Robinhood Markets, Inc. Deferred Revenue increased by 40.0% to $16.78B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 135.8%, from $7.12B to $16.78B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 15.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase suggests strong sales of subscription-based services or bundled offerings, providing a predictable pipeline for future revenue recognition.
Represents cash payments received from customers in advance of the company fulfilling its performance obligations, speci...
High-growth software and services companies typically maintain larger deferred revenue balances relative to pure hardware manufacturers.
deferred_revenue_current| Q2 '21 | Q3 '21 | 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 | $7.77B | $6.81B | $6.48B | $7.15B | $5.80B | $5.40B | $4.70B | $4.99B | $5.11B | $4.33B | $5.10B | $6.07B | $5.79B | $6.26B | $7.45B | $7.12B | $10.51B | $12.32B | $11.99B | $16.78B |
| QoQ Change | — | -12.3% | -4.9% | +10.4% | -18.9% | -6.9% | -12.9% | +6.1% | +2.5% | -15.4% | +17.8% | +19.2% | -4.7% | +8.2% | +18.9% | -4.5% | +47.7% | +17.2% | -2.7% | +40.0% |
| YoY Change | — | — | — | — | -25.4% | -20.8% | -27.4% | -30.3% | -11.8% | -19.8% | +8.4% | +21.8% | +13.3% | +44.8% | +46.1% | +17.2% | +81.6% | +96.6% | +60.9% | +135.8% |