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Robinhood (HOOD) Reports October 2023 Operating Data

November 15, 2023 4:20 PM

Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported selected monthly operating data for October 2023:

October 2023September 2023M/M
Change
October 2022Y/Y
Change
(M - in millions, B - in billions)
User Growth (M)
Net Cumulative Funded Accounts (NCFA)23.323.3-22.92%
Assets Under Custody (AUC) ($B)
Total AUC$84.6$86.5(2%)$70.221%
Net Deposits$1.0$1.0NM$1.6NM
Trading
Trading Days (equities and options)222010%215%
Total Trading Volumes
Equity ($B)$50.8$44.215%$46.79%
Options contracts (M)96.687.311%78.723%
Crypto ($B)$2.3$1.292%$3.5(34%)
Daily Average Revenue Trades (DARTs) (M)
Equity1.41.5(7%)1.38%
Option0.60.6-0.6-
Crypto0.20.1100%0.2-
Customer Margin and Cash Sweep Balances ($B)
Margin Book$3.5$3.6(3%)$3.8(8%)
Cash Sweep$13.9$13.62%$3.8266%
Gold Cash Sweep$13.2$12.92%$2.5428%
Non-Gold Cash Sweep$0.7$0.7-$1.4(50%)


(1) Net Cumulative Funded Accounts (NCFAs) only includes unique customers and does not reflect existing customers opening multiple accounts.

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.

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