The revenue of Robinhood Markets with headquarters in the United States amounted to 3 billion U.S. dollars in 2024. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2020 this is a total increase by approximately 2 billion U.S. dollars. The trend from 2020 to 2024 shows, however, that this increase did not happen continuously.
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Robinhood Statistics: Robinhood Markets Inc., founded in 2013 and headquartered in Menlo Park, California, is a financial services company offering commission-free trading in stocks, options, and cryptocurrencies. As of the end of 2024, Robinhood reported 25.2 million funded accounts and 26.2 million investment accounts. The company's assets under custody reached $193 billion, a significant increase from the previous year. In 2024, Robinhood generated $2.95 billion in revenue, marking a 58% year-over-year growth, and achieved a net income of $1.41 billion, its first annual profit since 2020.
Robinhood as a serious force in financial services, the article now aims to describe the key Robinhood statistics and developments that shaped Robinhood's 2024 performance.
The number of active monthly users of the commission-free trading app Robinhood grew steadily since 2014, even though the app did not officially launch until mid-2015. The number of users grew from ************** in 2014 up to **** million, reaching a peak in 2021. While the number of active monthly users now rests at under ** million, the Average Revenue Per Users (ARPU) has increased. The app’s net revenue did also grow steadily since its official launch, reaching *** million U.S. dollars as of 2023. Robinhood and the GameStop story Robinhood was a key player in the GameStop story in January 2021, when they restricted the trading of GameStop stocks for a few days. The platform with its commission-free trading is known to be "for the young and poor" and their trading halt caused a lot of anger among its users, who called it market manipulation and claimed the company was helping the hedge funds. Did the GameStop story affect the number of downloads? The number of downloads of the Robinhood app increased markedly in April 2021. The number of downloads grew by almost five times compared to the previous month, reaching around 3.23 million downloads from Google Play Store and Apple App Store in April 2021. This increase show that the app had a central role for the GameStop stocks, where young investors saw an opportunity to make money with commission-free trades.
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Robinhood Markets income taxes for the twelve months ending March 31, 2025 were $-0.317B, a 2981.82% decline year-over-year. Robinhood Markets annual income taxes for 2024 were $-0.347B, a 4437.5% decline from 2023. Robinhood Markets annual income taxes for 2023 were $0.008B, a 700% increase from 2022. Robinhood Markets annual income taxes for 2022 were $0.001B, a 50% decline from 2021.
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Robinhood Markets other operating income or expenses for the twelve months ending March 31, 2025 were $-0.199B, a 23.6% increase year-over-year. Robinhood Markets annual other operating income or expenses for 2024 were $-0.188B, a 18.24% increase from 2023. Robinhood Markets annual other operating income or expenses for 2023 were $-0.159B, a 44.21% decline from 2022. Robinhood Markets annual other operating income or expenses for 2022 were $-0.285B, a 22.55% decline from 2021.
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Like several other app industries, stock trading and investment saw a huge spike in usage during the coronavirus pandemic. Millions of people stuck at home were able to take advantage of new...
In 2024, leading payment providers and digital banks managed to generate substantial revenue. PayPal led with a revenue of approximately **** billion U.S. dollars, followed by Nubank with a revenue of around **** billion U.S. dollars. Revolut - a multinational neobank founded in 2015- generated a revenue around *** billion U.S. dollars. Robinhood and Klarna trailed behind, each having revenues approaching three billion U.S. dollars.
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This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.
Historical daily stock prices (open, high, low, close, volume)
Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)
Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)
Feature engineering based on financial data and technical indicators
Sentiment analysis data from social media and news articles
Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)
Stock price prediction
Portfolio optimization
Algorithmic trading
Market sentiment analysis
Risk management
Researchers investigating the effectiveness of machine learning in stock market prediction
Analysts developing quantitative trading Buy/Sell strategies
Individuals interested in building their own stock market prediction models
Students learning about machine learning and financial applications
The dataset may include different levels of granularity (e.g., daily, hourly)
Data cleaning and preprocessing are essential before model training
Regular updates are recommended to maintain the accuracy and relevance of the data
In 2024, leading payment providers and digital banks managed to generate substantial average revenue per user (ARPU). Robinhood led with an ARPU of *** U.S. dollars. This was followed by Revolut and PayPal, each having revenues per user surpassing ** U.S. dollars. Klarna and Nubank trailed behind, with ARPU of ** U.S. dollars and **** U.S. dollars, respectively.
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Online stock brokerages continue to generate steady growth, as the proliferation of digital technology coincided with broader economic stabilization that incentivized investors to leave traditional brokers and started trading online. Despite the pandemic-induced recession, brokers endured revenue growth as more investors made trades amid market volatility. Lower discretionary spending fueled a temporary spike in the personal savings rate and led to a rise in young investors through online brokerages, causing total trading volume and internet traffic to skyrocket. In recent years, growth has been curtailed by the effects of high inflation, which cut consumers' propensity to invest. Nonetheless, the continued growth in equity markets, such as the S&P 500, fueled strong broker success, with revenue rising at a CAGR of 2.3% to an estimated $12.3 billion through the end of 2024, including an estimated 2.9% boost in 2024. Stabilizing operational costs and trading volumes have also cemented brokers’ profit margin. While online brokerage services were growing, players sought to expand their offerings to gain new customers and sway existing traders from other firms. In doing so, firms ramped up merger and acquisition (M&A) activity to offer advanced trading platforms and the ability to trade a diversified list of securities. One of the major acquisitions in the current period was Charles Schwab Corporation acquiring TD Ameritrade. Companies also engaged in heavy price competition to acquire new customers. Moving forward, online stock brokers are expected to continue growing, as the expected stabilization of global economic conditions will dampen market volatility. The economic recovery will allow consumers greater flexibility in online trading while the stock market grows in value and uncertain conditions wane. Brokerages will continue to innovate their platforms via provision of new trading capabilities like fractional investing, while higher engagement in price competition aiming to gain and retain customers. At the same time, expected growth in internet traffic volume and the S&P 500 will serve as good accelerants for demand for online brokerage. Over the next five years, revenue is expected to grow at a CAGR of 5.1% to an estimated $15.8 billion.
In 2024, leading payment providers and digital banks managed to acquire substantial profit margin. Robinhood led with a profit ratio of ** percent. This was closely followed by Nubank, with a profit margin of ** percent. Revolut and PayPal trailed behind, having a profit margin of ** percent and ** percent, respectively.
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The revenue of Robinhood Markets with headquarters in the United States amounted to 3 billion U.S. dollars in 2024. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2020 this is a total increase by approximately 2 billion U.S. dollars. The trend from 2020 to 2024 shows, however, that this increase did not happen continuously.