Filing Flows

Filing Flows › Robinhood Markets (HOOD) › Q3 2026 › vs Q2 2026

Robinhood Markets (HOOD) Q3 2026 vs Q2 2026 (quarter over quarter)

Robinhood Markets's revenue rose $116M (+9%) from $1.3B in Q2 2026 to $1.4B in Q3 2026. Operating margin 43.3% against 53.3% (-10.0 pts).

Robinhood Markets, Q3 2026: revenue $1.4B (+12% year over year), operating margin 43.3%, net earnings $468M, operating cash flow $1.2B. The chart draws each line against Q2 2026, the increases inside each band.

Robinhood Markets: what changed, Q3 2026 vs Q2 2026Robinhood Markets: what changed, Q3 2026 vs Q2 2026Working capital & other$620MOperating cash flow$505MOther operating costs$232MCosts & expenses$196MNet earnings−$93.0MOperating profit−$80.0MPre-tax earnings−$80.0MGeneral & admin−$36.0MShare-based compensation−$25.0MIncome tax$13.0M

Margins

Q3 2026Q2 2026Change
Operating margin43.3%53.3%-10.0 pts
Net margin32.9%42.9%-10.0 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$1.4B$1.3B$116M+9%
Operating profit$617M$697M−$80.0M-11%
Costs & expenses$807M$611M$196M+32%
Pre-tax earnings$617M$697M−$80.0M-11%
General & admin$163M$199M−$36.0M-18%
Other operating costs$644M$412M$232M+56%
Net earnings$468M$561M−$93.0M-17%
Income tax$149M$136M$13.0M+10%
Depreciation & amortization$26.0M$23.0M$3.0M+13%
Share-based compensation$80.0M$105M−$25.0M-24%
Working capital & other$651M$31.0M$620M21×
Operating cash flow$1.2B$720M$505M+70%

Questions

How much did Robinhood Markets's revenue grow quarter over quarter in Q3 2026?

Robinhood Markets's revenue rose $116M (+9%) from $1.3B in Q2 2026 to $1.4B in Q3 2026. Operating margin 43.3% against 53.3% (-10.0 pts).

Q3 2026 results → · Compare in the interactive Sankey →