7Baggers
Quarterly
Annual
    Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 
      
    		                 
      assets
    		                 
      current assets:
    		                 
      cash and cash equivalents
    		4,162,000,000 4,416,000,000 4,332,000,000 4,611,000,000 4,524,000,000 4,717,000,000 4,835,000,000 4,889,000,000 5,829,000,000 5,459,000,000 6,339,000,000 6,187,000,000 5,962,000,000 6,191,000,000 6,253,477,000 6,166,705,000 5,077,752,000 
      cash, cash equivalents, and securities segregated under federal and other regulations
    		8,939,000,000 4,442,000,000 4,724,000,000  4,584,000,000 4,521,000,000       3,420,000,000     
      receivables from brokers, dealers, and clearing organizations
    		374,000,000 267,000,000 471,000,000 139,000,000 149,000,000 207,000,000 89,000,000 63,000,000 117,000,000 112,000,000 76,000,000 75,000,000 89,000,000 124,000,000 88,326,000   
      receivables from users
    		9,685,000,000 9,167,000,000 8,239,000,000 5,546,000,000 5,040,000,000 4,303,000,000 3,495,000,000 3,704,000,000 3,313,000,000 3,152,000,000 3,218,000,000 4,046,000,000 4,146,000,000 5,215,000,000 6,638,900,000 6,099,497,000 5,423,643,000 
      securities borrowed
    		6,159,000,000 4,114,000,000 3,236,000,000 3,704,000,000 2,217,000,000 2,107,000,000 1,602,000,000 1,204,000,000 960,000,000 844,000,000 517,000,000 139,000,000      
      deposits with clearing organizations
    		720,000,000 641,000,000 489,000,000 464,000,000 551,000,000 585,000,000 338,000,000 275,000,000 223,000,000 247,000,000 186,000,000 201,000,000 289,000,000 294,000,000 327,917,000 316,221,000 272,204,000 
      user-held fractional shares
    		3,083,000,000 2,531,000,000 2,530,000,000 2,201,000,000 2,011,000,000 1,975,000,000 1,592,000,000 1,396,000,000 1,409,000,000 1,217,000,000 997,000,000 1,029,000,000 1,297,000,000 1,929,000,000 1,834,479,000   
      held-to-maturity investments
    		134,000,000 192,000,000 398,000,000 527,000,000 503,000,000 495,000,000 413,000,000 372,000,000 321,000,000 290,000,000        
      prepaid expenses
    		108,000,000 89,000,000 75,000,000 86,000,000 65,000,000 64,000,000 63,000,000 75,000,000 88,000,000 90,000,000 86,000,000 80,000,000 88,000,000 75,000,000    
      deferred customer match incentives
    		124,000,000 113,000,000 100,000,000 73,000,000 67,000,000             
      other current assets
    		345,000,000 243,000,000 509,000,000 251,000,000 352,000,000 348,000,000 207,000,000 130,000,000 123,000,000 75,000,000 72,000,000 41,000,000 115,000,000 29,000,000 120,835,000 1,674,013,000 1,542,902,000 
      total current assets
    		33,833,000,000 26,215,000,000 25,103,000,000 42,605,000,000 40,706,000,000 45,545,000,000 31,790,000,000 25,739,000,000 28,106,000,000 27,188,000,000 22,917,000,000 24,145,000,000 24,045,000,000 18,355,000,000 19,283,542,000 18,849,696,000 17,900,887,000 
      property, software, and equipment
    		149,000,000 140,000,000 139,000,000 133,000,000 123,000,000 122,000,000 120,000,000 123,000,000 131,000,000 137,000,000 146,000,000 151,000,000 170,000,000 166,000,000 146,419,000   
      goodwill
    		383,000,000 292,000,000 179,000,000 179,000,000 179,000,000 175,000,000 175,000,000 164,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,521,000 95,564,000  
      intangible assets
    		191,000,000 109,000,000 38,000,000 39,000,000 45,000,000 46,000,000 48,000,000 53,000,000 21,000,000 23,000,000 25,000,000 27,000,000 30,000,000 32,000,000 34,107,000 35,227,000  
      non-current deferred customer match incentives
    		267,000,000 238,000,000 195,000,000 159,000,000 159,000,000             
      other non-current assets, including non-current prepaid expenses of 17 as of december 31, 2024 and 15 as of june 30, 2025
    		501,000,000                 
      total assets
    		35,324,000,000 27,517,000,000 26,187,000,000 43,245,000,000 41,346,000,000 46,088,000,000 32,332,000,000 26,318,000,000 28,660,000,000 27,785,000,000 23,337,000,000 24,601,000,000 24,548,000,000 18,872,000,000 19,769,179,000 19,317,368,000 18,088,582,000 
      liabilities and stockholders’ equity
    		                 
      current liabilities:
    		                 
      accounts payable and accrued expenses
    		369,000,000 319,000,000 397,000,000 443,000,000 386,000,000 351,000,000 384,000,000 373,000,000 236,000,000 203,000,000 185,000,000 203,000,000 243,000,000 249,000,000 252,313,000 237,147,000 292,851,000 
      payables to users
    		10,511,000,000 7,116,000,000 7,448,000,000 6,264,000,000 5,789,000,000 6,074,000,000 5,097,000,000 4,325,000,000 5,111,000,000 4,986,000,000 4,701,000,000 5,396,000,000 5,795,000,000 7,149,000,000 6,475,728,000 6,811,169,000 7,768,181,000 
      securities loaned
    		12,640,000,000 9,098,000,000 7,463,000,000 7,306,000,000 5,091,000,000 4,215,000,000 3,547,000,000 3,245,000,000 2,982,000,000 2,609,000,000 1,834,000,000 1,423,000,000 1,367,000,000 2,151,000,000 3,651,035,000 3,129,650,000 2,642,900,000 
      fractional shares repurchase obligation
    		3,083,000,000 2,531,000,000 2,530,000,000 2,201,000,000 2,011,000,000 1,975,000,000 1,592,000,000 1,396,000,000 1,409,000,000 1,217,000,000 997,000,000 1,029,000,000 1,297,000,000 1,929,000,000 1,834,479,000   
      other current liabilities
    		519,000,000 367,000,000 266,000,000 288,000,000 220,000,000 275,000,000 217,000,000 126,000,000 115,000,000 113,000,000 105,000,000 75,000,000 82,000,000 80,000,000 133,787,000 1,620,452,000 1,536,344,000 
      total current liabilities
    		27,122,000,000 19,431,000,000 18,104,000,000 35,958,000,000 34,140,000,000 39,113,000,000 25,545,000,000 19,648,000,000 21,356,000,000 20,617,000,000 16,253,000,000 17,509,000,000 17,399,000,000 11,581,000,000 12,347,342,000 11,798,418,000 12,240,276,000 
      other non-current liabilities
    		130,000,000 133,000,000 111,000,000 79,000,000 84,000,000 90,000,000 91,000,000 96,000,000 117,000,000 122,000,000 128,000,000    128,745,000 134,368,000 463,548,000 
      total liabilities
    		27,252,000,000 19,564,000,000 18,215,000,000 36,037,000,000 34,224,000,000 39,203,000,000 25,636,000,000 19,744,000,000 21,473,000,000 20,739,000,000 16,381,000,000 17,647,000,000 17,531,000,000 11,741,000,000 12,476,087,000 11,932,786,000 17,893,607,000 
      commitments and contingencies
    		                 
      stockholders’ equity:
    		                 
      preferred stock, 0.0001 par value. 210,000,000 shares authorized, no shares issued and outstanding as of december 31, 2024 and june 30, 2025.
    		                 
      class a common stock
    		              73,000 73,000  
      class b common stock
    		              13,000 13,000  
      class c common stock, 0.0001 par value. 7,000,000,000 shares authorized, no shares issued and outstanding as of december 31, 2024 and june 30, 2025.
    		                 
      additional paid-in capital
    		11,378,000,000 11,652,000,000 12,008,000,000 12,158,000,000 12,223,000,000 12,176,000,000 12,145,000,000 12,054,000,000 12,581,000,000 12,462,000,000 11,861,000,000 11,694,000,000 11,581,000,000 11,400,000,000 11,169,136,000 10,837,381,000 151,281,000 
      accumulated other comprehensive income
    		7,000,000   1,000,000   -3,000,000 -4,000,000 -3,000,000   -1,000,000   405,000 383,000 525,000 
      accumulated deficit
    		-3,313,000,000 -3,699,000,000 -4,035,000,000 -4,951,000,000 -5,101,000,000 -5,289,000,000 -5,446,000,000 -5,476,000,000 -5,391,000,000 -5,416,000,000 -4,905,000,000 -4,739,000,000 -4,564,000,000 -4,269,000,000 -3,876,535,000 -3,453,268,000 -2,136,571,000 
      total stockholders’ equity
    		8,072,000,000 7,953,000,000 7,972,000,000 7,208,000,000 7,122,000,000 6,885,000,000 6,696,000,000 6,574,000,000 7,187,000,000 7,046,000,000 6,956,000,000 6,954,000,000 7,017,000,000 7,131,000,000    
      total liabilities and stockholders’ equity
    		35,324,000,000 27,517,000,000 26,187,000,000 43,245,000,000 41,346,000,000 46,088,000,000 32,332,000,000 26,318,000,000 28,660,000,000 27,785,000,000 23,337,000,000 24,601,000,000 24,548,000,000 18,872,000,000    
      other non-current assets, including non-current prepaid expenses of 17 as of december 31, 2024 and march 31, 2025
    		 523,000,000                
      preferred stock, 0.0001 par value. 210,000,000 shares authorized, no shares issued and outstanding as of december 31, 2024 and march 31, 2025.
    		                 
      class c common stock, 0.0001 par value. 7,000,000,000 shares authorized, no shares issued and outstanding as of december 31, 2024 and march 31, 2025.
    		                 
      accumulated other comprehensive loss
    		  -1,000,000   -2,000,000            
      non-current held-to-maturity investments
    		    2,000,000 10,000,000 73,000,000 118,000,000 165,000,000 195,000,000        
      other non-current assets, including non-current prepaid expenses of 4 as of december 31, 2023 and 17 as of december 31, 2024
    		  533,000,000               
      preferred stock, 0.0001 par value. 210,000,000 shares authorized, no shares issued and outstanding as of december 31, 2023 and december 31, 2024.
    		                 
      class c common stock, 0.0001 par value. 7,000,000,000 shares authorized, no shares issued and outstanding as of december 31, 2023 and december 31, 2024.
    		                 
      cash and cash equivalents segregated under federal and other regulations
    		   5,547,000,000        2,954,000,000      
      asset related to user cryptocurrencies safeguarding obligation
    		   19,456,000,000 20,643,000,000 26,223,000,000 14,708,000,000 10,183,000,000 11,503,000,000 11,489,000,000 8,431,000,000 9,361,000,000 8,593,000,000     
      other non-current assets, including non-current prepaid expenses of 4 as of december 31, 2023 and 22 as of september 30, 2024
    		   130,000,000              
      user cryptocurrencies safeguarding obligation
    		   19,456,000,000 20,643,000,000 26,223,000,000 14,708,000,000 10,183,000,000 11,503,000,000 11,489,000,000 8,431,000,000 9,361,000,000 8,593,000,000     
      preferred stock, 0.0001 par value. 210,000,000 shares authorized, no shares issued and outstanding as of december 31, 2023 and september 30, 2024.
    		                 
      class c common stock, 0.0001 par value. 7,000,000,000 shares authorized, no shares issued and outstanding as of december 31, 2023 and september 30, 2024.
    		                 
      other non-current assets, including non-current prepaid expenses of 3 as of december 31, 2023 and 22 as of june 30, 2024
    		    132,000,000             
      preferred stock, 0.0001 par value. 210,000,000 shares authorized, no shares issued and outstanding as of december 31, 2023 and june 30, 2024.
    		                 
      class c common stock, 0.0001 par value. 7,000,000,000 shares authorized, no shares issued and outstanding as of december 31, 2023 and june 30, 2024.
    		                 
      other non-current assets, including non-current prepaid expenses of 3 as of december 31, 2023 and 4 as of march 31, 2024
    		     190,000,000            
      preferred stock, 0.0001 par value. 210,000,000 shares authorized, no shares issued and outstanding as of december 31, 2023 and march 31, 2024.
    		                 
      class c common stock, 0.0001 par value. 7,000,000,000 shares authorized, no shares issued and outstanding as of december 31, 2023 and march 31, 2024.
    		                 
      cash segregated under federal and other regulations
    		      4,448,000,000 3,448,000,000 4,220,000,000 4,213,000,000 2,995,000,000       
      non-current prepaid expenses
    		      4,000,000 3,000,000 6,000,000 11,000,000 17,000,000 27,000,000 37,000,000 35,000,000    
      other non-current assets
    		      122,000,000 118,000,000 131,000,000 131,000,000 132,000,000 29,000,000 16,000,000 5,000,000 180,817,000 198,442,000  
      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.
    		                 
      class c common stock, par value 0.0001. 7,000,000,000 shares authorized, no shares issued and outstanding as of december 31, 2022 and 2023.
    		                 
      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.
    		                 
      class c common stock, 0.0001 par value. 7,000,000,000 shares authorized, no shares issued and outstanding as of december 31, 2022 and september 30, 2023.
    		                 
      preferred stock, 0.0001 par value. 210,000,000 shares authorized, no shares issued and outstanding as of december 31, 2022 and june 30, 2023.
    		                 
      class c common stock, 0.0001 par value. 7,000,000,000 shares authorized, no shares issued and outstanding as of december 31, 2022 and june 30, 2023.
    		                 
      preferred stock, 0.0001 par value. 210,000,000 shares authorized, no shares issued and outstanding as of december 31, 2022 and march 31, 2023.
    		                 
      class c common stock, 0.0001 par value. 7,000,000,000 shares authorized, no shares issued and outstanding as of december 31, 2022 and march 31, 2023.
    		                 
      class c common stock, par value 0.0001. 7,000,000,000 shares authorized, no shares issued and outstanding as of december 31, 2021 and 2022.
    		                 
      investments
    		           32,000,000 46,000,000 40,000,000 27,189,000   
      restricted cash
    		           22,000,000 22,000,000 24,000,000 23,773,000 23,773,000 17,273,000 
      operating lease right-of-use-assets
    		           100,000,000 128,000,000 155,000,000    
      operating lease liabilities
    		           22,000,000 22,000,000 23,000,000    
      operating lease liabilities, non-current
    		           138,000,000 132,000,000 160,000,000    
      class c common stock, par value 0.0001. 7,000,000,000 shares authorized, no shares issued and outstanding as of december 31, 2021; 7,000,000,000 shares authorized, no shares issued and outstanding as of september 30, 2022.
    		                 
      class c common stock, par value 0.0001. 7,000,000,000 shares authorized, no shares issued and outstanding as of december 31, 2021; 7,000,000,000 shares authorized, no shares issued and outstanding as of june 30, 2022.
    		                 
      cash and securities segregated under federal and other regulations
    		             4,458,000,000 3,992,419,000 4,468,298,000 5,374,594,000 
      class c common stock, par value 0.0001. 7,000,000,000 shares authorized, no shares issued and outstanding as of december 31, 2021; 7,000,000,000 shares authorized, no shares issued and outstanding as of march 31, 2022.
    		                 
      liabilities, mezzanine equity and stockholders’ (deficit) equity
    		                 
      mezzanine equity
    		                 
      redeemable convertible preferred stock
    		                2,179,739,000 
      stockholders’ (deficit) equity:
    		                 
      preferred stock, 0.0001 par value. no shares authorized, issued and outstanding as of december 31, 2020; 210,000,000 shares authorized and no shares issued and outstanding as of december 31, 2021.
    		                 
      common stock
    		                1,000 
      class c common stock, par value 0.0001. no shares authorized, issued and outstanding as of december 31, 2020; 7,000,000,000 shares authorized, no shares issued and outstanding as of december 31, 2021.
    		                 
      total stockholders’ (deficit) equity
    		              7,293,092,000 7,384,582,000  
      total liabilities, mezzanine equity and stockholders’ (deficit) equity
    		              19,769,179,000 19,317,368,000  
      receivables from brokers, dealers and clearing organizations
    		               124,962,000 209,792,000 
      property, software and equipment
    		               114,666,000 71,078,000 
      preferred stock, 0.0001 par value. no shares authorized, issued and outstanding as of december 31, 2020; 210,000,000 shares authorized and no shares issued and outstanding as of september 30, 2021.
    		                 
      class c common stock, par value 0.0001. no shares authorized, issued and outstanding as of december 31, 2020; 7,000,000,000 shares authorized, no shares issued and outstanding as of september 30, 2021.
    		                 
      non-current assets
    		                99,344,000 
      liabilities, mezzanine equity and stockholders’ deficit
    		                 
      convertible notes
    		                5,189,783,000 
      stockholders’ deficit:
    		                 
      total stockholders’ deficit
    		                -1,984,764,000 
      total liabilities, mezzanine equity and stockholders’ deficit
    		                18,088,582,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.