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Robinhood Markets, Inc. HOOD Payments to Develop Software

Payments to Develop Software at other companies

Circle Internet Group, Inc. logo
Circle Internet Group, Inc.CRCL
$15.6M+33.6%

Other financials

Income statement

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Revenue$1.1B+15.1%
Net income$350.0M+4.2%
EPS (diluted)$0.38+2.7%

Balance sheet

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Cash & equivalents$11.8B+32.4%
Total debt$223.0M+65.2%
Total equity$9.7B+21.8%
Total assets$45.5B+65.3%

Cash flow

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Operating cash flow$2.0B+217%

Valuation

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Market cap$97.39B+69.3%
Enterprise value$85.79B+81.0%
P/E51.3×+15.2×
P/S21.1×+3.5×

Profitability

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Net margin41.1%-7.7pp

Returns & leverage

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Return on equity21.5%+0.1pp
Debt / equity0.0×
Current ratio1.2×-0.1×

Where this comes from

Reported directly by Robinhood Markets, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToDevelopSoftware.

The official record: Robinhood Markets, Inc.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Robinhood Markets, Inc.'s payments to develop software?
Robinhood Markets, Inc. (HOOD) reported payments to develop software of $9M in Q1 2026.
How has Robinhood Markets, Inc.'s payments to develop software changed year-over-year?
Robinhood Markets, Inc.'s payments to develop software decreased by 0.0% year-over-year, from $9M to $9M.
What is the long-term trend for Robinhood Markets, Inc.'s payments to develop software?
Over 4 years (2021 to 2025), Robinhood Markets, Inc.'s payments to develop software has grown at a 18.2% compound annual growth rate (CAGR), from $20M to $39M.
What does payments to develop software mean?
Cash spent on building and improving internal software.
How do you interpret payments to develop software?
Higher spending indicates aggressive investment in product innovation and platform scalability, while lower spending may suggest a shift toward maintenance or cost optimization.
How does payments to develop software compare across companies?
Commonly reported by technology and fintech firms as capitalized software development costs.