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Robinhood Markets, Inc. HOOD Technology and Development Expense

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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 hood:TechnologyAndDevelopmentExpense.

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 technology and development expense?
Robinhood Markets, Inc. (HOOD) reported technology and development expense of $241M in Q1 2026.
How has Robinhood Markets, Inc.'s technology and development expense changed year-over-year?
Robinhood Markets, Inc.'s technology and development expense increased by 12.6% year-over-year, from $214M to $241M.
What is the long-term trend for Robinhood Markets, Inc.'s technology and development expense?
Over 4 years (2021 to 2025), Robinhood Markets, Inc.'s technology and development expense has grown at a -7.7% compound annual growth rate (CAGR), from $1.23B to $897M.
What does technology and development expense mean?
Spending on software development, engineering talent, and platform infrastructure.
How do you interpret technology and development expense?
Higher spending signals a focus on product innovation, while lower spending may indicate a shift toward cost optimization or a mature product cycle.
How does technology and development expense compare across companies?
Common in technology and SaaS companies; often evaluated as a percentage of total revenue.