KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
Others
Ratios

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

Robinhood Markets has reported Operating Expenses over the past 7 years, most recently at $656.0 million for Q1 2026.

  • Quarterly Operating Expenses rose 17.77% to $656.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $2.5 billion through Mar 2026, up 24.27% year-over-year, with the annual reading at $2.4 billion for FY2025, 25.41% up from the prior year.
  • Operating Expenses was $656.0 million for Q1 2026 at Robinhood Markets, up from $633.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $950.0 million in Q1 2023 and troughed 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.
  • The largest YoY upside for Operating Expenses was 48.71% in 2022 against a maximum downside of 68.68% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $534.0 million in 2022, then decreased by 16.67% to $445.0 million in 2023, then increased by 2.92% to $458.0 million in 2024, then skyrocketed by 38.21% to $633.0 million in 2025, then increased by 3.63% to $656.0 million in 2026.
  • Per Business Quant, the three most recent readings for HOOD's Operating Expenses are $656.0 million (Q1 2026), $633.0 million (Q4 2025), and $639.0 million (Q3 2025).