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Futu Holdings Ltd (FUTU)
NASDAQ:FUTU
Earnings Data
Report Date
Jun 03, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
3.04Last Year’s EPS
1.95Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong year-over-year growth across accounts, trading volume, revenue and profitability, with notable operational progress in AI, crypto product enrichment and Airstar Bank capabilities. Key positives include record trading volume (HKD 3.98 trillion, +38% YoY), robust client acquisition in 2025 (950k new funded accounts, +40% total accounts YoY), and significant margin expansion (net income +80% YoY). Offsetting risks were sequential moderation in new accounts (-8% QoQ), substantial mark-to-market losses on Hong Kong holdings that flattened client assets QoQ, a 31% QoQ decline in Hong Kong trading volume, and pending regulatory approvals for Hong Kong crypto services. Overall, the positive operational and financial momentum materially outweighs the near-term market and regulatory headwinds.Company Guidance
Strong Client Acquisition in 2025
Added more than 950,000 net new funded accounts in 2025 (surpassing full-year guidance by 19%), bringing total funded accounts to ~3.4 million, up 40% year-over-year; guidance for 2026 is to acquire 800,000 net new funded accounts.
Record Trading Volume
Total trading volume reached a record HKD 3.98 trillion in Q4, up 38% year-over-year and 2% quarter-over-quarter; U.S. stock trading turnover was HKD 3.0 trillion in Q4, up 17% sequentially.
Material Revenue and Profit Growth
Q4 total revenues were HKD 6.4 billion, up 45% year-over-year; full-year revenue increased HKD 22.8 billion (+68% YoY). Q4 gross profit was HKD 5.7 billion (+56% YoY) with gross margin improving to 88.7% (from 82.5%).
Significant Margin and Net Income Expansion
Income from operations rose 87% year-over-year to HKD 4.1 billion (operating margin 64.4% vs 50.0% prior year); net income increased 80% year-over-year to HKD 3.4 billion with net income margin expanding to 52.3% (from 42.2%).
Client Assets and Leverage Growth
Total client assets were HKD 1.23 trillion at quarter end, up 66% year-over-year (flat QoQ). Margin financing and securities lending balance expanded 7% sequentially to HKD 67.7 billion; daily average margin balance saw double-digit sequential rise driven by IPO activity.
Geographic Expansion and Market Leadership
Broad-based funded-account growth led by Hong Kong and Malaysia; Japan cumulative app downloads surpassed 2 million and moomoo was the most downloaded trading app in Australia in 2025; overseas brand moomoo accounts represent ~55% of group funded accounts.
Wealth Management and IPO Franchise Strength
Managed client assets reached HKD 179.6 billion, up 62% year-over-year; at quarter end the platform had 600 IPO distributions (+24% YoY), provided investment banking services to over half of newly listed Hong Kong Board companies, and platform subscription amount represented 49% of total public offering subscription amount.
Product & Tech Investments — AI and Crypto
Increased R&D and AI initiatives (R&D expense Q4 HKD 507 million, +27% YoY) with new AI features: automated market reports, earnings/news summaries, AI chatbot and natural-language quantitative strategy generation; crypto product expansion across Singapore and U.S., with client crypto penetration rising to high single-digit/low-teen levels.
Operational Improvements at Airstar Bank
Streamlined account opening, launched mutual funds and insurance in-app, released desktop version, and strengthened AML and AI-powered fraud detection — positioning Airstar Bank to scale wealth-management fee income over time.
FUTU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FUTU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 12, 2026 | $152.64 | $143.01 | -6.31% |
Nov 18, 2025 | $168.57 | $167.74 | -0.49% |
Aug 20, 2025 | $168.52 | $178.66 | +6.02% |
May 29, 2025 | $107.71 | $107.36 | -0.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Futu Holdings Ltd (FUTU) report earnings?
Futu Holdings Ltd (FUTU) is schdueled to report earning on Jun 03, 2026, Before Open (Confirmed).
What is Futu Holdings Ltd (FUTU) earnings time?
Futu Holdings Ltd (FUTU) earnings time is at Jun 03, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FUTU EPS forecast?
FUTU EPS forecast for the fiscal quarter 2026 (Q1) is 3.04.
