---
schema_version: "secwatch.filing_event.v1"
accession: "0001783879-22-000162"
form_type: "8-K"
ticker: "HOOD"
cik: "0001783879"
company_name: "Robinhood Markets, Inc."
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T06:03:18.237027+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Robinhood Q2 net loss $295M ($0.34 EPS); revenue $318M, up 6% QoQ; lays off ~780 employees

## Summary
- Net loss $295M ($0.34 diluted EPS) vs $392M loss ($0.45) in Q1; revenue $318M, up 6% sequentially.
- Transaction-based revenue $202M (-7% QoQ); options $113M (-11%), crypto $58M (+7%), equities $29M (-19%).
- MAU fell to 14.0M (down 1.9M QoQ); AUC $64.2B (-31% QoQ) driven by lower market valuations.
- August workforce reduction of ~780 employees (~23% of full-time staff); estimated $30-40M cash restructuring charges.
- CPO Chennapragada steps down effective Aug 2; advisory role through Jan 2, 2023; receives $550K severance.

## SEC filing metadata
- accession: 0001783879-22-000162
- form_type: 8-K
- ticker: HOOD
- cik: 0001783879
- company_name: Robinhood Markets, Inc.
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 2.05, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1783879/000178387922000162/0001783879-22-000162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783879/000178387922000162/hood-20220729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001783879-22-000162
- JSON: https://secwatch.observer/filing/0001783879-22-000162.json
- Plain text: https://secwatch.observer/filing/0001783879-22-000162.txt

## Key facts
- Executive change
  Aparna Chennapragada departed as Chief Product Officer at Robinhood Markets, Inc..
  - Action: stepping down
  - Role: Chief Product Officer
  source text: Ms. Chennapragada is stepping down as the Chief Product Officer, effective August 2, 2022, and will remain employed in an advisory role to the CEO or his designee through January 2, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783879/000178387922000162/0001783879-22-000162-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.