The earnings call reflects a strong performance for Futu Holdings with significant growth in funded accounts, revenue, and client assets driven by strategic initiatives and favorable market conditions. Despite some challenges such as increased operating expenses and interest rate impacts, the company shows robust growth potential and confidence in achieving its annual targets.

Company Guidance -

Q2 2025

During the first quarter of 2025, Futu Holdings demonstrated robust growth with key metrics reflecting strong performance. The company added approximately 262,000 new funded accounts, marking a 48% year-over-year and 22% quarter-over-quarter increase, bringing the total to 2.7 million accounts. This growth aligns with their annual target of 800,000 net new funded accounts. Total client assets surged to HKD 830 billion, a 60% year-over-year and 12% quarter-over-quarter rise, driven by record net asset inflow and a rally in Hong Kong equities. Additionally, total trading volume reached HKD 3.22 trillion, up 140% year-over-year and 11% quarter-over-quarter. The introduction of Futubull AI, a smart investment assistant, received a satisfaction rate of about 90%, highlighting its effectiveness. Financially, Futu reported a total revenue of HKD 4.7 billion, an 81% increase from the previous year, with net income rising by 107% year-over-year to HKD 2.1 billion, reflecting a net income margin of 45.6%. These metrics underscore Futu's strategic growth and market expansion trajectory for 2025.

Record New Funded Accounts

Futu Holdings added approximately 262,000 new funded accounts in Q1 2025, representing a 48% increase year-over-year and a 22% increase quarter-over-quarter. The total funded accounts reached 2.7 million, up 42% from a year ago.

Strong Revenue Growth

Total revenue for Q1 2025 was HKD 4.7 billion, marking an 81% increase from HKD 2.6 billion in Q1 2024. Brokerage commission and handling charge income increased by 113% year-over-year.

Total Client Assets Surge

Total client assets reached HKD 830 billion, up 60% year-over-year and 12% quarter-over-quarter, driven by record net asset inflow.

Introduction of Futubull AI

Futubull AI, a smart investment assistant, was launched with a satisfaction rate of around 90% and plans to expand to international markets in Q2.

Increased Trading Volume

Total trading volume reached HKD 3.22 trillion in Q1 2025, up 140% year-over-year, with U.S. equity trading rising 8% sequentially.

Wealth Management Growth

Wealth management plan assets grew to HKD 139.2 billion, up 118% year-over-year and 26% quarter-over-quarter.

Futu Holdings (FUTU) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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FUTU Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 20, 2025	2025 (Q2)	1.78 / -	1.18	―	―	―
May 29, 2025	2025 (Q1)	1.81 / 1.95	1.029	89.95% (+0.93)	―
Mar 13, 2025	2024 (Q4)	1.55 / 1.78	0.804	120.94% (+0.97)	―
Nov 19, 2024	2024 (Q3)	1.24 / 1.27	1.001	26.84% (+0.27)	―
Aug 20, 2024	2024 (Q2)	1.04 / 1.18	1.018	15.93% (+0.16)	―
May 28, 2024	2024 (Q1)	0.88 / 1.03	1.144	-10.02% (-0.11)	―
Mar 14, 2024	2023 (Q4)	0.57 / 0.80	0.917	-12.31% (-0.11)	―
Nov 23, 2023	2023 (Q3)	0.99 / 1.00	0.675	48.30% (+0.33)	―
Aug 24, 2023	2023 (Q2)	0.93 / 1.02	0.568	79.15% (+0.45)	―
May 24, 2023	2023 (Q1)	0.88 / 1.14	0.534	114.35% (+0.61)	―

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
May 29, 2025	$107.71	$107.36	-0.32%
Mar 13, 2025	$111.73	$107.52	-3.77%
Nov 19, 2024	$90.23	$84.75	-6.07%
Aug 20, 2024	$61.12	$58.37	-4.50%

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.