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 338.83 Bn 205.30 Bn - 1.20 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 635.00 Mn
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -65.09 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 256.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 26.20 Mn
10 Tradeweb Markets 23.53 Bn 22.17 Bn - 41.98 Mn

Historic Data

Download Data
DateValue
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