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Robinhood (HOOD) Reports Q3 Revenue of $365M; Net Loss of $1.32B or $2.06/sh

October 26, 2021 4:03 PM EDT

Robinhood Markets, Inc. (Robinhood) (NASDAQ: HOOD) today announced financial results for the third quarter ended September 30, 2021.

Total net revenues increased 35% to $365 million, compared with $270 million in the third quarter of 2020.Transaction-based revenues increased 32% to $267 million, compared with $202 million in the third quarter of 2020.Options increased 29% to $164 million, compared with $127 million in the third quarter of... More