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Side-by-side financial comparison of Robinhood Markets, Inc. (HOOD) and UNITED THERAPEUTICS Corp (UTHR). Click either name above to swap in a different company.

Robinhood Markets, Inc. is the larger business by last-quarter revenue ($927.0M vs $790.2M, roughly 1.2× UNITED THERAPEUTICS Corp). UNITED THERAPEUTICS Corp runs the higher net margin — 46.1% vs 36.2%, a 9.9% gap on every dollar of revenue. On growth, UNITED THERAPEUTICS Corp posted the faster year-over-year revenue change (7.4% vs -27.7%). Over the past eight quarters, Robinhood Markets, Inc.'s revenue compounded faster (16.6% CAGR vs 8.0%).

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.

United Therapeutics Corporation is an American biotechnology company that develops pharmaceuticals and technologies related to organ transplantation, including xenotransplantation. Many of the company's products are focused towards lung disease and organ manufacturing. United Therapeutics is co-headquartered in Silver Spring, Maryland and Research Triangle Park, North Carolina, with additional facilities in Magog and Bromont, Quebec; Melbourne and Jacksonville, Florida; Blacksburg, Virginia; ...

HOOD vs UTHR — Head-to-Head

Bigger by revenue
HOOD
HOOD
1.2× larger
HOOD
$927.0M
$790.2M
UTHR
Growing faster (revenue YoY)
UTHR
UTHR
+35.1% gap
UTHR
7.4%
-27.7%
HOOD
Higher net margin
UTHR
UTHR
9.9% more per $
UTHR
46.1%
36.2%
HOOD
Faster 2-yr revenue CAGR
HOOD
HOOD
Annualised
HOOD
16.6%
8.0%
UTHR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HOOD
HOOD
UTHR
UTHR
Revenue
$927.0M
$790.2M
Net Profit
$336.0M
$364.3M
Gross Margin
86.9%
Operating Margin
45.1%
Net Margin
36.2%
46.1%
Revenue YoY
-27.7%
7.4%
Net Profit YoY
-2.9%
20.9%
EPS (diluted)
$336.00
$7.66

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
UTHR
UTHR
Q1 26
$927.0M
Q4 25
$1.3B
$790.2M
Q3 25
$1.3B
$799.5M
Q2 25
$989.0M
$798.6M
Q1 25
$927.0M
$794.4M
Q4 24
$1.0B
$735.9M
Q3 24
$637.0M
$748.9M
Q2 24
$682.0M
$714.9M
Net Profit
HOOD
HOOD
UTHR
UTHR
Q1 26
$336.0M
Q4 25
$605.0M
$364.3M
Q3 25
$556.0M
$338.7M
Q2 25
$386.0M
$309.5M
Q1 25
$336.0M
$322.2M
Q4 24
$916.0M
$301.3M
Q3 24
$150.0M
$309.1M
Q2 24
$188.0M
$278.1M
Gross Margin
HOOD
HOOD
UTHR
UTHR
Q1 26
Q4 25
86.9%
Q3 25
87.4%
Q2 25
89.0%
Q1 25
88.4%
Q4 24
89.7%
Q3 24
88.9%
Q2 24
89.1%
Operating Margin
HOOD
HOOD
UTHR
UTHR
Q1 26
Q4 25
51.5%
45.1%
Q3 25
49.8%
48.6%
Q2 25
44.7%
45.6%
Q1 25
40.0%
48.2%
Q4 24
55.0%
48.6%
Q3 24
24.0%
45.8%
Q2 24
28.0%
44.7%
Net Margin
HOOD
HOOD
UTHR
UTHR
Q1 26
36.2%
Q4 25
47.2%
46.1%
Q3 25
43.6%
42.4%
Q2 25
39.0%
38.8%
Q1 25
36.2%
40.6%
Q4 24
90.3%
40.9%
Q3 24
23.5%
41.3%
Q2 24
27.6%
38.9%
EPS (diluted)
HOOD
HOOD
UTHR
UTHR
Q1 26
$336.00
Q4 25
$0.65
$7.66
Q3 25
$0.61
$7.16
Q2 25
$0.42
$6.41
Q1 25
$0.37
$6.63
Q4 24
$1.00
$6.23
Q3 24
$0.17
$6.39
Q2 24
$0.21
$5.85

Balance Sheet & Financial Strength

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

Metric
HOOD
HOOD
UTHR
UTHR
Cash + ST InvestmentsLiquidity on hand
$4.3B
$2.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$9.2B
$7.1B
Total Assets
$38.1B
$7.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HOOD
HOOD
UTHR
UTHR
Q1 26
$4.3B
Q4 25
$4.3B
$2.9B
Q3 25
$4.3B
$2.8B
Q2 25
$4.2B
$3.0B
Q1 25
$4.4B
$3.3B
Q4 24
$4.3B
$3.3B
Q3 24
$4.6B
$3.3B
Q2 24
$4.5B
$3.0B
Stockholders' Equity
HOOD
HOOD
UTHR
UTHR
Q1 26
$9.2B
Q4 25
$9.2B
$7.1B
Q3 25
$8.6B
$6.6B
Q2 25
$8.1B
$7.2B
Q1 25
$8.0B
$6.8B
Q4 24
$8.0B
$6.4B
Q3 24
$7.2B
$6.1B
Q2 24
$7.1B
$5.7B
Total Assets
HOOD
HOOD
UTHR
UTHR
Q1 26
$38.1B
Q4 25
$38.1B
$7.9B
Q3 25
$41.5B
$7.4B
Q2 25
$35.3B
$7.9B
Q1 25
$27.5B
$7.7B
Q4 24
$26.2B
$7.4B
Q3 24
$43.2B
$7.1B
Q2 24
$41.3B
$6.7B

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
UTHR
UTHR
Operating Cash FlowLast quarter
$642.0M
$346.2M
Free Cash FlowOCF − Capex
$173.3M
FCF MarginFCF / Revenue
21.9%
Capex IntensityCapex / Revenue
21.9%
Cash ConversionOCF / Net Profit
1.91×
0.95×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HOOD
HOOD
UTHR
UTHR
Q1 26
$642.0M
Q4 25
$-937.0M
$346.2M
Q3 25
$-1.6B
$562.1M
Q2 25
$3.5B
$191.7M
Q1 25
$642.0M
$461.2M
Q4 24
$-1.4B
$341.2M
Q3 24
$1.8B
$377.2M
Q2 24
$54.0M
$232.2M
Free Cash Flow
HOOD
HOOD
UTHR
UTHR
Q1 26
Q4 25
$173.3M
Q3 25
$351.6M
Q2 25
$129.5M
Q1 25
$386.3M
Q4 24
$254.5M
Q3 24
$300.7M
Q2 24
$187.1M
FCF Margin
HOOD
HOOD
UTHR
UTHR
Q1 26
Q4 25
21.9%
Q3 25
44.0%
Q2 25
16.2%
Q1 25
48.6%
Q4 24
34.6%
Q3 24
40.2%
Q2 24
26.2%
Capex Intensity
HOOD
HOOD
UTHR
UTHR
Q1 26
Q4 25
21.9%
Q3 25
26.3%
Q2 25
7.8%
Q1 25
9.4%
Q4 24
11.8%
Q3 24
10.2%
Q2 24
6.3%
Cash Conversion
HOOD
HOOD
UTHR
UTHR
Q1 26
1.91×
Q4 25
-1.55×
0.95×
Q3 25
-2.83×
1.66×
Q2 25
9.09×
0.62×
Q1 25
1.91×
1.43×
Q4 24
-1.53×
1.13×
Q3 24
12.08×
1.22×
Q2 24
0.29×
0.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HOOD
HOOD

Transaction-based revenues$583.0M63%
Other$290.0M31%
Other revenues$54.0M6%

UTHR
UTHR

Tyvaso DPI$338.6M43%
Remodulin$128.0M16%
Nebulized Tyvaso$125.7M16%
Orenitram$121.2M15%
Unituxin$62.3M8%
Adcirca$7.8M1%
Other$6.6M1%

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