Robinhood Markets Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $561.0M | $350.0M | $605.0M | $556.0M | $386.0M | $336.0M | $916.0M | $150.0M |
| Depreciation & Amortization | $23.0M | $23.0M | $23.0M | $22.0M | $21.0M | $20.0M | $22.0M | $20.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $7.0M | $7.0M | $8.0M | $6.0M | $5.0M | $4.0M | — | — |
| Stock-Based Compensation | $105.0M | $92.0M | $76.0M | $78.0M | $78.0M | $73.0M | $77.0M | $79.0M |
| Net Cash from Operating Activities | $720.0M | $2.04B | $-937.0M | $-1.58B | $3.51B | $642.0M | $-1.40B | $1.81B |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | $178.0M | $71.0M | — | — | $249.0M | $150.0M | $0 | $0 |
| Net Cash from Investing Activities | $-770.0M | $-284.0M | $-558.0M | $-142.0M | $832.0M | $9.0M | $34.0M | $-123.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $414.0M | $250.0M | $100.0M | $107.0M | $124.0M | $322.0M | $160.0M | $97.0M |
| Net Cash from Financing Activities | $1.91B | $180.0M | $118.0M | $-5.0M | $-286.0M | $-417.0M | $-178.0M | $-95.0M |
| Net Change in Cash | $1.85B | $1.93B | $-1.38B | $-1.72B | $4.06B | $235.0M | $-1.55B | $1.60B |
| Free Cash Flow | — | — | — | — | — | — | — | — |