Robinhood Markets, Inc.

For the period ended Dec 31, 2025. Filed Feb 18, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 18, 2026

HOOD$81.35-3.8%Stored close · as of Nov 12, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Stockholders’ Equity

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Common stock(1) · Additionalpaid-incapital · Accumulated other comprehensive loss · Accumulated deficit · Total stockholders’equity
(in millions, except for number of shares) · Shares · Amount
Balance as of December 31, 2022	892,751,571	$—	$11,861	$—	$(4,905)	$6,956
Net loss	—	—	—	—	(541)	(541)
Issuance of common stock in connection with stock option exercises	2,449,169	—	5	—	—	5
Issuance of common stock in connection with Employee Share Purchase Plan	1,968,081	—	14	—	—	14
Issuance of common stock upon settlement of restricted stock units, net of shares withheld	30,267,312	—	(12)	—	—	(12)
Repurchase and retirement of Class A common stock	(55,273,469)	—	(611)	—	—	(611)
Change in other comprehensive loss	—	—	—	(3)	—	(3)
Share-based compensation	—	—	888	—	—	888
Balance as of December 31, 2023	872,162,664	$—	$12,145	$(3)	$(5,446)	$6,696

Common stock(1) · Additionalpaid-incapital · Accumulated other comprehensive loss · Accumulated deficit · Total stockholders’equity
(in millions, except for number of shares) · Shares · Amount
Balance as of December 31, 2023	872,162,664	$—	$12,145	$(3)	$(5,446)	$6,696
Net income	—	—	—	—	1,411	1,411
Issuance of common stock in connection with stock option exercises	3,954,721	—	18	—	—	18
Issuance of common stock in connection with Employee Share Purchase Plan	2,275,623	—	16	—	—	16
Issuance of common stock upon settlement of restricted stock units, net of shares withheld	15,999,321	—	(244)	—	—	(244)
Issuance of common stock in connection with warrants exercises, net of shares withheld	456,764	—	—	—	—	—
Repurchase and retirement of Class A common stock	(10,356,110)	—	(257)	—	—	(257)
Change in other comprehensive income	—	—	—	2	—	2
Share-based compensation	—	—	330	—	—	330
Balance as of December 31, 2024	884,492,983	$—	$12,008	$(1)	$(4,035)	$7,972

Common stock(1) · Additionalpaid-incapital · Accumulated other comprehensive income (loss) · Accumulated deficit · Non-controlling Interest · Total stockholders’equity
(in millions, except for number of shares) · Shares · Amount
Balance as of December 31, 2024	884,492,983	$—	$12,008	$(1)	$(4,035)	$—	$7,972
Net income	—	—	—	—	1,883	—	1,883
Issuance of common stock in connection with stock option exercises	4,206,007	—	16	—	—	—	16
Issuance of common stock in connection with warrants exercises, net of shares withheld	2,816,093	—	—	—	—	—	—
Issuance of common stock in connection with Employee Share Purchase Plan	765,702	—	22	—	—	—	22
Issuance of common stock in connection with business combination	2,049,711	—	—	—	—	—	—
Issuance of common stock upon settlement of restricted stock units, net of shares withheld	19,016,398	—	(437)	—	—	—	(437)
Repurchase and retirement of Class A common stock	(12,018,462)	—	(653)	—	—	—	(653)
Change in other comprehensive income	—	—	—	9	—	—	9
Share-based compensation	—	—	328	—	—	—	328
Capital contributions from a partner	—	—	—	—	—	11	11
Balance as of December 31, 2025	901,328,432	$—	$11,284	$8	$(2,152)	$11	$9,151

(1)The share amounts listed above combine Class A common stock and Class B common stock.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.