Robinhood Markets, Inc. Reports April 2025 Operating Data

Core Insights - Robinhood Markets, Inc. reported select monthly operating data for April 2025, highlighting growth in funded customers and total platform assets [1][3]. Customer Metrics - Funded customers reached 25.9 million in April 2025, an increase of approximately 120 thousand from March 2025 and up about 2 million year-over-year, reflecting an 8% annual growth [2][3]. Asset Growth - Total platform assets amounted to $232.3 billion at the end of April 2025, representing a 5% increase from March 2025 and an 88% increase year-over-year [2][3]. Deposits - Net deposits for April 2025 were $6.8 billion, showing a 37% annualized growth rate compared to March 2025. Over the last twelve months, net deposits totaled $59.2 billion, with an annual growth rate of 48% relative to April 2024 [3]. Trading Volumes - Equity notional trading volumes were $157.8 billion in April 2025, up 26% from March 2025 and up 123% year-over-year. Options contracts traded were 167.5 million, roughly flat compared to March 2025 but up 32% year-over-year [2][3]. Crypto Trading - Crypto notional trading volumes decreased to $8.6 billion, down 24% from March 2025 and down 15% year-over-year [2][3]. Margin and Cash Sweep - Margin balances at the end of April were $8.4 billion, down 5% from March 2025 but up 105% year-over-year. Total cash sweep balances were $28.9 billion, up 2% from March 2025 and up 51% year-over-year [3]. Securities Lending Revenue - Total securities lending revenue for April was $25 million, reflecting a 4% increase from March 2025 and a 19% increase year-over-year [2][3].