Robinhood reports mixed February trading volumes amid platform changes
Robinhood Markets, Inc. (NASDAQ: HOOD) reported February 2026 operating data showing mixed trading activity across its platforms, according to a press release statement.
The company's funded customer base reached 27.4 million at the end of February, increasing 140,000 from January and 1.74 million year-over-year. Total platform assets declined 3% month-over-month to $314 billion but remained up 68% compared to February 2025.
Equity trading volumes decreased 14% from January to $194.4 billion, while options contracts traded fell 10% to 180.3 million. Crypto trading volumes increased 9% month-over-month to $25.0 billion, with Robinhood App volumes at $9.4 billion and Bitstamp contributing $15.6 billion.
Event contracts traded dropped 29% from January to 2.4 billion contracts. Average daily volumes for equities were $10.2 billion, down 11% from January, while options averaged 9.5 million contracts daily, declining 5%.
Net deposits totaled $5.6 billion in February, representing a 21% annualized growth rate. Over the trailing twelve months, net deposits reached $67.8 billion.
The company updated its brokerage High-Yield Cash program in February to fund margin lending growth, moving over $6 billion from cash sweep balances to free credit balances. This resulted in cash and deposit balances increasing 41% to $16.5 billion, while cash sweep balances decreased 18% to $25.8 billion.
Margin balances stood at $17.2 billion at month-end, down 7% from January but up 98% year-over-year. Securities lending revenue totaled $25 million, declining 26% from January.
