Robinhood Markets, Inc. Reports October 2025 Operating Data

Rhea-AI Summary

Robinhood (NASDAQ: HOOD) reported October 2025 operating data showing continued growth across users, assets, trading volumes, and margin. Funded customers reached 27.1M (up ~210k M/M; +2.6M Y/Y). Total Platform Assets were $343B (+3% M/M; +115% Y/Y). Net deposits for October were $5.6B and trailing 12-month net deposits were $68.7B (43% annualized vs Oct 2024).

Trading: Equity volumes $320.1B (+153% Y/Y), options 266.7M contracts (+69% Y/Y), crypto $32.5B (+480% Y/Y). Margin balances $16.5B (+166% Y/Y). Total securities lending revenue was $60M (+216% Y/Y).

Positive

• Total Platform Assets $342.6B (+115% Y/Y)
• Equity trading $320.1B (+153% Y/Y)
• Crypto trading $32.5B (+480% Y/Y)
• Margin balances $16.5B (+166% Y/Y)
• Trailing 12-month Net Deposits $68.7B (43% annualized)

Negative

• Net Deposits fell from $9.2B in Sept to $5.6B in Oct
• Total Cash Sweep down 3% M/M to $34.2B

MENLO PARK, Calif., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for October 2025.

• Funded Customers at the end of October were 27.1 million (up approximately 210 thousand from September 2025, up approximately 2.6 million year-over-year).
  
  
• Total Platform Assets at the end of October were $343 billion (up 3% from the end of September 2025, up 115% year-over-year). Net Deposits were $5.6 billion in October, or a 20% annualized growth rate relative to September 2025 Total Platform Assets. Over the last twelve months, Net Deposits were $68.7 billion, or an annual growth rate of 43% relative to October 2024 Total Platform Assets.
  
  
• Equity Notional Trading Volumes were $320.1 billion (up 34% from September 2025, up 153% year-over-year). Options Contracts Traded were 266.7 million (up 22% from September 2025, up 69% year-over-year). Crypto Notional Trading Volumes were $32.5 billion (up 38% from September 2025, up 480% year-over-year), including Robinhood App Notional Trading Volumes of $13.9 billion (up 49% from September 2025, up 148% year-over-year) and Bitstamp Notional Trading Volumes of $18.6 billion (up 31% from September 2025).
  
  
• Margin balances at the end of October were $16.5 billion (up 19% from the end of September 2025, up 166% year-over-year).
  
  
• Total Cash Sweep balances at the end of October were $34.2 billion, including the impact of record customer net buying (down 3% from the end of September 2025, up 34% year-over-year).
  
  
• Total Securities Lending Revenue in October was $60 million (up 2% from September 2025, up 216% year-over-year).
  
  

	October 2025		September 2025		M/M Change		October 2024		Y/Y Change
(M - in millions, B - in billions)
Funded Customer Growth (M)
Funded Customers		27.1		26.8	+1	%		24.4	+11	%
Asset Growth ($B)
Total Platform Assets	$	342.6	$	332.7	+3	%	$	159.7	+115	%
Net Deposits1	$	5.6	$	9.2	NM		$	5.2	NM
Trading
Trading Days (Equities and Options)		23		21	+10	%		23	-
Total Trading Volumes
Equity ($B)	$	320.1	$	238.8	+34	%	$	126.4	+153	%
Options Contracts (M)		266.7		218.8	+22	%		158.0	+69	%
Crypto ($B)2	$	32.5	$	23.5	+38	%	$	5.6	+480	%
Robinhood App ($B)	$	13.9	$	9.3	+49	%	$	5.6	+148	%
Bitstamp ($B)	$	18.6	$	14.2	+31	%		-	NA
Daily Average Revenue Trades (DARTs) (M)
Equity		3.1		3.0	+3	%		2.0	+55	%
Options		1.4		1.3	+8	%		0.9	+56	%
Crypto3		0.6		0.5	+20	%		0.2	+200	%
Customer Margin and Cash Sweep ($B)
Margin Book	$	16.5	$	13.9	+19	%	$	6.2	+166	%
Total Cash Sweep	$	34.2	$	35.4	(3	%)	$	25.5	+34	%
Gold Cash Sweep	$	32.4	$	33.5	(3	%)	$	24.8	+31	%
Non-Gold Cash Sweep	$	1.8	$	1.9	(5	%)	$	0.7	+157	%
Total Securities Lending Revenue ($M)	$	60	$	59	+2	%	$	19	+216	%

1. Starting in June 2025, Net Deposits include results from Bitstamp. Net Deposits do not include results from TradePMR.
2. Refer to Robinhood’s full monthly metrics release for the definition of Notional Trading Volume.
3. Crypto DARTs do not include Bitstamp Institutional activity.

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) transformed financial services by introducing commission-free stock trading and democratizing access to the markets for millions of investors. Today, Robinhood, through its subsidiaries, lets you trade stocks, options, futures (which includes event contracts), and crypto, invest for retirement, earn with Robinhood Gold, and access an expert-managed portfolio with Robinhood Strategies. Headquartered in Menlo Park, California, Robinhood puts customers in the driver’s seat, delivering unprecedented value and products intentionally designed for a new generation of investors. Additional information about Robinhood can be found at www.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

FAQ

How many funded customers did Robinhood (HOOD) report for October 2025?

Robinhood reported 27.1 million funded customers at the end of October 2025, up ~210k from September 2025.

What were Robinhood's Total Platform Assets (HOOD) at October 2025 month-end?

Total Platform Assets were $342.6 billion at the end of October 2025, a 115% increase year-over-year.

What were Robinhood's trading volumes for October 2025 and how did they change year-over-year?

Equity notional volume was $320.1B (+153% Y/Y), options were 266.7M contracts (+69% Y/Y), and crypto was $32.5B (+480% Y/Y).

How much were Robinhood's Net Deposits in October 2025 and the trailing 12 months?

Net Deposits were $5.6B in October 2025; over the last 12 months Net Deposits were $68.7B (43% annual growth vs Oct 2024).

What was Robinhood's margin exposure at the end of October 2025?

Customer margin balances were $16.5B at the end of October 2025, up 166% year-over-year.

What did Robinhood report for securities lending revenue in October 2025?

Total securities lending revenue was $60 million in October 2025, a 216% increase year-over-year.