Total Operating Expenses
Robinhood Markets, Inc. Total Operating Expenses increased by 3.6% to $656.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.8%, from $557.00M to $656.00M. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows a downward trend with a -8.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.
Detailed definition
Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...
Peer comparison
Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.
total_operating_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $501.00M | $1.71B | $783.00M | $690.00M | $610.00M | $535.00M | $534.00M | $950.00M | $466.00M | $540.00M | $445.00M | $460.00M | $493.00M | $486.00M | $458.00M | $557.00M | $550.00M | $639.00M | $633.00M | $656.00M |
| QoQ Change | — | +240.9% | -54.2% | -11.9% | -11.6% | -12.3% | -0.2% | +77.9% | -50.9% | +15.9% | -17.6% | +3.4% | +7.2% | -1.4% | -5.8% | +21.6% | -1.3% | +16.2% | -0.9% | +3.6% |
| YoY Change | — | — | — | — | +21.8% | -68.7% | -31.8% | +37.7% | -23.6% | +0.9% | -16.7% | -51.6% | +5.8% | -10.0% | +2.9% | +21.1% | +11.6% | +31.5% | +38.2% | +17.8% |
Total Operating Expenses at Other Companies
Frequently Asked Questions
- What is Robinhood Markets, Inc.'s total operating expenses?
- Robinhood Markets, Inc. (HOOD) reported total operating expenses of $656.00M in Q1 2026.
- How has Robinhood Markets, Inc.'s total operating expenses changed year-over-year?
- Robinhood Markets, Inc.'s total operating expenses increased by 17.8% year-over-year, from $557.00M to $656.00M.
- What is the long-term trend for Robinhood Markets, Inc.'s total operating expenses?
- Over 4 years (2021 to 2025), Robinhood Markets, Inc.'s total operating expenses has grown at a -8.9% compound annual growth rate (CAGR), from $3.46B to $2.38B.
- What does total operating expenses mean?
- The total cost of running the business, including all non-production expenses.