Robinhood Markets, Inc. Reports January 2026 Operating Data
- Funded Customers at the end of January were 27.2 million (up approximately 190 thousand from the end of
December 2025 , up approximately 1.75 million year-over-year). - Total Platform Assets at the end of January were
$324 billion (up 1% from the end ofDecember 2025 1, up 59% year-over-year). - Net Deposits were
$4.5 billion in January, or a 17% annualized growth rate relative toDecember 2025 Total Platform Assets1.
- Over the last twelve months, Net Deposits were
$67.0 billion , or an annual growth rate of 33% relative toJanuary 2025 Total Platform Assets.
- Over the last twelve months, Net Deposits were
- Trading Volumes in January:
- Equity Notional Trading Volumes were
$227.3 billion (up 21% fromDecember 2025 , up 57% year-over-year). - Options Contracts Traded were 200.0 million (roughly flat to
December 2025 , up 20% year-over-year). - Crypto Notional Trading Volumes were
$22.9 billion (up 8% fromDecember 2025 , up 12% year-over-year), including Robinhood App Notional Trading Volumes of$8.7 billion (up 7% fromDecember 2025 , down 57% year-over-year) and Bitstamp Notional Trading Volumes of$14.2 billion (up 8% from December 2025). - Event Contracts Traded were 3.4 billion (up 17% from December 2025).
- Equity Notional Trading Volumes were
- Margin balances at the end of January were
$18.4 billion (up 10% from the end ofDecember 2025 , up 122% year-over-year). - Total Cash Sweep balances at the end of January were
$31.5 billion , including the impact of record customer net buying (down 4% from the end ofDecember 2025 , up 20% year-over-year). - Total Securities Lending Revenue in January was
$34 million (down 11% fromDecember 2025 , up 36% year-over-year). - Quarter-to-date through
February 17 , we've deployed$173 million to repurchase approximately 2.1 million of our shares2 for an average price per share of approximately$84 , more than twice the amount of shares repurchased in Q4 2025.
| January 2026 |
December 2025 |
M/M Change |
January 2025 |
Y/Y Change |
|
| (M - in millions, B - in billions) | |||||
| Funded Customer Growth (M) | |||||
| Funded Customers | 27.2 | 27.0 | +1% | 25.5 | +7 |
| Asset Growth ($B) | |||||
| Total Platform Assets1 | +1% | +59% | |||
| Net Deposits3 | NM | NM | |||
| Trading | |||||
| Trading Days (Equities and Options) | 20 | 22 | (9%) | 20 | - |
| Total Trading Volumes | |||||
| Equity ($B) | +21% | +57% | |||
| Options Contracts (M) | 200.0 | 199.4 | - | 166.6 | +20% |
| Crypto ($B)4 | +8% | +12% | |||
| Robinhood App ($B) | +7% | (57%) | |||
| Bitstamp ($B) | +8% | - | NA | ||
| Event Contracts (B) | 3.4 | 2.9 | +17% | - | NA |
| Daily Average Revenue Trades (DARTs) (M) | |||||
| Equity | 2.8 | 2.7 | +4% | 2.6 | +8% |
| Options | 1.3 | 1.1 | +18% | 1.1 | +18% |
| Crypto5 | 0.5 | 0.5 | - | 0.9 | (44%) |
| Customer Margin and Cash Sweep ($B) | |||||
| Margin Book | +10% | +122% | |||
| Total Cash Sweep | (4%) | +20% | |||
| Gold Cash Sweep6 | (4%) | +18% | |||
| Non-Gold Cash Sweep | - | +71% | |||
| Total Securities Lending Revenue ($M) | (11%) | +36% | |||
1. Subsequent to the release of our preliminary earnings results for the fourth quarter and full year 2025 on
2. Shares of our Class A Common Stock.
3. Starting in
4. Refer to Robinhood’s full monthly metrics release for the definition of Notional Trading Volume.
5. Crypto DARTs do not include Bitstamp Institutional activity.
6. Starting in
For definitions and additional information regarding these metrics, please refer to Robinhood’s full monthly metrics release, which is available on investors.robinhood.com.
The information in this release is unaudited and the information for the months in the most recent fiscal quarter is preliminary, based on Robinhood’s estimates, and subject to completion of financial closing procedures. Final results for the most recent fiscal quarter, as reported in Robinhood’s quarterly and annual filings with the U.S. Securities and Exchange Commission (“SEC”), might vary from the information in this release.
About Robinhood
Robinhood uses the “Overview” tab of its Investor Relations website (accessible at investors.robinhood.com/overview) and its Newsroom (accessible at newsroom.aboutrobinhood.com), as means of disclosing information to the public in a broad, non-exclusionary manner for purposes of the SEC Regulation Fair Disclosure (Reg. FD). Investors should routinely monitor those web pages, in addition to Robinhood’s press releases,
“Robinhood” and the Robinhood feather logo are registered trademarks of
Contacts
Investor Relations: ir@robinhood.com
Press: press@robinhood.com
Source: Robinhood Markets, Inc.