NASDAQ$HOOD
Robinhood Markets Inc. · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Robinhood reported record-breaking revenue and profits for Q4 2024.
Robinhood's Q4 2024 earnings exceeded expectations with revenue surging 115% year-over-year to $1.01 billion and EPS reaching $1.01. Net income grew more than tenfold to $916 million, while transaction-based revenue soared over 200%, led by a 700% increase in cryptocurrency trading. Net deposits hit a record $16.1 billion, and the company saw strong user engagement with ARPU more than doubling.
- Q4 revenue grew 115% year-over-year to $1.01 billion.
- Net income increased over 10x to $916 million, with diluted EPS of $1.01.
- Transaction-based revenue surged over 200%, driven by a 700% increase in cryptocurrency revenue.
- Net deposits reached a record $16.1 billion, growing at an annualized rate of 42%.
Headline financials
Revenue & EPS history
Robinhood · Revenue · Quarterly
$1.01B
Revenue by segment
Robinhood · $282M total across 2 segments · Q3 2023
- Net interest$251M+96.1%89.0%
- Other revenue$31M+24.0%11.0%
Forward guidance
Robinhood expects continued growth in 2025, driven by new product offerings, international expansion, and increased user engagement.
Tailwinds
- Strong momentum in cryptocurrency trading, with plans to expand offerings.
- Expansion into the Asia-Pacific region, with Singapore as a key hub.
- Launch of futures trading and index options for active traders.
- Robinhood Gold subscriber base expected to continue growing.
- Anticipated regulatory approval for the Bitstamp acquisition in H1 2025.
Headwinds
- Potential impact of regulatory changes on revenue models.
- Uncertainty around interest rate movements affecting net interest income.
- Increased competition in the brokerage and fintech space.
- Potential credit losses and fraud risks associated with platform growth.
- Costs related to international expansion and acquisitions may weigh on margins.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
-1.4%
Avg return
Earnings day
-2.8%
Avg return
5 days after
+1.9%
Avg return
30 days after
36%
9 / 25 earnings
Positive
+14.1%
Q4 2024
Best reaction
-16.2%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.3% | -6.7% | +14.9% | |
| Q4 2025 | +0.0% | -26.9% | -20.8% | |
| Q3 2025 | -8.8% | -7.4% | -7.4% | |
| Q2 2025 | -2.9% | -0.6% | -2.0% | |
| Q1 2025 | -5.1% | -0.9% | +34.7% | |
| Q4 2024 | +14.1% | +2.3% | -9.7% | |
| Q3 2024 | -16.2% | -13.2% | +33.9% | |
| Q2 2024 | +3.0% | +7.7% | +10.1% | |
| Q1 2024 | -3.8% | -6.1% | +23.3% | |
| Q4 2023 | +11.4% | -4.1% | +50.6% | |
| Q3 2023 | -12.8% | -14.2% | +19.7% | |
| Q2 2023 | -10.3% | -11.9% | -13.7% | |
| Q1 2023 | +5.9% | -5.0% | +3.3% | |
| Q4 2022 | -4.5% | +5.8% | -5.2% | |
| Q3 2022 | +3.4% | +0.9% | -16.2% | |
| Q2 2022 | +14.0% | +15.0% | +6.5% | |
| Q1 2021 | -10.5% | -23.2% | -13.6% | |
| Q1 2022 | +3.1% | +6.2% | +9.1% | |
| Q4 2019 | +6.9% | +8.4% | +14.1% | |
| Q4 2021 | +2.6% | +18.0% | -6.4% | |
| Q3 2020 | -1.7% | +4.4% | -21.3% | |
| Q3 2021 | -9.2% | -10.4% | -28.3% | |
| Q2 2020 | -4.2% | -3.0% | -9.2% | |
| Q2 2021 | -4.2% | -3.0% | -9.2% | |
| Q4 2020 | -4.2% | -3.0% | -9.2% | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro