Robinhood Markets Inc - Ordinary Shares - Class A

NASDAQ:HOOD  
42.48
+0.53 (+1.26%)
4:03:54 PM EDT: $42.35 -0.13 (-0.31%)
Earnings Announcements

Robinhood Markets Inc QTRLY Loss Per Share $2.16

Published: 08/18/2021 20:46 GMT
Robinhood Markets Inc - Ordinary Shares - Class A (HOOD) - Robinhood Reports Second Quarter 2021 Results.
Q2 Revenue $565 Million Versus Refinitiv Ibes Estimate of $521.8 Million.
Equities Transaction-based Revenue Decreased 26% to $52 Million in Q2 of 2021.
Revenue for Cryptocurrencies Increased to $233 Million in Q2 of 2021, Compared to $5 Million in Q2 of 2020.
Net Cumulative Funded Accounts Increased 130% to 22.5 Million in Q2 of 2021, Compared With 9.8 Million in Q2 of 2020.
Robinhood Markets - Monthly Active Users Increased 109% to 21.3 Million in Q2 of 2021, Compared With 10.2 Million in Q2 of 2020.
Assets Under Custody (auc) Increased 205% to $102 Billion in Q2 of 2021, Compared With $33 Billion in Q2 of 2020.
Average Revenues per User (arpu) Was $112 in Q2 of 2021, Compared With $115 in Q2 of 2020.
Average Revenues per User (arpu) Was $112 in Q2 of 2021, Compared With $115 in Q2 of 2020.
Robinhood Markets - Net Cumulative Funded Accounts Increased 130% to 22.5 Million in Q2 of 2021, Compared With 9.8 Million in Q2 of 2020.
For Quarter Ended September 30, Expect Seasonal Headwinds and Lower Trading Activity Across Industry to Result in Lower Revenues.
Qtrly Loss per Share $2.16.
Robinhood Markets - Will Record a One-time Cumulative Charge of $1.0 Billion in Stock-based Compensation for Restricted Stock Units Related to Our Ipo in Q3.
Robinhood - Remaining Unamortized Stock-based Compensation of $2.2 Billion As of Ipo Date to Be Recognized Over Weighted Average Remaining Service Period of 2.6 Yrs.
Revenue is expected to be $423.23 Million
Adjusted EPS is expected to be -$0.72

Next Quarter Revenue Guidance is expected to be $477.46 Million
Next Quarter EPS Guidance is expected to be -$0.34

More details on our Analysts Page.