10-Q Filing

ROBINHOOD MARKETS, INC. CIK: 1783879 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001783879-23-000268`
Period End Date	20230930
Filing Date	20231107
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	hood-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 72 Cash Flow Statement 101 Stockholders Equity 35 Comprehensive Income 20

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	210.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	210.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.34B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.19B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.89B	USD	Point-in-time
Cash segregated under federal and other regulations	`CashAndSecuritiesSegregatedUnderSecuritiesExchangeCommissionRegulation`	$3.45B	USD	Point-in-time
Cash segregated under federal and other regulations	`CashAndSecuritiesSegregatedUnderSecuritiesExchangeCommissionRegulation`	$3.00B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Receivables from brokers, dealers, and clearing organizations	`ReceivablesFromBrokersDealersAndClearingOrganizations`	$76.00M	USD	Point-in-time
Receivables from brokers, dealers, and clearing organizations	`ReceivablesFromBrokersDealersAndClearingOrganizations`	$63.00M	USD	Point-in-time
Receivables from users, net	`ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent`	$3.22B	USD	Point-in-time
Receivables from users, net	`ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent`	$3.70B	USD	Point-in-time
Securities borrowed	`SecuritiesBorrowed`	$1.20B	USD	Point-in-time
Securities borrowed	`SecuritiesBorrowed`	$517.00M	USD	Point-in-time
Deposits with clearing organizations	`DepositsWithClearingOrganizationsAndOthersSecurities`	$186.00M	USD	Point-in-time
Deposits with clearing organizations	`DepositsWithClearingOrganizationsAndOthersSecurities`	$275.00M	USD	Point-in-time
Asset related to user cryptocurrencies safeguarding obligation	`SafeguardingAssetPlatformOperatorCryptoAsset`	$8.43B	USD	Point-in-time
Asset related to user cryptocurrencies safeguarding obligation	`SafeguardingAssetPlatformOperatorCryptoAsset`	$10.18B	USD	Point-in-time
User-held fractional shares	`UserHeldFractionalSharesAmount`	$1.40B	USD	Point-in-time
User-held fractional shares	`UserHeldFractionalSharesAmount`	$997.00M	USD	Point-in-time
Held-to-maturity investments	`DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLossCurrent`	-	USD	Point-in-time
Held-to-maturity investments	`DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLossCurrent`	$372.00M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$75.00M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$86.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$72.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$130.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$25.74B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$22.92B	USD	Point-in-time
Property, software, and equipment, net	`PropertyPlantAndEquipmentNet`	$123.00M	USD	Point-in-time
Property, software, and equipment, net	`PropertyPlantAndEquipmentNet`	$146.00M	USD	Point-in-time
Goodwill	`Goodwill`	$164.00M	USD	Point-in-time
Goodwill	`Goodwill`	$100.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$25.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$53.00M	USD	Point-in-time
Non-current held-to-maturity investments	`DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Non-current held-to-maturity investments	`DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent`	$118.00M	USD	Point-in-time
Non-current prepaid expenses	`PrepaidExpenseNoncurrent`	$17.00M	USD	Point-in-time
Non-current prepaid expenses	`PrepaidExpenseNoncurrent`	$3.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$132.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$118.00M	USD	Point-in-time
Total assets	`Assets`	$23.34B	USD	Point-in-time
Total assets	`Assets`	$26.32B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$373.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$185.00M	USD	Point-in-time
Payables to users	`ContractWithCustomerLiabilityCurrent`	$4.70B	USD	Point-in-time
Payables to users	`ContractWithCustomerLiabilityCurrent`	$4.33B	USD	Point-in-time
Securities loaned	`SecuritiesLoaned`	$1.83B	USD	Point-in-time
Securities loaned	`SecuritiesLoaned`	$3.25B	USD	Point-in-time
User cryptocurrencies safeguarding obligation	`SafeguardingLiabilityPlatformOperatorCryptoAsset`	$8.43B	USD	Point-in-time
User cryptocurrencies safeguarding obligation	`SafeguardingLiabilityPlatformOperatorCryptoAsset`	$10.18B	USD	Point-in-time
Fractional shares repurchase obligation	`FractionalSharesRepurchaseObligationAmount`	$1.40B	USD	Point-in-time
Fractional shares repurchase obligation	`FractionalSharesRepurchaseObligationAmount`	$997.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$126.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$105.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$19.65B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.25B	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$96.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$128.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$16.38B	USD	Point-in-time
Total liabilities	`Liabilities`	$19.74B	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value. 210,000,000 shares authorized, no shares issued and outstanding as of December 31, 2022; and September 30, 2023.	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value. 210,000,000 shares authorized, no shares issued and outstanding as of December 31, 2022; and September 30, 2023.	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$12.05B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$11.86B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.91B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.48B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.96B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.57B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$7.29B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.95B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$7.19B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$7.02B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$23.34B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$26.32B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net interest revenues	`InterestIncomeExpenseNet`	$128.00M	USD	1 Quarter
Net interest revenues	`InterestIncomeExpenseNet`	$251.00M	USD	1 Quarter
Net interest revenues	`InterestIncomeExpenseNet`	$257.00M	USD	3 Qtrs
Net interest revenues	`InterestIncomeExpenseNet`	$693.00M	USD	3 Qtrs
Total net revenues	`Revenues`	$361.00M	USD	1 Quarter
Total net revenues	`Revenues`	$1.39B	USD	3 Qtrs
Total net revenues	`Revenues`	$978.00M	USD	3 Qtrs
Total net revenues	`Revenues`	$467.00M	USD	1 Quarter
Brokerage and transaction	`FloorBrokerageExchangeAndClearanceFees`	$94.00M	USD	3 Qtrs
Brokerage and transaction	`FloorBrokerageExchangeAndClearanceFees`	$114.00M	USD	3 Qtrs
Brokerage and transaction	`FloorBrokerageExchangeAndClearanceFees`	$39.00M	USD	1 Quarter
Brokerage and transaction	`FloorBrokerageExchangeAndClearanceFees`	$33.00M	USD	1 Quarter
Technology and development	`TechnologyAndDevelopmentExpense`	$698.00M	USD	3 Qtrs
Technology and development	`TechnologyAndDevelopmentExpense`	$185.00M	USD	1 Quarter
Technology and development	`TechnologyAndDevelopmentExpense`	$202.00M	USD	1 Quarter
Technology and development	`TechnologyAndDevelopmentExpense`	$608.00M	USD	3 Qtrs
Operations	`OtherCostAndExpenseOperating`	$41.00M	USD	1 Quarter
Operations	`OtherCostAndExpenseOperating`	$65.00M	USD	1 Quarter
Operations	`OtherCostAndExpenseOperating`	$119.00M	USD	3 Qtrs
Operations	`OtherCostAndExpenseOperating`	$242.00M	USD	3 Qtrs
Marketing	`MarketingExpense`	$79.00M	USD	3 Qtrs
Marketing	`MarketingExpense`	$74.00M	USD	3 Qtrs
Marketing	`MarketingExpense`	$19.00M	USD	1 Quarter
Marketing	`MarketingExpense`	$28.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$230.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$727.00M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$233.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.04B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$535.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.96B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$540.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.83B	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	-	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-174.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-75.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-562.00M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-859.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$10.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-85.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-571.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-862.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-175.00M	USD	1 Quarter
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-85.00M	USD	1 Quarter
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-571.00M	USD	3 Qtrs
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-175.00M	USD	1 Quarter
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-862.00M	USD	3 Qtrs
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-571.00M	USD	3 Qtrs
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-85.00M	USD	1 Quarter
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-862.00M	USD	3 Qtrs
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-175.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.99	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.64	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.20	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.64	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.99	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.20	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.09	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	875.06M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	882.36M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	899.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	895.11M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	882.36M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	875.06M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	895.11M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	899.00M	shares	3 Qtrs

Cash Flow Statement 101 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-85.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-571.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-862.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-175.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$54.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$44.00M	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$47.00M	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$12.00M	USD	3 Qtrs
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$28.00M	USD	3 Qtrs
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$29.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$494.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$790.00M	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-39.00M	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$8.00M	USD	3 Qtrs
Receivables from brokers, dealers, and clearing organizations	`IncreaseDecreaseInBrokerageReceivables`	$-13.00M	USD	3 Qtrs
Receivables from brokers, dealers, and clearing organizations	`IncreaseDecreaseInBrokerageReceivables`	$-13.00M	USD	3 Qtrs
Receivables from users, net	`IncreaseDecreaseInAccountsReceivable`	$502.00M	USD	3 Qtrs
Receivables from users, net	`IncreaseDecreaseInAccountsReceivable`	$-2.56B	USD	3 Qtrs
Securities borrowed	`IncreaseDecreaseInSecuritiesBorrowed`	$687.00M	USD	3 Qtrs
Securities borrowed	`IncreaseDecreaseInSecuritiesBorrowed`	$139.00M	USD	3 Qtrs
Deposits with clearing organizations	`IncreaseDecreaseInDepositOtherAssets`	$89.00M	USD	3 Qtrs
Deposits with clearing organizations	`IncreaseDecreaseInDepositOtherAssets`	$-127.00M	USD	3 Qtrs
Current and non-current prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-29.00M	USD	3 Qtrs
Current and non-current prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-26.00M	USD	3 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-5.00M	USD	3 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-45.00M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$145.00M	USD	3 Qtrs
Payables to users	`IncreaseDecreaseInPayablesToCustomers`	$-1.08B	USD	3 Qtrs
Payables to users	`IncreaseDecreaseInPayablesToCustomers`	$-376.00M	USD	3 Qtrs
Securities loaned	`IncreaseDecreaseInSecuritiesLoanedTransactions`	$1.41B	USD	3 Qtrs
Securities loaned	`IncreaseDecreaseInSecuritiesLoanedTransactions`	$-2.23B	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-39.00M	USD	3 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$5.00M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.03B	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$221.00M	USD	3 Qtrs
Purchases of property, software, and equipment	`PaymentsToAcquireProductiveAssets`	$1.00M	USD	3 Qtrs
Purchases of property, software, and equipment	`PaymentsToAcquireProductiveAssets`	$25.00M	USD	3 Qtrs
Capitalization of internally developed software	`PaymentsToDevelopSoftware`	$22.00M	USD	3 Qtrs
Capitalization of internally developed software	`PaymentsToDevelopSoftware`	$14.00M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$24.00M	USD	3 Qtrs
Proceeds from sales and maturities of available-for-sale investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$19.00M	USD	3 Qtrs
Proceeds from sales and maturities of available-for-sale investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$10.00M	USD	3 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	-	USD	3 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	$651.00M	USD	3 Qtrs
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$167.00M	USD	3 Qtrs
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	-	USD	3 Qtrs
Acquisitions of a business, net of cash and cash equivalents acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$90.00M	USD	3 Qtrs
Acquisitions of a business, net of cash and cash equivalents acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$19.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-71.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-579.00M	USD	3 Qtrs
Proceeds from issuance of common stock under the Employee Stock Purchase Plan (ESPP)	`ProceedsFromStockPlans`	$9.00M	USD	3 Qtrs
Proceeds from issuance of common stock under the Employee Stock Purchase Plan (ESPP)	`ProceedsFromStockPlans`	$13.00M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.00M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.00M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.00M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.00M	USD	3 Qtrs
Draws on credit facilities	`ProceedsFromLinesOfCredit`	$21.00M	USD	3 Qtrs
Draws on credit facilities	`ProceedsFromLinesOfCredit`	$20.00M	USD	3 Qtrs
Repayments on credit facilities	`RepaymentsOfLinesOfCredit`	$21.00M	USD	3 Qtrs
Repayments on credit facilities	`RepaymentsOfLinesOfCredit`	$20.00M	USD	3 Qtrs
Change in principal collected from customers due to Coastal Bank	`ChangeInCustomerFundsRestrictedFromUseInOperations`	-	USD	3 Qtrs
Change in principal collected from customers due to Coastal Bank	`ChangeInCustomerFundsRestrictedFromUseInOperations`	$-3.00M	USD	3 Qtrs
Proceeds from exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$2.00M	USD	3 Qtrs
Proceeds from exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$6.00M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$608.00M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-619.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.00M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	3 Qtrs
Net decrease in cash, cash equivalents, segregated cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.11B	USD	3 Qtrs
Net decrease in cash, cash equivalents, segregated cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-977.00M	USD	3 Qtrs
Cash, cash equivalents, segregated cash and restricted cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.38B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.27B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.36B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.16B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.38B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.27B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.36B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.16B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$6.34B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$6.19B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$4.89B	USD	Point-in-time
Segregated cash, end of the period	`CashSegregatedUnderOtherRegulations`	$3.45B	USD	Point-in-time
Segregated cash, end of the period	`CashSegregatedUnderOtherRegulations`	$2.95B	USD	Point-in-time
Restricted cash in other current assets, end of the period	`RestrictedCashCurrent`	$26.00M	USD	Point-in-time
Restricted cash in other current assets, end of the period	`RestrictedCashCurrent`	$1.00M	USD	Point-in-time
Restricted cash in other non-current assets, end of the period	`RestrictedCashNoncurrent`	$17.00M	USD	Point-in-time
Restricted cash in other non-current assets, end of the period	`RestrictedCashNoncurrent`	$22.00M	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.38B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.27B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.36B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.16B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$8.00M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$6.00M	USD	3 Qtrs
Cash paid for income taxes, net of refund received	`IncomeTaxesPaidNet`	$4.00M	USD	3 Qtrs
Cash paid for income taxes, net of refund received	`IncomeTaxesPaidNet`	$9.00M	USD	3 Qtrs

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquity`	$6.96B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$6.57B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$7.29B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$6.95B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$7.19B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$7.02B	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-85.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-571.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-862.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-175.00M	USD	1 Quarter
Shares issued in connection with stock option exercise, net of repurchases	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.00M	USD	3 Qtrs
Shares issued in connection with stock option exercise, net of repurchases	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.00M	USD	3 Qtrs
Shares issued in connection with stock option exercise, net of repurchases	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.00M	USD	1 Quarter
Issuance of common stock in connection with Employee Stock Purchase Plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$13.00M	USD	3 Qtrs
Issuance of common stock in connection with Employee Stock Purchase Plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$9.00M	USD	3 Qtrs
Issuance of common stock upon settlement of restricted stock units, net of shares withheld	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-2.00M	USD	1 Quarter
Issuance of common stock upon settlement of restricted stock units, net of shares withheld	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-9.00M	USD	3 Qtrs
Issuance of common stock upon settlement of restricted stock units, net of shares withheld	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-4.00M	USD	1 Quarter
Issuance of common stock upon settlement of restricted stock units, net of shares withheld	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-9.00M	USD	3 Qtrs
Repurchase and retirement of Class A common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$611.00M	USD	3 Qtrs
Repurchase and retirement of Class A common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$611.00M	USD	1 Quarter
Change in other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00M	USD	3 Qtrs
Change in other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.00M	USD	3 Qtrs
Change in other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00M	USD	1 Quarter
Change in other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$88.00M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$802.00M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$515.00M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$114.00M	USD	1 Quarter
Balance at end of period	`StockholdersEquity`	$6.96B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$6.57B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$7.29B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$6.95B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$7.19B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$7.02B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-85.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-571.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-862.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-175.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.00M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Net loss on hedging instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-1.00M	USD	1 Quarter
Net loss on hedging instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Net loss on hedging instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-4.00M	USD	3 Qtrs
Net loss on hedging instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	3 Qtrs
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00M	USD	3 Qtrs
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.00M	USD	3 Qtrs
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-575.00M	USD	3 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-176.00M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-86.00M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-864.00M	USD	3 Qtrs

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