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Robinhood Markets, Inc. logo

Robinhood Markets, Inc. Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Robinhood Markets, Inc. holds $45.5B in total assets. Shareholders' equity is $9.7B against $223.0M in total debt. Cash and equivalents total $11.8B. The current ratio is 1.22 and debt-to-equity is 0.023. Based on the Q1 2026 filing.

Total Assets$45.5BTotal Stockholders Equity$9.7BCash And Equivalents$11.8BTotal Current Assets$43.4BTotal Current Liabilities$35.6B
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$83.1B
P/E Ratio43.78
ROE21.51%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$397M$319M$369M$399M$463M$522M
Accrued Contingent Liabilities$128M$60M$45M$61M$71M$79M
Accrued expenses$266M$367M$519M$762M$914M$1B
Contract liabilities$11M$43M$50M$57M$57M$62M
Accounts payable and other current liabilities (Note 11)$397M$319M$369M$399M$463M$522M
Fractional shares repurchase obligation$2.5B$2.5B$3.1B$3.6B$3.8B$3.8B
Other accrued liabilities$266M$367M$519M$762M$914M$1B
Deferred revenue$7.4B$7.1B$10.5B$12.3B$12B$16.8B
Derivative Collateral Obligation to Return$3.1B$4B$6.1B$6.5B$2.3B$3.5B
Securities loaned$7.5B$9.1B$12.6B$15.7B$11.6B$13.4B
Operating lease liabilities, current$21M$22M$22M$22M$22M$21M
Payables to Broker Dealers and Clearing Organizations$471M$267M$374M$482M$426M$484M
Obligation to Return Securities Received as Collateral$3.1B$4B$6.1B$6.5B$2.3B$3.5B
Total current liabilities$18.1B$19.4B$27.1B$32.8B$28.8B$35.6B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$8.2B$9.2B$9.7B$14.4B$18B$18.1B
Cash and cash equivalents$8.7B$8.9B$13B$11.3B$9.9B$11.8B
Securities segregated for regulatory purposes$4.7B$4.4B$8.9B$8.4B$5.7B$10.9B
Contract assets$294M$198M$215M$223M$185M$179M
Deposits with clearing organizations$489M$641M$720M$1.4B$702M$694M
Other current assets$584M$243M$345M$326M$798M$853M
User-held fractional shares$2.5B$2.5B$3.1B$3.6B$3.8B$3.8B
Derivative Collateral Right to Reclaim$6.9B$8.5B$12.2B$15B$10.9B$13.3B
Digital Assets$35.2B$27.4B$41.1B$51.8B$38.2B$30.5B
Accrued investment income$3M$5M$6M$7M$9M$10M
Securities borrowed$3.2B$4.1B$6.2B$6.6B$2.4B$3.4B
Trading assets$0$0$0$0$0$0
Interest Receivable - Loans$3M$5M$6M$7M$9M$10M
Prepaid expenses and other current assets$100M$113M$124M$161M$185M$207M
Restricted cash$4.7B$54M$72M$68M$5.7B$74M
Total current assets$25.1B$26.2B$33.8B$40B$36.3B$43.4B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$12B$11.7B$11.4B$11.3B$11.3B$11.1B
Accumulated other comprehensive income (loss)-$1M$0$7M$7M$8M$2M
Convertible Preferred Stock Authorized Shares210M210M210M210M210M210M
Convertible Preferred Stock Issued Shares000000
Convertible Preferred Stock Outstanding Shares000000
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0$0$0$0$0$0
Noncontrolling interests$0———$11M$369M
Preferred stock$0$0$0$0$0$0
Preferred Stock Par Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Retained earnings-$4B-$3.7B-$3.3B-$2.8B-$2.2B-$1.8B
Share-Based Payment - Unrecognized Cost of Nonvested Awards—$471M$426M$341M—$627M
Total liabilities and stockholders' equity$26.2B$27.5B$35.3B$41.5B$38.1B$45.5B
Total stockholders' equity$8B$8B$8.1B$8.6B$9.2B$9.7B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Allowance for credit losses$40M$39M$40M$41M$41M$43M
Deferred Tax Assets and Other Non-Current Assets$533M$523M$501M$405M$697M$773M
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)—$11M$20M$18M—$12M
Goodwill$179M$292M$383M$386M$385M$401M
Indefinite-Lived Intangible Assets—$5M$44M$33M—$79M
Indefinite-Lived Intangible Assets, Gross—$5M$44M$33M—$79M
Indefinite-Lived Research and Development Assets—$5M$44M$33M—$79M
Indefinite-Lived Trademarks—$5M$44M$33M—$79M
Intangible Assets Gross (Excluding Goodwill)—$124M$212M$199M—$244M
Intangible assets, net$38M$104M$147M$138M$168M$124M
Net Investment in Lease$94M$98M$99M$95M$182M$181M
Crypto Asset, Fair Value$35.2B$27.4B$41.1B$51.8B$38.2B$30.5B
Deferred contract costs$195M$238M$267M$360M$428M$522M
Intangible assets — net—$104M$147M$138M—$124M
Other intangible assets—net$38M$109M$191M$172M$168M$203M
Operating lease right-of-use assets$94M$98M$99M$95M$182M$181M
Other non-current assets$533M$523M$501M$405M$697M$773M
Operating Lease Right-of-Use Assets in Other Assets$94M$98M$99M$95M$182M$181M
Other non-current assets$533M$523M$501M$405M$697M$773M
Accumulated depreciation—$15M$21M$27M—$41M
Property and equipment, net$139M$140M$149M$150M$154M$162M
Software and Technology Licenses, Net$533M$523M$501M$405M$697M$773M
Total assets$26.2B$27.5B$35.3B$41.5B$38.1B$45.5B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross Assets/Liabilities$7.5B$9.1B$12.6B$15.7B$11.6B$13.4B
Number of Class Action Lawsuits—————$6
Contract with Customer, Liability$11M$43M$50M$57M$57M$62M
Current retainage balances$8.2B$9.2B$9.7B$14.4B$18B$18.1B
Other contract costs$100M$113M$124M$161M$185M$207M
Unrecognized compensation cost related to non-vested awards—$471M$426M$341M—$627M
Thereafter—$32M$40M$45M—$33M
Finite-Lived Intangible Assets, Accumulated Amortization—$15M$21M$27M—$41M
2028—$16M$24M$23M—$19M
2030—$11M$20M$18M—$12M
Remainder of 2026—$14M$14M$7M—$20M
2027—$19M$28M$26M—$22M
2029—$12M$21M$19M—$18M
Trademarks—$5M$44M$33M—$79M
Indefinite- lived intangible impairment—$124M$212M$199M—$244M
Loss Contingency Accrual$128M$60M$45M$61M$71M$79M
Number of class action complaints—————$6
Noncontrolling interests in subsidiaries$0———$11M$369M
Number of classes of common stock—3.003.003.00—3.00
Off-Balance-Sheet, Credit Loss, Liability$40M$39M$40M$41M$41M$43M
Amount re-pledged with clearing organizations to meet deposit requirements$1.6B$1.6B$2.3B$2.9B$2.8B$2.8B
Preferred Stock, Par or Stated Value Per Share$0$0$0$0$0$0
Preferred Stock, Shares Authorized$210M$210M$210M$210M$210M$210M
Preferred Stock, Shares Issued$0$0$0$0$0$0
Preferred Stock, Shares Outstanding$0$0$0$0$0$0
Prepaid expenses$75M$89M$108M$128M$127M$182M
Prepaid ship and debits$17M$17M$15M$13M$11M—
Customer advance balance—$206M$202M$207M—$216M
Fails to deliver$471M$267M$374M$482M$426M$484M
Security Borrowed, Including Not Subject to Master Netting Arrangement, after Offset and Deduction$118M$119M$37M$142M$62M—
Securities borrowed, gross assets recognized$3.2B$4.1B$6.2B$6.6B$2.4B$3.4B
Security Loaned, Including Not Subject to Master Netting Arrangement, after Offset and Deduction$576M$575M$428M$710M$724M$45M
Fair value of securities pledged to counterparties$6.9B$8.5B$12.2B$15B$10.9B$13.3B
Security Borrowed, Including Not Subject to Master Netting Arrangement, after Offset and Deduction, Adjusted—————$101M
Remainder of Fiscal Year 2024—$14M$14M$7M—$20M
Remainder of Fiscal Year 2025—$14M$14M$7M—$20M

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating lease liabilities, non-current$110M$113M$112M$108M$199M$202M
Operating Lease Liabilities (Total)$131M$135M$134M$130M$221M$223M
Other non-current liabilities$111M$133M$130M$123M$215M$232M
Total liabilities$18.2B$19.6B$27.3B$32.9B$3.8B$3.8B