Robinhood (HOOD) Q1 Revenue Tops Consensus

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Robinhood Reports First Quarter 2024 Results

May 8, 2024 4:05 PM EDT

Record Revenues of $618 million, up 40% year-over-year and Record GAAP Diluted EPS of $0.18

Record Net Deposits of $11.2B, including net positive transfers from every major incumbent brokerage firm

Gold Subscribers reached a new high of 1.7 million, up 42% year-over-year

MENLO PARK, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (Robinhood) (NASDAQ: HOOD) today announced financial results for the first quarter of 2024, which ended March 31, 2024.

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