Robinhood Statistics (2026)

Robinhood Markets (HOOD) is the commission-free brokerage that turned phone-first, gamified investing into a mass-market habit. As of Q2 2026 it reported 28.4 million funded customers, 29.9 million investment accounts, and about $369 billion in platform assets; by the end of August 2026 those reached 28.6 million funded customers and $383.7 billion in platform assets (see the table below).

The company is now solidly profitable after years of losses: it earned $561 million in Q2 2026 on $1.31 billion of net revenue, building on a record 2025. All figures here come from Robinhood's own SEC filings and investor releases, with third-party estimates flagged where used.

Funded customers, meaning accounts that have added money, are Robinhood's headline user metric. The base exploded from about 0.5 million in 2015 to 22.7 million during the 2021 meme-stock boom, then flattened near 23 million for two years before reaccelerating (see the chart and table below).

Growth resumed in 2024-2025, adding roughly 1.8 million funded customers each year to reach 27.0 million at year-end 2025, 27.4 million in Q1 2026, 28.4 million in Q2 2026 and 28.6 million at the end of August 2026 (Robinhood August 2026 operating data). Investment accounts, a broader count including retirement and multiple accounts, stood at 29.9 million.

Account growth and engagement are two different stories. Monthly active users (MAU) peaked near 18.9 million during the 2021 frenzy, then fell for six straight quarters as the meme-stock crowd drifted away, bottoming around 11.8 million in 2024 (Business of Apps).

Even in the record revenue year of 2025, MAU stayed volatile: about 14.9 million in late 2024 slid to roughly 13.0 million by Q4 2025, down 13% year over year. Robinhood grew revenue per user faster than it grew active users, a monetization story more than a usage one.

Assets under custody (which Robinhood now calls total platform assets) measure the value of everything customers hold. This is where the growth has been dramatic: AUC ran up 88% in 2024 to $193 billion, then another 67% to $322.1 billion at the end of 2025 (see the chart and table below).

By Q1 2026 platform assets eased to about $307 billion as equity and crypto markets pulled back, a reminder that a big chunk of AUC is market value, not cash. They then rebounded to about $369 billion in Q2 2026, up 32% year over year, and set a new record of $383.7 billion at the end of August 2026 (up 26% year over year), driven by steady deposits and higher valuations.

The metric Robinhood management points to most is net deposits, because it strips out market moves and shows real money flowing in. Customers added a record $68.1 billion of net deposits in 2025, then $17.7 billion in Q1 2026 and $21.7 billion in Q2 2026, a 28% annualized growth rate on the asset base.

Over the twelve months ending Q1 2026, net deposits totaled $67.8 billion, equal to 31% of the platform assets a year earlier; over the twelve months to August 2026 they reached $74.1 billion, a 24% growth rate. That inflow is what lets Robinhood keep compounding even in quarters when markets fall, and it is the clearest sign the platform is winning share of wallet.

Robinhood's revenue has more than quadrupled in five years. Net revenue went from $959 million in 2020 to $4.47 billion in 2025, a 52% jump in 2025 alone (see the chart and table below). The three engines are transaction fees (payment for order flow), net interest, and other revenue like Gold subscriptions.

The mix has shifted: net interest revenue, earned on cash, margin loans, and securities lending, has become a huge contributor as balances and rates rose. In Q2 2026 net interest of $389 million again exceeded options revenue of $342 million, making Robinhood far less dependent on any single trading category.

Inside transaction revenue, options are the workhorse and crypto is the swing factor. In Q2 2026 options brought in $342 million (up 29%), equities $129 million (up 95%), and crypto just $100 million, down 38% year over year as the crypto trading boom cooled (see the table below).

The fastest riser is event and prediction-market contracts, which brought in $156 million in Q2 2026, more than 10 times a year earlier. That diversification means a bad crypto quarter no longer sinks the whole transaction line the way it once did.

Options are central to Robinhood's economics because they carry higher payment-for-order-flow rates than equities. Customers traded 774 million options contracts in Q2 2026, up 50% year over year, after 586 million in Q1 2026. In August 2026 alone customers traded 293 million contracts, up 50% year over year (August 2026 operating data).

This volume is why options remains the largest single transaction-revenue line even as crypto swings. It also draws regulatory attention: options are leveraged, and Robinhood's young, active traders use them heavily, which is a recurring theme in scrutiny of the platform's risk profile.

Crypto turned Robinhood into a household name during 2021, when crypto revenue leapt from $5 million in Q2 2020 to $233 million in Q2 2021 and roughly 9.5 million customers traded crypto in a single quarter. Volumes then whipsawed with prices.

Q4 2024 saw crypto notional volume of $71 billion, up over 400% year over year, but by Q1 2026 volume had fallen to about $66 billion and crypto revenue dropped 47%, and in Q2 2026 total crypto notional volume was about $40 billion with crypto revenue down 38%. August 2026 crypto notional volume was $17.5 billion, still down 38% year over year. Crypto is now a meaningful but no longer dominant line, and its quarter-to-quarter swings are the biggest source of revenue volatility.

A large and steadier revenue stream comes from interest. Robinhood earns net interest on customer cash, on the securities it lends out, and especially on margin loans. Net interest revenue reached $411 million in Q4 2025 (up 39%), $359 million in Q1 2026 (up 24%) and $389 million in Q2 2026 (up 9%).

The margin book has ballooned: margin balances hit about $21.6 billion in Q2 2026, up 127% year over year, and were $21.5 billion at the end of August 2026 (up 72% year over year), after interest-earning cash and deposits rose 71% to $16.7 billion in Q1 2026. Higher balances plus elevated rates make interest a durable earnings base that does not depend on trading activity.

Robinhood's profit history is a rollercoaster. It reported enormous net losses in the post-IPO years: about $3.69 billion in 2021, $1.03 billion in 2022, and $541 million in 2023, mostly from share-based compensation, not operating cash burn (see the table above).

The turnaround has been sharp: net income swung to $1.41 billion in 2024 and a record $1.88 billion in 2025, with adjusted EBITDA of $2.52 billion. Robinhood is now consistently, structurally profitable, a very different company from the loss-making disruptor of the meme-stock era.

Robinhood Gold, the $5-a-month (or $50-a-year) subscription offering higher interest on cash, bigger instant deposits, lower-cost margin, and research, has become a key recurring-revenue lever. Gold subscribers climbed 39% year over year to 4.8 million in Q2 2026, from 2.6 million at the end of 2024.

Gold underpins the fast-growing other revenue line ($143 million in Q2 2026, up 54%) and anchors adjacent products like the Gold credit card and retirement matching. Retirement assets under custody, boosted by IRA match promotions, reached roughly $13 billion, up several-fold year over year.

Robinhood's customer base is famously young. The median customer age was about 35 as of March 2025, up from 31 a year earlier, and roughly three-quarters of its 25 million customers at the end of 2024 were 43 or younger, with about a quarter aged 27 or under (see the table below).

The base skews male: site-traffic data puts it near 65% male and 35% female (a proxy, not a company disclosure), though Robinhood says female account openings have been growing about 1.5x faster than male. Income skews toward early-career earners, with roughly 80% of users estimated to earn above $50,000. Treat the gender and income figures as third-party estimates.

Robinhood accounts are small on average, which is the essence of its mass-retail model. The average account held roughly $4,000 in 2024, up sharply from the widely cited ~$240 of the 2021 era but still tiny next to legacy brokers, which reflects a young base early in its wealth-building.

What has transformed is monetization per user. Average revenue per user (ARPU) reached $187 in Q2 2026, up 24% year over year, after $157 in Q1 2026 and $191 in Q3 2025. Robinhood is extracting far more from each customer through interest, options, and subscriptions than it did when it relied mainly on order-flow payments.