Robinhood Markets (HOOD) Net Margin (2020 - 2026)
Robinhood Markets (HOOD) posted quarterly Net Margin of 42.89% for Q2 2026, up 386.0% year-over-year from 8.83% in Q2 2025, and up 30.75% quarter-over-quarter from 32.8% in Q1 2026.
Robinhood Markets (HOOD) Net Margin (2020 - 2026) Analysis & Trends
Robinhood Markets (HOOD) has reported Net Margin for 7 consecutive years, with 42.89% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin rose 386.0% year-over-year to 42.89%; the TTM figure through Jun 2026 stood at 42.01% (down 811.0% YoY), while the FY2025 annual figure was 42.1%, down 572.0% from the prior year.
- Net Margin grew to 42.89% in Q2 2026 per HOOD's latest filing, from 32.8% in the prior quarter.
- Across five years, Net Margin topped out at 90.34% in Q4 2024 and bottomed at 131.1% in Q1 2022.
- Historically, Net Margin has averaged 1.67% across 5 years, with a median of 24.48% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin surged 31235 bps — and 2025, when it plunged 4318 bps.
- Robinhood Markets' Net Margin stood at 43.68% in 2022, then surged by 115 bps to 6.37% in 2023, then surged by 1318 bps to 90.34% in 2024, then plunged by 48 bps to 47.16% in 2025, then fell by 9 bps to 42.89% in 2026.
- Business Quant data shows HOOD's Net Margin at 42.89% in Q2 2026, 32.8% in Q1 2026, and 47.16% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 25.46% |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 31.46% |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 36.98% |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 122.40% |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 42.89% |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -171.16% |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 16.00% |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 7.31% |
| 10 | Tradeweb Markets | 23.53 Bn | 22.17 Bn | - | 36.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 42.89% |
| 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% |