Transaction-Based Revenues was the largest of Robinhood Markets, Inc.’s 7 reported lines in fiscal 2025, at $2.63B — 58% of $4.49B.
| Product and Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Transaction-Based Revenues | $814.00M | $785.00M | $1.65B | $2.63B | |||
| Cryptocurrencies | $202.00M | $135.00M | $626.00M | $901.00M | |||
| Options | — | $505.00M | — | — | |||
| Equities | $117.00M | $104.00M | $177.00M | $302.00M | |||
| Total Other Revenues | $120.00M | $151.00M | $195.00M | $331.00M | |||
| Other Revenues | — | — | — | — | |||
| Gold Subscription Revenues | $68.00M | $75.00M | $109.00M | $179.00M | |||
| Other | $8.00M | $15.00M | $26.00M | $89.00M | |||
| Proxy Revenues | $44.00M | $61.00M | $60.00M | $63.00M | |||
| Total | $1.37B | $1.83B | $2.84B | $4.49B |
In fiscal 2025, which ended December 31, 2025, the 7 revenue lines Robinhood Markets, Inc. reported in this breakdown added up to $4.49B. That was up 58.2% from $2.84B in fiscal 2024. Transaction-Based Revenues was the largest revenue line, at $2.63B or 58.5% of the total, followed by Cryptocurrencies ($901.00M, 20.1%) and Total Other Revenues ($331.00M, 7.4%). Together, the two largest revenue lines made up 78.5% of this total.
Compared with fiscal 2024, Equities grew the fastest, rising 70.6% to $302.00M. Every sizeable revenue line reported in both years grew. Over fiscal 2022 to 2025, revenue across these revenue lines went from $1.37B to $4.49B, a compound annual growth rate of 48.5%. Transaction-Based Revenues' share of the total fell from 59.3% to 58.5% over the same years.
The table also keeps 2 revenue lines that Robinhood Markets, Inc. no longer reports, so earlier years can still be read on their original basis; use "Show 2 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2019 to 2025, as reported in Robinhood Markets, Inc.'s annual filings.
Robinhood Markets, Inc. (HOOD) breaks its revenue down by revenue line. In fiscal 2025, its largest revenue line was Transaction-Based Revenues, with $2.63B or 58.5% of the total, followed by Cryptocurrencies at $901.00M (20.1%).
Transaction-Based Revenues was Robinhood Markets, Inc.'s largest revenue line in fiscal 2025, with $2.63B in revenue, 58.5% of the $4.49B reported across its 7 revenue lines.
Of the Robinhood Markets, Inc. revenue lines reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Equities grew the fastest, rising 70.6% from $177.00M to $302.00M.
Every figure is taken from Robinhood Markets, Inc.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by revenue line covers fiscal 2019 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.