Robinhood Markets HOOD
NASDAQ HOOD
$112.57 -0.76 (-0.67%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Robinhood Markets' (HOOD) quarterly Gross Margin came in at 92.05% in Q2 2026, up 206.0% year-over-year from 30.08% in Q2 2025, and up 2.31% quarter-over-quarter from 89.97% in Q1 2026.

Analysis

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

Robinhood Markets (HOOD) has reported Gross Margin for 7 consecutive years, with 92.05% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin rose 206.0% year-over-year to 92.05% in Q2 2026; TTM through Jun 2026 was 91.77%, a 144.0% increase from a year earlier, with the FY2025 full-year figure at 91.08%, up 30.0% from the prior year.
  • Gross Margin was 92.05% for Q2 2026 at Robinhood Markets, up from 89.97% in the prior quarter.
  • Over five years, Gross Margin peaked at 99.36% in Q4 2023 and troughed at 69.57% in Q1 2022.
  • A 5-year average of 89.12% and a median of 90.68% in 2024 frame the typical range for Gross Margin.
  • The widest YoY moves for Gross Margin: up 2157 bps in 2022, down 1089 bps in 2022.
  • Over 5 years, Gross Margin stood at 98.16% in 2022, then climbed by 1 bps to 99.36% in 2023, then retreated by 7 bps to 91.91% in 2024, then advanced by 1 bps to 92.75% in 2025, then decreased by 1 bps to 92.05% in 2026.
  • The last three Gross Margin figures came in at 92.05% (Q2 2026), 89.97% (Q1 2026), and 92.75% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Robinhood Markets 101.20 Bn 83.88 Bn 1.20 Bn 92.05%
2 Interactive Brokers 41.17 Bn -6.79 Bn - -
3 LPL Financial Holdings 27.86 Bn 25.16 Bn - -
4 Futu Holdings 15.80 Bn -3.84 Bn 792.50 Mn 86.31%
5 UP Fintech Holding 12.81 Bn 12.81 Bn - -
6 Xp 10.32 Bn 5.47 Bn 105.39 Mn 27.10%
7 Webull 4.83 Bn 2.90 Bn 85.87 Mn 43.19%
8 eToro 2.53 Bn 1.57 Bn 63.50 Mn 3.99%
9 Solowin Holdings 402.47 Mn 383.36 Mn - -
10 TOP Financial 127.44 Mn 82.47 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 92.05%
Mar 31, 2026 89.97%
Dec 31, 2025 92.75%
Sep 30, 2025 91.99%
Jun 30, 2025 89.99%
Mar 31, 2025 88.67%
Dec 31, 2024 91.91%
Sep 30, 2024 90.74%
Jun 30, 2024 90.62%
Mar 31, 2024 89.16%
Dec 31, 2023 99.36%
Sep 30, 2023 91.22%
Jun 30, 2023 92.59%
Mar 31, 2023 90.48%
Dec 31, 2022 98.16%
Sep 30, 2022 81.99%
Jun 30, 2022 72.96%
Mar 31, 2022 69.57%
Dec 31, 2021 76.58%
Sep 30, 2021 70.41%