Robinhood reported growth in funded customers and trading volumes for May 2026, alongside increased platform assets and net deposits.
Quiver AI Summary
Robinhood Markets, Inc. announced its monthly operating data for May 2026, revealing significant growth in various metrics. The company reported 27.7 million funded customers, an increase of about 110,000 from April and up 1.76 million year-over-year. Total platform assets rose to $377 billion, marking a 9% month-over-month increase and a substantial 48% year-over-year growth. Net deposits for May reached $5.6 billion, driven by an annualized growth rate of 19%. Trading activities saw equity notional trading volumes of $315 billion, up 27% from April, and average daily volumes increased by 34%. The trading of options contracts also rose, totaling 231 million, while crypto trading volumes remained stable with a slight increase. Interest-earning assets, including margin balances and cash deposits, all showed positive growth percentages compared to previous months and years. Overall, the data reflects Robinhood's continued expansion and stronger market presence.
Potential Positives
- Funded Customers increased to 27.7 million, marking a year-over-year growth of approximately 1.76 million.
- Total Platform Assets rose to $377 billion, reflecting a 48% year-over-year increase.
- Net Deposits for May reached $5.6 billion, contributing to a 27% annual growth rate relative to the previous year.
- Equity Trading Volumes were $315 billion, up 75% year-over-year, highlighting significant growth in trading activity.
Potential Negatives
- Net Deposits decreased from $6.0 billion in April 2026 to $5.6 billion in May 2026, indicating a potential slowdown in customer funding activities.
- Crypto Notional Trading Volumes through the Robinhood App fell significantly, with a 50% year-over-year decrease, suggesting declining user interest or market engagement in this segment.
- Cash Sweep balances experienced a 6% year-over-year decline, which could signal issues with customer retention or satisfaction with current cash management offerings.
FAQ
What were Robinhood's funded customers in May 2026?
Robinhood reported 27.7 million funded customers at the end of May 2026, up approximately 110,000 from April 2026.
How much were Robinhood's total platform assets in May 2026?
Total platform assets at the end of May 2026 were $377 billion, marking a 9% increase from April 2026.
What was the trading volume for equities in May 2026?
Equity notional trading volumes in May 2026 were reported at $315 billion, which is a 27% increase from April 2026.
What growth did Robinhood see in net deposits?
Net deposits in May 2026 were $5.6 billion, showing a 19% annualized growth rate compared to April 2026.
How did margin balances change in May 2026?
Margin balances increased to $19.5 billion at the end of May 2026, an 8% rise from April 2026.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HOOD Insider Trading Activity
$HOOD insiders have traded $HOOD stock on the open market 86 times in the past 6 months. Of those trades, 2 have been purchases and 84 have been sales.
Here’s a breakdown of recent trading of $HOOD stock by insiders over the last 6 months:
- VLADIMIR TENEV (Chief Executive Officer) has made 0 purchases and 8 sales selling 750,000 shares for an estimated $71,797,464.
- MEYER MALKA has made 2 purchases buying 430,000 shares for an estimated $35,122,058 and 0 sales.
- BAIJU BHATT has made 0 purchases and 16 sales selling 257,799 shares for an estimated $19,586,606.
- JASON WARNICK sold 125,000 shares for an estimated $10,636,025
- DANIEL MARTIN JR GALLAGHER (Chief Legal Officer) has made 0 purchases and 20 sales selling 50,000 shares for an estimated $4,274,832.
- JEFFREY TSVI PINNER (Chief Technology Officer) has made 0 purchases and 25 sales selling 40,933 shares for an estimated $3,844,431.
- STEVEN M. QUIRK (Chief Brokerage Officer) has made 0 purchases and 3 sales selling 19,377 shares for an estimated $1,656,326.
- SHIV VERMA (Chief Financial Officer) has made 0 purchases and 11 sales selling 16,348 shares for an estimated $1,285,845.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$HOOD Revenue
$HOOD had revenues of $1.1B in Q1 2026. This is an increase of 15.1% from the same period in the prior year.
You can track HOOD financials on Quiver Quantitative's HOOD stock page.
You can access data on HOOD stock through the Quiver Quantitative API.
$HOOD Congressional Stock Trading
Members of Congress have traded $HOOD stock 7 times in the past 6 months. Of those trades, 2 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $HOOD stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 5 times. They made 2 purchases worth up to $30,000 on 04/14, 01/30 and 3 sales worth up to $45,000 on 03/13, 02/24, 12/24.
- REPRESENTATIVE JONATHAN L. JACKSON has traded it 2 times. They made 0 purchases and 2 sales worth up to $65,000 on 01/20, 12/22.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$HOOD Hedge Fund Activity
We have seen 689 institutional investors add shares of $HOOD stock to their portfolio, and 864 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ALYESKA INVESTMENT GROUP, L.P. added 7,954,874 shares (+inf%) to their portfolio in Q1 2026, for an estimated $529,944,160
- FMR LLC removed 3,375,703 shares (-15.7%) from their portfolio in Q1 2026, for an estimated $224,885,283
- BNP PARIBAS FINANCIAL MARKETS added 3,144,972 shares (+183.6%) to their portfolio in Q1 2026, for an estimated $209,514,260
- AMUNDI added 3,007,103 shares (+89.0%) to their portfolio in Q1 2026, for an estimated $200,329,593
- JENNISON ASSOCIATES LLC removed 2,962,334 shares (-67.1%) from their portfolio in Q1 2026, for an estimated $197,347,136
- TWO SIGMA INVESTMENTS, LP added 2,669,821 shares (+1998.1%) to their portfolio in Q1 2026, for an estimated $177,860,271
- CORIENT PRIVATE WEALTH LLC removed 2,480,374 shares (-96.9%) from their portfolio in Q1 2026, for an estimated $165,239,539
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$HOOD Analyst Ratings
Wall Street analysts have issued reports on $HOOD in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 02/11/2026
- Barclays issued a "Overweight" rating on 01/08/2026
- Truist Securities issued a "Buy" rating on 12/17/2025
To track analyst ratings and price targets for $HOOD, check out Quiver Quantitative's $HOOD forecast page.
$HOOD Price Targets
Multiple analysts have issued price targets for $HOOD recently. We have seen 16 analysts offer price targets for $HOOD in the last 6 months, with a median target of $100.0.
Here are some recent targets:
- Ramsey El-Assal from Cantor Fitzgerald set a target price of $110.0 on 06/09/2026
- Will Nance from Goldman Sachs set a target price of $105.0 on 06/04/2026
- Alex Markgraff from Keybanc set a target price of $100.0 on 06/01/2026
- Dan Dolev from Mizuho set a target price of $115.0 on 05/29/2026
- Devin Ryan from Citizens set a target price of $155.0 on 05/28/2026
- Stephen Biggar from Argus Research set a target price of $90.0 on 04/30/2026
- John Todaro from Needham set a target price of $85.0 on 04/29/2026
Full Release
MENLO PARK, Calif., June 09, 2026 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for May 2026.
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Funded Customers at the end of May were 27.7 million (up approximately 110 thousand from the end of April 2026, up approximately 1.76 million year-over-year).
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Total Platform Assets at the end of May were $377 billion (up 9% from the end of April 2026, up 48% year-over-year).
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Net Deposits were $5.6 billion in May, or a 19% annualized growth rate relative to April 2026 Total Platform Assets.
- Over the last twelve months, Net Deposits were $69.1 billion, or an annual growth rate of 27% relative to May 2025 Total Platform Assets.
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Trading Volumes in May:
- Equity Notional Trading Volumes were $315 billion (up 27% from April 2026, up 75% year-over-year). Average daily volumes (“ADVs”) 1 were $15.8 billion (up 34% from April 2026, up 84% year-over-year).
- Options Contracts Traded were 231 million (up 3% from April 2026, up 29% year-over-year). ADVs were 11.6 million contracts (up 8% from April 2026, up 35% year-over-year).
- Crypto Notional Trading Volumes were $12.2 billion (up 3% from April 2026, up 4% year-over-year), including Robinhood App Notional Trading Volumes of $5.9 billion (up 9% from April 2026, down 50% year-over-year) and Bitstamp Notional Trading Volumes of $6.3 billion (down 3% from April 2026). Robinhood App ADVs were $190 million (up 6% from April 2026, down 50% year-over-year), and Bitstamp ADVs were $203 million (down 6% from April 2026).
- Event Contracts Traded were 3.9 billion (up 22% from April 2026). ADVs were 126 million contracts (up 18% from April 2026).
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Interest Earning Assets in May:
- Margin balances at the end of May were $19.5 billion (up 8% from the end of April 2026, up 117% year-over-year).
- Cash and Deposit balances at the end of May were $18.6 billion (up 3% from the end of April 2026, up 54% year-over-year).
- Cash Sweep balances at the end of May were $28.8 billion (up 4% from the end of April 2026, down 6% year-over-year).
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Total Securities Lending Revenue in May was $36 million (up 13% from April 2026, up 9% year-over-year). This includes Securities Lending, Net revenues of $5 million.
|
May
2026 |
April
2026 |
M/M
Change |
May
2025 |
Y/Y
Change |
|
| (M - in millions, B - in billions) | |||||
| Funded Customer Growth (M) | |||||
| Funded Customers | 27.7 | 27.6 | - | 25.9 | +7% |
| Asset Growth ($B) | |||||
| Total Platform Assets | $377.0 | $345.4 | +9% | $255.3 | +48% |
| Net Deposits 2 | $5.6 | $6.0 | NM | $3.5 | NM |
| Trading | |||||
| Equities and Options Trading Days | 20.0 | 21.0 | (5 %) | 21.0 | (5 %) |
| Crypto and Prediction Markets Trading Days | 31 | 30 | +3% | 31 | - |
| Total Trading Volumes | |||||
| Equity ($B) | $315.3 | $248.5 | +27% | $180.5 | +75% |
| Options Contracts (M) | 231.1 | 224.8 | +3% | 179.8 | +29% |
| Crypto ($B) | $12.2 | $11.9 | +3% | $11.7 | +4% |
| Robinhood App ($B) | $5.9 | $5.4 | +9% | $11.7 | (50 %) |
| Bitstamp ($B) | $6.3 | $6.5 | (3 %) | - | NA |
| Event Contracts (B) | 3.9 | 3.2 | +22% | 0.3 | NM |
| Average Daily Trading Volumes 1 | |||||
| Equity ($B) | $15.8 | $11.8 | +34% | $8.6 | +84% |
| Options Contracts (M) | 11.6 | 10.7 | +8% | 8.6 | +35% |
| Crypto ($M) | $393 | $397 | (1 %) | $377 | +4% |
| Robinhood App ($M) | $190 | $180 | +6% | $377 | (50 %) |
| Bitstamp ($M) | $203 | $217 | (6 %) | - | NA |
| Event Contracts (M) | 126 | 107 | +18% | 10 | NM |
| Daily Average Trades (DATs) (M) 3 | |||||
| Equity | 4.8 | 4.0 | +20% | 3.1 | +55% |
| Options | 1.5 | 1.3 | +15% | 1.2 | +25% |
| Crypto | 0.7 | 0.6 | +17% | 0.5 | +40% |
| Interest Earning Assets ($B) | |||||
| Margin Book | $19.5 | $18.0 | +8% | $9.0 | +117% |
| Cash and Deposits 4 5 | $18.6 | $18.1 | +3% | $12.1 | +54% |
| Cash Sweep 5 | $28.8 | $27.6 | +4% | $30.8 | (6 %) |
| Securities Lending ($M) | |||||
| Total Securities Lending Revenue | $36 | $32 | +13% | $33 | +9% |
| Securities Lending, Net 6 | $5 | $3 | +67% | $13 | (62 %) |
1. Average daily volumes (“ADVs”) defined as Total Trading Volume in a given period divided by the applicable number of trading days in said period.
2. Starting in June 2025, Net Deposits include results from Bitstamp. Starting in March 2026, Net Deposits include results from TradePMR (March 2026 Net Deposits included TradePMR Net Deposits for all of Q1 2026).
3. Daily Average Trades (“DATs”) defined as the total number of trades for a given asset class executed during a given period divided by the number of trading days for a given asset class in that period. For crypto, the number of trading days is equal to the number of calendar days in the month.
4. We define Cash and Deposits as the period-end sum of cash and cash equivalents, restricted cash, segregated cash, cash equivalents, and securities under federal and other regulations, deposits with clearing organizations, and investments.
5. In February 2026, we updated our brokerage High-Yield Cash program to fund growth in margin lending. Under the updated program, the first $10 thousand in enrolled balances per eligible customer are held as free credit balances where the customer continues to earn the same interest rate. This resulted in over $6 billion of Cash Sweep balances moving to free credit balances in February 2026.
6. Securities Lending, Net includes net rebates for both margin based and fully paid securities lending, as well as interest on cash collateral for fully paid securities lending. It does not include interest on cash collateral for margin based securities lending.
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 Markets, Inc. (NASDAQ: HOOD) is a global leader in financial services offering retail brokerage, crypto, advisory, digital banking services, and private markets access to a new generation of investors. Additional information about Robinhood can be found at robinhood.com .
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, SEC filings, and public conference calls and webcasts, as information posted on them could be deemed to be material information.
“Robinhood” and the Robinhood feather logo are registered trademarks of Robinhood Markets, Inc. All other names are trademarks and/or registered trademarks of their respective owners.
Contacts
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