Robinhood Markets (HOOD) Tax Rate (2020 - 2026)
Robinhood Markets (HOOD) reported Tax Rate of 19.18% for Q2 2026, up 6.51 percentage points from 12.67% a year earlier and up 3.37 percentage points from the prior quarter.
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Analysis
Robinhood Markets (HOOD) Tax Rate (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Robinhood Markets' Tax Rate came in at 13.87%, up 31.19 percentage points year-over-year; for FY2025, it came in at 10.67%, up 43.29 percentage points from FY2024.
- Tax Rate has a five-year change of -35.48 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -32.61% in FY2024 (-31.11 pp), -1.50% in FY2023 (-1.40 pp), -0.10% in FY2022 (-0.04 pp) and -0.05% in FY2021 (-46.21 pp).
- The Q2 2026 figure ranks as the highest quarterly Tax Rate since Q4 2020.
- Year over year, Tax Rate has now increased in each of the last six quarters, with an average year-over-year change of +8.49 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q4 2025 (a gain of 72.63 percentage points); the low point was Q4 2024 (a drop of 60.71 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 15.82% (Q1 2026), 8.47% (Q4 2025) and 12.30% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.27 Bn | 97.61 Bn | - | 23.46% |
| 2 | Bank of New York Mellon | 98.55 Bn | 37.92 Bn | - | 20.95% |
| 3 | Intercontinental Exchange | 91.26 Bn | 85.07 Bn | - | 24.24% |
| 4 | Robinhood Markets | 85.47 Bn | 66.56 Bn | - | 19.18% |
| 5 | Nasdaq | 57.27 Bn | 54.71 Bn | 1.48 Bn | 23.11% |
| 6 | State Street | 46.11 Bn | 46.11 Bn | - | 21.96% |
| 7 | Interactive Brokers | 36.17 Bn | 29.63 Bn | - | 8.10% |
| 8 | Cboe Global Markets | 35.59 Bn | 27.25 Bn | 731.60 Mn | 28.62% |
| 9 | Northern Trust | 30.73 Bn | 30.73 Bn | - | 25.59% |
| 10 | Tradeweb Markets | 28.70 Bn | 21.41 Bn | - | 23.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.18% |
| Mar 31, 2026 | 15.82% |
| Dec 31, 2025 | 8.47% |
| Sep 30, 2025 | 12.30% |
| Jun 30, 2025 | 12.67% |
| Mar 31, 2025 | 9.43% |
| Sep 30, 2024 | 1.96% |
| Jun 30, 2024 | 1.57% |
| Mar 31, 2024 | 3.09% |
| Dec 31, 2020 | 31.87% |
| Jun 30, 2020 | 0.92% |
API Access
Robinhood Markets Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=HOOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HOOD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=HOOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();