Robinhood Markets, Inc. Payables to Broker Dealers and Clearing Organizations increased by 13.6% to $484.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 81.3%, from $267.00M to $484.00M. Over 5 years (FY 2020 to FY 2025), Payables to Broker Dealers and Clearing Organizations shows an upward trend with a 27.9% CAGR.
Increases often correlate with higher trading volumes and market activity, while decreases may signal lower transaction velocity.
Obligations arising from unsettled securities transactions, clearing house fees, or other operational services provided...
Common in all retail brokerage firms; varies based on trade volume and settlement cycles.
payables_to_brokers_dealers_clearing_orgs| 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 | $209.79M | $124.96M | $88.00M | $124.00M | $89.00M | $75.00M | $76.00M | $112.00M | $117.00M | $63.00M | $89.00M | $207.00M | $149.00M | $139.00M | $471.00M | $267.00M | $374.00M | $482.00M | $426.00M | $484.00M |
| QoQ Change | — | -40.4% | -29.6% | +40.9% | -28.2% | -15.7% | +1.3% | +47.4% | +4.5% | -46.2% | +41.3% | +132.6% | -28.0% | -6.7% | +238.8% | -43.3% | +40.1% | +28.9% | -11.6% | +13.6% |
| YoY Change | — | — | — | — | -57.6% | -40.0% | -13.6% | -9.7% | +31.5% | -16.0% | +17.1% | +84.8% | +27.4% | +120.6% | +429.2% | +29.0% | +151.0% | +246.8% | -9.6% | +81.3% |