v3.25.4
NET INCOME (LOSS) PER SHARE - Schedule of Basic and Diluted Loss Per Share (Details) - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Numerator      
Net income (loss) $ 1,883 $ 1,411 $ (541)
Net income (loss) attributable to non-controlling interest 0 0 0
Net income (loss) attributable to Robinhood common stockholders $ 1,883 $ 1,411 $ (541)
Denominator      
Weighted-average common stock outstanding - basic (in shares) 888,504,958 881,113,156 890,857,659
Basic EPS (in dollars per share) $ 2.12 $ 1.60 $ (0.61)
Numerator      
Net income (loss) $ 1,883 $ 1,411 $ (541)
Net income (loss) attributable to non-controlling interest 0 0 0
Net income (loss) attributable to Robinhood common stockholders 1,883 1,411 (541)
Net income (loss) attributable to Robinhood common stockholders for diluted EPS $ 1,883 $ 1,411 $ (541)
Denominator      
Weighted-average common stock outstanding - basic (in shares) 888,504,958 881,113,156 890,857,659
Weighted-average common shares used to compute diluted loss per share (in shares) 918,781,846 906,171,504 890,857,659
Diluted EPS (in dollars per share) $ 2.05 $ 1.56 $ (0.61)
Class A      
Numerator      
Net income (loss) $ 1,641 $ 1,214 $ (465)
Net income (loss) attributable to non-controlling interest 0 0 0
Net income (loss) attributable to Robinhood common stockholders $ 1,641 $ 1,214 $ (465)
Denominator      
Weighted-average common stock outstanding - basic (in shares) 774,107,256 758,213,055 763,580,698
Basic EPS (in dollars per share) $ 2.12 $ 1.60 $ (0.61)
Numerator      
Net income (loss) $ 1,641 $ 1,214 $ (465)
Net income (loss) attributable to non-controlling interest 0 0 0
Net income (loss) attributable to Robinhood common stockholders 1,641 1,214 (465)
Reallocation of net income (loss) as a result of conversion of Class B to Class A common stock 242 197 0
Reallocation of net income (loss) to Class B common stock 0 0 0
Net income (loss) attributable to Robinhood common stockholders for diluted EPS $ 1,883 $ 1,411 $ (465)
Denominator      
Weighted-average common stock outstanding - basic (in shares) 774,107,256 758,213,055 763,580,698
Dilutive effect of stock options, warrants, and unvested shares (in shares) 30,276,888 25,058,348 0
Conversion of Class B to Class A common stock (in shares) 114,397,702 122,900,101 0
Weighted-average common shares used to compute diluted loss per share (in shares) 918,781,846 906,171,504 763,580,698
Diluted EPS (in dollars per share) $ 2.05 $ 1.56 $ (0.61)
Class B      
Numerator      
Net income (loss) $ 242 $ 197 $ (76)
Net income (loss) attributable to non-controlling interest 0 0 0
Net income (loss) attributable to Robinhood common stockholders $ 242 $ 197 $ (76)
Denominator      
Weighted-average common stock outstanding - basic (in shares) 114,397,702 122,900,101 127,276,961
Basic EPS (in dollars per share) $ 2.12 $ 1.60 $ (0.61)
Numerator      
Net income (loss) $ 242 $ 197 $ (76)
Net income (loss) attributable to non-controlling interest 0 0 0
Net income (loss) attributable to Robinhood common stockholders 242 197 (76)
Reallocation of net income (loss) as a result of conversion of Class B to Class A common stock 0 0 0
Reallocation of net income (loss) to Class B common stock (8) (5) 0
Net income (loss) attributable to Robinhood common stockholders for diluted EPS $ 234 $ 192 $ (76)
Denominator      
Weighted-average common stock outstanding - basic (in shares) 114,397,702 122,900,101 127,276,961
Dilutive effect of stock options, warrants, and unvested shares (in shares) 0 0 0
Conversion of Class B to Class A common stock (in shares) 0 0 0
Weighted-average common shares used to compute diluted loss per share (in shares) 114,397,702 122,900,101 127,276,961
Diluted EPS (in dollars per share) $ 2.05 $ 1.56 $ (0.61)