Robinhood Markets (HOOD) Tax Rate (2020 - 2026)
Robinhood Markets (HOOD) reported Tax Rate of 15.82% for Q1 2026, up 638.0% year-over-year from 2.14% in Q1 2025, and up 86.67% on a QoQ basis from 8.47% in Q4 2025.
Robinhood Markets (HOOD) has 7 years of Tax Rate data on file, last reported at 15.82% in Q1 2026.
- Quarterly Tax Rate rose 638.0% year-over-year to 15.82% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.87% (up 3677.0% YoY) and the FY2025 annual result came in at 10.67%, up 4329.0% from the prior year.
- Tax Rate rose to 15.82% in Q1 2026 per HOOD's latest filing, from 8.47% in the prior quarter.
- Across five years, Tax Rate topped out at 15.82% in Q1 2026 and bottomed at 64.16% in Q4 2024.
- The 5-year median for Tax Rate is 1.19% (2022), against an average of 1.74%.
- The widest annual swing landed in 2024, when Tax Rate sank 6071 bps; it then jumped 7263 bps in 2025.
- Tracing HOOD's Tax Rate over 5 years: stood at 1.19% in 2022, then sank by 390 bps to 3.45% in 2023, then slumped by 1761 bps to 64.16% in 2024, then soared by 113 bps to 8.47% in 2025, then surged by 87 bps to 15.82% in 2026.
- Per Business Quant, the three latest HOOD Tax Rate figures stand at 15.82% (Q1 2026), 8.47% (Q4 2025), and 12.3% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 19.58 |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 13.20 |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 22.24 |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 15.82 |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 9.08 |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 2.47 |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 26.45 |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 2.46 |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 23.03 |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | 16.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.82 |
| Mar 31, 2026 | 15.82 |
| Dec 31, 2025 | 8.47 |
| Dec 31, 2025 | 8.47 |
| Sep 30, 2025 | 12.30 |
| Sep 30, 2025 | 12.30 |
| Jun 30, 2025 | 12.67 |
| Jun 30, 2025 | 12.67 |
| Mar 31, 2025 | 9.43 |
| Mar 31, 2025 | 9.43 |
| Dec 31, 2024 | -64.16 |
| Dec 31, 2024 | -64.16 |
| Sep 30, 2024 | 1.96 |
| Sep 30, 2024 | 1.96 |
| Jun 30, 2024 | 1.57 |
| Jun 30, 2024 | 1.57 |
| Mar 31, 2024 | 3.09 |
| Mar 31, 2024 | 3.09 |
| Dec 31, 2023 | -3.45 |
| Dec 31, 2023 | -3.45 |
| Sep 30, 2023 | -13.33 |
| Sep 30, 2023 | -13.33 |
| Jun 30, 2023 | -13.64 |
| Jun 30, 2023 | -13.64 |
| Mar 31, 2023 | -0.39 |
| Mar 31, 2023 | -0.39 |
| Dec 31, 2022 | 1.19 |
| Dec 31, 2022 | 1.19 |
| Sep 30, 2022 | -0.57 |
| Sep 30, 2022 | -0.57 |
| Jun 30, 2022 | -0.34 |
| Jun 30, 2022 | -0.34 |
| Mar 31, 2022 | -0.26 |
| Mar 31, 2022 | -0.26 |
| Dec 31, 2021 | -0.71 |
| Dec 31, 2021 | -0.71 |
| Sep 30, 2021 | 3.66 |
| Sep 30, 2021 | 3.66 |
| Jun 30, 2021 | -8.19 |
| Jun 30, 2021 | -8.19 |
| Mar 31, 2021 | -0.84 |
| Mar 31, 2021 | -0.84 |
| Dec 31, 2020 | 31.87 |
| Dec 31, 2020 | 31.87 |
| Sep 30, 2020 | 3.03 |
| Sep 30, 2020 | 3.03 |
| Jun 30, 2020 | 0.92 |
| Jun 30, 2020 | 0.92 |