Robinhood(HOOD)
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Robinhood(HOOD) - 2022 Q1 - Quarterly Report
2022-05-05 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ FORM 10-Q ______________________ (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☒ 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 001-40691 ______________________ Robinhood Markets, Inc. (Exact nam ...
Robinhood(HOOD) - 2022 Q1 - Earnings Call Presentation
2022-05-02 02:17
Robinhood Markets, Inc. Earnings Presentation First Quarter 2022 investors.robinhood.com 1 Disclaimers This Presentation Relates to Robinhood's Broader Earnings Announcement Disclosures This presentation accompanies the first quarter of 2022 earnings announcement webcast of Robinhood Markets, Inc. (including its consolidated subsidiaries, "we," "Robinhood," or the "Company") and should be read together with Robinhood's earnings announcement press release. Hyperlinks to our first quarter of 2022 webcast and ...
Robinhood(HOOD) - 2022 Q1 - Earnings Call Transcript
2022-04-29 04:28
Robinhood Markets, Inc. (NASDAQ:HOOD) Q1 2022 Earnings Conference Call April 28, 2022 5:00 PM ET Company Participants Irvin Sha – Head-Investor Relations and Capital Markets Vlad Tenev – Chief Executive Officer and Co-Founder Jason Warnick – Chief Financial Officer Conference Call Participants Devin Ryan – JMP Securities Ken Worthington – JPMorgan Rich Repetto – Piper Sandler Will Nance – Goldman Sachs Eli Molin – Bank of America Michael Anagnostakis – Wolfe Research Trevor Young – Barclays Josh Beck – KeyB ...
Robinhood(HOOD) - 2021 Q4 - Annual Report
2022-02-23 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ FORM 10-K ______________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 001-40691 ______________________ Robinhood Markets, Inc. (Exact name of ...
Robinhood(HOOD) - 2021 Q4 - Earnings Call Transcript
2022-01-28 00:50
Robinhood Markets, Inc. (NASDAQ:HOOD) Q4 2021 Earnings Conference Call January 27, 2022 5:00 PM ET Company Participants Irvin Sha – Head of Investor Relations and Capital Markets Vlad Tenev – Chief Executive Officer and Co-Founder Jason Warnick – Chief Financial Officer Conference Call Participants Ross Sandler – Barclays Ken Worthington – JPMorgan Devin Ryan – JMP Securities Craig Siegenthaler – Bank of America Will Nance – Goldman Sachs Rich Repetto – Piper Sandler Steven Chubak – Wolfe Research Operator ...
Robinhood(HOOD) - 2021 Q4 - Earnings Call Presentation
2022-01-27 22:26
Robinhood Markets, Inc. Earnings Presentation Fourth Quarter 2021 investors.robinhood.com 1 Disclaimers This Presentation Relates to Robinhood's Broader Earnings Announcement Disclosures This presentation accompanies the fourth quarter and full year 2021 earnings announcement webcast of Robinhood Markets, Inc. (including its consolidated subsidiaries, "we," "Robinhood," or the "Company") and should be read together with Robinhood's earnings announcement press release. Hyperlinks to our fourth quarter and fu ...
Robinhood(HOOD) - 2021 Q3 - Quarterly Report
2021-10-28 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ FORM 10-Q ______________________ (Mark One) Commission File Number: 001-40691 ______________________ Robinhood Markets, Inc. (Exact name of registrant as specified in its charter) ______________________ Delaware 46-4364776 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) 85 Willow Rd ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...
Robinhood(HOOD) - 2021 Q3 - Earnings Call Transcript
2021-10-27 02:47
Robinhood Markets, Inc. (NASDAQ:HOOD) Q3 2021 Earnings Conference Call October 26, 2021 5:00 PM ET Company Participants Irvin Sha - Head of Capital Markets & Investor Relations Vlad Tenev - Chief Executive Officer & Co-Founder Jason Warnick - Chief Financial Officer Conference Call Participants Devin Ryan - JMP Securities Will Nance - Goldman Sachs Ken Worthington - JPMorgan Rich Repetto - Piper Sandler Josh Beck - KeyBanc Steven Chubak - Wolfe Research Christian Bolu - Autonomous Brian Bedell - Deutsche B ...
Robinhood(HOOD) - 2021 Q3 - Earnings Call Presentation
2021-10-27 02:27
Robinhood Markets, Inc. Earnings Presentation Third Quarter 2021 investors.robinhood.com 1 Disclaimers This Presentation Relates to Robinhood's Broader Earnings Announcement Disclosures This presentation accompanies Robinhood's third quarter 2021 earnings announcement webcast and should be read together with Robinhood's earnings announcement press release. Hyperlinks to our third quarter 2021 webcast and press release can be found together with these slides on Robinhood's investor relations website at inves ...
Robinhood(HOOD) - 2021 Q2 - Earnings Call Transcript
2021-08-19 02:38
Financial Data and Key Metrics Changes - In Q2 2021, Robinhood reported net cumulative funded accounts of 22.5 million, a 130% increase year-over-year [20] - Monthly active users reached 21.3 million, growing 109% year-over-year [20] - Assets under custody (AUC) reached $102 billion, up 205% year-over-year [20] - Total net revenues were $565 million, up 131% year-over-year [21] - Transaction-based revenues were $451 million, up 141% year-over-year [21] - Net loss for Q2 was $502 million compared to net income of $58 million in the prior year [30] Business Line Data and Key Metrics Changes - Crypto revenues surged to $233 million in Q2, up from $5 million last year [21] - Options revenues increased to $165 million, up 48% year-over-year [21] - Equities revenues decreased to $52 million, down 26% year-over-year [21] - DARTs for crypto set a record with 63% of funded accounts trading crypto, up from 11% in the same quarter last year [22] Market Data and Key Metrics Changes - 62% of crypto trading volume was in Dogecoin in Q2, compared to 34% in Q1 [22] - Payment for order flow for equities and options as a percentage of revenue declined to 38% from 64% in the prior quarter [23] Company Strategy and Development Direction - The company aims to become the most trusted and culturally relevant money app worldwide, focusing on expanding access for customers [8][13] - New products like IPO Access and Cash Management are designed to enhance customer engagement and participation [14][15] - The company is investing heavily in customer support and educational content to retain customers [11][12] Management's Comments on Operating Environment and Future Outlook - Management expects seasonal headwinds and lower trading activity in Q3, resulting in lower revenues and fewer new funded accounts compared to Q2 [31] - The company is optimistic about its long-term product roadmap and opportunities in the market [31] Other Important Information - The company plans to introduce new account types, including tax-advantaged accounts like IRAs and Roth IRAs [39] - A one-time cumulative charge of $1 billion in stock-based compensation for RSUs will be recorded in Q3 [29] Q&A Session Summary Question: Will HOOD payout a dividend in the future? - Management stated that the best use of capital is to deploy it in the business, with no plans to issue dividends at this time [34] Question: Is Robinhood getting a crypto wallet? - Management acknowledged the demand for crypto wallets and is working on it, emphasizing the importance of security [35][36] Question: What are Robinhood's plans for IRA 401(k) and HSA accounts? - Management indicated that multiple account types are on the radar, including tax-advantaged accounts [38][39] Question: Are there any plans to launch Robinhood in other countries? - Management expressed interest in global expansion but did not provide specific timelines [41][42] Question: How does Robinhood ensure HOOD's price is not manipulated? - Management monitors trading activity and shares information with regulators when necessary [45] Question: What are the plans if payment for order flow is regulated? - Management believes payment for order flow is unlikely to be banned and is prepared to explore internalization of order flow as an alternative [46][66] Question: What are the plans to maximize shareholder value over the next year? - Management emphasized long-term growth through new products and features, particularly in the cash management space [48][49] Question: What are the future steps to make Robinhood a better app? - Management highlighted ongoing product development and customer feedback as key to improving the app [54] Question: What is the strategy to address graduation risk? - Management noted that about 50% of customers are new to investing and plans to grow with them through product development [71][74]