Robinhood Q4 net income $30M, record full-year revenue $1.87B, up 37% YoY

Robinhood Markets, Inc.

2023-FY EPS reported -$0.61 revenue$1,865,000,000

Q4 GAAP net income $30M ($0.03 EPS) vs $166M loss in Q4 2022; revenue $471M (+24% YoY).
Full-year 2023 revenue $1.87B (+37% YoY); net loss improved to $541M from $1.03B.
Adjusted EBITDA $133M in Q4 (+62% YoY); full-year Adjusted EBITDA $536M vs -$94M in 2022.
Assets Under Custody $102.6B (+65% YoY); Funded Customers 23.4M (+420K); Net Deposits $4.6B in Q4.
2024 expense guidance: GAAP and non-GAAP combined expenses $1.85-1.95B, includes growth investments.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Robinhood Markets, Inc. reported financial results for the full year ended December 31, 2023.

Period: the full year ended December 31, 2023
Result: reported results

Exact text from the filing

On February 13, 2024, Robinhood Markets, Inc. (“Robinhood,” the “Company,” "we," or "us”) issued a press release regarding its financial results for the fourth quarter and full year ended December 31, 2023.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Robinhood Markets, Inc. reported financial results for the fourth quarter ended December 31, 2023.

Period: the fourth quarter ended December 31, 2023
Result: reported results

Exact text from the filing

On February 13, 2024, Robinhood Markets, Inc. (“Robinhood,” the “Company,” "we," or "us”) issued a press release regarding its financial results for the fourth quarter and full year ended December 31, 2023.

View on SEC.gov

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Robinhood Markets, Inc. filing history →

Source: SEC EDGAR

accession 0001783879-24-000047

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