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% quarter-over-quarter from $232.0 million in Q4 2025.
Robinhood Markets (HOOD) Research & Development (2020 - 2026) Analysis & Trends
Robinhood Markets (HOOD) has 7 years of Research & Development data on file, last reported at $241.0 million in Q1 2026.
- Research & Development for Q1 2026 came in at $241.0 million, up 12.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $924.0 million (up 10.53% YoY), and the FY2025 annual result was $897.0 million, up 9.66% from the prior year.
- Research & Development climbed to $241.0 million in Q1 2026 per HOOD's latest filing, from $232.0 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 $214.1 million and a median of $208.0 million in 2024 frame the typical range for Research & Development.
- On a YoY basis, Research & Development climbed as much as 129.06% in 2022 and fell as far as 72.75% in 2022.
- A 5-year view of Research & Development shows it stood at $180.0 million in 2022, then rose by 9.44% to $197.0 million in 2023, then increased by 5.58% to $208.0 million in 2024, then gained by 11.54% to $232.0 million in 2025, then gained by 3.88% to $241.0 million in 2026.
- Business Quant data shows HOOD's Research & Development at $241.0 million in Q1 2026, $232.0 million in Q4 2025, and $237.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 1.15 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 583.00 Mn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | - |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 241.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | - |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 23.47 Mn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 39.55 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | - |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 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 |