Robinhood Markets (STU:7KY) COGS-to-Revenue : 0.16 (As of Mar. 2024)

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What is Robinhood Markets COGS-to-Revenue?

Robinhood Markets's Cost of Goods Sold for the three months ended in Mar. 2024 was €91 Mil. Its Revenue for the three months ended in Mar. 2024 was €569 Mil.

Robinhood Markets's COGS to Revenue for the three months ended in Mar. 2024 was 0.16.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Robinhood Markets's Gross Margin % for the three months ended in Mar. 2024 was 83.98%.

Robinhood Markets COGS-to-Revenue Historical Data

The historical data trend for Robinhood Markets's COGS-to-Revenue 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.

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Robinhood Markets COGS-to-Revenue Chart

Robinhood Markets Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.34

0.25

0.44

0.70

0.41

Robinhood Markets Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial													0.22	0.21	0.21	1.00	0.16

Robinhood Markets COGS-to-Revenue Calculation

Robinhood Markets's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	703.339	/	1710.205
	=	0.41

Robinhood Markets's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	91.08	/	568.56
	=	0.16

Robinhood Markets (STU:7KY) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Robinhood Markets's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	91.08 / 568.56
	=	83.98 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

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Robinhood Markets (STU:7KY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Robinhood Markets Inc (STU:7KY) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

HOOD:USA HOOD:Mexico 7KY:Germany

Address

85 Willow Road, Menlo Park, CA, USA, 94025

Website

https://www.robinhood.com

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.

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