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Robinhood Markets (Robinhood Markets) Retained Earnings : $-5,446 Mil (As of Dec. 2023)


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What is Robinhood Markets Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Robinhood Markets's retained earnings for the quarter that ended in Dec. 2023 was $-5,446 Mil.

Robinhood Markets's quarterly retained earnings declined from Jun. 2023 ($-5,391 Mil) to Sep. 2023 ($-5,476 Mil) but then increased from Sep. 2023 ($-5,476 Mil) to Dec. 2023 ($-5,446 Mil).

Robinhood Markets's annual retained earnings declined from Dec. 2021 ($-3,877 Mil) to Dec. 2022 ($-4,905 Mil) and declined from Dec. 2022 ($-4,905 Mil) to Dec. 2023 ($-5,446 Mil).


Robinhood Markets Retained Earnings Historical Data

The historical data trend for Robinhood Markets's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Robinhood Markets Retained Earnings Chart

Robinhood Markets Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
-196.68 -190.10 -3,877.00 -4,905.00 -5,446.00

Robinhood Markets Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4,905.00 -5,416.00 -5,391.00 -5,476.00 -5,446.00

Robinhood Markets Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Robinhood Markets  (NAS:HOOD) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Robinhood Markets (Robinhood Markets) Business Description

Traded in Other Exchanges
Address
85 Willow Road, Menlo Park, CA, USA, 94025
Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.
Executives
Baiju Bhatt director, 10 percent owner, officer: Chief Creative Officer C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Vladimir Tenev director, 10 percent owner, officer: Chief Executive Officer C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Jason Warnick officer: Chief Financial Officer C/O ROBINHOOD MARKETS INC, MENLO PARK CA 94025
Gallagher Daniel Martin Jr officer: Chief Legal Officer C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Index Ventures Vi Parallel Entrepreneur Fund (jersey) Lp director, 10 percent owner NO. 1 SEATON PLACE, ST. HELIER, CHANNEL ISLANDS Y9 JE48YJ
Steven M. Quirk officer: Chief Brokerage Officer C/O ROBINHOOD MARKETS INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Scott D Sandell director, 10 percent owner
Florence Anthony A. Jr. director, 10 percent owner 5425 WISCONSIN AVENUE, SUITE 800, CHEVY CHASE MD 20815
Mohamad Makhzoumi director, 10 percent owner 2855 SAND HILL ROAD, MENLO PARK CA 94025
Meyer Malka director 364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Forest Baskett director, 10 percent owner
Frances X Frei director ADVANCE AUTO PARTS, INC., 5008 AIRPORT RD, ROANOKE VA 24012
Gretchen Howard officer: Chief Operating Officer 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Oluwadara Johnson Treseder director C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Aparna Chennapragada officer: Chief Product Officer C/O EBAY, INC., 2025 HAMILTON AVE., SAN JOSE CA 95125