Robinhood Markets HOOD
NASDAQ HOOD
$103.64 -4.49 (-4.15%)
As of: Aug 24, 2026 · 3:59 PM EDT

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

Robinhood Markets (HOOD) posted quarterly Gross Margin of 92.05% for 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.

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.

  • In Q2 2026, Gross Margin rose 206.0% year-over-year to 92.05%; the TTM figure through Jun 2026 stood at 91.77% (up 144.0% YoY), while the FY2025 annual figure was 91.08%, up 30.0% from the prior year.
  • Gross Margin rose to 92.05% in Q2 2026 per HOOD's latest filing, from 89.97% in the prior quarter.
  • Across five years, Gross Margin topped out at 99.36% in Q4 2023 and bottomed at 69.57% in Q1 2022.
  • Historically, Gross Margin has averaged 89.12% across 5 years, with a median of 90.68% in 2024.
  • On a YoY basis, Gross Margin climbed as much as 2157 bps in 2022 and fell as far as 1089 bps in 2022.
  • Robinhood Markets' Gross Margin stood at 98.16% in 2022, then increased by 1 bps to 99.36% in 2023, then slipped by 7 bps to 91.91% in 2024, then grew by 1 bps to 92.75% in 2025, then dropped by 1 bps to 92.05% in 2026.
  • Business Quant data shows HOOD's Gross Margin at 92.05% in Q2 2026, 89.97% in Q1 2026, and 92.75% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Morgan Stanley 333.21 Bn 173.07 Bn - -
2 Goldman Sachs 311.14 Bn -665.21 Bn - -
3 Schwab Charles 196.95 Bn 123.36 Bn - -
4 Robinhood Markets 93.19 Bn 75.81 Bn 1.20 Bn 92.05%
5 Interactive Brokers 41.71 Bn -22.59 Bn - -
6 LPL Financial Holdings 29.06 Bn 26.36 Bn - -
7 Tradeweb Markets 23.03 Bn 20.97 Bn - -
8 Circle Internet 21.70 Bn 19.97 Bn 288.85 Mn 41.19%
9 Futu Holdings 16.14 Bn 214.18 Mn 733.58 Mn 88.68%
10 UP Fintech Holding 13.78 Bn 13.78 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2026 92.05%
Mar 31, 2026 96.44%
Dec 31, 2025 97.12%
Sep 30, 2025 97.41%
Jun 30, 2025 97.07%
Mar 31, 2025 96.66%
Dec 31, 2024 81.36%
Sep 30, 2024 95.76%
Jun 30, 2024 90.62%
Mar 31, 2024 89.16%
Dec 31, 2023 100.64%
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 92.77%
Mar 31, 2022 69.57%
Dec 31, 2021 86.50%
Sep 30, 2021 76.16%