secwatch.observer — SEC 8-K summary
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Issuer:     Robinhood Markets, Inc. (HOOD)
CIK:        0001783879
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001783879-24-000295
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Robinhood Q3 revenue $637M (+36% YoY), net income $150M; EPS $0.17 vs -$0.09
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- Transaction-based revenue $319M (+72% YoY); crypto revenue $61M (+165%), options $202M (+63%).
- Assets Under Custody $152.2B (+76% YoY); net deposits $10B (29% annualized growth rate).
- Adjusted EBITDA $268M (+96% YoY); GAAP operating expenses $486M (-10% YoY).
- FY 2024 GAAP op ex outlook $1.86B-$1.96B; non-GAAP combined op ex+SBC unchanged $1.85B-$1.95B.
- Gold subscribers 2.2M (+65% YoY); funded customers 24.3M; Robinhood Legend desktop platform launched.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783879/000178387924000295/0001783879-24-000295-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783879/000178387924000295/hood-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001783879-24-000295

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