Robinhood Markets (HOOD) EBITDA Margin (2020 - 2026)
Robinhood Markets (HOOD) posted quarterly EBITDA Margin of 35.93% for Q2 2026, up 155.0% year-over-year from 14.09% in Q2 2025, and up 26.12% quarter-over-quarter from 28.49% in Q1 2026.
Analysis
Robinhood Markets (HOOD) EBITDA Margin (2020 - 2026) Analysis & Trends
Robinhood Markets (HOOD) has reported EBITDA Margin for 7 consecutive years, with 35.93% the latest figure, recorded in Q2 2026.
- In Q2 2026, EBITDA Margin rose 155.0% year-over-year to 35.93%; the TTM figure through Jun 2026 stood at 37.79% (up 497.0% YoY), while the FY2025 annual figure was 37.89%, up 1139.0% from the prior year.
- EBITDA Margin grew to 35.93% in Q2 2026 per HOOD's latest filing, from 28.49% in the prior quarter.
- Across five years, EBITDA Margin topped out at 46.75% in Q4 2024 and bottomed at 161.2% in Q1 2022.
- Historically, EBITDA Margin has averaged 12.75% across 5 years, with a median of 14.58% in 2024.
- On a YoY basis, EBITDA Margin climbed as much as 33133 bps in 2022 and fell as far as 15277 bps in 2022.
- Robinhood Markets' EBITDA Margin stood at 42.37% in 2022, then soared by 112 bps to 4.88% in 2023, then soared by 857 bps to 46.75% in 2024, then dropped by 7 bps to 43.41% in 2025, then slipped by 17 bps to 35.93% in 2026.
- Business Quant data shows HOOD's EBITDA Margin at 35.93% in Q2 2026, 28.49% in Q1 2026, and 43.41% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 329.44 Bn | 169.31 Bn | - | 95.89% |
| 2 | Goldman Sachs | 300.90 Bn | -675.44 Bn | - | 131.07% |
| 3 | Schwab Charles | 188.46 Bn | 114.86 Bn | - | 63.04% |
| 4 | Robinhood Markets | 95.87 Bn | 78.49 Bn | 1.20 Bn | 35.93% |
| 5 | Interactive Brokers | 39.89 Bn | -24.41 Bn | - | 138.98% |
| 6 | LPL Financial Holdings | 28.30 Bn | 25.60 Bn | - | 11.90% |
| 7 | Circle Internet | 22.04 Bn | 20.31 Bn | 288.85 Mn | 5.04% |
| 8 | Tradeweb Markets | 22.00 Bn | 19.94 Bn | - | 45.17% |
| 9 | Futu Holdings | 16.48 Bn | -19,683,684.71 Bn | 792.50 Mn | 62.05% |
| 10 | UP Fintech Holding | 12.74 Bn | 12.74 Bn | - | 31.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.93% |
| 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 | 46.75% |
| Sep 30, 2024 | 14.44% |
| Jun 30, 2024 | 18.33% |
| Mar 31, 2024 | 14.72% |
| Dec 31, 2023 | 4.88% |
| Sep 30, 2023 | -24.41% |
| Jun 30, 2023 | -3.29% |
| Mar 31, 2023 | -124.94% |
| Dec 31, 2022 | -42.37% |
| Sep 30, 2022 | -66.20% |
| Jun 30, 2022 | -118.87% |
| Mar 31, 2022 | -161.20% |
| Dec 31, 2021 | -139.12% |
| Sep 30, 2021 | -397.53% |