--- title: "Robinhood vs Acorns Statistics 2026: Users, AUM and Fees" date: 2026-06-28 author: "Barry Elad" featured_image: "https://coinlaw.io/wp-content/uploads/2026/06/robinhood-vs-acorns-statistics.jpg" categories: - name: "Investments" url: "/investments.md" tags: - name: "Statistics" url: "/tag/statistics.md" --- # Robinhood vs Acorns Statistics 2026: Users, AUM and Fees Robinhood Markets ended the first quarter of 2026 with **27.4 million** funded customers and **$307 billion** in total platform assets, a scale that dwarfs anything Acorns has publicly reported. The gap is one of visibility as much as size. Robinhood (NASDAQ: HOOD) discloses funded customers, platform assets, deposits, and revenue every quarter. Acorns Grow Incorporated is private, and last published a comprehensive metric set in its 2021 SEC filing, so the figures below clearly mark which Acorns numbers are current and which are its last verifiable disclosures. ## Key Takeaways - [Robinhood](https://coinlaw.io/robinhood-statistics/) reported **27.4 million** funded customers and **29.1 million** investment accounts in Q1 2026, against Acorns’ last SEC-disclosed base of more than **4 million** everyday Americans in 2021. - Robinhood’s **$307 billion** in total platform assets has no current Acorns equivalent, since Acorns has not disclosed a comprehensive asset figure since its 2021 SEC filing. - Robinhood earns transaction-based revenue rather than per-trade commissions, while Acorns runs a flat-fee ladder of **$3**, **$6**, and **$12** per month. - Robinhood Gold reached **4.3 million** subscribers, up **36%** year over year, roughly matching Acorns’ entire last-disclosed subscriber count. - Robinhood Strategies held over **$1.6 billion** in assets under management, the closest apples-to-apples comparison to Acorns’ robo-advisory model. - Robinhood posted total net revenues of **$1.07 billion** in Q1 2026, up **15%** year over year; Acorns, as a private company, does not report quarterly revenue. ## Editor’s Choice - Robinhood added **$17.7 billion** in net deposits in a single quarter, a **22%** annualized growth rate. - Robinhood’s average revenue per user reached **$157**, up **8%** year over year in Q1 2026. - Acorns Gold, its **$12** per month family plan, doubled its customer base in the past year. - Acorns has served over **3.3 million** kids globally, including one million in the United States. - Robinhood Gold subscription revenue hit **$50 million** in Q1 2026, up **32%** year over year. - Acorns completed its **5th** strategic acquisition in under two years with the **2025** purchase of Zeta. ## Funded Customers and Subscribers Robinhood reported **27.4 million** funded customers in Q1 2026, an increase of **1.7 million**, or **6%**, year over year, with investment accounts reaching **29.1 million**, up **8%**. Acorns has not released a directly comparable funded-account figure since 2021, when SEC materials described more than **4 million** everyday Americans and **4.3 million** subscribers. The table below pairs the most recent verifiable count from each company with the disclosure date attached to every Acorns figure. MetricRobinhood (Q1 2026)Acorns (last disclosed)Funded customers / subscribers27.4 million4.3 million (2021)Investment accounts29.1 millionNot separately reportedYear-over-year growth+6%+79% revenue growth (2021)Disclosure cadenceQuarterlySelective press releases*Source: Robinhood Investor Relations, SEC EDGAR (Acorns 2021 filing)* Our coverage of 80-plus statistics pages shows that subscriber and account growth, not price, is the metric that survives market cycles, and it is exactly the metric Acorns has stopped reporting at scale. ## Total Platform Assets and AUM Robinhood held **$307 billion** in total platform assets at the end of Q1 2026, up **39%** year over year, driven by net deposits, higher equity valuations, and acquired assets. Acorns has not disclosed a comparable total since its 2021 SEC filing, when it reported **4.3 million** subscribers, so no current head-to-head asset figure exists. Its subscriber base remains the closest verifiable Acorns proxy for scale. Asset measure by Robinhood (Q1 2026, USD billions) ROBINHOOD (Q1 2026, USD BILLIONS) · Robinhood (Q1 2026, USD billions) · Source: Robinhood Investor Relations. Figures in USD billions. ROBINHOOD (Q1 2026, USD BILLIONS) · COINLAW ANALYSIS Asset measure by Robinhood (Q1 2026, USD billions) Robinhood (Q1 2026, USD billions) Robinhood Investor 500 375 250 125 0 307 Total platform assets 1.6 Robinhood Strategies managed AUM 2 Robinhood Banking deposits SOURCE Robinhood Investor Relations. Figures in USD billions. > **By the numbers:** Robinhood Investor Relations reported **$307 billion** in total platform assets and **$17.7 billion** in net deposits in Q1 2026 alone. Acorns publishes no comparable platform-asset or deposit figure, so the single-quarter Robinhood deposit number has no current Acorns counterpart, a measure of how far the two platforms diverge in both scale and disclosure. ## Recent Developments - **April 2026:** Robinhood reported Q1 2026 net deposits of **$17.7 billion** and **4.3 million** Gold subscribers. - **February 2026:** Robinhood closed 2025 with record annual revenues of **$4.5 billion** and **27.0 million** funded customers. - **March 2026:** Robinhood’s board refreshed its share repurchase authorization to **$1.5 billion**. - **June 2025:** Acorns acquired couples-finance app Zeta, its fifth acquisition in under two years. - **May 2025:** Acorns acquired EarlyBird and disclosed it had doubled its **$12** per month Acorns Gold customer base over the prior year. - **February 2025:** Acorns marked one million kids served in the United States through Acorns Early. ## Robinhood Funded Customer Growth Robinhood’s customer base grew steadily through 2025 and into 2026. Funded customers rose to **27.0 million** by the end of 2025, up **1.8 million**, or **7%**, year over year, then reached **27.4 million** in Q1 2026. Investment accounts followed a similar path, climbing to **28.4 million** at year-end 2025 before reaching **29.1 million** in Q1 2026. Period by Funded Customers (millions) FUNDED CUSTOMERS (MILLIONS) · Funded Customers (millions) vs Gold Subscribers (millions) · Source: Robinhood Investor Relations FUNDED CUSTOMERS (MILLIONS) · COINLAW ANALYSIS Period by Funded Customers (millions) Funded Customers (millions) vs Gold Subscribers (millions) Robinhood Investor Funded Customers (millions) Gold Subscribers (millions) 50 40 30 20 10 0 Q4 2025 Q1 2026 SOURCE Robinhood Investor Relations The growth is incremental at this scale, where each percentage point represents hundreds of thousands of new accounts. The number alone understates the engine underneath it: deposits, not headline account counts, are now the clearer signal of where Robinhood is heading. ## Acorns Subscriber Base and Kids Served Acorns frames its growth around families rather than trading volume, and its hard metrics sit in the bullets below. - Acorns has served over **3.3 million** kids globally, including one million in the United States through Acorns Early. - Its last comprehensive subscriber disclosure was **4.3 million** subscribers in its 2021 SEC filing, against a then-stated goal of **10 million** by 2025. - Acorns described itself in 2021 as the largest subscription service in U.S. consumer finance, serving more than **4 million** everyday Americans. - The company doubled its Acorns Gold customer base over the prior year as of May **2025**. - Acorns made **5** strategic acquisitions in under two years, including GoHenry, PixPay, Chronifi, EarlyBird, and Zeta. > **Worth noting:** Acorns CEO Noah Kerner described the EarlyBird deal as a step toward becoming “a full financial wellness app for everyday families.” Acorns’ **$12** per month Gold plan and its **5** acquisitions in two years point to a family-finance strategy, but the absence of a current subscriber or AUM figure leaves the precise scale undisclosed since **2021**. ## Net Deposits and Asset Flows Robinhood’s net deposits are the metric that best captures momentum, and they have no public Acorns equivalent. Robinhood reported **$17.7 billion** in net deposits in Q1 2026, a **22%** annualized growth rate, and **$67.8 billion** over the trailing twelve months, a **31%** growth rate. For the full year 2025, net deposits reached **$68 billion**. - Q1 2026 net deposits: **$17.7 billion**. - Trailing-twelve-month net deposits: **$67.8 billion**. - Full-year 2025 net deposits: **$68 billion**, including **$16 billion** in Q4 2025. - Robinhood Banking deposits: over **$2 billion** from over **125,000** funded customers. Acorns, by contrast, publishes no deposit or asset-flow data on a recurring basis. Readers comparing the two should treat Robinhood’s flow metrics as having no current Acorns counterpart rather than assuming parity. For a wider view of how trading-app deposits have grown, see our [retail investing statistics](https://coinlaw.io/retail-investing-statistics/). ## Robinhood Subscription: Gold Robinhood Gold is the company’s paid subscription tier, and its growth has become a meaningful revenue line, summarized in the figures below. - Gold subscribers: **4.3 million** in Q1 2026, up **1.2 million** year over year. - Year-over-year subscriber growth: **36%**. - Gold subscription revenue: **$50 million** in Q1 2026, up **32%** year over year. - Gold’s contribution lifted other revenues up **57%** in the quarter. - Year-end 2025 Gold subscribers: **4.2 million**. Robinhood Gold is a paid subscription that adds higher cash-sweep rates, larger instant deposits, research tools, and lower margin rates on top of the free trading account. Gold is where Robinhood’s model starts to rhyme with Acorns’: a recurring monthly fee layered on top of a free core, rather than a fee that replaces it. ## Acorns Subscription Tiers and Fees Acorns charges a flat monthly subscription. Its three tiers are **$3**, **$6**, and **$12** per month, with no per-trade commissions and no percentage-based management charges, and the top **$12** tier is branded as Acorns Gold and aimed at families. The fee structure is the inverse of Robinhood’s: a fixed cost that does not scale with portfolio size or trading activity. Tier by Monthly fee MONTHLY FEE · Monthly fee (USD) · Source: see article table. MONTHLY FEE · COINLAW ANALYSIS Tier by Monthly fee Monthly fee (USD) 20 15 10 5 0 $3 Bronze $6 Silver $12 Gold SOURCE see article table. > **Why it matters:** Acorns’ flat **$12** per month Gold fee does not change with account balance. The flat-fee model rewards larger balances, the structural opposite of a percentage-of-assets robo-advisor, and a key reason micro-investors weigh balance size against the monthly fee. ## Fee Model Compared The two companies earn money in fundamentally different ways. Robinhood earns transaction-based revenue rather than per-trade commissions, alongside net interest and Gold subscriptions. Acorns charges a flat monthly fee of **$3** to **$12** and earns the bulk of its revenue from those subscriptions. The contrast shapes who each platform suits. - Robinhood: transaction-based revenue rather than per-trade commissions; revenue from order flow, interest, and subscriptions. - Acorns: flat **$3** to **$12** monthly fee with no per-trade commissions; revenue comes from the subscription itself. - Robinhood transaction-based revenue, Q1 2026: **$623 million**. - Acorns earns the bulk of its revenue from subscription fees rather than per-trade commissions. ## Robinhood Revenue Mix by Source Robinhood’s revenue leans heavily on transactions, not subscriptions. In Q1 2026, transaction-based revenue reached **$623 million**, up **7%** year over year, split across options revenue of **$260 million**, equities of **$82 million**, and cryptocurrencies of **$134 million**. Net interest revenue added **$359 million**, up **24%**, while other revenue, including Gold, contributed **$85 million**. Revenue source by Q1 2026 (USD millions) Q1 2026 (USD MILLIONS) · Q1 2026 (USD millions) · Source: see article table. Q1 2026 (USD MILLIONS) · COINLAW ANALYSIS Revenue source by Q1 2026 (USD millions) Q1 2026 (USD millions) 58% TRANSACTION-BASED Transaction-based 58% Net interest 34% Other (incl. Gold) 8% SOURCE see article table. The crypto line fell sharply, with cryptocurrency revenue down **47%** to **$134 million**, while options and equities grew. For deeper context on Robinhood’s crypto business, see [our Robinhood versus Coinbase analysis](https://coinlaw.io/robinhood-vs-coinbase-statistics/). ## Acorns Revenue Model Acorns earns most of its revenue from recurring subscriptions rather than transactions. Its 2021 SEC materials described **79%** revenue growth and **34%** ARPU expansion year over year, built on a model where subscription fees made up the large majority of revenue. Because Acorns is private, no current revenue figure has been confirmed, and the 2021 disclosure remains the last comprehensive data point. - Acorns 2021 revenue growth: **79%** year over year. - Acorns 2021 ARPU expansion: **34%** year over year. - Subscription fees, not trading commissions, are the core of the Acorns revenue model. - Current revenue: not publicly disclosed since 2021. What most coverage misses is that the Acorns revenue figures circulating online are estimates, not company disclosures. The last numbers Acorns stood behind in an SEC filing are nearly five years old, which is why we anchor every Acorns claim here to a dated source. ## Robinhood Year-Over-Year Growth Robinhood’s trajectory across 2025 and 2026 shows broad-based growth. Full-year 2025 revenue reached a record **$4.5 billion**, with diluted EPS of **$2.05**, and total platform assets rose **68%** year over year to **$324 billion** at year-end. Q1 2026 continued the pattern with net income up **3%** to **$346 million** and adjusted EBITDA up **14%** to **$534 million**. MetricFY2025Q1 2026Total net revenue$4.5 billion$1.07 billionDiluted EPS$2.05$0.38Funded customers27.0 million27.4 millionGold subscribers4.2 million4.3 million*Source: Robinhood Investor Relations* Acorns has no public year-over-year revenue series to place beside this, which is itself the clearest summary of the comparison. Across the trading-app coverage we track, the platforms that report transparently tend to set the benchmarks, while private peers are measured against estimates that no one can verify. ## Managed Investing: Robinhood Strategies vs Acorns The fairest head-to-head is between Acorns’ robo-advisory model and Robinhood Strategies, Robinhood’s managed-investing arm. Robinhood Strategies held over **$1.6 billion** in assets under management from over **285,000** funded customers as of Q1 2026. Acorns runs an established micro-investing book, but because it has not disclosed a current managed-AUM figure since its 2021 SEC filing, the two cannot be compared on a current basis. - Robinhood Strategies AUM: over **$1.6 billion**. - Robinhood Strategies customers: over **285,000**. - Acorns 2021 subscriber base: **4.3 million**, its last comprehensive disclosure. - Robinhood Banking deposits: over **$2 billion**. ## The Private-vs-Public Disclosure Gap Transparency, more than size, separates these two companies. Robinhood files quarterly reports with the SEC and publishes funded customers, platform assets, deposits, ARPU, and revenue every quarter. Acorns last published a comprehensive metric set in its 2021 Pioneer Merger Corp SPAC materials, when it cited **4.3 million** subscribers, a deal that was later terminated. - Robinhood discloses funded customers, **$307 billion** in platform assets, deposits, and **$1.07 billion** in revenue in Q1 2026. - Acorns’ last comprehensive figure was **4.3 million** subscribers in **2021**. - Robinhood Gold reached **4.3 million** subscribers in Q1 2026, a number Acorns last matched at the company-wide level in 2021. - Since the SPAC terminated, Acorns has shared only selective press-release figures rather than a full metric set. > **The takeaway:** Robinhood’s quarterly cadence produced more than a dozen verifiable 2026 data points for this comparison, while Acorns supplied a handful of dated press-release figures and one **2021** SEC disclosure. Any honest Robinhood versus Acorns comparison has to carry that asymmetry on its face rather than presenting estimated Acorns numbers as current. ## How many users do Robinhood and Acorns have? Robinhood reported **27.4 million** funded customers in Q1 2026, the company’s most recent quarterly disclosure. Acorns last confirmed **4.3 million** subscribers in its 2021 SEC filing and has since cited family-product milestones, including over **3.3 million** kids served globally, but no current total funded-account figure. ## Why doesn’t Acorns report numbers as often as Robinhood? Acorns is a private company, so it is not bound by the quarterly reporting requirements that apply to Robinhood as a publicly traded firm. Acorns’ last comprehensive disclosure came through its 2021 SPAC filings; since that deal was terminated, it has released only selective metrics through press releases. ## Is Acorns or Robinhood bigger? Robinhood is far larger by every publicly reported measure. It reported **27.4 million** funded customers and **$307 billion** in total platform assets in Q1 2026, while Acorns’ last comprehensive disclosure, from 2021, cited **4.3 million** subscribers. Robinhood’s managed-investing arm, Robinhood Strategies, holds over **$1.6 billion** in assets. Acorns has not published an updated total since its 2021 SPAC filings, so the true current gap cannot be measured from disclosed figures alone. ## How much does Acorns cost per month? Acorns charges a flat monthly subscription of **$3**, **$6**, or **$12**, depending on the tier. The **$3** Bronze plan covers an Acorns Invest account, and the **$6** Silver plan adds an IRA match, while the **$12** Gold plan adds kids’ investment accounts and custom portfolios. Acorns charges no per-trade commissions and no percentage-based management charges, and the flat fee does not change with account balance. ## Conclusion Robinhood ended Q1 2026 with **27.4 million** funded customers, **$307 billion** in total platform assets, and total net revenues of **$1.07 billion**, a scale that Acorns’ last verifiable figures, from 2021, do not approach. The two companies also earn money in opposite ways: Robinhood through $0-commission trading backed by transaction and interest revenue, and Acorns through flat **$3** to **$12** monthly subscriptions. The cleanest like-for-like comparison, managed investing, leaves Robinhood Strategies’ $1.6 billion against an Acorns figure the company has not updated since 2021. The harder truth in any Robinhood versus Acorns comparison is the data itself. Robinhood reports every quarter; Acorns has not published a comprehensive metric set since 2021. Investors weighing the two should read every current Acorns figure as a dated press-release snapshot rather than a quarterly disclosure, and watch whether Acorns returns to fuller reporting if it revisits public markets.