Robinhood Markets (HOOD) Research & Development (2020 - 2026)
Robinhood Markets' (HOOD) quarterly Research & Development came in at $256.0 million in 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.
Analysis
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.
- On a quarterly basis, Research & Development rose 19.63% year-over-year to $256.0 million in Q2 2026; TTM through Jun 2026 was $966.0 million, a 14.86% increase from a year earlier, with the FY2025 full-year figure at $897.0 million, up 9.66% from the prior year.
- Research & Development was $256.0 million for Q2 2026 at Robinhood Markets, up from $241.0 million in the prior quarter.
- Over five years, Research & Development peaked at $268.0 million in Q1 2022 and troughed at $180.0 million in Q4 2022.
- A 5-year average of $216.4 million and a median of $208.5 million in 2024 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 129.06% in 2022, down 72.75% in 2022.
- Over 5 years, Research & Development stood at $180.0 million in 2022, then increased by 9.44% to $197.0 million in 2023, then grew by 5.58% to $208.0 million in 2024, then rose by 11.54% to $232.0 million in 2025, then climbed by 10.34% to $256.0 million in 2026.
- The last three Research & Development figures came in at $256.0 million (Q2 2026), $241.0 million (Q1 2026), and $232.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.20 Bn | 83.88 Bn | 1.20 Bn | 256.00 Mn |
| 2 | Interactive Brokers | 41.17 Bn | -6.79 Bn | - | - |
| 3 | LPL Financial Holdings | 27.86 Bn | 25.16 Bn | - | 26.20 Mn |
| 4 | Futu Holdings | 15.80 Bn | -3.84 Bn | 792.50 Mn | -63.89 Mn |
| 5 | UP Fintech Holding | 12.81 Bn | 12.81 Bn | - | - |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | - |
| 7 | Webull | 4.83 Bn | 2.90 Bn | 85.87 Mn | 22.16 Mn |
| 8 | eToro | 2.53 Bn | 1.57 Bn | 63.50 Mn | 33.83 Mn |
| 9 | Solowin Holdings | 402.47 Mn | 383.36 Mn | - | - |
| 10 | TOP Financial | 127.44 Mn | 82.47 Mn | - | 80,651.00 |
Historic Data
Download Data
Historic 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 |