Robinhood Markets (HOOD) Research & Development (2020 - 2026)
Robinhood Markets (HOOD) reported Research & Development of $241.0 million for Q1 2026, up 12.62% year-over-year from $214.0 million in Q1 2025, and up 3.88% on a QoQ basis from $232.0 million in Q4 2025.
Robinhood Markets (HOOD) has 7 years of Research & Development data on file, last reported at $241.0 million in Q1 2026.
- Quarterly Research & Development rose 12.62% year-over-year to $241.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $924.0 million (up 10.53% YoY) and the FY2025 annual result came in at $897.0 million, up 9.66% from the prior year.
- Research & Development improved to $241.0 million in Q1 2026 per HOOD's latest filing, from $232.0 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.
- The 5-year median for Research & Development is $208.0 million (2024), against an average of $214.1 million.
- Peak annual rise in Research & Development reached 129.06% in 2022, while the deepest fall reached 72.75% in 2022.
- Tracing HOOD's Research & Development over 5 years: stood at $180.0 million in 2022, then grew by 9.44% to $197.0 million in 2023, then climbed by 5.58% to $208.0 million in 2024, then increased by 11.54% to $232.0 million in 2025, then increased by 3.88% to $241.0 million in 2026.
- Per Business Quant, the three latest HOOD Research & Development figures stand at $241.0 million (Q1 2026), $232.0 million (Q4 2025), and $237.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 1.15 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 583.00 Mn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 241.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | - |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 23.47 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | - |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 39.55 Mn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 156.00 Mn |
| Mar 31, 2021 | 117.00 Mn |
| Dec 31, 2020 | 81.33 Mn |
| Sep 30, 2020 | 55.49 Mn |
| Jun 30, 2020 | 44.97 Mn |