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 ...