Robinhood Markets (HOOD) Net Margin (2020 - 2026)
Robinhood Markets' Net Margin came in at 42.89% for Q2 2026, up 3.86 percentage points from 39.03% a year earlier and up 10.09 percentage points from the prior quarter.
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Analysis
Robinhood Markets (HOOD) Net Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Robinhood Markets reported Net Margin of 42.01%, down 8.11 percentage points year-over-year; for FY2025, it came in at 42.10%, down 5.72 percentage points from FY2024.
- Net Margin carries a five-year change of +41.78 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 47.81% in FY2024 (+76.82 pp), -29.01% in FY2023 (+46.69 pp), -75.70% in FY2022 (+127.44 pp) and -203.14% in FY2021 (-203.45 pp).
- The five-year range for quarterly Net Margin is -360.82% (Q3 2021) to 90.34% (Q4 2024).
- Year-over-year, Net Margin increased in six of the last eight quarters, with an average year-over-year change of +15.67 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q3 2022 (a gain of 312.35 percentage points), and the weakest in Q3 2021 (a drop of 356.87 percentage points).
- Business Quant data shows HOOD's Net Margin at 32.80% (Q1 2026), 47.16% (Q4 2025) and 43.64% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | 42.89% |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | 29.93% |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | 61.06% |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | 26.53% |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | 20.02% |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - | 25.35% |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - | 16.46% |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - | 58.35% |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn | 24.38% |
| 10 | LPL Financial Holdings | 24.92 Bn | 20.24 Bn | - | 7.31% |
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% |
API Access
Robinhood Markets Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=HOOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "HOOD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=HOOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();