Robinhood Markets annual free cash flow
2019
2020
2021
2022
2023
2024
2025
Robinhood Markets Free Cash Flow (FCF) History (HOOD)
Robinhood Markets reported $1.58B in free cash flow for fiscal 2025, an increase of $1.79B from the previous fiscal year, with a free cash flow margin of 35.41%.
View full Robinhood Markets company overviewRobinhood Markets free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.58B | $1.79B | — | +35.41% |
| 2024 | 2024-12-31 | −$207.0M | −$1.37B | — | −7.01% |
| 2023 | 2023-12-31 | $1.16B | $2.04B | — | +62.20% |
| 2022 | 2022-12-31 | −$880.0M | $68.0M | — | −64.80% |
| 2021 | 2021-12-31 | −$948.0M | −$2.80B | — | −52.23% |
| 2020 | 2020-12-31 | $1.85B | $599.2M | +47.83% | +193.32% |
| 2019 | 2019-12-31 | $1.25B | — | — | +451.42% |
Robinhood Markets quarterly free cash flow
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $696.0M | −$2.79B | −80.06% | +53.21% |
| Q1 2026 | 2026-03-31 | $2.02B | $1.39B | +220.13% | +189.32% |
| Q4 2025 | 2025-12-31 | −$950.0M | $465.0M | — | −74.05% |
| Q3 2025 | 2025-09-30 | −$1.59B | −$3.38B | — | −124.65% |
| Q2 2025 | 2025-06-30 | $3.49B | $3.44B | +7327.66% | +352.98% |
| Q1 2025 | 2025-03-31 | $631.0M | $1.26B | — | +68.07% |
| Q4 2024 | 2024-12-31 | −$1.42B | −$2.35B | — | −139.55% |
| Q3 2024 | 2024-09-30 | $1.79B | $2.77B | — | +281.48% |
| Q2 2024 | 2024-06-30 | $47.0M | −$323.0M | −87.30% | +6.89% |
| Q1 2024 | 2024-03-31 | −$632.0M | −$1.46B | — | −102.27% |
| Q4 2023 | 2023-12-31 | $940.0M | $762.0M | +428.09% | +199.58% |
| Q3 2023 | 2023-09-30 | −$978.0M | −$765.0M | — | −209.42% |
| Q2 2023 | 2023-06-30 | $370.0M | $1.64B | — | +76.13% |
| Q1 2023 | 2023-03-31 | $828.0M | $404.0M | +95.28% | +187.76% |
| Q4 2022 | 2022-12-31 | $178.0M | $470.0M | — | +46.84% |
| Q3 2022 | 2022-09-30 | −$213.0M | $820.0M | — | −59.00% |
| Q2 2022 | 2022-06-30 | −$1.27B | −$3.54B | — | −399.06% |
| Q1 2022 | 2022-03-31 | $424.0M | $2.31B | — | +141.81% |
| Q4 2021 | 2021-12-31 | −$292.0M | $242.8M | — | −61.24% |
| Q3 2021 | 2021-09-30 | −$1.03B | — | — | −283.01% |
| Q2 2021 | 2021-06-30 | $2.27B | — | — | +502.70% |
| Q1 2021 | 2021-03-31 | −$1.89B | — | — | −362.26% |
| Q3 2020 | 2020-09-30 | −$534.8M | — | — | −198.40% |
Robinhood Markets free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $1.85B to $1.58B, a compound annual decline of 3.08%. Robinhood Markets's latest reported quarter, Q2 2026, generated $696.0M in free cash flow, a decrease of 80.06% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Robinhood Markets filings at SEC.gov ↗