Robinhood Markets, Inc. Reports May 2025 Operating Data
- Funded Customers at the end of May were 25.9 million (up about 5 thousand from
April 2025 , up 1.8 million year-over-year). In May, Funded Customers grew by approximately 5 thousand after the impact of required escheatment of approximately 100 thousand low-balance accounts.
- Total Platform Assets at the end of May were
$255 billion (up 10% fromApril 2025 , up 89% year-over-year). Net Deposits were$3.5 billion in May, or a 18% annualized growth rate relative toApril 2025 Total Platform Assets. Over the last twelve months, Net Deposits were$59.1 billion , or an annual growth rate of 44% relative toMay 2024 Total Platform Assets.
- Equity Notional Trading Volumes were
$180.5 billion (up 14% fromApril 2025 , up 108% year-over-year). Options Contracts Traded were 179.8 million (up 7% fromApril 2025 , up 36% year-over-year). Crypto Notional Trading Volumes were$11.7 billion (up 36% fromApril 2025 , up 65% year-over-year).
- Margin balances at the end of May were
$9.0 billion (up 7% from the end ofApril 2025 , up 100% year-over-year).
- Total Cash Sweep balances at the end of May were
$30.8 billion (up 7% from the end ofApril 2025 , up 52% year-over-year).
- Total Securities Lending Revenue in May was
$33 million (up 32% fromApril 2025 , up 43% year-over-year).
May 2025 results do not include the benefit of the Bitstamp acquisition which closed onJune 2, 2025 , including its approximately 500 thousand funded customers.
| May 2025 | April 2025 |
| May 2024 | Y/Y Change | |
| (M - in millions, B - in billions) | |||||
| Funded Customer Growth (M) | |||||
| Funded Customers | 25.9 | 25.9 | - | 24.1 | +7% |
| Asset Growth ($B) | |||||
| Total Platform Assets | +10% | +89% | |||
| Net Deposits1 | NM | NM | |||
| Trading | |||||
| Trading Days (Equities and Options) | 21 | 21 | - | 22 | (5%) |
| Total Trading Volumes | |||||
| Equity ($B) | +14% | +108% | |||
| Options Contracts (M) | 179.8 | 167.5 | +7% | 131.9 | +36% |
| Crypto ($B) | +36% | +65% | |||
| Daily Average Revenue Trades (DARTs) (M) | |||||
| Equity | 2.3 | 2.3 | - | 2.0 | +15% |
| Options | 1.2 | 1.2 | - | 0.8 | +50% |
| Crypto | 0.5 | 0.5 | - | 0.3 | +67% |
| Customer Margin and Cash Sweep ($B) | |||||
| Margin Book | +7% | +100% | |||
| Total Cash Sweep | +7% | +52% | |||
| Gold Cash Sweep | +7% | +47% | |||
| Non-Gold Cash Sweep | - | 186% | |||
| Total Securities Lending Revenue ($M) | +32% | +43% | |||
Note: Does not reflect the acquisition of Bitstamp, which closed on
1. Net Deposits do not include results from TradePMR.
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
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
Media
press@robinhood.com

Source: Robinhood Markets, Inc.