HOOD · 10-Q · 2026Q1 · Full report

Regulatory Capital Compliance

Robinhood Markets, Inc. · 2026-04-29 · Importance 43 · Surprise 6

The company’s broker‑dealer and FCM subsidiaries compute and maintain net capital under SEC/FINRA and CFTC rules; RHS shows net capital of $3,782 million with excess net capital of $3,407 million as of March 31, 2026. Management notes that net capital and related requirements can fluctuate daily but states that as of the reporting date the subsidiaries were in compliance with regulatory capital requirements. Strong excess net capital provides buffer against operational and market volatility and supports continued clearing and custody activities. The disclosures indicate no immediate regulatory capital constraints on business operations.

Key facts

• As of March 31, 2026, net capital for RHS was $3,782 million with net capital in excess of required net capital of $3,407 million, and RHS, RHF, RHD, and TradePMR were in compliance with their respective regulatory capital requirements.