Robinhood Markets annual r&d spending
2019
2020
2021
2022
2023
2024
2025
Robinhood Markets R&D Spending Growth & History (HOOD)
Robinhood Markets's r&d spending was $355.0M for fiscal 2025.
View full Robinhood Markets company overviewRobinhood Markets annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $355.0M | $32.0M | +9.91% |
| 2024 | 2024-12-31 | $323.0M | −$26.0M | −7.45% |
| 2023 | 2023-12-31 | $349.0M | −$32.0M | −8.40% |
| 2022 | 2022-12-31 | $381.0M | −$57.0M | −13.01% |
| 2021 | 2021-12-31 | $438.0M | $386.0M | +742.31% |
| 2020 | 2020-12-31 | $52.0M | $24.3M | +87.73% |
| 2019 | 2019-12-31 | $27.7M | — | — |
Robinhood Markets quarterly r&d spending
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $256.0M | $42.0M | +19.63% |
| Q1 2026 | 2026-03-31 | $241.0M | — | — |
| Q4 2025 | 2025-12-31 | $232.0M | — | — |
| Q3 2025 | 2025-09-30 | $237.0M | — | — |
| Q2 2025 | 2025-06-30 | $214.0M | — | — |
Robinhood Markets r&d spending trends
Over the last five fiscal years, Robinhood Markets's r&d spending increased from $52.0M to $355.0M, a change of $303.0M. The latest reported quarter, Q2 2026, shows $256.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Robinhood Markets source filings ↗