About

Robinhood Markets, Inc., commonly known as Robinhood, is an American financial services company headquartered in Menlo Park, California, U.S. Founded on April 18, 2013, this public company operates an electronic trading platform facilitating trades of stocks, exchange-traded funds, options, index options, futures contracts, outcomes on prediction markets, and cryptocurrency. Its comprehensive product portfolio also includes cryptocurrency wallets, wealth management, credit cards, and other banking services, some in partnership with FDIC-insured banks, alongside a news website, Sherwood.News. Robinhood reported US$ 2.95 billion in revenue for 2024. Its revenue streams are diversified, primarily from net interest income (36% of Q2 2025 revenues) derived from margin lending, interest on corporate and customer cash balances, securities lending, and credit cards, as well as payment for order flow and commissions on options (27%), cryptocurrency (16%), equities (7%), and other products like futures and event contracts (5%), with additional income from subscription fees and advertising on Sherwood.News (9%). The company boasts a significant market presence with 27.4 million funded customers and $279 billion in assets under custody, facilitating approximately 2 billion option contracts annually. Its platform is accessible in the U.S., the U.K., and, for cryptocurrency and tokenized stocks and ETFs only, in the European Union.