HOOD · 10-Q · 2026Q1 · Full report

Capital Adequacy and Requirements

Robinhood Markets, Inc. · 2026-04-29 · Importance 42 · Surprise 6

Robinhood’s broker‑dealer subsidiaries (RHS, RHF, and TradePMR) are subject to the SEC/FINRA Net Capital Rule and must maintain minimum net capital, while FCM subsidiary RHD is subject to CFTC Regulation 1.17 administered by the CFTC and the NFA. The filing discloses regulatory net capital metrics as of March 31, 2026, including RHS net capital of $3,782 million and net capital in excess of required net capital of $3,407 million. These figures materially exceed the 3% of assets threshold and indicate regulatory capital buffers at the reporting date. The company confirms that, as of March 31, 2026, these subsidiaries were in compliance with their respective regulatory capital requirements.