Robinhood Markets (HOOD) Net Margin (2020 - 2026)
Robinhood Markets' (HOOD) quarterly Net Margin came in at 42.89% in 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.
Analysis
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.
- On a quarterly basis, Net Margin rose 386.0% year-over-year to 42.89% in Q2 2026; TTM through Jun 2026 was 42.01%, a 811.0% decrease from a year earlier, with the FY2025 full-year figure at 42.1%, down 572.0% from the prior year.
- Net Margin was 42.89% for Q2 2026 at Robinhood Markets, up from 32.8% in the prior quarter.
- Over five years, Net Margin peaked at 90.34% in Q4 2024 and troughed at 131.1% in Q1 2022.
- A 5-year average of 1.67% and a median of 24.48% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin jumped 31235 bps in 2022 and sank 4318 bps in 2025, its largest moves.
- Over 5 years, Net Margin stood at 43.68% in 2022, then soared by 115 bps to 6.37% in 2023, then soared by 1318 bps to 90.34% in 2024, then plunged by 48 bps to 47.16% in 2025, then dropped by 9 bps to 42.89% in 2026.
- The last three Net Margin figures came in at 42.89% (Q2 2026), 32.8% (Q1 2026), and 47.16% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.20 Bn | 83.88 Bn | 1.20 Bn | 42.89% |
| 2 | Interactive Brokers | 41.17 Bn | -6.79 Bn | - | 16.46% |
| 3 | LPL Financial Holdings | 27.86 Bn | 25.16 Bn | - | 7.31% |
| 4 | Futu Holdings | 15.80 Bn | -3.84 Bn | 792.50 Mn | 50.70% |
| 5 | UP Fintech Holding | 12.81 Bn | 12.81 Bn | - | 21.59% |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | 70.69% |
| 7 | Webull | 4.83 Bn | 2.90 Bn | 85.87 Mn | 12.25% |
| 8 | eToro | 2.53 Bn | 1.57 Bn | 63.50 Mn | 0.12% |
| 9 | Solowin Holdings | 402.47 Mn | 383.36 Mn | - | - |
| 10 | TOP Financial | 127.44 Mn | 82.47 Mn | - | -10.56% |
Historic Data
Download Data
Historic 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% |