Robinhood Files Q2 2024 10-Q
Ticker: HOOD · Form: 10-Q · Filed: 2024-08-08T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, earnings, financials
TL;DR
Robinhood's Q2 10-Q is in, check financials.
AI Summary
Robinhood Markets, Inc. filed its 10-Q for the period ending June 30, 2024. The filing details financial performance and operational updates for the second quarter. Key financial metrics and business developments are outlined, providing insight into the company's trajectory.
Why It Matters
This filing provides investors and the public with a detailed look at Robinhood's financial health and operational performance during the second quarter of 2024.
Risk Assessment
Risk Level: medium — As a publicly traded company in the financial services sector, Robinhood faces inherent market, regulatory, and operational risks.
Key Numbers
- 2024-06-30 — Reporting Period End Date (Indicates the end of the fiscal quarter covered by the report.)
- 2024-08-08 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- Robinhood Markets, Inc. (company) — Filer of the 10-Q
- 20240630 (date) — End of the reporting period
- 20240808 (date) — Filing date
- 0001783879 (company) — Central Index Key for Robinhood Markets, Inc.
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended June 30, 2024.
Who is the filer of this 10-Q?
The filer is Robinhood Markets, Inc., with Central Index Key 0001783879.
When was this 10-Q filed with the SEC?
This 10-Q was filed on August 8, 2024.
What is the fiscal year end for Robinhood Markets, Inc.?
The fiscal year end for Robinhood Markets, Inc. is December 31.
What is the Standard Industrial Classification for Robinhood Markets, Inc.?
The Standard Industrial Classification is 6211, for SECURITY BROKERS, DEALERS & FLOTATION COMPANIES.
From the Filing
0001783879-24-000233.txt : 20240808 0001783879-24-000233.hdr.sgml : 20240808 20240807173617 ACCESSION NUMBER: 0001783879-24-000233 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 83 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240808 DATE AS OF CHANGE: 20240807 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-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-40691 FILM NUMBER: 241185211 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-Q 1 hood-20240630.htm 10-Q hood-20240630 0001783879 FALSE December 31 2024 Q2 P2D P1D P2Y http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent 464 416 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure hood:contract hood:class hood:vote hood:case hood:State hood:count hood:tranche 0001783879 2024-01-01 2024-06-30 0001783879 us-gaap:CommonClassAMember 2024-08-02 0001783879 us-gaap:CommonClassBMember 2024-08-02 0001783879 2023-12-31 0001783879 2024-06-30 0001783879 us-gaap:CommonClassAMember 2023-12-31 0001783879 us-gaap:CommonClassAMember 2024-06-30 0001783879 us-gaap:CommonClassBMember 2023-12-31 0001783879 us-gaap:CommonClassBMember 2024-06-30 0001783879 us-gaap:CommonClassCMember 2023-12-31 0001783879 us-gaap:CommonClassCMember 2024-06-30 0001783879 hood:TransactionBasedRevenuesMember 2023-04-01 2023-06-30 0001783879 hood:TransactionBasedRevenuesMember 2024-04-01 2024-06-30 0001783879 hood:TransactionBasedRevenuesMember 2023-01-01 2023-06-30 0001783879 hood:TransactionBasedRevenuesMember 2024-01-01 2024-06-30 0001783879 2023-04-01 2023-06-30 0001783879 2024-04-01 2024-06-30 0001783879 2023-01-01 2023-06-30 0001783879 us-gaap:FinancialServiceOtherMember 2023-04-01 2023-06-30 0001783879 us-gaap:FinancialServiceOtherMember 2024-04-01 2024-06-30 0001783879 us-gaap:FinancialServiceOtherMember 2023-01-01 2023-06-30 0001783879 us-gaap:FinancialServiceOtherMember 2024-01-01 2024-06-30 0001783879 2022-12-31 0001783879 2023-06-30 0001783879 us-gaap:CommonStockMember 2023-03-31 0001783879 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001783879 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2023-03-31 0001783879 us-gaap:RetainedEarningsMember 2023-03-31 0001783879 2023-03-31 0001783879 us-gaap:RetainedEarningsMember 2023-04-01 2023-06-30 0001783879 us-gaap:CommonStockMember 2023-04-01 2023-06-30 0001783879 us-gaap:AdditionalPaidInCapitalMember 2023-04-01 2023-06-30 0001783879 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2023-04-01 2023-06-30 0001783879 us-gaap:CommonStockMember 2023-06-30 0001783879 us-gaap:AdditionalPaidInCapitalMember 2023-06-30 0001783879 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2023-06-30 0001783879 us-gaap:RetainedEarningsMember 2023-06-30 0001783879 us-gaap:CommonStockMember 2024-03-31 0001783879 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001783879 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2024-03-31 0001783879 us-gaap:RetainedEarningsMember 2024-03-31 0001783879 2024-03-31 0001783879 us-gaap:RetainedEarningsMember 2024-04-01 2024-06-30 0001783879 us-gaap:CommonStockMember 2024-04-01 2024-06-30 0001783879 us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2024-06-30 0001783879 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2024-04-01 2024-06-30 00017838