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

Robinhood Markets (HOOD) reported EBITDA Margin of 28.49% for Q1 2026, down 10.0% year-over-year from 31.66% in Q1 2025, and down 34.37% quarter-over-quarter from 43.41% in Q4 2025.

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

Robinhood Markets (HOOD) has 7 years of EBITDA Margin data on file, last reported at 28.49% in Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 28.49%, down 10.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 37.59% (up 225.0% YoY), and the FY2025 annual result was 37.89%, up 597.0% from the prior year.
  • EBITDA Margin eased to 28.49% in Q1 2026 per HOOD's latest filing, from 43.41% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 62.52% in Q4 2024 and troughed at 141.47% in Q1 2022.
  • A 5-year average of 11.93% and a median of 14.44% in 2024 frame the typical range for EBITDA Margin.
  • On a YoY basis, EBITDA Margin climbed as much as 33832 bps in 2022 and fell as far as 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 slumped by 31 bps to 43.41% in 2025, then plunged by 34 bps to 28.49% in 2026.
  • Business Quant data shows HOOD's EBITDA Margin at 28.49% in Q1 2026, 43.41% in Q4 2025, and 41.84% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 95.15%
3 Goldman Sachs 333.85 Bn -603.70 Bn - 136.81%
4 Schwab Charles 160.31 Bn 115.33 Bn - 61.80%
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 28.49%
6 Interactive Brokers 42.79 Bn 53.38 Bn - 14.74%
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 11.84%
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 47.66%
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -176.07%
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn 110.52%

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%