| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 4,331 | 4,162 | 4,416 | 4,611 |
| Cash, cash equivalents, and securities segregated under federal and other regulations | 8,443 | 8,939 | 4,442 | 5,547 |
| Receivables from brokers, dealers, and clearing organizations | 482 | 374 | 267 | 139 |
| Receivables from users, net | 14,390 | 9,685 | 9,167 | 5,546 |
| Securities borrowed | 6,607 | 6,159 | 4,114 | 3,704 |
| Deposits with clearing organizations | 1,440 | 720 | 641 | 464 |
| Asset related to user cryptocurrencies safeguarding obligation | - | - | - | 19,456 |
| User-held fractional shares | 3,618 | 3,083 | 2,531 | 2,201 |
| Held-to-maturity investments | 53 | 134 | 192 | 527 |
| Prepaid expenses | 128 | 108 | 89 | 86 |
| Deferred customer match incentives | 161 | 124 | 113 | 73 |
| Other current assets | 326 | 345 | 243 | 251 |
| Total current assets | 39,979 | 33,833 | 26,215 | 42,605 |
| Property, software, and equipment, net | 150 | 149 | 140 | 133 |
| Goodwill | 386 | 383 | 292 | 179 |
| Intangible assets, net | 172 | 191 | 109 | 39 |
| Non-current held-to-maturity investments | - | - | - | 0 |
| Non-current deferred customer match incentives | 360 | 267 | 238 | 159 |
| Other non-current assets, including non-current prepaid expenses of 17 as of december 31, 2024 and 13 as of september 30, 2025 | 405 | 501 | 523 | 130 |
| Total assets | 41,452 | 35,324 | 27,517 | 43,245 |
| Accounts payable and accrued expenses | 399 | 369 | 319 | 443 |
| Payables to users | 12,317 | 10,511 | 7,116 | 6,264 |
| Securities loaned | 15,666 | 12,640 | 9,098 | 7,306 |
| User cryptocurrencies safeguarding obligation | - | - | - | 19,456 |
| Fractional shares repurchase obligation | 3,618 | 3,083 | 2,531 | 2,201 |
| Other current liabilities | 762 | 519 | 367 | 288 |
| Total current liabilities | 32,762 | 27,122 | 19,431 | 35,958 |
| Other non-current liabilities | 123 | 130 | 133 | 79 |
| Total liabilities | 32,885 | 27,252 | 19,564 | 36,037 |
| Common stock, value-Common Class A | 0 | 0 | 0 | 0 |
| Common stock, value-Common Class B | 0 | 0 | 0 | 0 |
| Common stock, value-Common Class C | 0 | 0 | 0 | 0 |
| Additional paid-in capital | 11,317 | 11,378 | 11,652 | 12,158 |
| Accumulated other comprehensive income (loss) | 7 | 7 | 0 | 1 |
| Accumulated deficit | -2,757 | -3,313 | -3,699 | -4,951 |
| Total stockholders equity | 8,567 | 8,072 | 7,953 | 7,208 |
| Total liabilities and stockholders equity | 41,452 | 35,324 | 27,517 | 43,245 |
Robinhood Markets, Inc. (HOOD)
Robinhood Markets, Inc. (HOOD)