Robinhood said its platform assets totaled $314 billion at the end of February 2026. That was down 3% from January, but up 68% from a year earlier. Net deposits for the month reached $5.6 billion, equal to a 21% annualized growth rate against platform assets at the end of January. Funded customers rose to 27.4 million, up by about 140,000 from January and roughly 1.74 million from February 2025.
Assets eased from January while deposits kept coming in
Over the last 12 months, Robinhood reported $67.8 billion in net deposits, representing a 36% annual growth rate relative to platform assets recorded in February 2025. The monthly figures point to steady inflows even as trading levels moved unevenly across asset classes. Robinhood also said the data in the report is preliminary and unaudited, and final quarterly results may change after the financial close is completed.
Equities and options lost momentum from the prior month
Equity notional trading volume came in at $194.4 billion in February, down 14% month over month and up 36% year over year. Average daily equity volume was $10.2 billion. In options, Robinhood recorded 180.3 million contracts traded during the month, a 10% decline from January and a 9% increase from a year earlier. Average daily options volume reached 9.5 million contracts. The company noted there were 19 equity and options trading days in February, versus 20 in January.
Crypto volumes rose, with Bitstamp accounting for the larger share
Crypto trading moved in the opposite direction. Robinhood reported total cryptocurrency volume of $25 billion in February, up 9% from January and 74% from a year earlier. Average daily crypto volume reached $893 million. Of the total, trading through the Robinhood app contributed $9.4 billion, up 8% from the prior month but down 35% year over year, with daily average volume at $336 million. Bitstamp activity reached $15.6 billion, rising 10% from January, with a daily average of $557 million.
Event contracts declined as margin balances stayed high
Robinhood said event contract trading totaled 2.4 billion in February, down 29% from January, with average daily volume of 86 million. The platform logged 28 trading days for crypto and prediction markets during the month, compared with 31 in January. Margin balances stood at $17.2 billion at month-end, down 7% from January but up 98% from a year earlier. Cash and deposit balances rose to $16.5 billion, up 41% month over month and 67% year over year. Robinhood said changes to its High Yield Cash program shifted more than $6 billion from cash sweep balances into free credit balances while keeping customer interest rates unchanged, leaving cash sweep balances at $25.8 billion.
Securities lending revenue fell from January
Total securities lending revenue was $25 million in February, down 26% from January and up 14% from a year earlier. Securities lending net revenue was negative $1 million for the month. Robinhood attributed the decline to lower demand for hard-to-borrow securities, while it continued lending general collateral to support margin lending activity. The company’s February update showed customer growth and deposit inflows continuing, even as trading trends split across equities, options, crypto, and event contracts.