Robinhood Markets, Inc. Reports October 2026 Operating Data

Q: How much did Robinhood receive in net deposits in October 2026?

Robinhood received $15.1 billion in October net deposits, representing a 46% annualized growth rate relative to September 2026 total platform assets. Over the last twelve months, net deposits were $80.5 billion, representing 23% annual growth relative to October 2025 total platform assets.

Q: How did Robinhood's High-Yield Cash program change cash sweep balances?

The February 2026 program update moved over $6 billion from cash sweep balances to free credit balances. Under the updated program, the first $10 thousand in enrolled balances per eligible customer are held as free credit balances, with customers continuing to earn the same interest rate. Robinhood gives funding growth in margin lending as the reason for the update.

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Rhea-AI Summary

Robinhood Markets (NASDAQ: HOOD) reported October 2026 operating data, with net deposits of $15.1 billion and growth in funded customers. Funded customers reached 28.9 million, up 7% year over year. Total platform assets were $383.2 billion, down 3% from September but up 12% year over year. Twelve-month net deposits totaled $80.5 billion, representing 23% annual growth relative to October 2025 platform assets.

Equity trading volume rose 1% month over month to $325.5 billion, while crypto volume fell 21% to $17.0 billion. Event contracts increased 5% to 5.9 billion. Margin balances rose 4% to $22.9 billion; cash and deposits fell 20% to $16.4 billion, and cash sweep balances declined 5% to $30.8 billion. Securities lending revenue was $34 million, up 6% monthly but down 43% annually, including negative $12 million of securities lending, net. The data are unaudited, and the latest-quarter figures are preliminary.

9 points · 0 major

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It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

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0 major · 12 points

How the balance works

Positive

Moderate pointOctober net deposits of $15.1 billion represented 46% annualized growth relative to September 2026 platform assets.
Moderate pointTwelve-month net deposits of $80.5 billion represented 23% annual growth relative to October 2025 platform assets.
Moderate pointFunded customers reached 28.9 million, up 1% month over month and 7% year over year.
Moderate pointMargin balances of $22.9 billion increased 4% month over month and 39% year over year.
Minor pointEquity trading volume of $325.5 billion increased 1% month over month and 2% year over year.

4 minor points

Minor pointOptions volume of 288.6 million contracts was flat month over month and up 8% year over year.
Minor pointEvent contracts reached 5.9 billion, up 5% month over month and 136% year over year.
Minor pointDaily average event volume reached 190 million contracts, up 2% monthly and 135% annually.
Minor pointDaily average options trades of 2.0 million were flat monthly and up 43% annually.

Negative

Moderate pointPlatform assets of $383.2 billion fell 3% month over month, despite increasing 12% year over year.
Moderate pointCrypto trading volume of $17.0 billion declined 21% month over month and 48% year over year.
Moderate pointCash and deposits of $16.4 billion fell 20% monthly, despite rising 12% annually; Robinhood said the decline largely reversed in early November.
Minor pointDaily average crypto volume of $548 million declined 23% monthly and 48% annually.
Minor pointDaily average crypto trades of 0.7 million fell 22% monthly and 36% annually.

7 minor points

Minor pointCash sweep balances of $30.8 billion declined 5% month over month and 10% year over year.
Minor pointSecurities lending revenue of $34 million fell 43% annually, despite increasing 6% monthly.
Minor pointSecurities lending, net was negative $12 million, unchanged monthly versus positive $24 million in October 2025.
Minor pointDaily average equity volume of $14.8 billion fell 4% monthly, despite rising 6% annually.
Minor pointDaily average options volume of 13.1 million contracts fell 4% monthly, despite rising 13% annually.
Minor pointDaily average equity trades of 4.3 million declined 4% monthly and 2% annually.
Minor pointLatest-quarter operating figures are preliminary, based on estimates and subject to completion of financial closing procedures.

News Explained

Robinhood said the October cash-and-deposit decline had largely reversed by early November, qualifying the month-end drop.

Robinhood reported October operating data; since July 2026, Total Platform Assets include Trump Account assets and Net Deposits include their contributions, while Funded Customers exclude Trump Accounts, so the measures use different account scopes.

At October month-end, Cash and Deposit balances were $16.4 billion, down 20% from September; the company attributed the decline mostly to strong customer net buying and said it had largely reversed in early November.

Key Figures

Funded customers: 28.9 million Total Platform Assets: $383.2 billion Net Deposits: $15.1 billion +5 more

Funded customers: 28.9 million; End of October; up approximately 130 thousand from September
Total Platform Assets: $383.2 billion; End of October; down 3% month-over-month and up 12% year-over-year
Net Deposits: $15.1 billion; October
Equity notional trading volume: $325.5 billion; October; up 1% month-over-month and 2% year-over-year
Crypto notional trading volume: $17.0 billion; October; down 21% month-over-month and 48% year-over-year
Event contracts traded: 5.9 billion; October; up 5% month-over-month and 136% year-over-year
Margin balances: $22.9 billion; End of October; up 4% month-over-month and 39% year-over-year
Total Securities Lending Revenue: $34 million; October; up 6% month-over-month and down 43% year-over-year

Historical Context

1 past event · Latest: Oct 27

1 event

Oct 27
Earnings report

24h Move

-3.3%

Q3 baseline showed 28.7 million funded customers and $396 billion in platform assets.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

average daily volumes, notional trading volumes, securities lending, free credit balances

4 terms

average daily volumes financial

"Average daily volumes (“ADVs”) were $14.8 billion"

Average daily volumes measure the typical number of shares or contracts traded in a security each trading day over a chosen period. Think of it like average foot traffic through a store: higher numbers mean more buyers and sellers, making it easier to trade large positions without moving the price and often implying tighter transaction costs, while lower numbers signal less liquidity and a higher chance of price swings when trades occur.

notional trading volumes financial

"Equity Notional Trading Volumes were $325 billion"

Notional trading volumes measure the total dollar value of securities or contracts traded over a period, calculated by multiplying the price by the number of units rather than simply counting shares or contracts. Think of it as the total cash flow passing through a market—like multiplying the price of a loaf by how many loaves sold—to show the economic weight of trading activity. Investors use it to gauge market interest, liquidity and potential price impact.

securities lending financial

"Total Securities Lending Revenue in October was $34 million"

Securities lending is when an owner of stocks or bonds temporarily loans them to another party, usually so the borrower can sell them short or meet settlement needs; the lender receives a fee and typically some form of security in return. Investors should care because lending can generate extra income on holdings and affects market liquidity and short-selling activity, much like renting out a spare room brings income while someone else uses the space.

View in glossary

free credit balances financial

"held as free credit balances where the customer continues to earn the same interest rate"

Free credit balances are uninvested cash that a brokerage firm owes to a customer—money from deposits, asset sales, dividends or interest that has not been used to buy other securities. They matter to investors because this is the cash a client can withdraw or use to trade, and brokers must account for and often segregate these funds separately from the firm’s operating money. Think of it as your broker’s short-term liability representing money sitting in your account ready to be spent or moved.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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11/12/2026 - 04:27 PM EST

MENLO PARK, Calif., Nov. 12, 2026 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for October 2026.

Funded Customers at the end of October were 28.9 million (up approximately 130 thousand from the end of September 2026, up approximately 1.8 million year-over-year).
Total Platform Assets at the end of October were $383 billion (down 3% from the end of September 2026, up 12% year-over-year).
Net Deposits were $15.1 billion in October, or a 46% annualized growth rate relative to September 2026 Total Platform Assets.
- Over the last twelve months, Net Deposits were $80.5 billion, or an annual growth rate of 23% relative to October 2025 Total Platform Assets.

Trading Volumes in October:
- Equity Notional Trading Volumes were $325 billion (up 1% from September 2026, up 2% year-over-year). Average daily volumes (“ADVs”)³ were $14.8 billion (down 4% from September 2026, up 6% year-over-year).
- Options Contracts Traded were 289 million (flat from September 2026, up 8% year-over-year). ADVs were 13.1 million contracts (down 4% from September 2026, up 13% year-over-year).
- Crypto Notional Trading Volumes were $17.0 billion (down 21% from September 2026, down 48% year-over-year), including Robinhood App Notional Trading Volumes of $6.8 billion (down 24% from September 2026, down 51% year-over-year) and Bitstamp Notional Trading Volumes of $10.2 billion (down 18% from September 2026, down 45% year-over-year). Robinhood App ADVs were $219 million (down 26% from September 2026, down 51% year-over-year), and Bitstamp ADVs were $328 million (down 21% from September 2026, down 45% year-over-year).
- Event Contracts Traded were 5.9 billion (up 5% from September 2026, up 136% year-over-year). ADVs were 190 million contracts (up 2% from September 2026, up 135% year-over-year).
Interest Earning Assets in October:
- Margin balances at the end of October were $22.9 billion (up 4% from the end of September 2026, up 39% year-over-year).

- Cash and Deposit balances at the end of October were $16.4 billion (down 20% from the end of September 2026, up 12% year-over-year). The month-over-month decline was mostly driven by strong customer net buying. This decline has largely reversed in early November.
- Cash Sweep balances at the end of October were $30.8 billion (down 5% from the end of September 2026, down 10% year-over-year).
Total Securities Lending Revenue in October was $34 million (up 6% from September 2026, down 43% year-over-year). This includes Securities Lending, Net revenues of ($12) million.

	October 2026	September 2026	M/M Change		October 2025	Y/Y Change
(M - in millions, B - in billions)
Funded Customer Growth (M)
Funded Customers¹	28.9	28.7	+1	%	27.1	+7%

Asset Growth ($B)
Total Platform Assets¹	$383.2	$395.9	(3	%)	$342.6	+12%
Net Deposits^1,2	$15.1	$6.1	NM		$5.6	NM

Trading
Equities and Options Trading Days	22	21	+5	%	23	(4%)
Crypto and Prediction Markets Trading Days	31	30	+3	%	31	-

Total Trading Volumes
Equity ($B)	$325.5	$323.6	+1	%	$320.1	+2%
Options Contracts (M)	288.6	287.9	-		266.7	+8%
Crypto ($B)	$17.0	$21.4	(21	%)	$32.5	(48%)
Robinhood App ($B)	$6.8	$8.9	(24	%)	$13.9	(51%)
Bitstamp ($B)	$10.2	$12.5	(18	%)	$18.6	(45%)
Event Contracts (B)	5.9	5.6	+5	%	2.5	+136%

Average Daily Trading Volumes³
Equity ($B)	$14.8	$15.4	(4	%)	$13.9	+6%
Options Contracts (M)	13.1	13.7	(4	%)	11.6	+13%
Crypto ($M)	$548	$713	(23	%)	$1,048	(48%)
Robinhood App ($M)	$219	$297	(26	%)	$448	(51%)
Bitstamp ($M)	$328	$416	(21	%)	$600	(45%)
Event Contracts (M)	190	187	+2	%	81	+135%

Daily Average Trades (DATs) (M)
Equity	4.3	4.5	(4	%)	4.4	(2%)
Options	2.0	2.0	-		1.4	+43%
Crypto	0.7	0.9	(22	%)	1.1	(36%)

Interest Earning Assets ($B)
Margin Book	$22.9	$22.1	+4	%	$16.5	+39%
Cash and Deposits⁴	$16.4	$20.4	(20	%)	$14.7	+12%
Cash Sweep⁴	$30.8	$32.3	(5	%)	$34.2	(10%)

Securities Lending ($M)
Total Securities Lending Revenue	$34	$32	+6	%	$60	(43%)
Securities Lending, Net	($12)	($12)	NM		$24	NM

1. Starting in July 2026, Total Platform Assets include Trump Account assets custodied by Robinhood, and Net Deposits include Trump Account contributions. Funded Customers do not include Trump Accounts.
2. Starting in June 2025, Net Deposits include results from Bitstamp. Starting in March 2026, Net Deposits include results from TradePMR. Starting in June 2026, Net Deposits include results from WonderFi.
3. Average daily volumes (“ADVs”) defined as Total Trading Volume in a given period divided by the applicable number of trading days in said period.
4. In February 2026, we updated our brokerage High-Yield Cash program to fund growth in margin lending. Under the updated program, the first $10 thousand in enrolled balances per eligible customer are held as free credit balances where the customer continues to earn the same interest rate. This resulted in over $6 billion of Cash Sweep balances moving to free credit balances in February 2026.

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much did Robinhood receive in net deposits in October 2026?

Robinhood received $15.1 billion in October net deposits, representing a 46% annualized growth rate relative to September 2026 total platform assets. Over the last twelve months, net deposits were $80.5 billion, representing 23% annual growth relative to October 2025 total platform assets.

Why did Robinhood cash and deposit balances fall in October 2026?

Robinhood attributed the October decline mostly to customer net buying and said it largely reversed in early November. Cash and deposit balances ended October at $16.4 billion, down 20% from September but up 12% year over year.

How did Robinhood's High-Yield Cash program change cash sweep balances?

The February 2026 program update moved over $6 billion from cash sweep balances to free credit balances. Under the updated program, the first $10 thousand in enrolled balances per eligible customer are held as free credit balances, with customers continuing to earn the same interest rate. Robinhood gives funding growth in margin lending as the reason for the update.

Robinhood Markets, Inc. Reports October 2026 Operating Data