Robinhood Markets, Inc. (NASDAQ:HOOD) continued its growth streak in May, releasing monthly activity data that shows a platform firing on nearly all cylinders.
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Robinhood’s May Operational Data
Total Platform Assets hit $377 billion at month’s end, up 9% from April 2026 and 48% year-over-year.
Net Deposits came in at $5.6 billion for the month — a 19% annualized growth rate relative to April’s platform assets. Over the trailing 12 months, net deposits totaled $69.1 billion, representing a 27% annual growth rate.
Funded customers grew to 27.7 million, up roughly 110,000 from April and 1.76 million year-over-year — steady gains that underscore the platform’s widening retail footprint.
Trading Activity
Trading activity was a standout.
Equity Notional Trading Volumes surged to $315 billion in May, up 27% from April and 75% year-over-year. Average daily volumes hit $15.8 billion, a 34% month-over-month jump and 84% higher than a year ago.
Options activity also picked up, with 231 million contracts traded — up 3% from April and 29% year-over-year.
Event contracts were another bright spot. HOOD traded 3.9 billion event contracts in May, up 22% from April, with ADVs of 126 million, up 18%.
Crypto
Crypto was more muted. Total Crypto Notional Trading Volumes reached $12.2 billion, up just 3% from April and 4% year-over-year.
Notably, Robinhood App crypto volumes fell 50% year-over-year to $5.9 billion, while Bitstamp contributed $6.3 billion.
HOOD Stock Price Activity: Robinhood stock was down 0.13% at $83.66 during after-hours trading on Tuesday, according to data from Benzinga Pro.
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