HOOD · 10-Q · 2026Q1 · Full report

Guidance / Outlook

Robinhood Markets, Inc. · 2026-04-29 · Importance 31 · Surprise 42

Management states liquidity needs will support core business investments, potential strategic acquisitions, and general capital needs including regulatory and SRO capital and cash deposit and collateral requirements under the rules of the DTC, NSCC, OCC and the CFTC. Based on current operations management believes primary sources of liquidity are adequate to meet current liquidity needs for the next 12 months. Management also explicitly warns that potential future Federal Reserve rate cuts would negatively impact net interest revenues and customers’ returns on cash deposits, identifying monetary policy as a near‑term headwind to earnings and customer cash yields. These forward‑looking statements frame the company’s 12‑month outlook on funding and interest‑rate sensitivity.