Discontinued — last reported Q3 '18
Current Liabilities
Device Payment Plan Trade-in Liability
Robinhood Markets, Inc. Device Payment Plan Trade-in Liability increased by 8.8% to $62.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 44.2%, from $43.00M to $62.00M. Over 5 years (FY 2020 to FY 2025), Device Payment Plan Trade-in Liability shows an upward trend with a 94.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ3 2018
How to read this metric
An increase suggests higher participation in trade-in programs, potentially indicating aggressive customer acquisition or upgrade cycles.
Detailed definition
This represents the estimated financial obligation to customers who have traded in devices as part of a promotional fina...
Peer comparison
Common in telecommunications and hardware-reliant consumer platforms; peers typically report this as a component of accrued liabilities.
Metric ID:
device_payment_plan_trade_in_liabilityHistorical Data
20 periods
| 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 | $3.61M | $3.30M | $3.00M | $3.00M | $4.00M | $3.00M | $3.00M | $3.00M | $3.00M | $4.00M | $4.00M | $5.00M | $8.00M | $9.00M | $11.00M | $43.00M | $50.00M | $57.00M | $57.00M | $62.00M |
| QoQ Change | — | -8.5% | -9.0% | +0.0% | +33.3% | -25.0% | +0.0% | +0.0% | +0.0% | +33.3% | +0.0% | +25.0% | +60.0% | +12.5% | +22.2% | +290.9% | +16.3% | +14.0% | +0.0% | +8.8% |
| YoY Change | — | — | — | — | +11.0% | -9.0% | +0.0% | +0.0% | -25.0% | +33.3% | +33.3% | +66.7% | +166.7% | +125.0% | +175.0% | +760.0% | +525.0% | +533.3% | +418.2% | +44.2% |
Range$3.00M – $62.00M
CAGR+82.0%
Avg YoY Growth+178.6%
Median YoY Growth+55.4%
Current Streak14 quarters growth
Device Payment Plan Trade-in Liability at Other Companies
Frequently Asked Questions
- What is Robinhood Markets, Inc.'s device payment plan trade-in liability?
- Robinhood Markets, Inc. (HOOD) reported device payment plan trade-in liability of $62.00M in Q1 2026.
- How has Robinhood Markets, Inc.'s device payment plan trade-in liability changed year-over-year?
- Robinhood Markets, Inc.'s device payment plan trade-in liability increased by 44.2% year-over-year, from $43.00M to $62.00M.
- What is the long-term trend for Robinhood Markets, Inc.'s device payment plan trade-in liability?
- Over 5 years (2020 to 2025), Robinhood Markets, Inc.'s device payment plan trade-in liability has grown at a 94.3% compound annual growth rate (CAGR), from $2.06M to $57.00M.
- What does device payment plan trade-in liability mean?
- The estimated value owed to customers for devices traded in under promotional programs.