Robinhood Markets (HOOD) EBITDA Margin (2020 - 2026)

Robinhood Markets (HOOD) posted quarterly EBITDA Margin of 28.49% for Q1 2026, down 10.0% YoY from 31.66% in Q1 2025, and down 34.37% sequentially from 43.41% in Q4 2025.

Robinhood Markets (HOOD) EBITDA Margin (2020 - 2026) Analysis & Trends

Robinhood Markets has disclosed EBITDA Margin across 7 years of filings, most recently posting 28.49% for Q1 2026.

  • In Q1 2026, EBITDA Margin fell 10.0% year-over-year to 28.49%; the TTM figure through Mar 2026 stood at 37.59% (up 225.0% YoY), while the FY2025 annual figure was 37.89%, up 597.0% from the prior year.
  • EBITDA Margin fell to 28.49% in Q1 2026, from 43.41% in the prior quarter.
  • Over the last five years, EBITDA Margin for HOOD reached as high as 62.52% in Q4 2024 and fell as low as 141.47% in Q1 2022.
  • The 5-year median for EBITDA Margin is 14.44% (2024), against an average of 11.93%.
  • The widest YoY moves for EBITDA Margin: up 33832 bps in 2022, down 13304 bps in 2022.
  • A 5-year view of EBITDA Margin shows it stood at 48.16% in 2022, then jumped by 95 bps to 2.34% in 2023, then jumped by 2777 bps to 62.52% in 2024, then plunged by 31 bps to 43.41% in 2025, then slumped by 34 bps to 28.49% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 28.49%, 43.41%, and 41.84% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 95.15%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 136.81%
3 Schwab Charles 167.21 Bn 122.24 Bn - 61.80%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 124.07%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 28.49%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 11.84%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 47.66%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 110.52%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -176.07%
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 23.13%

Historic Data

Download Data
DateValue
Mar 31, 2026 28.49%
Dec 31, 2025 43.41%
Sep 30, 2025 41.84%
Jun 30, 2025 34.38%
Mar 31, 2025 28.59%
Dec 31, 2024 62.52%
Sep 30, 2024 14.44%
Jun 30, 2024 23.61%
Mar 31, 2024 14.72%
Dec 31, 2023 -2.34%
Sep 30, 2023 -24.41%
Jun 30, 2023 -1.03%
Mar 31, 2023 -124.94%
Dec 31, 2022 -48.16%
Sep 30, 2022 -53.46%
Jun 30, 2022 -99.06%
Mar 31, 2022 -141.47%
Dec 31, 2021 -127.27%
Sep 30, 2021 -391.78%
Jun 30, 2021 -6.55%