---
schema_version: "secwatch.filing_event.v1"
accession: "0001783879-22-000229"
form_type: "8-K"
ticker: "HOOD"
cik: "0001783879"
company_name: "Robinhood Markets, Inc."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T14:58:07.270633+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Robinhood Q3 net loss $175M; adjusted EBITDA positive $47M, beating plan

## Summary
- Total net revenues $361M (+14% QoQ); transaction-based revenues $208M (+3%).
- Net loss $175M ($0.20/share) vs Q2 loss $295M ($0.34/share); a $120M improvement.
- Adjusted EBITDA positive $47M, $127M improvement QoQ; achieved a quarter early.
- Monthly active users fell 1.8M to 12.2M; AUC $64.6B (+1%); net deposits $2.7B.
- FY2022 GAAP opex guidance $2.34-2.40B; SBC ~$645-685M; restructuring charges $107M.

## SEC filing metadata
- accession: 0001783879-22-000229
- form_type: 8-K
- ticker: HOOD
- cik: 0001783879
- company_name: Robinhood Markets, Inc.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1783879/000178387922000229/0001783879-22-000229-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783879/000178387922000229/hood-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001783879-22-000229
- JSON: https://secwatch.observer/filing/0001783879-22-000229.json
- Plain text: https://secwatch.observer/filing/0001783879-22-000229.txt

## Key facts
- Earnings Releases
  Robinhood Markets, Inc. updated its full-year 2022 guidance (initiated).
  - Period: full-year 2022
  - Guidance: initiated
  - Result: guidance update
  source text: As a result of the progress we have made on our cost reduction initiatives, including the reductions in force announced April 26, 2022 (the “April 2022 Restructuring”) and August 2, 2022 (the “August 2022 Restructuring”) we expect: • GAAP total operating expenses for full-year 2022 to be in the range of $2.34 billion to $2.40 billion, representing a decrease of approximately 31% to 32% from the prior year;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783879/000178387922000229/0001783879-22-000229-index.htm
- Earnings Releases
  Robinhood Markets, Inc. reported the quarter ended September 30, 2022 results: revenue $361 million, net income $175 million, EPS $0.20 per share.
  - Period: the quarter ended September 30, 2022
  - Revenue: $361 million
  - Net income: $175 million
  - EPS: $0.20 per share
  - Result: reported results
  source text: Total net revenues increased 14% sequentially to $361 million. • Transaction-based revenues increased 3% sequentially to $208 million. ◦ Options increased 10% sequentially to $124 million. ◦ Cryptocurrencies decreased 12% sequentially to $51 million. ◦ Equities increased 7% sequentially to $31 million. • Net interest revenue increased 73% sequentially to $128 million. • Net loss was $175 million, or $0.20 per share, compared with net loss of $295 million, or $0.34 per share in the second quarter of 2022, a sequential improvement of $120 million or $0.14 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783879/000178387922000229/0001783879-22-000229-index.htm

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