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
DateValue
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%