Robinhood Markets (HOOD) Tax Rate (2020 - 2026)
Robinhood Markets (HOOD) posted quarterly Tax Rate of 15.82% for Q1 2026, up 638.0% YoY from 2.14% in Q1 2025, and up 86.67% sequentially from 8.47% in Q4 2025.
Robinhood Markets (HOOD) Tax Rate (2020 - 2026) Analysis & Trends
Robinhood Markets has disclosed Tax Rate across 7 years of filings, most recently posting 15.82% for Q1 2026.
- In Q1 2026, Tax Rate rose 638.0% year-over-year to 15.82%; the TTM figure through Mar 2026 stood at 11.87% (up 3677.0% YoY), while the FY2025 annual figure was 10.67%, up 4329.0% from the prior year.
- Tax Rate grew to 15.82% in Q1 2026, from 8.47% in the prior quarter.
- Over the last five years, Tax Rate for HOOD reached as high as 15.82% in Q1 2026 and fell as low as 64.16% in Q4 2024.
- The 5-year median for Tax Rate is 1.19% (2022), against an average of 1.74%.
- Annual changes were most pronounced in 2024 — Tax Rate sank 6071 bps — and 2025, when it soared 7263 bps.
- A 5-year view of Tax Rate shows it 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 surged by 113 bps to 8.47% in 2025, then jumped by 87 bps to 15.82% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 15.82%, 8.47%, and 12.3% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 19.58% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 13.20% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 22.24% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -16.38% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 15.82% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 26.45% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 23.03% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 2.47% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 2.46% |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 2.73% |
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% |