12 Most Profitable Robinhood Stocks

Published February 16, 2023 at 2:37 pm EST Updated August 19, 2026 at 9:24 am EDT

In this article, we take a look at 12 most profitable Robinhood stocks.

Robinhood is a brokerage firm that helped lower the cost of commissions for buying stocks.

Because Robinhood didn’t charge any commissions for buying stocks on its brokerage, several major brokerages also lowered their commissions as a result for buying stocks.

As a result, many consumers have saved money in terms of commissions due to Robinhood’s business model. Instead of making money on commissions, Robinhood tries to make money on other things such as margin interest.

Previously, Robinhood published an index that featured 100 stocks that are popular with the company’s userbase. According to the company’s Q4 results, the company had 11.4 million monthly active users.

Some stocks held by Robinhood users are lower quality stocks that I would stay away from.

On the other hand, some popular stocks in Robinhood include some dominant blue chip stocks that are pretty profitable. Among the blue chip stocks that are pretty profitable are, in fact, some of America’s most profitable companies by net income in 2022.

In terms of 2023, the profits of many companies will depend on how the U.S. economy and the world economy does.

In terms of how the U.S. economy does, how far the Federal Reserve raises interest rates further could affect U.S. economic growth in 2023. If the Federal Reserve raises interest rates too much, there could be an economic slowdown or even a recession which could lead to earnings decreasing for many companies.

In terms of interest rates, the Federal Reserve’s policy depends on decision makers and also economic data.

In terms of the latest economic data on inflation, the U.S. consumer price index rose 0.5% for the month of January, which translates to an annual rise of 6.4%. The rise in the month was a little higher than economist estimates of an increase of 0.4% on the month and 6.2% on the year.

Given the market could decline if economic data fails to meet expectations, it could be a good idea for long term investors to own a well diversified portfolio of leading stocks across many different sectors.

Photo by Timothy Hales Bennett on Unsplash

Methodology

For our list of 12 Most Profitable Robinhood Stocks, we took the stocks listed on 12 Cheapest Stocks on Robinhood and ranked them based on net income according to YCharts.

We replaced The Boeing Company (NYSE:BA) with Walmart Inc. (NYSE:WMT) since The Boeing Company isn’t profitable in terms of net income in the trailing twelve months according to YCharts. Meanwhile, Walmart Inc. is profitable and the company is fairly widely held among investors.

The YCharts net income data might not include adjusted income and the trailing twelve months could be different for different companies.

12 Most Profitable Robinhood Stocks

12. The Walt Disney Company (NYSE:DIS)

Net Income (TTM) as of December 31, 2022: $3.32 billion

The Walt Disney Company (NYSE:DIS) is an entertainment conglomerate that had net income of $3.32 billion in 2022, ranking it among the most profitable entertainment companies in the world. While inflation has been a headwind for profitability, the company is growing in terms of sales.

For the fourth quarter, The Walt Disney Company’s sales rose 9% year over year and its diluted EPS for the quarter excluding certain items decreased to $0.30 from $0.37 in the prior year quarter. In the fourth quarter, the company also added 14.6 million total subscriptions including 12.1 million Disney+ subscribers.

Alongside Alphabet Inc. (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), and Apple Inc. (NASDAQ:AAPL), The Walt Disney Company is one of the most profitable stocks that’s also popular with Robinhood investors.

11. Starbucks Corporation (NASDAQ:SBUX)

Net Income (TTM) as of December 31, 2022: $3.321 billion

Starbucks Corporation (NASDAQ:SBUX) is a leading coffee chain that is also growing despite high inflation. For the fourth quarter, Starbucks Corporation’s consolidated net revenues rose 3% year over year and comparable store sales increased 7% year over year. Starbucks Corporation continued to expand in China and surpassed 6,000 total stores in Q4. Global store count was 35,711.

For full year fiscal 2022, Starbucks Corporation’s global comparable sales rose 8% year over year. In terms of adjusted EPS, the company had adjusted EPS of $0.81 in Q4 and $2.96 per share for 2022.

10. NIKE, Inc. (NYSE:NKE)

Net Income (TTM) as of November 30, 2022: $5.634 billion

NIKE, Inc. (NYSE:NKE) is one of the most profitable apparel companies in the world given its net income of $5.634 billion for the trailing twelve months ended November 30, 2022. In the most recent quarter, NIKE, Inc.’s sales have been relatively strong. For the quarter ended November 30, 2022 which is the company’s Q2 fiscal 2023, the company’s sales rose 17% year over year to $13.3 billion. NIKE, Inc. CEO John Donaho said, “NIKE’s results this quarter are a testament to our deep connection with consumers. Our growth was broad-based and was driven by our expanding digital leadership and brand strength. These results give us confidence in delivering the year as our competitive advantages continue to fuel our momentum.”

9. NVIDIA Corporation (NASDAQ:NVDA)

Net Income (TTM) as of October 31, 2022: $5.957 billion

NVIDIA Corporation (NASDAQ:NVDA) is a leading GPU maker with trailing twelve month net income of $5.957 billion as of October 31, 2022, ranking #9 on our list of 12 Most Profitable Robinhood Stocks. For its quarter ended October 30, 2022, the company’s sales declined 17 % year over year to $5.93 billion and adjusted earnings per diluted share decreased 50% year over year to $0.58 given various headwinds.

Nevertheless, NVIDIA Corporation returned $3.75 billion to shareholders in terms of share repurchases and cash dividends. As of October 30, 2022, NVIDIA Corporation had $8.28 billion remaining under its share repurchase authorization through December 2023.

8. Walmart Inc. (NYSE:WMT)

Net Income (TTM) as of October 31, 2022: $8.967 billion

Walmart Inc. is one of the most profitable retailers in the world with a trailing twelve month net income of $8.967 billion as of October 31, 2022 according to YCharts. Despite high inflation, Walmart Inc.’s Q3 FY23 U.S. comparable sales rose 8.2% year over year. For the same quarter, Walmart Inc. continued to gain market share in grocery and the company’s U.S. eCommerce growth was 16% and 24% on a two-year stack.

7. Visa Inc. (NYSE:V)

Net Income (TTM) as of December 31, 2022: $15.18 billion

Visa Inc. (NYSE:V) is a payment giant that ranks as one of the most profitable companies in the world with net income of $15.18 billion in 2022. For its fiscal first quarter of 2023, Visa Inc.’s net sales rose 12% year over year to $7.9 billion and the company had adjusted net income of $4.6 billion. Given its profits, Visa Inc. returned $4 billion of capital to shareholders in the form of share repurchases and dividends.

6. Meta Platforms, Inc. (NASDAQ:META)

Net Income (TTM) as of December 31, 2022: $23.20 billion

Meta Platforms, Inc. (NASDAQ:META) had a net income of $23.20 billion in 2022, ranking #6 on our list of 12 Most Profitable Robinhood Stocks. For the year, Meta Platforms, Inc.’s net income would have been even higher if the company had not spent billions on developing the metaverse. According to its financial statement, the company’s Reality Labs business lost $4.279 billion for the three months ended December 31, 2022 and $13.717 billion for 2022.

Like Meta Platforms, Inc., Alphabet Inc., Microsoft Corporation, and Apple Inc. are among the most profitable stocks that are popular with Robinhood investors.

5. Bank of America Corporation (NYSE:BAC)

Net Income (TTM) as of December 31, 2022: $27.53 billion

Bank of America Corporation (NYSE:BAC) is one of the largest financial institutions in the world with around 67 million consumer and small business clients and also 3,900 retail financial centers. For 2022, Bank of America Corporation also was one of the most profitable banks in the United States with a net income of $27.53 billion for 2022, ranking it #5 on our list of 12 Most Profitable Robinhood Stocks. Although its net income could decline if there is an economic slowdown this year, Bank of America Corporation has long term normalized earnings power.

4. Pfizer Inc. (NYSE:PFE)

Net Income (TTM) as of December 31, 2022: $31.37 billion

Pharmaceutical giant Pfizer Inc. (NYSE:PFE) had a net income of $31.37 billion in 2022 according to YCharts in addition to full year revenues of $100.3 billion. Excluding contributions from Paxlovid and Comirnaty, the company’s sales rose 2% year over year operationally. For 2023, Pfizer Inc. sees adjusted diluted EPS of $3.25$-$3.45. Pfizer Inc. has a dividend yield of 3.79% as of 2/16.

3. Alphabet Inc. (NASDAQ:GOOG)

Net Income (TTM) as of December 31, 2022: $59.97 billion

Alphabet Inc. is a tech giant with substantial sales and profits. For Q4, Alphabet Inc. had consolidated revenues of $76 billion, up 1% year over year and up 7% in constant currency. For full year 2022, Alphabet Inc.’s sales rose 10% year over year to $283 billion. Net income was $59.97 billion in 2022 according to YCharts. While the company grew last year, it faces more competition in the future and will need to continue to innovate to maintain or increase its profitability.

Alphabet Inc. CEO Sundar Pichai said in February 2023: “Our long-term investments in deep computer science make us extremely well-positioned as AI reaches an inflection point, and I’m excited by the AI-driven leaps we’re about to unveil in Search and beyond. There’s also great momentum in Cloud, YouTube subscriptions, and our Pixel devices. We’re on an important journey to re-engineer our cost structure in a durable way and to build financially sustainable, vibrant, growing businesses across Alphabet.”

2. Microsoft Corporation (NASDAQ:MSFT)

Net Income (TTM) as of December 31, 2022: $67.45 billion

Microsoft Corporation is a giant tech company with $198 billion in revenue for fiscal year 2022, with Microsoft Cloud surpassing $100 billion in annualized revenue for the first time in the year. For 2022, Microsoft Corporation is also one of the most profitable in the world with net income of $67.45 billion according to YCharts.

Baron Funds commented on Microsoft Corporation in a Q3 2022 investor letter,

Shares of Microsoft Corporation pulled back with the overall software industry on the back of macroeconomic issues, including inflation concerns and rising interest rates. The company reported another strong quarter, highlighted by total revenues growing 16% on a constant currency basis and Microsoft Cloud revenues, now 48% of total sales, growing 33%, with Azure (Microsoft’s infrastructure cloud) growing 46%. These results were driven by strong demand for large commercial cloud contracts, as more businesses are standardizing on Microsoft’s platform and the company is signing larger and longer deals. Initial fiscal year 2023 guidance calls for healthy double-digit revenue and operating income growth. Both foreign exchange and personal computer headwinds were contemplated in the guidance and have continued to worsen, but we have conviction in the company’s strong competitive positioning, durable growth drivers, and margin expansion opportunity over the mid- to long term.

1. Apple Inc. (NASDAQ:AAPL)

Net Income (TTM) as of December 31, 2022: $95.17 billion

Apple Inc. ranks #1 on our list of 12 Most Profitable Robinhood Stocks given its net income of $95.17 billion as of December 31, 2022. For the fiscal 2023 first quarter ended December 31, 2022, Apple Inc. continued its installed base growth with over 2 billion active devices. Sales for the quarter were $117.2 billion, down 5% year over year, and quarterly earnings per diluted share was $1.88. Apple Inc. CFO Luca Maestri said for the quarter, “We set an all-time revenue record of $20.8 billion in our Services business, and in spite of a difficult macroeconomic environment and significant supply constraints, we grew total company revenue on a constant currency basis. We generated $34 billion in operating cash flow and returned over $25 billion to shareholders during the quarter while continuing to invest in our long-term growth plans.”

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