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Mobile-first US brokerage popular with younger investors, offering commission-free stock, options and crypto trading.
Mobile-first US brokerage popular with younger investors, offering commission-free stock, options and crypto trading.
Earns mostly from trading activity: market makers that execute customers' stock and options orders pay Robinhood for the flow, and crypto trades carry a fee. Interest on customers' cash and margin loans and Gold subscription fees add steadier income. It was founded in 2013 on commission-free trading.
Moat: narrow (brand, network effects, distribution). Mobile-first brand recognition among younger investors gives distribution, though the product is easy to copy.
Headquarters: Menlo Park, California, US · Founded: 2013 · Employees: 2,900
Size Robinhood Markets (HOOD) is a United States Financials company (Investment Banks/Brokers) with a market value of $72.9B, the 184th largest of 3,117 United States companies the cockpit tracks. Shares closed at $80.91 on 6 Nov 2026.
Performance Over six months the shares gained 5.0%, against +4.2% for the median peer and -1.1% for the United States market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 21.6% over the last twelve months (peer median +8.1%); the operating margin is 43.9% (peer median 37.9%).
Valuation It trades at 29.7× forward earnings against a peer median of 16.4× (2nd most expensive of 21).
Credit Robinhood Markets has 1 bond outstanding ($2.20B).
Short interest Short interest is 4.6% of the free float (15 Oct 2026).
Next results Next results expected around 16 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $5.14B | $4.50B | $2.98B | $1.89B | $1.38B |
| Revenue growth | — | +51% | +58% | +37% | — |
| Gross profit | $4.87B | $4.28B | $2.78B | $1.71B | $1.17B |
| EBITDA | $2.35B | $2.21B | $1.16B | -$442M | -$881M |
| Net income | $1.98B | $1.88B | $1.41B | -$541M | -$1.03B |
| Free cash flow | -$2.70B | -$3.42B | -$2.50B | $522M | $908M |
| Capital expenditure | $76.0M | $54.0M | $50.0M | $21.0M | $57.0M |
| Total debt | $27.5B | $15.6B | $10.1B | $5.25B | $2.98B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Robinhood Markets HOOD | $72.9B | +5% | +22% | 44% | 29.7× | n/a |
| Charles Schwab SCHW | $158B | +3% | +12% | 52% | 12.2× | n/a |
| Interactive Brokers IBKR | $129B | -10% | +16% | 87% | 23.9× | n/a |
| Coinbase COIN | $35.7B | -33% | -48% | -33% | 99.3× | n/a |
| Webull BULL | $2.66B | -30% | +48% | 12% | 17.7× | -17.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | HOOD | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -24.4% | +1.3% | lowest of 21 |
| 6-month return | +5.0% | +4.2% | 11th highest of 21 |
| Distance from 52-week high | -42.3% | -11.9% | 2nd lowest of 21 |
| Revenue growth (TTM) | +21.6% | +8.1% | 4th highest of 21 |
| Operating margin | 43.9% | 37.9% | 9th highest of 21 |
| Forward P/E | 29.7× | 16.4× | 2nd most expensive of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Robinhood Markets HOOD | United States | $72.9B | +5% | +22% | 44% | 29.7× | n/a | n/a |
| Barclays BARC.L | United Kingdom | $75.1B | +1% | +7% | 22% | 8.2× | n/a | n/a |
| Deutsche Bank Aktiengesellschaft DBK.DE | Germany | $65.0B | +15% | 0% | 30% | 9.5× | n/a | n/a |
| Deutsche Boerse DB1.DE | Germany | $63.8B | +32% | +7% | 41% | 24.7× | n/a | n/a |
| Macquarie MQG.AX | Australia | $63.5B | +5% | +5% | 20% | 18.1× | n/a | n/a |
| HKEX 0388.HK | Hong Kong | $62.2B | -10% | +23% | 75% | 24.6× | n/a | n/a |
| Nasdaq NDAQ | United States | $59.4B | +21% | +12% | 31% | 23.4× | n/a | n/a |
| CITIC Securities 600030.SS | China | $56.4B | -6% | -16% | 54% | 10.2× | n/a | n/a |
| Intercontinental Exchange ICE | United States | $96.3B | +11% | +14% | 47% | 20.1× | n/a | n/a |
| BNY Mellon BNY | United States | $99.4B | +13% | -1% | 37% | 14.7× | n/a | n/a |
| CME CME | United States | $109B | +9% | +9% | 66% | 23.6× | n/a | n/a |
| State Street STT | United States | $45.0B | +11% | +2% | 33% | 11.1× | n/a | n/a |
| Interactive Brokers IBKR | United States | $129B | -10% | +16% | 87% | 23.9× | n/a | n/a |
| Cboe Global Markets CBOE | United States | $36.9B | +2% | +14% | 36% | 23.4× | n/a | n/a |
| Coinbase COIN | United States | $35.7B | -33% | -48% | -33% | 99.3× | n/a | n/a |
| Charles Schwab SCHW | United States | $158B | +3% | +12% | 52% | 12.2× | n/a | n/a |
| Tradeweb Markets TW | United States | $29.7B | +17% | +14% | 44% | 27.9× | n/a | n/a |
| Yuanta Financial Holding Co. Lt 2885.TW | Taiwan | $28.1B | +28% | +78% | 28% | 14.2× | n/a | n/a |
| LPL Financial LPLA | United States | $23.0B | -3% | +31% | 13% | 10.5× | n/a | n/a |
| Huatai Securities 601688.SS | China | $22.7B | -7% | -6% | 38% | 8.3× | n/a | n/a |
| China International Capital 601995.SS | China | $21.6B | -18% | -20% | 55% | 10.0× | n/a | n/a |
Robinhood Markets has 1 bond outstanding with $2.20B face value.