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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Robinhood Markets (HOOD) Gross Margin (2020 - 2025)

Robinhood Markets (HOOD) has disclosed Gross Margin for 6 consecutive years, with 76.15% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin fell 2661.0% to 76.15% in Q4 2025 year-over-year; TTM through Dec 2025 was 91.08%, a 451.0% decrease, with the full-year FY2025 number at 91.08%, down 512.0% from a year prior.
  • Gross Margin was 76.15% for Q4 2025 at Robinhood Markets, down from 103.22% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 107.89% in Q4 2022 to a low of 68.38% in Q3 2021.
  • A 5-year average of 89.61% and a median of 91.38% in 2023 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: surged 3131bps in 2022, then crashed -2661bps in 2025.
  • Robinhood Markets' Gross Margin stood at 76.58% in 2021, then skyrocketed by 41bps to 107.89% in 2022, then dropped by -15bps to 92.14% in 2023, then grew by 12bps to 102.76% in 2024, then fell by -26bps to 76.15% in 2025.
  • Per Business Quant, the three most recent readings for HOOD's Gross Margin are 76.15% (Q4 2025), 103.22% (Q3 2025), and 97.07% (Q2 2025).