Analysis of Robinhood's Q3'22 Earnings

November 4, 2022, 9:18PM EDT

• 4 min read

Quick Take

On November 2, 2022, Robinhood reported Q3’22 earnings
Launched Robinhood Wallet, their self-custody Web 3 wallet to the first 10,000 customers off their May-22 waitlist
Outlined the future of their platform and digital asset strategy on November 2 earnings discussion
Robinhood closed November 4 at $12.28 / share, a (0.41%) decline in 1-day trading and (67%) LTM decline
Reported 12.2mm monthly active users (MAU) and 22.9mm net cumulative funded accounts
$65bn assets under custody (AUC) as of September 30, 2022
Generated $361mm revenue and $47mm Adj. EBITDA, with Adj. EBITDA margin approaching pre-crisis levels

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Source: https://www.theblockresearch.com/analysis-of-robinhoods-q322-earnings-182439?utm_source=rss&utm_medium=rss