Robinhood Markets, Inc. revenue by segment HOOD

Robinhood Markets, Inc. splits its revenue into 8 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Transaction Based Revenues at $2.6 billion, 59% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2026
Sep 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
5,082
4,473
2,951
1,865
1,358
1,815
Transaction Based Revenues
3,042
+20.5%
share 59.9%
2,628
+59.6%
share 58.8%
1,647
+109.8%
share 55.8%
785
share 42.1%
—
1,402
share 77.2%
Options
1,315
+27.5%
share 25.9%
1,123
share 25.1%
—
505
+3.5%
share 27.1%
488
-29.3%
share 35.9%
690
share 38.0%
Equities
426
+58.4%
share 8.4%
302
+70.6%
share 6.8%
177
+70.2%
share 6.0%
104
-11.1%
share 5.6%
117
-59.2%
share 8.6%
287
share 15.8%
Robinhood Gold Subscription Revenues
216
+34.2%
share 4.3%
179
+64.2%
share 4.0%
109
share 3.7%
—
68
share 5.0%
—
Financial Service Other
—
—
—
—
—
157
share 8.7%
Subscription Revenues
—
—
—
151
share 8.1%
—
157
share 8.7%
Other Revenue
182
+198.4%
share 3.6%
89
+242.3%
share 2.0%
26
+73.3%
share 0.9%
15
+87.5%
share 0.8%
8
share 0.6%
—
Proxy Revenues
68
+15.3%
share 1.3%
63
+5.0%
share 1.4%
60
-1.6%
share 2.0%
61
+38.6%
share 3.3%
44
share 3.2%
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Security Brokers, Dealers & Flotation Companies (SIC 6211)
Listed as
HOOD (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Menlo Park, CA
SEC filer status
Large accelerated filer
SEC CIK
1783879

Other Security Brokers, Dealers & Flotation Companies companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.