Discontinued — last reported Q3 '21

Non-Current Assets

Deferred contract costs

Robinhood Markets, Inc. Deferred contract costs increased by 22.0% to $522.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 119.3%, from $238.00M to $522.00M. Over 2 years (FY 2023 to FY 2025), Deferred contract costs shows an upward trend with a 374.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2020
Last reportedQ3 2021

How to read this metric

An increase suggests high investment in new long-term client engagements, while a decrease may indicate lower new business activity or accelerated amortization.

Detailed definition

These represent costs incurred to fulfill a contract that are expected to be recovered over a period exceeding one year....

Peer comparison

Common in IT services and consulting firms; peers often report this as 'Contract Acquisition Costs' or 'Deferred Implementation Costs'.

Metric ID: non_current_assets_deferred_costs

Historical Data

9 periods
 Q4 '23Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$19.00M$159.00M$159.00M$195.00M$238.00M$267.00M$360.00M$428.00M$522.00M
QoQ Change—+736.8%+0.0%+22.6%+22.1%+12.2%+34.8%+18.9%+22.0%
YoY Change———+926.3%—+67.9%+126.4%+119.5%+119.3%
Range$19.00M – $522.00M
CAGR+424.2%
Avg YoY Growth+271.9%
Median YoY Growth+119.5%
Current Streak8+ quarters growth

Frequently Asked Questions

What is Robinhood Markets, Inc.'s deferred contract costs?
Robinhood Markets, Inc. (HOOD) reported deferred contract costs of $522.00M in Q1 2026.
How has Robinhood Markets, Inc.'s deferred contract costs changed year-over-year?
Robinhood Markets, Inc.'s deferred contract costs increased by 119.3% year-over-year, from $238.00M to $522.00M.
What is the long-term trend for Robinhood Markets, Inc.'s deferred contract costs?
Over 2 years (2023 to 2025), Robinhood Markets, Inc.'s deferred contract costs has grown at a 374.6% compound annual growth rate (CAGR), from $19.00M to $428.00M.
What does deferred contract costs mean?
Capitalized costs related to long-term service contracts that will be recognized as expenses in future periods.