Robinhood Markets (HOOD) Net Margin (2020 - 2026)
Robinhood Markets (HOOD) posted quarterly Net Margin of 32.8% for Q1 2026, down 344.0% YoY from 13.44% in Q1 2025, and down 30.44% sequentially from 47.16% in Q4 2025.
Robinhood Markets (HOOD) Net Margin (2020 - 2026) Analysis & Trends
Robinhood Markets has disclosed Net Margin across 7 years of filings, most recently posting 32.8% for Q1 2026.
- In Q1 2026, Net Margin fell 344.0% year-over-year to 32.8%; the TTM figure through Mar 2026 stood at 41.12% (down 765.0% YoY), while the FY2025 annual figure was 42.1%, down 572.0% from the prior year.
- Net Margin slipped to 32.8% in Q1 2026, from 47.16% in the prior quarter.
- Over the last five years, Net Margin for HOOD reached as high as 90.34% in Q4 2024 and fell as low as 131.1% in Q1 2022.
- The 5-year median for Net Margin is 23.55% (2024), against an average of 4.29%.
- Annual changes were most pronounced in 2022 — Net Margin surged 31235 bps — and 2025, when it slumped 4318 bps.
- A 5-year view of Net Margin shows it stood at 43.68% in 2022, then jumped by 115 bps to 6.37% in 2023, then jumped by 1318 bps to 90.34% in 2024, then sank by 48 bps to 47.16% in 2025, then tumbled by 30 bps to 32.8% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 32.8%, 47.16%, and 43.64% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 26.29% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 31.36% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 36.98% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 122.40% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 32.80% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 7.22% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 37.74% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 132.82% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -171.16% |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 1.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.80% |
| Dec 31, 2025 | 47.16% |
| Sep 30, 2025 | 43.64% |
| Jun 30, 2025 | 39.03% |
| Mar 31, 2025 | 36.25% |
| Dec 31, 2024 | 90.34% |
| Sep 30, 2024 | 23.55% |
| Jun 30, 2024 | 27.57% |
| Mar 31, 2024 | 25.40% |
| Dec 31, 2023 | 6.37% |
| Sep 30, 2023 | -18.20% |
| Jun 30, 2023 | 5.14% |
| Mar 31, 2023 | -115.87% |
| Dec 31, 2022 | -43.68% |
| Sep 30, 2022 | -48.48% |
| Jun 30, 2022 | -92.77% |
| Mar 31, 2022 | -131.10% |
| Dec 31, 2021 | -116.53% |
| Sep 30, 2021 | -360.82% |
| Jun 30, 2021 | -88.85% |