vs

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

VEON Ltd. is the larger business by last-quarter revenue ($1.1B vs $927.0M, roughly 1.2× Robinhood Markets, Inc.). VEON Ltd. runs the higher net margin — 55.9% vs 36.2%, a 19.7% gap on every dollar of revenue. On growth, VEON Ltd. posted the faster year-over-year revenue change (5.8% vs -27.7%).

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.

VEON Ltd., also known as VEON Group, is a multinational telecommunication and digital services company. Headquartered in Dubai, the company is publicly traded on the U.S.-based NASDAQ stock exchange. VEON operates in six markets in Europe and Asia, including Bangladesh, Kazakhstan, Kyrgyzstan, Pakistan, Ukraine and Uzbekistan. Specific brands include Banglalink in Bangladesh, Jazz in Pakistan, Kyivstar in Ukraine, and units operating in Kazakhstan, Kyrgyzstan, and Uzbekistan under the Beeline...

HOOD vs VEON — Head-to-Head

Bigger by revenue
VEON
VEON
1.2× larger
VEON
$1.1B
$927.0M
HOOD
Growing faster (revenue YoY)
VEON
VEON
+33.6% gap
VEON
5.8%
-27.7%
HOOD
Higher net margin
VEON
VEON
19.7% more per $
VEON
55.9%
36.2%
HOOD

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
HOOD
HOOD
VEON
VEON
Revenue
$927.0M
$1.1B
Net Profit
$336.0M
$608.0M
Gross Margin
Operating Margin
75.4%
Net Margin
36.2%
55.9%
Revenue YoY
-27.7%
5.8%
Net Profit YoY
-2.9%
583.1%
EPS (diluted)
$336.00
$0.34

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
VEON
VEON
Q1 26
$927.0M
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$989.0M
$1.1B
Q1 25
$927.0M
Q4 24
$1.0B
Q3 24
$637.0M
Q2 24
$682.0M
$1.0B
Net Profit
HOOD
HOOD
VEON
VEON
Q1 26
$336.0M
Q4 25
$605.0M
Q3 25
$556.0M
Q2 25
$386.0M
$608.0M
Q1 25
$336.0M
Q4 24
$916.0M
Q3 24
$150.0M
Q2 24
$188.0M
$89.0M
Operating Margin
HOOD
HOOD
VEON
VEON
Q1 26
Q4 25
51.5%
Q3 25
49.8%
Q2 25
44.7%
75.4%
Q1 25
40.0%
Q4 24
55.0%
Q3 24
24.0%
Q2 24
28.0%
27.1%
Net Margin
HOOD
HOOD
VEON
VEON
Q1 26
36.2%
Q4 25
47.2%
Q3 25
43.6%
Q2 25
39.0%
55.9%
Q1 25
36.2%
Q4 24
90.3%
Q3 24
23.5%
Q2 24
27.6%
8.7%
EPS (diluted)
HOOD
HOOD
VEON
VEON
Q1 26
$336.00
Q4 25
$0.65
Q3 25
$0.61
Q2 25
$0.42
$0.34
Q1 25
$0.37
Q4 24
$1.00
Q3 24
$0.17
Q2 24
$0.21
$0.04

Balance Sheet & Financial Strength

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

Metric
HOOD
HOOD
VEON
VEON
Cash + ST InvestmentsLiquidity on hand
$4.3B
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$9.2B
$1.5B
Total Assets
$38.1B
$8.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HOOD
HOOD
VEON
VEON
Q1 26
$4.3B
Q4 25
$4.3B
Q3 25
$4.3B
Q2 25
$4.2B
$1.3B
Q1 25
$4.4B
Q4 24
$4.3B
Q3 24
$4.6B
Q2 24
$4.5B
$862.0M
Stockholders' Equity
HOOD
HOOD
VEON
VEON
Q1 26
$9.2B
Q4 25
$9.2B
Q3 25
$8.6B
Q2 25
$8.1B
$1.5B
Q1 25
$8.0B
Q4 24
$8.0B
Q3 24
$7.2B
Q2 24
$7.1B
$1.1B
Total Assets
HOOD
HOOD
VEON
VEON
Q1 26
$38.1B
Q4 25
$38.1B
Q3 25
$41.5B
Q2 25
$35.3B
$8.5B
Q1 25
$27.5B
Q4 24
$26.2B
Q3 24
$43.2B
Q2 24
$41.3B
$7.3B

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
VEON
VEON
Operating Cash FlowLast quarter
$642.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.91×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HOOD
HOOD
VEON
VEON
Q1 26
$642.0M
Q4 25
$-937.0M
Q3 25
$-1.6B
Q2 25
$3.5B
Q1 25
$642.0M
Q4 24
$-1.4B
Q3 24
$1.8B
Q2 24
$54.0M
Cash Conversion
HOOD
HOOD
VEON
VEON
Q1 26
1.91×
Q4 25
-1.55×
Q3 25
-2.83×
Q2 25
9.09×
Q1 25
1.91×
Q4 24
-1.53×
Q3 24
12.08×
Q2 24
0.29×

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%

VEON
VEON

Segment breakdown not available.

Related Comparisons