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Robinhood Markets, Inc. HOOD Securities lending, net — Interest Expense, Operating

Other product segments

Interest on segregated cash, cash equivalents, securities, and deposits, net
$24M

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Other financials

Income statement

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Revenue$1.3B+32.3%
Net income$561.0M+45.3%
EPS (diluted)$0.62+47.6%

Balance sheet

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Cash & equivalents$5.4B-58.7%
Total debt$2.2B+1,519%
Total equity$9.5B+18.2%
Total assets$56.6B+60.1%

Cash flow

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Operating cash flow$720.0M-79.5%
CapEx$1.0M-83.3%
Free cash flow$370.0M+129%

Valuation

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Market cap$84.98B-15.8%
P/E41×-15.5×
P/S17.2×-11.1×

Profitability

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Net margin42%-8.1pp
FCF margin-100.7%-128pp

Returns & leverage

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Return on equity23.5%0.0pp
Debt / equity0.2×+0.2×
Current ratio1.2×0.0×

Where this comes from

Reported directly by Robinhood Markets, Inc. in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseOperating.

The source filing: Robinhood Markets, Inc.’s 10-Q, filed April 29, 2026.

Filed
Apr 28, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001783879-26-000062
(in millions)Three Months Ended March 31, 20252026
Interest revenue$100$97
Interest expense(77)(93)
Securities lending, net$23$4

Item 1. Unaudited Financial Statements

FAQ

What is Robinhood Markets, Inc.'s securities lending, net — interest expense, operating?
Robinhood Markets, Inc. (HOOD) reported securities lending, net — interest expense, operating of $93M in Q1 2026.
How has Robinhood Markets, Inc.'s securities lending, net — interest expense, operating changed year-over-year?
Robinhood Markets, Inc.'s securities lending, net — interest expense, operating increased by 20.8% year-over-year, from $77M to $93M.
What does securities lending, net — interest expense, operating mean?
This metric represents the interest expense incurred by the firm in connection with its securities lending operations, primarily payments made to customers who provide the securities for lending. It reflects the cost of capital required to maintain a competitive securities lending program. Managing this expense is critical to maintaining net interest margins within the brokerage segment.

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