Robinhood Markets, Inc.

HOODNASDAQFinancial Services● Active

$84.72

+$2.25(+2.73%)

Market Cap$76.3B

P/E Ratio—

52W High$153.86

52W Low$63.515

Avg Volume29.2M

Open$84.60

Beta2.35

Free Cash Flow Financials Revenue

Robinhood Markets, Inc. (HOOD) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

HOOD · free cash flow · updated Jun 8, 2026

Core FCF metrics

HOOD · FCF · TTM · margin & CAGR

Free cash flow was $1.62B for FY2025 (fiscal year ending 2025-12-31), up 1054.7% year-over-year The FCF margin was 36.3%. Five-year CAGR stands at -2.5%.

FY2025 Free Cash Flow$1.62B▲ +1054.7% YoY

Trailing 12M (TTM)$2.16Btrailing 4 quarters sum

FCF Margin36.3%$1.62B ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR-2.5%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

HOOD · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.64B(15M)$1.62B▲ +1054.7%36.3%

FY2024−$157.0M(13M)−$170.0M▼ 114.7%-5.8%

FY2023$1.18B(21M)$1.16B▲ +227.6%62.2%

FY2022−$852.0M(57M)−$909.0M▲ +6.1%-66.9%

FY2021−$884.8M(84M)−$968.4M▼ 152.5%-53.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

HOOD · P/FCF · FCF yield · FCF per share

Robinhood Markets, Inc. (HOOD) trades at a FCF yield of 2.91% and a price-to-free-cash-flow ratio of 34.9x. FCF per share stands at $2.43, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

2.91%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.43

TTM FCF ÷ Shares Outstanding

Price / FCF

x34.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x38.3

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

HOOD · cash flow statement · operating / investing / financing

For FY2025, Robinhood Markets, Inc. generated $1.64B in operating cash flow and spent 15M in capital expenditures, yielding $1.62B in free cash flow.

Operating Activities

+$1.64B

Cash from core business operations

2025-12-31

Investing Activities

+$141.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$590.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.64B) − |CapEx| (15M) = FCF ($1.62B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

HOOD vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Robinhood Markets, Inc.YOU

HOOD

$1.62B+1054.7%36.3%

Berkshire Hathaway Inc.

BRK-A

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Robinhood Markets, Inc. (HOOD) reported free cash flow of $1.62B for FY2025 (fiscal year ending 2025-12-31), up 1054.7% year-over-year. The FCF margin was 36.3%.

Based on available data, Robinhood Markets, Inc. has maintained positive free cash flow for at least 4 fiscal year(s). FCF peaked at $1.84B in FY2020. The 5-year CAGR stands at -2.5%.

Robinhood Markets, Inc.'s FCF yield is 2.91% and price-to-FCF ratio is 34.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

HOOD free cash flow · 8 questions

Robinhood Markets, Inc. free cash flow was $1.62B for FY2025, up 1054.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $2.16B.

HOOD free cash flowHOOD FCFHOOD FCF 2025HOOD free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Robinhood Markets, Inc. · Robinhood Markets, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026