Robinhood Markets, Inc. Reports April 2026 Operating Data
Rhea-AI Summary
Robinhood (NASDAQ: HOOD) reported April 2026 operating metrics showing growth in customers, assets, and several trading categories.
Funded customers reached 27.6M, total platform assets $345.4B (+12% M/M, +49% Y/Y), and net deposits $6.0B over the month. Equity and options volumes and interest-earning assets increased, while crypto volumes and cash sweep balances declined sequentially.
AI-generated analysis. Not financial advice.
Positive
- Total platform assets $345.4B, up 12% month-over-month and 49% year-over-year
- Funded customers 27.6M, up about 110K M/M and 1.65M Y/Y
- Equity notional trading volume $248.5B, up 15% M/M and 57% Y/Y
- Options contracts 224.8M, up 9% M/M and 34% Y/Y
- Margin book $18.0B, up 6% M/M and 114% Y/Y
- Total securities lending revenue $32M, up 28% year-over-year
Negative
- Net deposits $6.0B in April versus $7.6B in March 2026
- Total crypto trading volume $11.9B, down 33% month-over-month
- Robinhood app crypto volume $5.4B, down 5% M/M and 37% Y/Y
- Cash sweep balances $27.6B, down 4% year-over-year
- Total securities lending revenue $32M, down 3% from March 2026
- Securities Lending, Net $3M, down 67% year-over-year
News Market Reaction – HOOD
On the day this news was published, HOOD gained 5.15%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
HOOD was down 3.11% while peers were mixed: SCHW and LPLA were up, FUTU and TW were down, and IBKR was modestly positive, pointing to a stock-specific move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| May 07 | Quarter results update | Positive | -3.5% | Reported YoY growth in EBITDA, cash, AUM, and new investing app. |
| Apr 28 | Q1 2026 earnings | Positive | -13.2% | Net revenue and EPS grew YoY with higher assets and deposits. |
| Apr 22 | Strategic investment | Positive | +1.8% | $75M OpenAI stake via RVI to expand private market access. |
| Apr 14 | Product partnership | Positive | +10.3% | Pinwheel chosen to power Robinhood Banking direct deposits. |
| Apr 01 | Earnings date set | Neutral | -1.7% | Announced timing and call details for Q1 2026 earnings release. |
Recent fundamentally positive updates (notably Q1 2026 earnings and other growth news) twice coincided with negative price reactions, while partnership/strategy headlines saw positive moves, suggesting occasional sell-the-news on strong financials.
Over the last six weeks, HOOD has released several growth-focused updates. The Q1 2026-04-28 earnings showed higher net revenue and platform assets but the stock fell 13.24%. Earlier, a banking partnership on 2026-04-14 saw a strong 10.35% gain, and an OpenAI-related investment on 2026-04-22 drew a smaller positive reaction. An earnings-date announcement and another growth report from a related entity both saw modest declines. Today’s April operating metrics fit into a string of expanding customer, asset, and trading metrics against mixed price responses.
Market Pulse Summary
The stock moved +5.2% in the session following this news. A strong positive reaction aligns with solid April operating metrics: funded customers reached 27.6M, Total Platform Assets were $345.4B, and equity volumes grew 15% month-over-month. Historically, some upbeat financial releases have still seen selling, so sustained strength would depend on whether investors view this data as incremental to Q1 results. Prior divergences after good news highlight the risk that enthusiasm could fade once near-term catalysts are absorbed.
Key Terms
average daily volumes financial
net deposits financial
securities lending financial
daily average trades financial
segregated cash financial
AI-generated analysis. Not financial advice.
MENLO PARK, Calif., May 13, 2026 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for April 2026.
- Funded Customers at the end of April were 27.6 million (up approximately 110 thousand from the end of March 2026, up approximately 1.65 million year-over-year).
- Total Platform Assets at the end of April were
$345 billion (up12% from the end of March 2026, up49% year-over-year). - Net Deposits were
$6.0 billion in April, or a23% annualized growth rate relative to March 2026 Total Platform Assets.
- Over the last twelve months, Net Deposits were
$67.0 billion , or an annual growth rate of29% relative to April 2025 Total Platform Assets.
- Over the last twelve months, Net Deposits were
- Trading Volumes in April:
- Equity Notional Trading Volumes were
$249 billion (up15% from March 2026, up57% year-over-year). Average daily volumes (“ADVs”)1 were$11.8 billion (up20% from March 2026, up57% year-over-year). - Options Contracts Traded were 225 million (up
9% from March 2026, up34% year-over-year). ADVs were 10.7 million contracts (up14% from March 2026, up34% year-over-year). - Crypto Notional Trading Volumes were
$11.9 billion (down33% from March 2026, up38% year-over-year), including Robinhood App Notional Trading Volumes of$5.4 billion (down5% from March 2026, down37% year-over-year) and Bitstamp Notional Trading Volumes of$6.5 billion (down46% from March 2026). Robinhood App ADVs were$180 million (down2% from March 2026, down37% year-over-year), and Bitstamp ADVs were$217 million (down44% from March 2026). - Event Contracts Traded were 3.2 billion (up
7% from March 2026). ADVs were 107 million contracts (up10% from March 2026).
- Equity Notional Trading Volumes were
- Interest Earning Assets in April:
- Margin balances at the end of April were
$18.0 billion (up6% from the end of March 2026, up114% year-over-year). - Cash and Deposit balances at the end of April were
$18.1 billion (up8% from the end of March 2026, up59% year-over-year). - Cash Sweep balances at the end of April were
$27.6 billion (up6% from the end of March 2026, down4% year-over-year).
- Margin balances at the end of April were
- Total Securities Lending Revenue in April was
$32 million (down3% from March 2026, up28% year-over-year). This includes Securities Lending, Net revenues of$3 million .
| April 2026 | March 2026 | M/M Change | April 2025 | Y/Y Change | |
| (M - in millions, B - in billions) | |||||
| Funded Customer Growth (M) | |||||
| Funded Customers | 27.6 | 27.4 | +1% | 25.9 | +7% |
| Asset Growth ($B) | |||||
| Total Platform Assets | +12% | +49% | |||
| Net Deposits2 | NM | NM | |||
| Trading | |||||
| Equities and Options Trading Days | 21.0 | 22.0 | (5%) | 21.0 | - |
| Crypto and Prediction Markets Trading Days | 30 | 31 | (3%) | 30 | - |
| Total Trading Volumes | |||||
| Equity ($B) | +15% | +57% | |||
| Options Contracts (M) | 224.8 | 205.9 | +9% | 167.5 | 34% |
| Crypto ($B) | (33%) | +38% | |||
| Robinhood App ($B) | (5%) | (37%) | |||
| Bitstamp ($B) | (46%) | - | NA | ||
| Event Contracts (B) | 3.2 | 3.0 | +7% | 0.2 | NM |
| Average Daily Trading Volumes1 | |||||
| Equity ($B) | +20% | +57% | |||
| Options Contracts (M) | 10.7 | 9.4 | +14% | 8.0 | +34% |
| Crypto ($M) | (31%) | +38% | |||
| Robinhood App ($M) | (2%) | (37%) | |||
| Bitstamp ($M) | (44%) | - | NA | ||
| Event Contracts (M) | 107 | 97 | +10% | 7 | NM |
| Daily Average Trades (DATs) (M)3 | |||||
| Equity | 4.0 | 4.0 | +1% | 3.3 | +23% |
| Options | 1.3 | 1.2 | +8% | 1.2 | +7% |
| Crypto | 0.6 | 0.7 | (18%) | 0.5 | +20% |
| Interest Earning Assets ($B) | |||||
| Margin Book | +6% | +114% | |||
| Cash and Deposits4 5 | +8% | +59% | |||
| Cash Sweep5 | +6% | (4%) | |||
| Securities Lending ($M) | |||||
| Total Securities Lending Revenue | (3%) | +28% | |||
| Securities Lending, Net6 | +200% | (67%) | |||
1. Average daily volumes (“ADVs”) defined as Total Trading Volume in a given period divided by the applicable number of trading days in said period.
2. Starting in June 2025, Net Deposits include results from Bitstamp. Starting in March 2026, Net Deposits include results from TradePMR (March 2026 Net Deposits included TradePMR Net Deposits for all of Q1 2026).
3. Daily Average Trades (“DATs”) defined as the total number of trades for a given asset class executed during a given period divided by the number of trading days for a given asset class in that period. For crypto, the number of trading days is equal to the number of calendar days in the month.
4. We define Cash and Deposits as the period-end sum of cash and cash equivalents, restricted cash, segregated cash, cash equivalents, and securities under federal and other regulations, deposits with clearing organizations, and investments.
5. In February 2026, we updated our brokerage High-Yield Cash program to fund growth in margin lending. Under the updated program, the first
6. Securities Lending, Net includes net rebates for both margin based and fully paid securities lending, as well as interest on cash collateral for fully paid securities lending. It does not include interest on cash collateral for margin based securities lending.
For definitions and additional information regarding these metrics, please refer to Robinhood’s full monthly metrics release, which is available on investors.robinhood.com.
The information in this release is unaudited and the information for the months in the most recent fiscal quarter is preliminary, based on Robinhood’s estimates, and subject to completion of financial closing procedures. Final results for the most recent fiscal quarter, as reported in Robinhood’s quarterly and annual filings with the U.S. Securities and Exchange Commission (“SEC”), might vary from the information in this release.
About Robinhood
Robinhood Markets, Inc. (NASDAQ: HOOD) is a global leader in financial services offering retail brokerage, crypto, advisory, digital banking services, and private markets access to a new generation of investors. Additional information about Robinhood can be found at robinhood.com.
Robinhood uses the “Overview” tab of its Investor Relations website (accessible at investors.robinhood.com/overview) and its Newsroom (accessible at newsroom.aboutrobinhood.com), as means of disclosing information to the public in a broad, non-exclusionary manner for purposes of the SEC Regulation Fair Disclosure (Reg. FD). Investors should routinely monitor those web pages, in addition to Robinhood’s press releases, SEC filings, and public conference calls and webcasts, as information posted on them could be deemed to be material information.
“Robinhood” and the Robinhood feather logo are registered trademarks of Robinhood Markets, Inc. All other names are trademarks and/or registered trademarks of their respective owners.
Contacts
Investor Relations: ir@robinhood.com
Press: press@robinhood.com
