secwatch.observer — SEC 8-K summary
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Issuer:     Robinhood Markets, Inc. (HOOD)
CIK:        0001783879
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001783879-25-000045
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Robinhood Q4 revenue record $1.01B (+115% YoY); net income $916M up >10x
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- Q4 total net revenues $1.01B (+115% YoY), transaction rev $672M driven by crypto $358M (+700%).
- Q4 net income $916M ($1.01 diluted EPS) vs $30M in Q4 2023; includes $0.41 EPS deferred tax benefit.
- Adjusted EBITDA $613M (+300%), Assets Under Custody $193B (+88%), Net Deposits $16.1B record.
- Full-year 2024 net income $1.41B vs loss $0.54B in 2023; revenue $2.95B (+58%).
- 2025 outlook: combined adjusted OpEx + SBC $2.0-$2.1B; share buybacks $257M in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783879/000178387925000045/0001783879-25-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783879/000178387925000045/hood-20250212.htm
  HTML page:      https://secwatch.observer/filing/0001783879-25-000045

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