Equity and Options DARTs
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Robinhood Reports Y/Y Rise in February Equity & Options DARTs
ZACKS· 2026-03-13 16:51
Core Insights - Robinhood Markets, Inc. (HOOD) experienced a year-over-year increase in equity and options Daily Average Revenue Trades (DARTs) for February 2026, with equity DARTs at 2.6 million (up 8%) and options DARTs at 1.3 million (up 8%), while crypto DARTs declined 29% to 0.5 million [1][7] Financial Performance - Total platform assets for Robinhood reached $314.2 billion, reflecting a significant 68% year-over-year increase, driven by strong net deposits of $5.6 billion in February and a total of 27.4 million funded customers, which is a 7% increase year over year [2][7] - Equity notional trading volumes rose to $194.4 billion, marking a 36% year-over-year increase, while options contracts traded increased by 9% to 180.3 million. However, crypto notional trading volumes saw a decline of 35% to $9.4 billion, with overall crypto trading volumes at $25 billion, up 74% year over year [3][7] Asset Management and Revenue - Cash sweep balances decreased by 2% year over year to $25.8 billion, while margin balances surged by 98% to $17.2 billion. Securities lending revenues increased by 14% to $25 million, indicating operational leverage from higher platform assets [4] Market Position and Trends - The company continues to benefit from increased retail investor participation and higher trading activity, with ongoing product innovation and strategic acquisitions expected to enhance financial performance. However, elevated share-based compensation and regulatory challenges may pose risks [5] - In the past three months, HOOD shares have declined by 34%, contrasting with a 9.6% decline in the industry [5]