Robinhood Markets (HOOD) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the current quarter compared to the prior quarter. Revenue also rose compared to the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the current quarter compared to the prior quarter. Revenue also rose compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$682M
Revenue reported for this quarter.
Quarter-over-quarter
+10.4%
Change from the immediately preceding quarter.
Year-over-year
+40.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $467M | +29.4% |
| Dec 31, 2023 | $471M | +23.9% |
| Mar 31, 2024 | $618M | +40.1% |
| Jun 30, 2024 | $682M | +40.3% |
Revenue performance
The reported revenue direction is upward, continuing the growth trend observed in recent quarters.
Quarterly comparison
Revenue was higher than the immediately preceding quarter and also exceeded the level reported for the same quarter one year earlier.
What to watch
The filing context does not provide specific commentary on revenue drivers for this quarter.