Robinhood Markets, Inc. Fractional shares repurchase obligation increased by 1.0% to $3.82B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 50.9%, from $2.53B to $3.82B. Over 5 years (FY 2020 to FY 2025), Fractional shares repurchase obligation shows an upward trend with a 36.4% CAGR.
An increase suggests higher customer engagement with fractional trading, while a decrease may indicate reduced activity or changes in customer holding patterns.
This represents the obligation to repurchase fractional shares held by customers, which arises from the platform's abili...
Common among modern fintech brokerages; peers like Charles Schwab or Interactive Brokers may report similar obligations under customer payables.
current_liabilities_fractional_shares_repurchase_obligat_beb291| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.83B | $1.93B | $1.30B | $1.03B | $997.00M | $1.22B | $1.41B | $1.40B | $1.59B | $1.98B | $2.01B | $2.20B | $2.53B | $2.53B | $3.08B | $3.62B | $3.78B | $3.82B |
| QoQ Change | — | +5.2% | -32.8% | -20.7% | -3.1% | +22.1% | +15.8% | -0.9% | +14.0% | +24.1% | +1.8% | +9.4% | +14.9% | +0.0% | +21.8% | +17.4% | +4.5% | +1.0% |
| YoY Change | — | — | — | — | -45.7% | -36.9% | +8.6% | +35.7% | +59.7% | +62.3% | +42.7% | +57.7% | +58.9% | +28.2% | +53.3% | +64.4% | +49.5% | +50.9% |