Growth Metrics

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

Robinhood Markets has reported Operating Margin over the past 7 years, most recently at 28.49% for Q1 2026.

  • Quarterly Operating Margin fell 10.0% to 28.49% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 37.59% through Mar 2026, up 225.0% year-over-year, with the annual reading at 37.89% for FY2025, 597.0% up from the prior year.
  • Operating Margin was 28.49% for Q1 2026 at Robinhood Markets, down from 43.41% in the prior quarter.
  • Over five years, Operating Margin peaked at 62.52% in Q4 2024 and troughed at 141.47% in Q1 2022.
  • The 5-year median for Operating Margin is 14.44% (2024), against an average of 11.93%.
  • The largest YoY upside for Operating Margin was 33832bps in 2022 against a maximum downside of -13304bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 48.16% in 2022, then skyrocketed by 95bps to 2.34% in 2023, then skyrocketed by 2777bps to 62.52% in 2024, then plummeted by -31bps to 43.41% in 2025, then plummeted by -34bps to 28.49% in 2026.
  • Per Business Quant, the three most recent readings for HOOD's Operating Margin are 28.49% (Q1 2026), 43.41% (Q4 2025), and 41.84% (Q3 2025).