Robinhood Markets, Inc. Business Segments

Business, geographic, and product segment breakdowns

Robinhood Markets, Inc. generates $4.6B in annual revenue across 1 key segments: Other ($109.0M). Based on the Q1 2026 filing.

Latest FilingQ1 2026

Report Date2026-04-29

Market Cap$65.6B

P/E Ratio34.60

ROE21.51%

Products & Services

Segment	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Margin interest	$91.0M	$110.0M	$114.0M	$153.0M	$196.0M	$193.0M
Interest on segregated cash, securities, and deposits	$74.0M	$56.0M	$77.0M	$103.0M	$83.0M	$58.0M
Cash sweep	$50.0M	$48.0M	$60.0M	$64.0M	$57.0M	$45.0M
Interest on corporate cash and investments	$53.0M	$49.0M	$46.0M	$39.0M	$33.0M	$34.0M
Credit card, net	$8.0M	$10.0M	$13.0M	$17.0M	$24.0M	$32.0M
Securities lending, net	$26.0M	$23.0M	$54.0M	$87.0M	$26.0M	$4.0M
Other	—	$0.0	$1.0M	$1.0M	$2.0M	$1.0M

Segment	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Transaction-based revenues	$672.0M	$583.0M	$539.0M	$730.0M	$776.0M	$623.0M
Options	$222.0M	$240.0M	$265.0M	$304.0M	$314.0M	$260.0M
Cryptocurrencies	$358.0M	$252.0M	$160.0M	$268.0M	$221.0M	$134.0M
Event contracts	—	$3.0M	—	—	—	$104.0M
Other	$46.0M	$54.0M	$93.0M	$88.0M	$96.0M	$85.0M
Equities	$61.0M	$56.0M	$66.0M	$86.0M	$94.0M	$82.0M
Robinhood Gold subscription revenues	—	$38.0M	$44.0M	$47.0M	—	$50.0M
Other	$31.0M	$35.0M	$48.0M	$72.0M	$147.0M	$43.0M
Proxy revenues	$7.0M	$9.0M	$36.0M	$7.0M	$11.0M	$8.0M

Segment	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Securities lending, net	$56.8M	$77.0M	—	—	—	$93.0M
Interest on segregated cash, cash equivalents, securities, and deposits, net	—	$0.0	—	—	—	$24.0M

Segment	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Securities lending, net	$80.3M	$100.0M	—	—	—	$97.0M
Interest on segregated cash, cash equivalents, securities, and deposits, net	—	$56.0M	—	—	—	$82.0M

Segment	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Other	$7.0M	$7.0M	$13.0M	$34.0M	$35.0M	$27.0M

Segment	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Securities lending, net	$23.5M	$47.5M	$47.5M	$47.5M	$47.5M	—