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
DateValue
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%