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HOOD| Name | Value |
|---|---|
| Revenues | 491.0M |
| Cost of Revenue | 43.0M |
| Gross Profit | 448.0M |
| Operating Expense | 423.0M |
| Operating I/L | 25.0M |
| Other Income/Expense | -3.0M |
| Interest Income | 0.0M |
| Pretax | 22.0M |
| Income Tax Expense | -3.0M |
| Net Income/Loss | 25.0M |
Robinhood Markets, Inc. operates a financial services platform in the United States, enabling users to invest in stocks, ETFs, options, gold, and cryptocurrencies. The platform also provides educational resources such as business news digests, articles, tutorials, and financial dictionary. Additionally, it offers access to premium news from various sources, custom watchlists and alerts, and cash management services. The company generates revenue through trading commissions, interest on cash and securities, and margin lending. It also earns from its premium subscription service, Robinhood Gold, and order flow payments from market makers.
