Discontinued — last reported Q3 '25

Products & Services · Interest Expense, Operating

Fully-Paid Securities Lending — Interest Expense, Operating

Robinhood Markets, Inc. Fully-Paid Securities Lending — Interest Expense, Operating increased by 33.3% to $8.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 166.7%, from $3.00M to $8.00M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ2 2023
Last reportedQ3 2025
Rolls up toInterest Expense

How to read this metric

An increase may signal higher payouts to customers to incentivize participation, which could compress margins if not offset by higher lending income.

Detailed definition

This metric represents the interest expense incurred by the platform in connection with its fully-paid securities lendin...

Peer comparison

Comparable to interest expense on customer cash balances or securities lending rebates at other financial services firms.

Metric ID: hood_segment_fully_paid_securities_lending_interest_expense_operating

Historical Data

8 periods
 Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25
Value$1.00M$2.00M$2.00M$4.00M$3.00M$4.00M$6.00M$8.00M
QoQ Change+100.0%+0.0%+100.0%-25.0%+33.3%+50.0%+33.3%
YoY Change+300.0%+50.0%+100.0%+50.0%+166.7%
Range$1.00M$8.00M
CAGR+228.1%
Avg YoY Growth+133.3%
Median YoY Growth+100.0%
Current Streak3 quarters growth

Frequently Asked Questions

What is Robinhood Markets, Inc.'s fully-paid securities lending — interest expense, operating?
Robinhood Markets, Inc. (HOOD) reported fully-paid securities lending — interest expense, operating of $8.00M in Q3 2025.
How has Robinhood Markets, Inc.'s fully-paid securities lending — interest expense, operating changed year-over-year?
Robinhood Markets, Inc.'s fully-paid securities lending — interest expense, operating increased by 166.7% year-over-year, from $3.00M to $8.00M.
What does fully-paid securities lending — interest expense, operating mean?
The total interest costs paid to customers for the use of their securities in the lending program.