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

Robinhood Markets (HOOD) has reported Operating Expenses for 7 consecutive years, with $734.0 million the latest figure, recorded in Q2 2026.

• In Q2 2026, Operating Expenses rose 33.45% year-over-year to $734.0 million; the TTM figure through Jun 2026 stood at $2.7 billion (up 29.79% YoY), while the FY2025 annual figure was $2.4 billion, up 25.41% from the prior year.
• Operating Expenses climbed to $734.0 million in Q2 2026 per HOOD's latest filing, from $656.0 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.
• Historically, Operating Expenses has averaged $579.8 million across 5 years, with a median of $545.0 million in 2023.
• On a YoY basis, Operating Expenses climbed as much as 48.71% in 2022 and fell as far as 68.68% in 2022.
• Robinhood Markets' Operating Expenses stood at $534.0 million in 2022, then fell by 16.67% to $445.0 million in 2023, then climbed by 2.92% to $458.0 million in 2024, then surged by 38.21% to $633.0 million in 2025, then gained by 15.96% to $734.0 million in 2026.
• Business Quant data shows HOOD's Operating Expenses at $734.0 million in Q2 2026, $656.0 million in Q1 2026, and $633.0 million in Q4 2025.