Robinhood Markets, Inc.

HOOD Financial Capital Markets

Robinhood Markets, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.5 billion, up 51.6% from fiscal 2024.

Revenue
+11.8%
EPS
−15.9%
Free cash flow
+175.8%
Total debt
+41.3%

Quarter to September 2026, against a year earlier

79.04 8.37 −9.58%
Market cap
$70.6B
P/E
35.8×
Fwd P/E
40.8×
Dividend yield
—
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Robinhood Markets, Inc. (HOOD) Operating margin

Alert me on Operating margin

Robinhood Markets, Inc.'s operating margin over the twelve months to 30 September 2026 was 45.7%, down 1.2 percentage points from fiscal 2025 (46.8%). Over the past ten years it has ranged from −90.4% (fiscal 2021) to 46.8% (fiscal 2025) — the current reading is the highest in ten years. That is above the Capital Markets industry median of 0.00% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 46.8% 11.09
FY2024 35.7% 64.46
FY2023 −28.7% 45.71
FY2022 −74.5% 15.96
FY2021 −90.4% (91.77)
FY2020 1.36% 39.89
FY2019 −38.5% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 48.1% 4.22
Jun 2026 43.9% 5.36
Mar 2026 38.5% (12.14)
Dec 2025 50.7% 0.82
23 more quarters

Against its own ten years

Low −90.4% High 46.8%
Ten-year median −28.7%
Current reading's percentile 83

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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