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Robinhood Markets, Inc. R&D Expense 2019-2024 | HOOD

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What is r&d expense?

Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.

What is Robinhood Markets, Inc.'s current r&d expense?

Robinhood Markets, Inc. (HOOD) annual r&d expense for 2024 was $323.0M, a 7.45% decline from 2023.

What was Robinhood Markets, Inc.'s r&d expense in 2023?

Robinhood Markets, Inc. annual r&d expense for 2023 was $349.0M, a 8.40% decline from 2022.

What was Robinhood Markets, Inc.'s r&d expense in 2022?

Robinhood Markets, Inc. annual r&d expense for 2022 was $381.0M, a 13.01% decline from 2021.

What is Robinhood Markets, Inc.'s 5-year r&d expense CAGR?

Robinhood Markets, Inc. r&d expense grew at a compound annual growth rate (CAGR) of 63.43% from FY2019 to FY2024, going from $27.7M to $323.0M over 5 years.

R&D Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Declining
CAGR+63.4%
FY2019
$27.7M
FY2024
$323.0M
192021222324
5 years selected
R&D Expense History
PeriodValueChangeSource
FY2024$323.0M-7.4%10-K
FY2023$349.0M-8.4%10-K
FY2022$381.0M-13.0%10-K
FY2021$438.0M+742.3%10-K
FY2020$52.0M+87.7%10-K
FY2019$27.7M-10-K
Company: Robinhood Markets, Inc.Ticker: HOODSector: OtherIndustry: Security Brokers, Dealers & Flotation CompaniesView company profile →