Robinhood Markets Operating Margin Growth & History (HOOD)
Robinhood Markets's operating margin was 46.81% for fiscal 2025.
View full Robinhood Markets company overviewRobinhood Markets annual operating margin history
2022
2023
2024
2025
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 46.81% | +11.10 pp |
| 2024 | 2024-12-31 | 35.72% | +64.46 pp |
| 2023 | 2023-12-31 | −28.74% | +42.39 pp |
| 2022 | 2022-12-31 | −71.13% | — |
Robinhood Markets quarterly operating margin
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 43.88% | −0.50 pp |
| Q1 2026 | 2026-03-31 | 38.52% | — |
| Q4 2025 | 2025-12-31 | 50.66% | — |
| Q3 2025 | 2025-09-30 | 49.84% | — |
| Q2 2025 | 2025-06-30 | 44.39% | — |
Robinhood Markets operating margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Robinhood Markets's operating margin increased from −71.13% to 46.81%, a change of +117.95 percentage points. The latest reported quarter, Q2 2026, shows 43.88%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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