Robinhood Markets (HOOD) Operating Expenses (2020 - 2026)

Robinhood Markets (HOOD) has 7 years of Operating Expenses data on file, last reported at $656.0 million in Q1 2026.

• Quarterly Operating Expenses rose 17.77% year-over-year to $656.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.5 billion (up 24.27% YoY) and the FY2025 annual result came in at $2.4 billion, up 25.41% from the prior year.
• Operating Expenses advanced to $656.0 million in Q1 2026 per HOOD's latest filing, from $633.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $950.0 million in Q1 2023 and bottomed at $445.0 million in Q4 2023.
• The 5-year median for Operating Expenses is $540.0 million (2023), against an average of $570.7 million.
• Peak annual rise in Operating Expenses reached 48.71% in 2022, while the deepest fall reached 68.68% in 2022.
• Tracing HOOD's Operating Expenses over 5 years: stood at $534.0 million in 2022, then slipped by 16.67% to $445.0 million in 2023, then rose by 2.92% to $458.0 million in 2024, then surged by 38.21% to $633.0 million in 2025, then climbed by 3.63% to $656.0 million in 2026.
• Per Business Quant, the three latest HOOD Operating Expenses figures stand at $656.0 million (Q1 2026), $633.0 million (Q4 2025), and $639.0 million (Q3 2025).

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