secwatch.observer — SEC 8-K summary
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Issuer:     Robinhood Markets, Inc. (HOOD)
CIK:        0001783879
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001783879-24-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783879/000178387924000047/0001783879-24-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783879/000178387924000047/hood-20240213.htm
  HTML page:      https://secwatch.observer/filing/0001783879-24-000047

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