Robinhood said Q4 2024 total net revenues rose 115% year over year to $1,014 million (about $1.01 billion). Transaction-based revenues came in at $672 million, up from $200 million a year earlier.

1. 01

   Robinhood said Q4 2024 total net revenues rose 115% year over year to $1,014 million (about $1.01 billion). Transaction-based revenues came in at $672 million, up from $200 million a year earlier.

2. 02

   The company said net income for Q4 2024 was $916 million (diluted EPS of $1.01), compared with $30 million a year earlier. This included a $369 million deferred tax benefit and a $55 million benefit from the reversal of an accrual tied to a regulatory settlement.

3. 03

   The company said total net revenues for 2024 rose 58% to $2,951 million, and net income was $1,411 million (compared with a net loss of $541 million in 2023). Adjusted EBITDA for the year was $1,429 million, up from $536 million in 2023.

4. 04

   The company said its outlook for combined Adjusted Operating Expenses and SBC for full-year 2025 is $2.0 billion to $2.1 billion. It said this outlook does not include costs related to TradePMR or Bitstamp. It also said both acquisitions are expected to close in the first half of 2025.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.