secwatch.observer — SEC 8-K summary
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Issuer:     Robinhood Markets, Inc. (HOOD)
CIK:        0001783879
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001783879-22-000229
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783879/000178387922000229/0001783879-22-000229-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783879/000178387922000229/hood-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001783879-22-000229

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer