Robinhood Markets (HOOD) Net Margin (2020 - 2026)
Robinhood Markets (HOOD) reported Net Margin of 32.8% for Q1 2026, down 344.0% year-over-year from 13.44% in Q1 2025, and down 30.44% quarter-over-quarter from 47.16% in Q4 2025.
Robinhood Markets (HOOD) Net Margin (2020 - 2026) Analysis & Trends
Robinhood Markets (HOOD) has 7 years of Net Margin data on file, last reported at 32.8% in Q1 2026.
- Net Margin for Q1 2026 came in at 32.8%, down 344.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 41.12% (down 765.0% YoY), and the FY2025 annual result was 42.1%, down 572.0% from the prior year.
- Net Margin fell to 32.8% in Q1 2026 per HOOD's latest filing, from 47.16% 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 4.29% and a median of 23.55% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2025: Net Margin surged 31235 bps in 2022, then plunged 4318 bps in 2025.
- 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 tumbled by 48 bps to 47.16% in 2025, then sank by 30 bps to 32.8% in 2026.
- Business Quant data shows HOOD's Net Margin at 32.8% in Q1 2026, 47.16% in Q4 2025, and 43.64% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 26.29% |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 31.36% |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 36.98% |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 32.80% |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 16.00% |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 7.22% |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 37.74% |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -171.16% |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 132.82% |
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% |