Robinhood Files 2023 10-K, Details Annual Performance & Stock Structure
Ticker: HOOD · Form: 10-K · Filed: 2024-02-27T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, financial-filing, regulatory-filing
TL;DR
Robinhood just dropped its 2023 annual 10-K, giving the full rundown on last year's financials and stock setup.
AI Summary
Robinhood Markets, Inc. (CIK: 0001783879) filed its 10-K on February 27, 2024, covering the fiscal year ended December 31, 2023. The filing, with SEC File Number 001-40691, provides an annual overview of the company's financial and operational status. It references transaction-based revenues for 2021, 2022, and 2023, and details common stock classes (A, B, C) as of December 31, 2023, and February 22, 2024, though specific financial figures are not present in this excerpt.
Why It Matters
This 10-K provides investors with a comprehensive annual report on Robinhood's financial health, business operations, and risk factors, crucial for informed investment decisions. It outlines the company's performance for the fiscal year ending December 31, 2023.
Risk Assessment
Risk Level: medium — As a financial services company, Robinhood faces inherent market, regulatory, and operational risks detailed in its annual 10-K filing.
Key Players & Entities
- Robinhood Markets, Inc. (company) — Filing entity
- 0001783879 (company) — Central Index Key (CIK)
- 85 WILLOW ROAD, MENLO PARK, CA 94025 (company) — Business address
- 464364776 (company) — IRS Number
- 09 Crypto Assets (company) — Organization Name mentioned in filing data
FAQ
When was Robinhood Markets, Inc.'s 10-K for the fiscal year 2023 filed?
The 10-K for Robinhood Markets, Inc. was filed on February 27, 2024.
What is the Central Index Key (CIK) for Robinhood Markets, Inc.?
The CIK for Robinhood Markets, Inc. is 0001783879.
What fiscal period does this 10-K report cover?
This 10-K reports on the fiscal period from January 1, 2023, to December 31, 2023.
What is the business address listed for Robinhood Markets, Inc. in this filing?
The business address listed is 85 WILLOW ROAD, MENLO PARK, CA 94025.
Which types of common stock are mentioned in the filing's XBRL data?
The filing's XBRL data mentions Common Class A, Common Class B, and Common Class C stock members.
From the Filing
0001783879-24-000054.txt : 20240227 0001783879-24-000054.hdr.sgml : 20240227 20240227162914 ACCESSION NUMBER: 0001783879-24-000054 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 119 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240227 DATE AS OF CHANGE: 20240227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Robinhood Markets, Inc. CENTRAL INDEX KEY: 0001783879 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 464364776 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40691 FILM NUMBER: 24687323 BUSINESS ADDRESS: STREET 1: 85 WILLOW ROAD CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 844-428-5411 MAIL ADDRESS: STREET 1: 85 WILLOW ROAD CITY: MENLO PARK STATE: CA ZIP: 94025 10-K 1 hood-20231231.htm 10-K hood-20231231 0001783879 FALSE 2023 FY P1Y P7Y http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent 0001783879 2023-01-01 2023-12-31 0001783879 2023-06-30 iso4217:USD 0001783879 us-gaap:CommonClassAMember 2024-02-22 xbrli:shares 0001783879 us-gaap:CommonClassBMember 2024-02-22 0001783879 2022-12-31 0001783879 2023-12-31 iso4217:USD xbrli:shares 0001783879 us-gaap:CommonClassAMember 2022-12-31 0001783879 us-gaap:CommonClassAMember 2023-12-31 0001783879 us-gaap:CommonClassBMember 2023-12-31 0001783879 us-gaap:CommonClassBMember 2022-12-31 0001783879 us-gaap:CommonClassCMember 2022-12-31 0001783879 us-gaap:CommonClassCMember 2023-12-31 0001783879 hood:TransactionBasedRevenuesMember 2021-01-01 2021-12-31 0001783879 hood:TransactionBasedRevenuesMember 2022-01-01 2022-12-31 0001783879 hood:TransactionBasedRevenuesMember 2023-01-01 2023-12-31 0001783879 2021-01-01 2021-12-31 0001783879 2022-01-01 2022-12-31 0001783879 hood:SubscriptionRevenuesMember 2021-01-01 2021-12-31 0001783879 hood:SubscriptionRevenuesMember 2022-01-01 2022-12-31 0001783879 hood:SubscriptionRevenuesMember 2023-01-01 2023-12-31 0001783879 2020-12-31 0001783879 2021-12-31 0001783879 us-gaap:RedeemableConvertiblePreferredStockMember 2020-12-31 0001783879 us-gaap:CommonStockMember 2020-12-31 0001783879 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001783879 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2020-12-31 0001783879 us-gaap:RetainedEarningsMember 2020-12-31 0001783879 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001783879 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001783879 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001783879 us-gaap:RedeemableConvertiblePreferredStockMember 2021-01-01 2021-12-31 0001783879 us-gaap:RedeemableConvertiblePreferredStockMember 2021-12-31 0001783879 us-gaap:CommonStockMember 2021-12-31 0001783879 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001783879 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2021-12-31 0001783879 us-gaap:RetainedEarningsMember 2021-12-31 0001783879 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001783879 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001783879 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001783879 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2022-01-01 2022-12-31 0001783879 us-gaap:RedeemableConvertiblePreferredStockMember 2022-12-31 0001783879 us-gaap:CommonStockMember 2022-12-31 0001783879 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001783879 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2022-12-31 0001783879 us-gaap:RetainedEarningsMember 2022-12-31 0001783879 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001783879 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001783879