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Discontinued — last reported Q2 '26

Net debt at other companies

Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5×-5.4×
Zscaler logo
ZscalerZS
19.2×+12.3×
Citigroup logo
CitigroupC
0.1×-0.3×
Morgan Stanley logo
Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

Other financials

Income statement

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Revenue$1.3B+32.3%
Net income$561.0M+45.3%
EPS (diluted)$0.62+47.6%

Balance sheet

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Cash & equivalents$5.4B-58.7%
Total debt$2.2B+1,519%
Total equity$9.5B+18.2%
Total assets$56.6B+60.1%

Cash flow

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Operating cash flow$720.0M-79.5%
CapEx$1.0M-83.3%
Free cash flow$370.0M+129%

Valuation

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Market cap$77.82B-17.7%
P/E37.6×-15.3×
P/S15.8×-10.7×

Profitability

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Net margin42%-8.1pp
FCF margin-100.7%-128pp

Returns & leverage

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Return on equity23.5%0.0pp
Debt / equity0.2×+0.2×
Current ratio1.2×0.0×

Where this comes from

Calculated from Robinhood Markets, Inc.’s reported figures.

The source filing: Robinhood Markets, Inc.’s 8-K, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:05 PM EDT
Accession
0001783879-26-000113

FAQ

What is Robinhood Markets, Inc.'s net debt?
Robinhood Markets, Inc. (HOOD) reported net debt of -$3.19B in Q2 2026.
How has Robinhood Markets, Inc.'s net debt changed year-over-year?
Robinhood Markets, Inc.'s net debt increased by 75.2% year-over-year, from -$12.86B to -$3.19B.
What is the long-term trend for Robinhood Markets, Inc.'s net debt?
Over 5 years (2020 to 2025), Robinhood Markets, Inc.'s net debt has grown at a 9.5% compound annual growth rate (CAGR), from -$6.14B to -$9.67B.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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