Robinhood Markets (HOOD) Cost of Revenue (2020 - 2026)
Robinhood Markets has reported Cost of Revenue over the past 7 years, most recently at $107.0 million for Q1 2026.
- Quarterly Cost of Revenue rose 1.9% to $107.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $401.0 million through Mar 2026, up 251.75% year-over-year, with the annual reading at $399.0 million for FY2025, 256.25% up from the prior year.
- Cost of Revenue was $107.0 million for Q1 2026 at Robinhood Markets, up from $93.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $107.0 million in Q1 2026 and troughed at -$78.0 million in Q4 2024.
- The 5-year median for Cost of Revenue is $41.0 million (2023), against an average of $48.8 million.
- Year-over-year, Cost of Revenue crashed 310.81% in 2024 and then surged 253.57% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $29.0 million in 2022, then grew by 27.59% to $37.0 million in 2023, then crashed by 310.81% to -$78.0 million in 2024, then soared by 219.23% to $93.0 million in 2025, then increased by 15.05% to $107.0 million in 2026.
- Per Business Quant, the three most recent readings for HOOD's Cost of Revenue are $107.0 million (Q1 2026), $93.0 million (Q4 2025), and $102.0 million (Q3 2025).