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Side-by-side financial comparison of Robinhood Markets, Inc. (HOOD) and Royalty Pharma plc (RPRX). Click either name above to swap in a different company.

Robinhood Markets, Inc. is the larger business by last-quarter revenue ($1.1B vs $622.0M, roughly 1.7× Royalty Pharma plc). Royalty Pharma plc runs the higher net margin — 34.4% vs 32.4%, a 2.0% gap on every dollar of revenue. On growth, Robinhood Markets, Inc. posted the faster year-over-year revenue change (15.1% vs 4.8%). Over the past eight quarters, Robinhood Markets, Inc.'s revenue compounded faster (25.1% CAGR vs 4.6%).

Robinhood Markets, Inc. is an American financial services company based in Menlo Park, California. It provides an electronic trading platform that facilitates trades of stocks, exchange-traded funds, options, index options, futures contracts, event contracts on prediction markets, and cryptocurrency. It also offers cryptocurrency wallets, wealth management, credit cards and other banking services, some in partnership with banks insured by the FDIC, as well as a news website, Sherwood.News.

Acceleron Pharma, Inc. is an American clinical stage biopharmaceutical company based in Cambridge, Massachusetts with a broad focus on developing medicines that regulate the transforming growth factor beta (TGF-β) superfamily of proteins, which play fundamental roles in the growth and repair of cells and tissues such as red blood cells, muscle, bone, and blood vessels.

HOOD vs RPRX — Head-to-Head

Bigger by revenue
HOOD
HOOD
1.7× larger
HOOD
$1.1B
$622.0M
RPRX
Growing faster (revenue YoY)
HOOD
HOOD
+10.3% gap
HOOD
15.1%
4.8%
RPRX
Higher net margin
RPRX
RPRX
2.0% more per $
RPRX
34.4%
32.4%
HOOD
Faster 2-yr revenue CAGR
HOOD
HOOD
Annualised
HOOD
25.1%
4.6%
RPRX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HOOD
HOOD
RPRX
RPRX
Revenue
$1.1B
$622.0M
Net Profit
$346.0M
$214.2M
Gross Margin
Operating Margin
38.5%
62.4%
Net Margin
32.4%
34.4%
Revenue YoY
15.1%
4.8%
Net Profit YoY
3.0%
2.9%
EPS (diluted)
$0.38
$0.49

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HOOD
HOOD
RPRX
RPRX
Q1 26
$1.1B
Q4 25
$1.3B
$622.0M
Q3 25
$1.3B
$609.3M
Q2 25
$989.0M
$578.7M
Q1 25
$927.0M
$568.2M
Q4 24
$1.0B
$593.6M
Q3 24
$637.0M
$564.7M
Q2 24
$682.0M
$537.3M
Net Profit
HOOD
HOOD
RPRX
RPRX
Q1 26
$346.0M
Q4 25
$605.0M
$214.2M
Q3 25
$556.0M
$288.2M
Q2 25
$386.0M
$30.2M
Q1 25
$336.0M
$238.3M
Q4 24
$916.0M
$208.2M
Q3 24
$150.0M
$544.0M
Q2 24
$188.0M
$102.0M
Operating Margin
HOOD
HOOD
RPRX
RPRX
Q1 26
38.5%
Q4 25
51.5%
62.4%
Q3 25
49.8%
70.1%
Q2 25
44.7%
36.3%
Q1 25
40.0%
94.0%
Q4 24
55.0%
60.9%
Q3 24
24.0%
Q2 24
28.0%
50.2%
Net Margin
HOOD
HOOD
RPRX
RPRX
Q1 26
32.4%
Q4 25
47.2%
34.4%
Q3 25
43.6%
47.3%
Q2 25
39.0%
5.2%
Q1 25
36.2%
41.9%
Q4 24
90.3%
35.1%
Q3 24
23.5%
96.3%
Q2 24
27.6%
19.0%
EPS (diluted)
HOOD
HOOD
RPRX
RPRX
Q1 26
$0.38
Q4 25
$0.65
$0.49
Q3 25
$0.61
$0.67
Q2 25
$0.42
$0.07
Q1 25
$0.37
$0.55
Q4 24
$1.00
$0.46
Q3 24
$0.17
$1.21
Q2 24
$0.21
$0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HOOD
HOOD
RPRX
RPRX
Cash + ST InvestmentsLiquidity on hand
$5.0B
$618.7M
Total DebtLower is stronger
$9.0B
Stockholders' EquityBook value
$9.7B
$9.7B
Total Assets
$45.5B
$19.6B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HOOD
HOOD
RPRX
RPRX
Q1 26
$5.0B
Q4 25
$4.3B
$618.7M
Q3 25
$4.3B
$938.9M
Q2 25
$4.2B
$631.9M
Q1 25
$4.4B
$1.1B
Q4 24
$4.3B
$929.0M
Q3 24
$4.6B
$950.1M
Q2 24
$4.5B
$1.8B
Total Debt
HOOD
HOOD
RPRX
RPRX
Q1 26
Q4 25
$9.0B
Q3 25
$8.9B
Q2 25
$8.0B
Q1 25
$7.6B
Q4 24
$7.6B
Q3 24
$7.6B
Q2 24
$7.6B
Stockholders' Equity
HOOD
HOOD
RPRX
RPRX
Q1 26
$9.7B
Q4 25
$9.2B
$9.7B
Q3 25
$8.6B
$9.6B
Q2 25
$8.1B
$9.5B
Q1 25
$8.0B
$9.8B
Q4 24
$8.0B
$10.3B
Q3 24
$7.2B
$10.3B
Q2 24
$7.1B
$9.8B
Total Assets
HOOD
HOOD
RPRX
RPRX
Q1 26
$45.5B
Q4 25
$38.1B
$19.6B
Q3 25
$41.5B
$19.3B
Q2 25
$35.3B
$18.3B
Q1 25
$27.5B
$17.6B
Q4 24
$26.2B
$18.2B
Q3 24
$43.2B
$18.0B
Q2 24
$41.3B
$17.7B
Debt / Equity
HOOD
HOOD
RPRX
RPRX
Q1 26
Q4 25
0.92×
Q3 25
0.93×
Q2 25
0.84×
Q1 25
0.78×
Q4 24
0.74×
Q3 24
0.74×
Q2 24
0.78×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HOOD
HOOD
RPRX
RPRX
Operating Cash FlowLast quarter
$2.0B
$827.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
5.89×
3.86×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HOOD
HOOD
RPRX
RPRX
Q1 26
$2.0B
Q4 25
$-937.0M
$827.1M
Q3 25
$-1.6B
$702.6M
Q2 25
$3.5B
$364.0M
Q1 25
$642.0M
$596.1M
Q4 24
$-1.4B
$742.5M
Q3 24
$1.8B
$703.6M
Q2 24
$54.0M
$658.2M
Cash Conversion
HOOD
HOOD
RPRX
RPRX
Q1 26
5.89×
Q4 25
-1.55×
3.86×
Q3 25
-2.83×
2.44×
Q2 25
9.09×
12.06×
Q1 25
1.91×
2.50×
Q4 24
-1.53×
3.57×
Q3 24
12.08×
1.29×
Q2 24
0.29×
6.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HOOD
HOOD

Net interest$359.0M34%
Options$260.0M24%
Other transaction$147.0M14%
Cryptocurrencies$134.0M13%
Other revenues$85.0M8%
Equities$82.0M8%

RPRX
RPRX

Financial Royalty Assets$592.4M95%
Royalty Income Other$29.6M5%

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