The revenue growth measures a company’s revenue year-over-year growth. The formula to calculate revenue growth and an example calculation for Robinhood Markets’s trailing twelve months is outlined below:
Revenue Growth = (Current Year - Prior Year) / ABS(Prior Year Revenue)*
58.2% = ($2.951 B - $1.865 B) / $1.865 B
*ABS = An absolute value adjustment is used to ensure the direction of growth of negative numbers is reflected
The tables below summarizes Robinhood Markets’s performance over the last five years:
| Fiscal Year | Revenue | Growth |
|---|
| 2020-12-31 | 958 M | 245.2% |
| 2021-12-31 | 1.815 B | 89.5% |
| 2022-12-31 | 1.358 B | −25.2% |
| 2023-12-31 | 1.865 B | 37.3% |
| 2024-12-31 | 2.951 B | 58.2% |
The tables below summarizes Robinhood Markets’s performance over the last four quarters:
| Quarter Ending | Revenue | Growth |
|---|
| 2024-03-31 | 618 M | 40.1% |
| 2024-06-30 | 682 M | 40.3% |
| 2024-09-30 | 637 M | 36.4% |
| 2024-12-31 | 1.014 B | 115.3% |
Growth calculations are always made in the company’s reporting currency to ensure currency fluctuations do not impact the calculation. Robinhood Markets’s reports in the USD currency. You can read more about Revenue here.
Click the link below to download a spreadsheet with an example Revenue Growth calculation for Robinhood Markets Inc below: