10-Q Filing

ROBINHOOD MARKETS, INC. CIK: 1783879 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001783879-21-000029`
Period End Date	20210630
Filing Date	20210818
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	hood-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 80 Cash Flow Statement 83 Stockholders Equity 45 Comprehensive Income 16

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Redeemable convertible preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Redeemable convertible preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Redeemable convertible preferred stock, authorized (in shares)	`TemporaryEquitySharesAuthorized`	658.31M	shares	Point-in-time
Redeemable convertible preferred stock, authorized (in shares)	`TemporaryEquitySharesAuthorized`	414.03M	shares	Point-in-time
Redeemable convertible preferred stock, issued (in shares)	`TemporaryEquitySharesIssued`	412.74M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.08B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.40B	USD	Point-in-time
Redeemable convertible preferred stock, issued (in shares)	`TemporaryEquitySharesIssued`	412.74M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$794.48M	USD	Point-in-time
Cash and securities segregated under federal and other regulations	`CashAndSecuritiesSegregatedUnderSecuritiesExchangeCommissionRegulation`	$5.37B	USD	Point-in-time
Cash and securities segregated under federal and other regulations	`CashAndSecuritiesSegregatedUnderSecuritiesExchangeCommissionRegulation`	$4.91B	USD	Point-in-time
Redeemable convertible preferred stock, outstanding (in shares)	`TemporaryEquitySharesOutstanding`	412.74M	shares	Point-in-time
Redeemable convertible preferred stock, outstanding (in shares)	`TemporaryEquitySharesOutstanding`	412.74M	shares	Point-in-time
Receivables from brokers, dealers and clearing organizations	`ReceivablesFromBrokersDealersAndClearingOrganizations`	$124.50M	USD	Point-in-time
Receivables from brokers, dealers and clearing organizations	`ReceivablesFromBrokersDealersAndClearingOrganizations`	$209.79M	USD	Point-in-time
Redeemable convertible preferred stock, Liquidation preference	`TemporaryEquityLiquidationPreference`	$2.19B	USD	Point-in-time
Redeemable convertible preferred stock, Liquidation preference	`TemporaryEquityLiquidationPreference`	$2.19B	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Receivables from users, net	`ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent`	$5.42B	USD	Point-in-time
Receivables from users, net	`ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent`	$3.35B	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	777.35M	shares	Point-in-time
Deposits with clearing organizations	`DepositsWithClearingOrganizationsAndOthersSecurities`	$272.20M	USD	Point-in-time
Deposits with clearing organizations	`DepositsWithClearingOrganizationsAndOthersSecurities`	$225.51M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.06B	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.54B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	232.61M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$851.14M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	229.03M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	232.61M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$10.87B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	229.03M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$17.90B	USD	Point-in-time
Property, software and equipment, net	`PropertyPlantAndEquipmentNet`	$71.08M	USD	Point-in-time
Property, software and equipment, net	`PropertyPlantAndEquipmentNet`	$45.83M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$7.36M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$17.27M	USD	Point-in-time
Non-current assets	`OtherAssetsNoncurrent`	$99.34M	USD	Point-in-time
Non-current assets	`OtherAssetsNoncurrent`	$62.69M	USD	Point-in-time
Total assets	`Assets`	$18.09B	USD	Point-in-time
Total assets	`Assets`	$10.99B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$104.65M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$292.85M	USD	Point-in-time
Payables to users	`ContractWithCustomerLiabilityCurrent`	$7.77B	USD	Point-in-time
Payables to users	`ContractWithCustomerLiabilityCurrent`	$5.90B	USD	Point-in-time
Amounts of liabilities presented on the unaudited condensed consolidated balance sheets	`SecuritiesLoaned`	$1.92B	USD	Point-in-time
Amounts of liabilities presented on the unaudited condensed consolidated balance sheets	`SecuritiesLoaned`	$2.64B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.54B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$893.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.82B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.24B	USD	Point-in-time
Convertible notes	`ConvertibleDebtNoncurrent`	-	USD	Point-in-time
Convertible notes	`ConvertibleDebtNoncurrent`	$5.19B	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$48.01M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$463.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$17.89B	USD	Point-in-time
Total liabilities	`Liabilities`	$8.86B	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Carrying Value of Stock, Net of Issuance Costs	`TemporaryEquityCarryingAmountAttributableToParent`	$2.18B	USD	Point-in-time
Carrying Value of Stock, Net of Issuance Costs	`TemporaryEquityCarryingAmountAttributableToParent`	$2.18B	USD	Point-in-time
Common stock, $0.0001 par value, 777,354,000 and 1,057,152,204 shares authorized at December 31, 2020 and June 30, 2021. 229,031,546 and 232,609,957 shares issued and outstanding at December 31, 2020 and June 30, 2021.	`CommonStockValue`	$1.00K	USD	Point-in-time
Common stock, $0.0001 par value, 777,354,000 and 1,057,152,204 shares authorized at December 31, 2020 and June 30, 2021. 229,031,546 and 232,609,957 shares issued and outstanding at December 31, 2020 and June 30, 2021.	`CommonStockValue`	$1.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$134.31M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$151.28M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$525.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$473.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.14B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-190.10M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-97.05M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-1.49B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-1.98B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-146.79M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-86.95M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-55.32M	USD	Point-in-time
Total liabilities, mezzanine equity and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$10.99B	USD	Point-in-time
Total liabilities, mezzanine equity and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$18.09B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$451.17M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$187.41M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$871.61M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$283.04M	USD	2 Qtrs
Net interest revenues	`InterestIncomeExpenseNet`	$40.00M	USD	1 Quarter
Net interest revenues	`InterestIncomeExpenseNet`	$130.21M	USD	2 Qtrs
Net interest revenues	`InterestIncomeExpenseNet`	$64.01M	USD	2 Qtrs
Net interest revenues	`InterestIncomeExpenseNet`	$67.71M	USD	1 Quarter
Total net revenues	`Revenues`	$244.21M	USD	1 Quarter
Total net revenues	`Revenues`	$1.09B	USD	2 Qtrs
Total net revenues	`Revenues`	$371.76M	USD	2 Qtrs
Total net revenues	`Revenues`	$565.33M	USD	1 Quarter
Brokerage and transaction	`FloorBrokerageExchangeAndClearanceFees`	$78.82M	USD	2 Qtrs
Brokerage and transaction	`FloorBrokerageExchangeAndClearanceFees`	$49.02M	USD	2 Qtrs
Brokerage and transaction	`FloorBrokerageExchangeAndClearanceFees`	$37.81M	USD	1 Quarter
Brokerage and transaction	`FloorBrokerageExchangeAndClearanceFees`	$28.61M	USD	1 Quarter
Technology and development	`TechnologyAndDevelopmentExpense`	$156.35M	USD	1 Quarter
Technology and development	`TechnologyAndDevelopmentExpense`	$273.20M	USD	2 Qtrs
Technology and development	`TechnologyAndDevelopmentExpense`	$44.97M	USD	1 Quarter
Technology and development	`TechnologyAndDevelopmentExpense`	$78.18M	USD	2 Qtrs
Operations	`OtherCostAndExpenseOperating`	$30.46M	USD	1 Quarter
Operations	`OtherCostAndExpenseOperating`	$52.28M	USD	2 Qtrs
Operations	`OtherCostAndExpenseOperating`	$167.63M	USD	2 Qtrs
Operations	`OtherCostAndExpenseOperating`	$101.06M	USD	1 Quarter
Marketing	`MarketingExpense`	$94.16M	USD	1 Quarter
Marketing	`MarketingExpense`	$43.51M	USD	1 Quarter
Marketing	`MarketingExpense`	$113.43M	USD	2 Qtrs
Marketing	`MarketingExpense`	$196.41M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$73.29M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$111.35M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$38.64M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$248.46M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$964.52M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$366.19M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$186.19M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$500.73M	USD	1 Quarter
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	$2.02B	USD	2 Qtrs
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	$528.05M	USD	1 Quarter
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	-	USD	1 Quarter
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	-	USD	2 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$100.00K	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-710.00K	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$149.00K	USD	2 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-43.00K	USD	2 Qtrs
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-464.16M	USD	1 Quarter
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.53M	USD	2 Qtrs
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$58.12M	USD	1 Quarter
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.90B	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$534.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$448.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$37.51M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$49.29M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$5.08M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-501.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$57.58M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.95B	USD	2 Qtrs
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$22.78M	USD	1 Quarter
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.95B	USD	2 Qtrs
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.05M	USD	2 Qtrs
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-501.67M	USD	1 Quarter
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$2.05M	USD	2 Qtrs
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-1.95B	USD	2 Qtrs
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$22.78M	USD	1 Quarter
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-501.67M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-8.41	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-2.16	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.16	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-8.41	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	224.95M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	232.22M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	225.09M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	231.46M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	232.22M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	231.46M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	244.34M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	244.54M	shares	2 Qtrs

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$5.08M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$-501.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$57.58M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-1.95B	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$8.69M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$3.91M	USD	2 Qtrs
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$23.93M	USD	2 Qtrs
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$36.74M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$3.78M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$10.13M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-88.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.00K	USD	2 Qtrs
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	$2.02B	USD	2 Qtrs
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	$528.05M	USD	1 Quarter
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	-	USD	1 Quarter
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	-	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	-	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$19.00K	USD	2 Qtrs
Segregated securities under federal and other regulations	`IncreaseDecreaseInSegregatedSecuritiesUnderFederalAndOtherRegulations`	$214.99M	USD	2 Qtrs
Segregated securities under federal and other regulations	`IncreaseDecreaseInSegregatedSecuritiesUnderFederalAndOtherRegulations`	-	USD	2 Qtrs
Receivables from brokers, dealers and clearing organizations	`IncreaseDecreaseInBrokerageReceivables`	$116.70M	USD	2 Qtrs
Receivables from brokers, dealers and clearing organizations	`IncreaseDecreaseInBrokerageReceivables`	$85.29M	USD	2 Qtrs
Receivables from users, net	`IncreaseDecreaseInAccountsReceivable`	$769.58M	USD	2 Qtrs
Receivables from users, net	`IncreaseDecreaseInAccountsReceivable`	$2.10B	USD	2 Qtrs
Deposits with clearing organizations	`IncreaseDecreaseInDepositOtherAssets`	$113.11M	USD	2 Qtrs
Deposits with clearing organizations	`IncreaseDecreaseInDepositOtherAssets`	$46.69M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$156.25M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$730.23M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$182.21M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$18.25M	USD	2 Qtrs
Payables to users	`IncreaseDecreaseInPayablesToCustomers`	$1.87B	USD	2 Qtrs
Payables to users	`IncreaseDecreaseInPayablesToCustomers`	$2.91B	USD	2 Qtrs
Securities loaned	`IncreaseDecreaseInSecuritiesLoanedTransactions`	$91.47M	USD	2 Qtrs
Securities loaned	`IncreaseDecreaseInSecuritiesLoanedTransactions`	$721.78M	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$159.21M	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$676.39M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$399.12M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.06B	USD	2 Qtrs
Purchase of property, software and equipment	`PaymentsToAcquireOtherProductiveAssets`	$11.69M	USD	2 Qtrs
Purchase of property, software and equipment	`PaymentsToAcquireOtherProductiveAssets`	$22.09M	USD	2 Qtrs
Capitalization of internally developed software	`PaymentsToDevelopSoftware`	$4.57M	USD	2 Qtrs
Capitalization of internally developed software	`PaymentsToDevelopSoftware`	$5.78M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-27.86M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.26M	USD	2 Qtrs
Proceeds from issuance of convertible notes and warrants	`ProceedsFromIssuanceOfConvertibleDebtAndWarrants`	$3.55B	USD	2 Qtrs
Proceeds from issuance of convertible notes and warrants	`ProceedsFromIssuanceOfConvertibleDebtAndWarrants`	-	USD	2 Qtrs
Draws on credit facilities	`ProceedsFromLinesOfCredit`	$907.70M	USD	2 Qtrs
Draws on credit facilities	`ProceedsFromLinesOfCredit`	$1.35B	USD	2 Qtrs
Repayments on credit facilities	`RepaymentsOfLinesOfCredit`	$1.35B	USD	2 Qtrs
Repayments on credit facilities	`RepaymentsOfLinesOfCredit`	$892.70M	USD	2 Qtrs
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStockNetOfIssuanceCosts`	$557.30M	USD	2 Qtrs
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStockNetOfIssuanceCosts`	-	USD	2 Qtrs
Proceeds from exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$6.69M	USD	2 Qtrs
Proceeds from exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$584.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$572.88M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.56B	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-174.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.00K	USD	2 Qtrs
Net increase in cash, cash equivalents, segregated cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.93B	USD	2 Qtrs
Net increase in cash, cash equivalents, segregated cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.62B	USD	2 Qtrs
Cash, cash equivalents, segregated cash and restricted cash, beginning of the period	`CashCashEquivalentsCashSegregatedUnderOtherRegulationsRestrictedCashAndRestrictedCashEquivalents`	$6.19B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, beginning of the period	`CashCashEquivalentsCashSegregatedUnderOtherRegulationsRestrictedCashAndRestrictedCashEquivalents`	$3.07B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, beginning of the period	`CashCashEquivalentsCashSegregatedUnderOtherRegulationsRestrictedCashAndRestrictedCashEquivalents`	$10.12B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, beginning of the period	`CashCashEquivalentsCashSegregatedUnderOtherRegulationsRestrictedCashAndRestrictedCashEquivalents`	$5.69B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsCashSegregatedUnderOtherRegulationsRestrictedCashAndRestrictedCashEquivalents`	$6.19B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsCashSegregatedUnderOtherRegulationsRestrictedCashAndRestrictedCashEquivalents`	$3.07B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsCashSegregatedUnderOtherRegulationsRestrictedCashAndRestrictedCashEquivalents`	$10.12B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsCashSegregatedUnderOtherRegulationsRestrictedCashAndRestrictedCashEquivalents`	$5.69B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.08B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.40B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$794.48M	USD	Point-in-time
Segregated cash, end of the period	`CashSegregatedUnderOtherRegulations`	$5.02B	USD	Point-in-time
Segregated cash, end of the period	`CashSegregatedUnderOtherRegulations`	$4.89B	USD	Point-in-time
Restricted cash, end of the period	`RestrictedCash`	$17.27M	USD	Point-in-time
Restricted cash, end of the period	`RestrictedCash`	$7.36M	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsCashSegregatedUnderOtherRegulationsRestrictedCashAndRestrictedCashEquivalents`	$6.19B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsCashSegregatedUnderOtherRegulationsRestrictedCashAndRestrictedCashEquivalents`	$3.07B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsCashSegregatedUnderOtherRegulationsRestrictedCashAndRestrictedCashEquivalents`	$10.12B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsCashSegregatedUnderOtherRegulationsRestrictedCashAndRestrictedCashEquivalents`	$5.69B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$2.58M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$3.08M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$417.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$3.13M	USD	2 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period, Redeemable convertible preferred stock (in shares)	`TemporaryEquitySharesOutstanding`	412.74M	shares	Point-in-time
Balance at beginning of period, Redeemable convertible preferred stock (in shares)	`TemporaryEquitySharesOutstanding`	412.74M	shares	Point-in-time
Balance at beginning of period, Redeemable convertible preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$2.18B	USD	Point-in-time
Balance at beginning of period, Redeemable convertible preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$2.18B	USD	Point-in-time
Balance at end of period, Redeemable convertible preferred stock (in shares)	`TemporaryEquitySharesOutstanding`	412.74M	shares	Point-in-time
Balance at end of period, Redeemable convertible preferred stock (in shares)	`TemporaryEquitySharesOutstanding`	412.74M	shares	Point-in-time
Balance at end of period, Redeemable convertible preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$2.18B	USD	Point-in-time
Balance at end of period, Redeemable convertible preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$2.18B	USD	Point-in-time
Balance at beginning of period, Common stock (in shares)	`CommonStockSharesOutstanding`	232.61M	shares	Point-in-time
Balance at beginning of period, Common stock (in shares)	`CommonStockSharesOutstanding`	229.03M	shares	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$-97.05M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$-1.49B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$-1.98B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$-146.79M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$-86.95M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$-55.32M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$5.08M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-501.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$57.58M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.95B	USD	2 Qtrs
Shares issued in connection with employee stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$782.00K	USD	1 Quarter
Shares issued in connection with employee stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.44M	USD	2 Qtrs
Shares issued in connection with employee stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$515.00K	USD	1 Quarter
Shares issued in connection with employee stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.58M	USD	2 Qtrs
Vesting of early-exercised stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$154.00K	USD	1 Quarter
Vesting of early-exercised stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$173.00K	USD	2 Qtrs
Vesting of early-exercised stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$113.00K	USD	1 Quarter
Vesting of early-exercised stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$312.00K	USD	2 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$875.00K	USD	2 Qtrs
Change in other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-42.00K	USD	1 Quarter
Change in other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$23.00K	USD	1 Quarter
Change in other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-174.00K	USD	2 Qtrs
Change in other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$52.00K	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.17M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.63M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.22M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.31M	USD	2 Qtrs
Balance at end of period, Common stock (in shares)	`CommonStockSharesOutstanding`	232.61M	shares	Point-in-time
Balance at end of period, Common stock (in shares)	`CommonStockSharesOutstanding`	229.03M	shares	Point-in-time
Balance at end of period	`StockholdersEquity`	$-97.05M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$-1.49B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$-1.98B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$-146.79M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$-86.95M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$-55.32M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$5.08M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-501.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$57.58M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.95B	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$52.00K	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$23.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-174.00K	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-42.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-42.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$23.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-174.00K	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$52.00K	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$4.91M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-1.95B	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$57.54M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-501.64M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.