{"schema_version":"secwatch.filing_event.v1","accession":"0001783879-23-000267","form_type":"8-K","ticker":"HOOD","cik":"0001783879","company_name":"Robinhood Markets, Inc.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.419860+00:00","generated_at":"2026-06-08T16:48:15.613998+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Robinhood Q3 net loss narrows to $85M; revenue up 29% to $467M","bullets":["Revenue $467M (+29% YoY); net loss $85M vs $175M loss in Q3 2022; EPS -$0.09.","Net interest revenue $251M (+96% YoY); transaction revenue $185M (-11%); crypto revenue down 55%.","Adjusted EBITDA $137M (+191% YoY); MAU 10.3M (-16% YoY); AUC $87B (+34%).","Guidance: GAAP op expenses $2.399B-$2.439B FY2023 incl $104M regulatory accrual.","Plans to launch UK brokerage and EU crypto trading soon; bought 55.3M shares in Q3."],"urls":{"canonical":"https://secwatch.observer/filing/0001783879-23-000267","json":"https://secwatch.observer/filing/0001783879-23-000267.json","markdown":"https://secwatch.observer/filing/0001783879-23-000267.md","text":"https://secwatch.observer/filing/0001783879-23-000267.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1783879/000178387923000267/0001783879-23-000267-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1783879/000178387923000267/hood-20231107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T16:48:15.613998+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2945ccbc7d4d48f6e20fb4e94ecba6af886edbaf","claim":"Robinhood Markets, Inc. reported Third Quarter of 2023 results: net income Net loss was $85 million.","evidence_excerpt":"• Total net revenues increased 29% year-over-year to $467 million, primarily due to higher net interest and other revenues, partially offset by lower transaction-based revenues.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1783879/000178387923000267/0001783879-23-000267-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Third Quarter of 2023"},{"label":"Net income","value":"Net loss was $85 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"2945ccbc7d4d48f6e20fb4e94ecba6af886edbaf","claim":"Robinhood Markets, Inc. reported Third Quarter of 2023 results: net income Net loss was $85 million.","evidence_excerpt":"• Net loss was $85 million , or earnings per share (EPS) of -$0.09, compared with a net loss of $175 million, or EPS of -$0.20, in Q3 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1783879/000178387923000267/0001783879-23-000267-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Third Quarter of 2023"},{"label":"Net income","value":"Net loss was $85 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"52c4ec3b8be98b5d004030fb9a51450e09c64b37","claim":"Robinhood Markets, Inc. updated its Full-year 2023 guidance (reaffirmed).","evidence_excerpt":"• GAAP total operating expenses for full-year 2023 to be in the range of $2.399 billion to $2.439 billion (including a $104 million regulatory accrual in Q3 2023), updated from our prior outlook of $2.330 billion to $2.410 billion.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1783879/000178387923000267/0001783879-23-000267-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full-year 2023"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"52c4ec3b8be98b5d004030fb9a51450e09c64b37","claim":"Robinhood Markets, Inc. updated its Full-year 2023 guidance (reaffirmed).","evidence_excerpt":"• Adjusted Operating Expenses for full-year 2023 to be in the range of $1.435 billion to $1.455 billion, an improvement of $5 million from the midpoint from our prior outlook (previously operating expenses prior to SBC) of $1.430 billion to $1.470 billion.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1783879/000178387923000267/0001783879-23-000267-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full-year 2023"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}