Robinhood Markets (HOOD) Research & Development (2020 - 2026)
Robinhood Markets (HOOD) posted quarterly Research & Development of $256.0 million for Q2 2026, up 19.63% year-over-year from $214.0 million in Q2 2025, and up 6.22% quarter-over-quarter from $241.0 million in Q1 2026.
Robinhood Markets (HOOD) Research & Development (2020 - 2026) Analysis & Trends
Robinhood Markets (HOOD) has reported Research & Development for 7 consecutive years, with $256.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development rose 19.63% year-over-year to $256.0 million; the TTM figure through Jun 2026 stood at $966.0 million (up 14.86% YoY), while the FY2025 annual figure was $897.0 million, up 9.66% from the prior year.
- Research & Development rose to $256.0 million in Q2 2026 per HOOD's latest filing, from $241.0 million in the prior quarter.
- Across five years, Research & Development topped out at $268.0 million in Q1 2022 and bottomed at $180.0 million in Q4 2022.
- Historically, Research & Development has averaged $216.4 million across 5 years, with a median of $208.5 million in 2024.
- On a YoY basis, Research & Development climbed as much as 129.06% in 2022 and fell as far as 72.75% in 2022.
- Robinhood Markets' Research & Development stood at $180.0 million in 2022, then gained by 9.44% to $197.0 million in 2023, then rose by 5.58% to $208.0 million in 2024, then advanced by 11.54% to $232.0 million in 2025, then increased by 10.34% to $256.0 million in 2026.
- Business Quant data shows HOOD's Research & Development at $256.0 million in Q2 2026, $241.0 million in Q1 2026, and $232.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 1.20 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 635.00 Mn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 256.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 26.20 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 41.98 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | - |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -65.09 Mn |
| 10 | UP Fintech Holding | 13.78 Bn | 13.78 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 256.00 Mn |
| Mar 31, 2026 | 241.00 Mn |
| Dec 31, 2025 | 232.00 Mn |
| Sep 30, 2025 | 237.00 Mn |
| Jun 30, 2025 | 214.00 Mn |
| Mar 31, 2025 | 214.00 Mn |
| Dec 31, 2024 | 208.00 Mn |
| Sep 30, 2024 | 205.00 Mn |
| Jun 30, 2024 | 209.00 Mn |
| Mar 31, 2024 | 196.00 Mn |
| Dec 31, 2023 | 197.00 Mn |
| Sep 30, 2023 | 202.00 Mn |
| Jun 30, 2023 | 207.00 Mn |
| Mar 31, 2023 | 199.00 Mn |
| Dec 31, 2022 | 180.00 Mn |
| Sep 30, 2022 | 185.00 Mn |
| Jun 30, 2022 | 245.00 Mn |
| Mar 31, 2022 | 268.00 Mn |
| Dec 31, 2021 | 282.00 Mn |
| Sep 30, 2021 | 679.00 Mn |