10-K Filing

ROBINHOOD MARKETS, INC. CIK: 1783879 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001783879-24-000054`
Period End Date	20231231
Filing Date	20240227
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	hood-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 57 Cash Flow Statement 153 Stockholders Equity 32 Comprehensive Income 21

Balance Sheet 82 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`	$6.25B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.83B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.34B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash segregated under federal and other regulations	`CashAndSecuritiesSegregatedUnderSecuritiesExchangeCommissionRegulation`	$4.45B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	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
Receivables from brokers, dealers, and clearing organizations	`ReceivablesFromBrokersDealersAndClearingOrganizations`	$89.00M	USD	Point-in-time
Receivables from brokers, dealers, and clearing organizations	`ReceivablesFromBrokersDealersAndClearingOrganizations`	$76.00M	USD	Point-in-time
Receivables from users, net	`ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent`	$3.22B	USD	Point-in-time
Receivables from users, net	`ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent`	$3.50B	USD	Point-in-time
Securities borrowed	`SecuritiesBorrowed`	$517.00M	USD	Point-in-time
Securities borrowed	`SecuritiesBorrowed`	$1.60B	USD	Point-in-time
Deposits with clearing organizations	`DepositsWithClearingOrganizationsAndOthersSecurities`	$338.00M	USD	Point-in-time
Deposits with clearing organizations	`DepositsWithClearingOrganizationsAndOthersSecurities`	$186.00M	USD	Point-in-time
Asset related to user cryptocurrencies safeguarding obligation	`SafeguardingAssetPlatformOperatorCryptoAsset`	$14.71B	USD	Point-in-time
Asset related to user cryptocurrencies safeguarding obligation	`SafeguardingAssetPlatformOperatorCryptoAsset`	$8.43B	USD	Point-in-time
User-held fractional shares	`UserHeldFractionalSharesAmount`	$1.59B	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`	$413.00M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$86.00M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$63.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$207.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$72.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$22.92B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$31.79B	USD	Point-in-time
Property, software, and equipment, net	`PropertyPlantAndEquipmentNet`	$120.00M	USD	Point-in-time
Property, software, and equipment, net	`PropertyPlantAndEquipmentNet`	$146.00M	USD	Point-in-time
Goodwill	`Goodwill`	$175.00M	USD	Point-in-time
Goodwill	`Goodwill`	$101.00M	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`	$48.00M	USD	Point-in-time
Non-current held-to-maturity investments	`DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent`	-	USD	Point-in-time
Non-current held-to-maturity investments	`DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent`	$73.00M	USD	Point-in-time
Non-current prepaid expenses	`PrepaidExpenseNoncurrent`	$17.00M	USD	Point-in-time
Non-current prepaid expenses	`PrepaidExpenseNoncurrent`	$4.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$122.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$132.00M	USD	Point-in-time
Total assets	`Assets`	$32.33B	USD	Point-in-time
Total assets	`Assets`	$23.34B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$185.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$384.00M	USD	Point-in-time
Payables to users	`ContractWithCustomerLiabilityCurrent`	$4.70B	USD	Point-in-time
Payables to users	`ContractWithCustomerLiabilityCurrent`	$5.10B	USD	Point-in-time
Securities loaned	`SecuritiesLoaned`	$1.83B	USD	Point-in-time
Securities loaned	`SecuritiesLoaned`	$3.55B	USD	Point-in-time
User cryptocurrencies safeguarding obligation	`SafeguardingLiabilityPlatformOperatorCryptoAsset`	$14.71B	USD	Point-in-time
User cryptocurrencies safeguarding obligation	`SafeguardingLiabilityPlatformOperatorCryptoAsset`	$8.43B	USD	Point-in-time
Fractional shares repurchase obligation	`FractionalSharesRepurchaseObligationAmount`	$1.59B	USD	Point-in-time
Fractional shares repurchase obligation	`FractionalSharesRepurchaseObligationAmount`	$997.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$217.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$105.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$25.55B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.25B	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$91.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$128.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$25.64B	USD	Point-in-time
Total liabilities	`Liabilities`	$16.38B	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 December 31, 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 December 31, 2023.	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$12.14B	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`	$-3.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.91B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.45B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$7.29B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.70B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-55.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$6.96B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$32.33B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$23.34B	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
Net interest revenues	`InterestIncomeExpenseNet`	$256.00M	USD	Annual
Net interest revenues	`InterestIncomeExpenseNet`	$424.00M	USD	Annual
Net interest revenues	`InterestIncomeExpenseNet`	$929.00M	USD	Annual
Total net revenues	`Revenues`	$1.36B	USD	Annual
Total net revenues	`Revenues`	$1.86B	USD	Annual
Total net revenues	`Revenues`	$1.81B	USD	Annual
Brokerage and transaction	`FloorBrokerageExchangeAndClearanceFees`	$146.00M	USD	Annual
Brokerage and transaction	`FloorBrokerageExchangeAndClearanceFees`	$179.00M	USD	Annual
Brokerage and transaction	`FloorBrokerageExchangeAndClearanceFees`	$158.00M	USD	Annual
Technology and development	`TechnologyAndDevelopmentExpense`	$1.23B	USD	Annual
Technology and development	`TechnologyAndDevelopmentExpense`	$878.00M	USD	Annual
Technology and development	`TechnologyAndDevelopmentExpense`	$805.00M	USD	Annual
Operations	`OtherCostAndExpenseOperating`	$159.00M	USD	Annual
Operations	`OtherCostAndExpenseOperating`	$285.00M	USD	Annual
Operations	`OtherCostAndExpenseOperating`	$368.00M	USD	Annual
Marketing	`MarketingExpense`	$325.00M	USD	Annual
Marketing	`MarketingExpense`	$103.00M	USD	Annual
Marketing	`MarketingExpense`	$122.00M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$924.00M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$1.17B	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$1.37B	USD	Annual
Total operating expenses	`OperatingExpenses`	$2.40B	USD	Annual
Total operating expenses	`OperatingExpenses`	$3.46B	USD	Annual
Total operating expenses	`OperatingExpenses`	$2.37B	USD	Annual
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	-	USD	Annual
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	-	USD	Annual
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	$2.04B	USD	Annual
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	Annual
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-16.00M	USD	Annual
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$3.00M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.03B	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.69B	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-533.00M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.00M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.00M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.00M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.03B	USD	Annual
Net loss	`NetIncomeLoss`	$-3.69B	USD	Annual
Net loss	`NetIncomeLoss`	$-541.00M	USD	Annual
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.03B	USD	Annual
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.69B	USD	Annual
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-541.00M	USD	Annual
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-1.03B	USD	Annual
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-541.00M	USD	Annual
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-3.69B	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.61	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-7.49	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-1.17	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.17	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-7.49	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.61	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	890.86M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	492.38M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	878.63M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	890.86M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	878.63M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	492.38M	shares	Annual

Cash Flow Statement 153 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.03B	USD	Annual
Net loss	`NetIncomeLoss`	$-3.69B	USD	Annual
Net loss	`NetIncomeLoss`	$-541.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$71.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$61.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$26.00M	USD	Annual
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$5.00M	USD	Annual
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$45.00M	USD	Annual
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	Annual
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$78.00M	USD	Annual
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$36.00M	USD	Annual
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$43.00M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$871.00M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$1.57B	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$654.00M	USD	Annual
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	-	USD	Annual
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	-	USD	Annual
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	$2.04B	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$35.00M	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$-1.00M	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$3.00M	USD	Annual
Securities segregated under federal and other regulations	`IncreaseDecreaseInSegregatedSecuritiesUnderFederalAndOtherRegulations`	-	USD	Annual
Securities segregated under federal and other regulations	`IncreaseDecreaseInSegregatedSecuritiesUnderFederalAndOtherRegulations`	$-135.00M	USD	Annual
Securities segregated under federal and other regulations	`IncreaseDecreaseInSegregatedSecuritiesUnderFederalAndOtherRegulations`	-	USD	Annual
Receivables from brokers, dealers, and clearing organizations	`IncreaseDecreaseInBrokerageReceivables`	$13.00M	USD	Annual
Receivables from brokers, dealers, and clearing organizations	`IncreaseDecreaseInBrokerageReceivables`	$-12.00M	USD	Annual
Receivables from brokers, dealers, and clearing organizations	`IncreaseDecreaseInBrokerageReceivables`	$-36.00M	USD	Annual
Receivables from users, net	`IncreaseDecreaseInAccountsReceivable`	$298.00M	USD	Annual
Receivables from users, net	`IncreaseDecreaseInAccountsReceivable`	$3.36B	USD	Annual
Receivables from users, net	`IncreaseDecreaseInAccountsReceivable`	$-3.39B	USD	Annual
Securities borrowed	`IncreaseDecreaseInSecuritiesBorrowed`	$517.00M	USD	Annual
Securities borrowed	`IncreaseDecreaseInSecuritiesBorrowed`	-	USD	Annual
Securities borrowed	`IncreaseDecreaseInSecuritiesBorrowed`	$1.08B	USD	Annual
Deposits with clearing organizations	`IncreaseDecreaseInDepositOtherAssets`	$-142.00M	USD	Annual
Deposits with clearing organizations	`IncreaseDecreaseInDepositOtherAssets`	$102.00M	USD	Annual
Deposits with clearing organizations	`IncreaseDecreaseInDepositOtherAssets`	$152.00M	USD	Annual
Current and non-current prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-37.00M	USD	Annual
Current and non-current prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$135.00M	USD	Annual
Current and non-current prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-33.00M	USD	Annual
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$48.00M	USD	Annual
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$54.00M	USD	Annual
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$26.00M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$134.00M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$134.00M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-62.00M	USD	Annual
Payables to users	`IncreaseDecreaseInPayablesToCustomers`	$578.00M	USD	Annual
Payables to users	`IncreaseDecreaseInPayablesToCustomers`	$-1.77B	USD	Annual
Payables to users	`IncreaseDecreaseInPayablesToCustomers`	$396.00M	USD	Annual
Securities loaned	`IncreaseDecreaseInSecuritiesLoanedTransactions`	$1.71B	USD	Annual
Securities loaned	`IncreaseDecreaseInSecuritiesLoanedTransactions`	$-1.82B	USD	Annual
Securities loaned	`IncreaseDecreaseInSecuritiesLoanedTransactions`	$1.73B	USD	Annual
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-31.00M	USD	Annual
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$122.00M	USD	Annual
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$45.00M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.18B	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-852.00M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-885.00M	USD	Annual
Purchases of property, software, and equipment	`PaymentsToAcquireOtherProductiveAssets`	$2.00M	USD	Annual
Purchases of property, software, and equipment	`PaymentsToAcquireOtherProductiveAssets`	$63.00M	USD	Annual
Purchases of property, software, and equipment	`PaymentsToAcquireOtherProductiveAssets`	$28.00M	USD	Annual
Capitalization of internally developed software	`PaymentsToDevelopSoftware`	$29.00M	USD	Annual
Capitalization of internally developed software	`PaymentsToDevelopSoftware`	$19.00M	USD	Annual
Capitalization of internally developed software	`PaymentsToDevelopSoftware`	$20.00M	USD	Annual
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$25.00M	USD	Annual
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$27.00M	USD	Annual
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	Annual
Proceeds from sales and maturities of available-for-sale investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	-	USD	Annual
Proceeds from sales and maturities of available-for-sale investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$42.00M	USD	Annual
Proceeds from sales and maturities of available-for-sale investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$10.00M	USD	Annual
Purchases of held-to-maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	-	USD	Annual
Purchases of held-to-maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	$759.00M	USD	Annual
Purchases of held-to-maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	-	USD	Annual
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	-	USD	Annual
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$282.00M	USD	Annual
Proceeds from maturities of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	-	USD	Annual
Acquisitions of a business, net of cash and cash equivalents acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisitions of a business, net of cash and cash equivalents acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$125.00M	USD	Annual
Acquisitions of a business, net of cash and cash equivalents acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$93.00M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$20.00M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$3.00M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-238.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-60.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-582.00M	USD	Annual
Proceeds from issuance of common stock in connection with initial public offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	Annual
Proceeds from issuance of common stock in connection with initial public offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	Annual
Proceeds from issuance of common stock in connection with initial public offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	$2.05B	USD	Annual
Proceeds from issuance of common stock under the Employee Stock Purchase Plan ("ESPP")	`ProceedsFromStockPlans`	$16.00M	USD	Annual
Proceeds from issuance of common stock under the Employee Stock Purchase Plan ("ESPP")	`ProceedsFromStockPlans`	$14.00M	USD	Annual
Proceeds from issuance of common stock under the Employee Stock Purchase Plan ("ESPP")	`ProceedsFromStockPlans`	$7.00M	USD	Annual
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.00M	USD	Annual
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.00M	USD	Annual
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$422.00M	USD	Annual
Proceeds from issuance of convertible notes and warrants	`ProceedsFromIssuanceOfConvertibleDebtAndWarrants`	$3.55B	USD	Annual
Proceeds from issuance of convertible notes and warrants	`ProceedsFromIssuanceOfConvertibleDebtAndWarrants`	-	USD	Annual
Proceeds from issuance of convertible notes and warrants	`ProceedsFromIssuanceOfConvertibleDebtAndWarrants`	-	USD	Annual
Draws on credit facilities	`ProceedsFromLinesOfCredit`	$21.00M	USD	Annual
Draws on credit facilities	`ProceedsFromLinesOfCredit`	$1.97B	USD	Annual
Draws on credit facilities	`ProceedsFromLinesOfCredit`	$20.00M	USD	Annual
Repayments on credit facilities	`RepaymentsOfLinesOfCredit`	$21.00M	USD	Annual
Repayments on credit facilities	`RepaymentsOfLinesOfCredit`	$20.00M	USD	Annual
Repayments on credit facilities	`RepaymentsOfLinesOfCredit`	$1.97B	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.00M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.00M	USD	Annual
Change in principal collected from customers due to Coastal Bank	`ChangeInCustomerFundsRestrictedFromUseInOperations`	-	USD	Annual
Change in principal collected from customers due to Coastal Bank	`ChangeInCustomerFundsRestrictedFromUseInOperations`	$1.00M	USD	Annual
Change in principal collected from customers due to Coastal Bank	`ChangeInCustomerFundsRestrictedFromUseInOperations`	-	USD	Annual
Proceeds from exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$6.00M	USD	Annual
Proceeds from exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$5.00M	USD	Annual
Proceeds from exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$14.00M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$608.00M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.20B	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-610.00M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.00M	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Annual
Net decrease in cash, cash equivalents, segregated cash, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.08B	USD	Annual
Net decrease in cash, cash equivalents, segregated cash, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-913.00M	USD	Annual
Net decrease in cash, cash equivalents, segregated cash, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-11.00M	USD	Annual
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`	$6.19B	USD	Point-in-time
Cash, cash equivalents, segregated cash, and restricted cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.35B	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, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.36B	USD	Point-in-time
Cash, cash equivalents, segregated cash, and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.19B	USD	Point-in-time
Cash, cash equivalents, segregated cash, and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.35B	USD	Point-in-time
Cash, cash equivalents, segregated cash, and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.27B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$6.25B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$4.83B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$6.34B	USD	Point-in-time
Segregated cash, end of the period	`CashSegregatedUnderOtherRegulations`	$4.45B	USD	Point-in-time
Segregated cash, end of the period	`CashSegregatedUnderOtherRegulations`	$3.99B	USD	Point-in-time
Segregated cash, end of the period	`CashSegregatedUnderOtherRegulations`	$3.00B	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 current assets, end of the period	`RestrictedCashCurrent`	$1.00M	USD	Point-in-time
Restricted cash in other current assets, end of the period	`RestrictedCashCurrent`	$46.00M	USD	Point-in-time
Restricted cash in other non-current assets, end of the period	`RestrictedCashNoncurrent`	$24.00M	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`	$9.36B	USD	Point-in-time
Cash, cash equivalents, segregated cash, and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.19B	USD	Point-in-time
Cash, cash equivalents, segregated cash, and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.35B	USD	Point-in-time
Cash, cash equivalents, segregated cash, and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.27B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$12.00M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$12.00M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$12.00M	USD	Annual
Cash paid for income taxes, net of refund received	`IncomeTaxesPaidNet`	$6.00M	USD	Annual
Cash paid for income taxes, net of refund received	`IncomeTaxesPaidNet`	$9.00M	USD	Annual
Cash paid for income taxes, net of refund received	`IncomeTaxesPaidNet`	$4.00M	USD	Annual

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquity`	$7.29B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$6.70B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$-55.00M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$6.96B	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-1.03B	USD	Annual
Net loss	`NetIncomeLoss`	$-3.69B	USD	Annual
Net loss	`NetIncomeLoss`	$-541.00M	USD	Annual
Shares issued in connection with stock option exercise, net of repurchases	`StockIssuedDuringPeriodValueShareBasedCompensation`	$14.00M	USD	Annual
Shares issued in connection with stock option exercise, net of repurchases	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.00M	USD	Annual
Shares issued in connection with stock option exercise, net of repurchases	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.00M	USD	Annual
Issuance of common stock in connection with Employee Stock Purchase Plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$14.00M	USD	Annual
Issuance of common stock in connection with Employee Stock Purchase Plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$16.00M	USD	Annual
Issuance of common stock in connection with Employee Stock Purchase Plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$7.00M	USD	Annual
Issuance of common stock in connection with initial public offering, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$2.05B	USD	Annual
Issuance of common stock upon settlement of restricted stock units, net of shares withheld	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-12.00M	USD	Annual
Issuance of common stock upon settlement of restricted stock units, net of shares withheld	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-12.00M	USD	Annual
Repurchase and retirement of Class A common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$611.00M	USD	Annual
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$422.00M	USD	Annual
Conversion of preferred stock to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$2.18B	USD	Annual
Conversion of convertible notes to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleDebt`	$5.22B	USD	Annual
Reclassification of warrant liability to stockholders' equity	`AdjustmentsToAdditionalPaidInCapitalReclassificationOfWarrantLiabilityToEquity`	$380.00M	USD	Annual
Change in other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	Annual
Change in other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00M	USD	Annual
Change in other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.00M	USD	Annual
Vesting of replacement awards issued in connection with acquisition	`AdjustmentsToAdditionalPaidInCapitalStockBasedCompensationAwardsAttributableToServicesInBusinessAcquisition`	$1.00M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$682.00M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.60B	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$888.00M	USD	Annual
Ending balance	`StockholdersEquity`	$7.29B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.70B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-55.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.96B	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.03B	USD	Annual
Net loss	`NetIncomeLoss`	$-3.69B	USD	Annual
Net loss	`NetIncomeLoss`	$-541.00M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.00M	USD	Annual
Net losses arising during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-4.00M	USD	Annual
Net losses arising during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	Annual
Net losses arising during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	Annual
Reclassification adjustment for net losses included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	Annual
Reclassification adjustment for net losses included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.00M	USD	Annual
Reclassification adjustment for net losses included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	Annual
Net loss on hedging instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	Annual
Net loss on hedging instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-3.00M	USD	Annual
Net loss on hedging instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00M	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.00M	USD	Annual
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-3.69B	USD	Annual
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.03B	USD	Annual
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-544.00M	USD	Annual

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