Robinhood Markets (MEX:HOOD) Operating Income: MXN39,030 Mil (TTM As of Mar. 2026)


MEX:HOOD Robinhood Markets Inc MEX:HOOD
55 GF Score
Price MXN1,959.00
GF Value MXN1,091.83
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Robinhood Markets Operating Income?

Robinhood Markets MEX:HOOD -2.97% 55 Operating Income is MXN39,030 Mil as of Mar. 2026. GuruFocus rates MEX:HOOD with a GF Score™ of 55/100 and a GF Value™ of MXN1,091.83 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Robinhood Markets's Operating Income for the three months ended in Mar. 2026 was MXN7,411 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was MXN39,030 Mil.

Warning Sign:

Robinhood Markets Inc has recorded a loss in operating income at least once over the past 3 years.

Operating Margin % is calculated as Operating Income divided by its Revenue. Robinhood Markets's Operating Income for the three months ended in Mar. 2026 was MXN7,411 Mil. Robinhood Markets's Revenue for the three months ended in Mar. 2026 was MXN19,241 Mil. Therefore, Robinhood Markets's Operating Margin % for the quarter that ended in Mar. 2026 was 38.52%.

Robinhood Markets's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Robinhood Markets's annualized ROC % for the quarter that ended in Mar. 2026 was 7.20%. Robinhood Markets's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.19%.


Robinhood Markets  (MEX:HOOD) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Robinhood Markets's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=29645.76 * ( 1 - 15.82% )/( (326875.478 + 366298.234)/ 2 )
=24955.800768/346586.856
=7.20 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=686683.381 - 224152.959 - ( 188177.571 - max(0, 518041.995 - 653696.939+188177.571))
=326875.478

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=820019 - 312001.776 - ( 219746.482 - max(0, 641134.616 - 782853.606+219746.482))
=366298.234

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Robinhood Markets's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=29645.76/( ( (2772.878 + max(156811.641, 0)) + (2921.297 + max(163376.263, 0)) )/ 2 )
=29645.76/( ( 159584.519 + 166297.56 )/ 2 )
=29645.76/162941.0395
=18.19 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(331664.994 + 0 + 133854.374) - (224152.959 + 0 + 84554.768)
=156811.641

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(335390.188 + 0 + 227716.936) - (312001.776 + 0 + 87729.085)
=163376.263

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Robinhood Markets's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=7411.44/19240.891
=38.52 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Robinhood Markets Operating Income Related Terms


Robinhood Markets Operating Income Historical Data

* Premium members only.

The historical data trend for Robinhood Markets's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Robinhood Markets Operating Income Chart

Robinhood Markets Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial -33,663.47 -18,833.14 -9,098.20 21,981.91 37,703.94

Robinhood Markets Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,569.53 8,266.02 11,648.57 11,703.71 7,411.44
MEX:HOOD
55GF Score
Robinhood Markets Inc MEX:HOOD
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Robinhood Markets Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN39,030 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of MXN39,030 Mil mean?
Robinhood Markets (MEX:HOOD) has a Operating Income of MXN39,030 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Robinhood Markets and its competitors.
Is Robinhood Markets' Operating Income too high?
Robinhood Markets' current Operating Income is MXN39,030 Mil. Overall, Robinhood Markets has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Robinhood Markets' Operating Income compare to IBKR and LPLA?
Robinhood Markets' Operating Income of MXN39,030 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Capital Markets company?
A good Operating Income depends on the Capital Markets industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Robinhood Markets and its competitors. Robinhood Markets's current Operating Income is MXN39,030 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Robinhood Markets stock overvalued right now?
Based on GuruFocus' analysis, Robinhood Markets (MEX:HOOD) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,091.83, compared to a current price of MXN1,959.00 — trading 79.4% above its estimated fair value. The current Operating Income is MXN39,030 Mil. Robinhood Markets' overall GF Score™ is 55/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Robinhood Markets (MEX:HOOD), the current Operating Income is MXN39,030 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Robinhood Markets (MEX:HOOD) Overvalued in 2026?

Based on GuruFocus' analysis, Robinhood Markets stock appears to be overvalued. The current stock price of MXN1,959.00 is trading 79.4% above its estimated GF Value™ of MXN1,091.83. GuruFocus considers Robinhood Markets to be Significantly Overvalued.

Key valuation signals for MEX:HOOD:

  • Operating Income: MXN39,030 Mil
  • GF Value™: MXN1,091.83 vs. price of MXN1,959.00 (79.4% above fair value)
  • GF Score™: 55/100 with 5 warning signs

No single metric tells the full story. See the MEX:HOOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Robinhood Markets Business Description

Address 85 Willow Road, Menlo Park, CA, USA, 94025
Robinhood is a diversified financial services provider best known for its retail brokerage platform, which historically caters to a young, risk-seeking clientele that trades heavily on margin and in higher-risk asset classes like options, futures, cryptocurrencies, and more recently, in prediction markets. As those customers' financial needs have begun to mature, Robinhood has rolled out a suite of more conventional products, from retirement accounts to high-yield cash sweep accounts to nascent advisory services (Robinhood Strategies). With $322 billion in customer assets and 27 million active accounts at year-end 2025, the firm has emerged as a significant player in the large, quickly growing US brokerage market.
55GF Score

Get the complete analysis for MEX:HOOD

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,959.00
Price
MXN1,091.83
GF Value