Free cash flow
Robinhood Markets, Inc. Free cash flow decreased by 364.3% to -$978.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 359.2%, from -$213.00M to -$978.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $2.27B | -$1.03B | -$292.71M | $424.00M | -$1.27B | -$213.00M | $828.00M | $370.00M | -$978.00M |
| QoQ Change | — | -145.5% | +71.6% | +244.9% | -399.3% | +83.2% | +488.7% | -55.3% | -364.3% |
| YoY Change | — | — | — | — | -155.9% | +79.4% | +95.3% | +129.2% | -359.2% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Robinhood Markets, Inc.'s free cash flow?
- Robinhood Markets, Inc. (HOOD) reported free cash flow of -$978.00M in Q3 2023.
- How has Robinhood Markets, Inc.'s free cash flow changed year-over-year?
- Robinhood Markets, Inc.'s free cash flow decreased by 359.2% year-over-year, from -$213.00M to -$978.00M.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.