HOOD · 10-Q · 2026Q1 · Full report

Platform Assets Composition

Robinhood Markets, Inc. · 2026-04-29 · Importance 84 · Surprise 74

Total Platform Assets increased 39% year-over-year to $307.3 billion as of March 31, 2026 from $220.6 billion at March 31, 2025, driven by Net Deposits, higher equity valuations, and acquired assets. Asset composition as of March 31, 2026 included equities of $207.5 billion, cryptocurrencies of $30.5 billion, RIA assets of $42.6 billion, options and futures of $2.0 billion, and cash held by customers of $41.6 billion. Net Deposits were $17.7 billion in Q1 2026 (annualized growth rate of 22% vs Q4 2025), and over the past twelve months Net Deposits totaled $67.8 billion, a 31% growth rate relative to Total Platform Assets at the end of Q1 2025. Acquired assets contributed materially in prior periods (e.g., $42.9 billion acquired assets in the prior comparable period) and remain a noted driver of platform asset growth.

Key facts

• Equities held in Total Platform Assets were $207.5 billion as of March 31, 2026 compared to $125.5 billion as of March 31, 2025.
• Receivables from Customers (primarily margin balances) were negative $16.9 billion as of March 31, 2026 compared to negative $8.8 billion as of March 31, 2025.
• Cash held by Customers was $41.6 billion as of March 31, 2026 compared to $34.0 billion as of March 31, 2025.
• Options and futures held in Total Platform Assets were $2.0 billion as of March 31, 2026 compared to $1.1 billion as of March 31, 2025.
• Cryptocurrencies held in Total Platform Assets were $30.5 billion as of March 31, 2026 compared to $27.5 billion as of March 31, 2025.
• RIA assets were $42.6 billion as of March 31, 2026 compared to $41.3 billion as of March 31, 2025.

Impact estimates