Robinhood Markets (HOOD) Releases Q4 2025 Earnings: Revenue Up, EPS Slight Beat but Net Income Falls

Robinhood Markets Inc. (HOOD) reported fourth-quarter 2025 results with total revenue of $1.3 billion, up 26.5% year-over-year.

Total revenue: $1.3 billion (up 26.5% YoY)

Gross profit: $1.2 billion (up 27.2% YoY)

Operating profit: $650 million (up 16.9% YoY)

Net income attributable to common shareholders: $605 million (down 34.0% YoY)

Diluted earnings per share: $0.66 (down 34.7% YoY)

Cash from operating activities: -$937 million (down 33.1% YoY)

Purchases of property, plant and equipment: -$2 million (down 50.0% YoY)

Cash and cash equivalents: $4.7 billion (up 9.1% YoY)

Total liabilities: $29.0 billion (up 59.1% YoY)

Cost of sales: $57 million (up 14.0% YoY)

Compared with analyst expectations, diluted EPS of $0.66 modestly beat the estimate of $0.64 (by about $0.02), while revenue of $1.3 billion missed the estimate of $1.37 billion by roughly $87.1 million.

The quarter shows a mixed picture: profitability at the operating level improved, but net income and cash from operations declined, and liabilities rose sharply year-over-year, while cash reserves grew to $4.7 billion.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Robinhood Markets Inc. Insider Trading Activity

Robinhood Markets Inc. insiders have traded $HOOD stock on the open market 136 times in the past 6 months. Of those trades, 0 have been purchases and 136 have been sales.

Here’s a breakdown of recent trading of $HOOD stock by insiders over the last 6 months:

VLADIMIR TENEV (Chief Executive Officer) has made 0 purchases and 17 sales selling 4,650,932 shares for an estimated $554,382,966.
BAIJU BHATT has made 0 purchases and 19 sales selling 3,003,352 shares for an estimated $371,032,254.
MEYER MALKA has made 0 purchases and 3 sales selling 1,173,808 shares for an estimated $121,937,352.
JASON WARNICK (Chief Financial Officer) has made 0 purchases and 5 sales selling 400,000 shares for an estimated $50,935,035.
DANIEL MARTIN JR GALLAGHER (Chief Legal Officer) has made 0 purchases and 35 sales selling 265,000 shares for an estimated $34,147,680.
STEVEN M. QUIRK (Chief Brokerage Officer) has made 0 purchases and 19 sales selling 158,405 shares for an estimated $19,414,717.
JEFFREY TSVI PINNER (Chief Technology Officer) has made 0 purchases and 34 sales selling 46,914 shares for an estimated $5,876,631.
JONATHAN RUBINSTEIN has made 0 purchases and 4 sales selling 42,430 shares for an estimated $5,611,794.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Robinhood Markets Inc. Hedge Fund Activity

We have seen 771 institutional investors add shares of Robinhood Markets Inc. stock to their portfolio, and 587 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

STATE STREET CORP added 16,375,734 shares (+103.2%) to their portfolio in Q3 2025, for an estimated $2,344,677,594
BLACKROCK, INC. added 16,213,055 shares (+37.5%) to their portfolio in Q3 2025, for an estimated $2,321,385,214
RENAISSANCE TECHNOLOGIES LLC removed 9,513,384 shares (-82.6%) from their portfolio in Q3 2025, for an estimated $1,362,126,321
FMR LLC removed 7,579,476 shares (-19.5%) from their portfolio in Q3 2025, for an estimated $1,085,229,373
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 3,560,513 shares (+78.8%) to their portfolio in Q3 2025, for an estimated $509,794,251
WCM INVESTMENT MANAGEMENT, LLC removed 3,484,268 shares (-40.3%) from their portfolio in Q4 2025, for an estimated $394,070,710
ARK INVESTMENT MANAGEMENT LLC removed 2,768,820 shares (-35.6%) from their portfolio in Q3 2025, for an estimated $396,439,647

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Robinhood Markets Inc. Congressional Stock Trading

Members of Congress have traded $HOOD stock 7 times in the past 6 months. Of those trades, 5 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $HOOD stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 3 times. They made 2 purchases worth up to $30,000 on 11/18, 10/17 and 1 sale worth up to $15,000 on 12/24.
REPRESENTATIVE JONATHAN L. JACKSON has traded it 4 times. They made 3 purchases worth up to $115,000 on 11/06, 10/08, 09/05 and 1 sale worth up to $50,000 on 12/22.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

Robinhood Markets Inc. Analyst Ratings

Wall Street analysts have issued reports on $HOOD in the last several months. We have seen 10 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Needham issued a "Buy" rating on 01/28/2026
Barclays issued a "Overweight" rating on 01/08/2026
Truist Securities issued a "Buy" rating on 12/17/2025
B of A Securities issued a "Buy" rating on 12/10/2025
Citizens issued a "Market Outperform" rating on 11/07/2025
Mizuho issued a "Outperform" rating on 11/06/2025
CICC issued a "Outperform" rating on 10/27/2025

To track analyst ratings and price targets for Robinhood Markets Inc., check out Quiver Quantitative's $HOOD forecast page.

Robinhood Markets Inc. Price Targets

Multiple analysts have issued price targets for $HOOD recently. We have seen 17 analysts offer price targets for $HOOD in the last 6 months, with a median target of $147.0.

Here are some recent targets:

Alex Markgraff from Keybanc set a target price of $130.0 on 02/09/2026
Ramsey El-Assal from Cantor Fitzgerald set a target price of $130.0 on 02/09/2026
David Smith from Truist Securities set a target price of $130.0 on 02/06/2026
John Todaro from Needham set a target price of $135.0 on 01/28/2026
An analyst from Argus Research set a target price of $145.0 on 01/09/2026
Benjamin Budish from Barclays set a target price of $159.0 on 01/08/2026
Michael Cyprys from Morgan Stanley set a target price of $147.0 on 12/22/2025