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.

• On a quarterly basis, Operating Expenses rose 33.45% year-over-year to $734.0 million in Q2 2026; TTM through Jun 2026 was $2.7 billion, a 29.79% increase from a year earlier, with the FY2025 full-year figure at $2.4 billion, up 25.41% from the prior year.
• Operating Expenses was $734.0 million for Q2 2026 at Robinhood Markets, up from $656.0 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.
• A 5-year average of $579.8 million and a median of $545.0 million in 2023 frame the typical range for Operating Expenses.
• The widest YoY moves for Operating Expenses: up 48.71% in 2022, down 68.68% in 2022.
• Over 5 years, Operating Expenses stood at $534.0 million in 2022, then dropped by 16.67% to $445.0 million in 2023, then gained by 2.92% to $458.0 million in 2024, then soared by 38.21% to $633.0 million in 2025, then increased by 15.96% to $734.0 million in 2026.
• The last three Operating Expenses figures came in at $734.0 million (Q2 2026), $656.0 million (Q1 2026), and $633.0 million (Q4 2025), per Business Quant data.