---
schema_version: "secwatch.filing_event.v1"
accession: "0001783879-23-000223"
form_type: "8-K"
ticker: "HOOD"
cik: "0001783879"
company_name: "Robinhood Markets, Inc."
filed_at: "2023-09-29T23:59:59+00:00"
generated_at: "2026-06-10T07:01:02.832866+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Robinhood expects $100M Q3 charge for legal/regulatory matters

## Summary
- Expects to accrue ~$100M expense in Q3 2023 for previously disclosed legal/regulatory matters.
- Charge not included in prior 2023 GAAP operating expense outlook of $2,330-2,410M.
- Company not updating expense outlook now; will provide update with Q3 2023 results.

## SEC filing metadata
- accession: 0001783879-23-000223
- form_type: 8-K
- ticker: HOOD
- cik: 0001783879
- company_name: Robinhood Markets, Inc.
- filed_at: 2023-09-29T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1783879/000178387923000223/0001783879-23-000223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783879/000178387923000223/hood-20230929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001783879-23-000223
- JSON: https://secwatch.observer/filing/0001783879-23-000223.json
- Plain text: https://secwatch.observer/filing/0001783879-23-000223.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.