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Robinhood Markets, Inc. HOOD Total Operating Expenses

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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%
CapEx$1.0M-83.3%
Free cash flow$370.0M+129%

Valuation

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Market cap$84.17B+21.5%
Enterprise value$72.57B+20.0%
P/E44.4×+0.8×
P/S18.3×-3.0×

Profitability

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Net margin41.1%-7.7pp
FCF margin-100.7%-128pp

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:OperatingExpenses.

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 total operating expenses?
Robinhood Markets, Inc. (HOOD) reported total operating expenses of $656M 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 $557M to $656M.
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 sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.