Robinhood Q4 revenue rises 115% to $1.01 billion; net income reaches $916 million
Robinhood reported fourth-quarter 2024 total net revenues of $1.01 billion, up 115% from a year earlier, and net income of $916 million, or $1.01 diluted earnings per share, compared with $30 million, or $0.03, in Q4 2023. The profit figure includes a $369 million deferred tax benefit, which added $0.41 to diluted EPS, so shareholders may weigh it against core operating results. The company also gave a 2025 outlook for combined Adjusted Operating Expenses and SBC of $2.0 billion to $2.1 billion.
Key points
- Q4 2024 total net revenues were $1.01 billion, up 115% year-over-year; transaction-based revenues were $672 million.
- Q4 2024 net income was $916 million, including a $369 million deferred tax benefit worth $0.41 of diluted EPS.
- Full-year 2024 net income was $1.41 billion, or $1.56 diluted EPS, compared with a net loss of $541 million in 2023.
- 2025 outlook for combined Adjusted Operating Expenses and SBC is $2.0 billion to $2.1 billion; the Bitstamp and TradePMR acquisitions are expected to close in the first half of 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.