---
schema_version: "secwatch.filing_event.v1"
accession: "0001783879-24-000047"
form_type: "8-K"
ticker: "HOOD"
cik: "0001783879"
company_name: "Robinhood Markets, Inc."
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:33:27.458105+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001783879-24-000047
- form_type: 8-K
- ticker: HOOD
- cik: 0001783879
- company_name: Robinhood Markets, Inc.
- filed_at: 2024-02-13T23:59:59+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/1783879/000178387924000047/0001783879-24-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783879/000178387924000047/hood-20240213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001783879-24-000047
- JSON: https://secwatch.observer/filing/0001783879-24-000047.json
- Plain text: https://secwatch.observer/filing/0001783879-24-000047.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783879/000178387924000047/0001783879-24-000047-index.htm
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783879/000178387924000047/0001783879-24-000047-index.htm

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