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Robinhood Markets (Robinhood Markets) Pre-Tax Income : $-533 Mil (TTM As of Dec. 2023)


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What is Robinhood Markets Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Robinhood Markets's pretax income for the three months ended in Dec. 2023 was $29 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $-533 Mil. Robinhood Markets's pretax margin was 6.16%.

During the past 5 years, Robinhood Markets's highest Pretax Margin was 1.36%. The lowest was -203.03%. And the median was -38.77%.


Robinhood Markets Pre-Tax Income Historical Data

The historical data trend for Robinhood Markets's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Robinhood Markets Pre-Tax Income Chart

Robinhood Markets Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
-107.59 13.00 -3,685.00 -1,027.00 -533.00

Robinhood Markets Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -168.00 -509.00 22.00 -75.00 29.00

Competitive Comparison of Robinhood Markets's Pre-Tax Income

For the Capital Markets subindustry, Robinhood Markets's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Robinhood Markets's Pre-Tax Income Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Robinhood Markets's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Robinhood Markets's Pre-Tax Income falls into.



Robinhood Markets Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Robinhood Markets's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-531+-2+0+0+0
=-533

Robinhood Markets's Pretax Income for the quarter that ended in Dec. 2023 is calculated as


Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-533 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Robinhood Markets  (NAS:HOOD) Pre-Tax Income Explanation

Robinhood Markets's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=29/471
=6.16%

During the past 5 years, Robinhood Markets's highest Pretax Margin was 1.36%. The lowest was -203.03%. And the median was -38.77%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Robinhood Markets Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Robinhood Markets's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Robinhood Markets (Robinhood Markets) Business Description

Traded in Other Exchanges
Address
85 Willow Road, Menlo Park, CA, USA, 94025
Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.
Executives
Baiju Bhatt director, 10 percent owner, officer: Chief Creative Officer C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Vladimir Tenev director, 10 percent owner, officer: Chief Executive Officer C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Jason Warnick officer: Chief Financial Officer C/O ROBINHOOD MARKETS INC, MENLO PARK CA 94025
Gallagher Daniel Martin Jr officer: Chief Legal Officer C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Index Ventures Vi Parallel Entrepreneur Fund (jersey) Lp director, 10 percent owner NO. 1 SEATON PLACE, ST. HELIER, CHANNEL ISLANDS Y9 JE48YJ
Steven M. Quirk officer: Chief Brokerage Officer C/O ROBINHOOD MARKETS INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Scott D Sandell director, 10 percent owner
Florence Anthony A. Jr. director, 10 percent owner 5425 WISCONSIN AVENUE, SUITE 800, CHEVY CHASE MD 20815
Mohamad Makhzoumi director, 10 percent owner 2855 SAND HILL ROAD, MENLO PARK CA 94025
Meyer Malka director 364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Forest Baskett director, 10 percent owner
Frances X Frei director ADVANCE AUTO PARTS, INC., 5008 AIRPORT RD, ROANOKE VA 24012
Gretchen Howard officer: Chief Operating Officer 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Oluwadara Johnson Treseder director C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Aparna Chennapragada officer: Chief Product Officer C/O EBAY, INC., 2025 HAMILTON AVE., SAN JOSE CA 95125