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Futu Holdings is set to release first-quarter 2026 financial results on May 28, 2026, at 7:30 AM ET, with management holding an earnings conference call to discuss performance across its fully digitalized Futubull and moomoo platforms. The release comes on the heels of record-breaking full-year 2025 results, where the Hong Kong-headquartered fintech company delivered 68.1% revenue growth and 108% net income growth, signaling sustained momentum heading into 2026. Analysts are forecasting Q1 2026 earnings to reflect continued client acquisition strength and international expansion.
🔥 Quick Facts
- Q1 earnings release scheduled for May 28, 2026, at 7:30 AM ET
- Full-year 2025 revenue surged 68.1% to HK$22.85 billion (US$2.94 billion)
- Net income doubled 108% in 2025 to HK$11.3 billion (US$1.457 billion)
- Company targeting 800,000 new funded accounts in 2026 while expanding into new Asian markets
- Client assets reached US$158.4 billion, up 66% year-over-year
What Investors Should Know About Futu’s Growth Trajectory
Futu Holdings has established itself as one of the fastest-growing digital brokerage and wealth management platforms in Asia-Pacific. The company operates across 8 major markets including Hong Kong, Singapore, Australia, the United States, Canada, Japan, and Malaysia. At the end of Q4 2025, Futu reported 29.18 million registered users across all platforms, with 3.37 million funded accounts and 5.95 million brokerage accounts. This diversified user base demonstrates the platform’s appeal across different client segments and geographies.
The company’s expansion strategy has delivered tangible results. Client assets under management jumped 66% in 2025 to reach US$158.4 billion, while net new funded accounts exceeded management guidance by 19% in the full year. This outperformance indicates that Futu’s customer acquisition efforts and product offerings are resonating with both retail and institutional investors seeking democratized, technology-driven investment solutions.
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Q4 2025 Performance Sets the Stage for Q1 Earnings
Full-year 2025 results released on March 12, 2026, revealed exceptional financial performance across key metrics. Total revenues increased 68.1% year-over-year to HK$22.85 billion, while gross profit grew 56.2% to HK$5.71 billion. On the profitability front, net income surged 108% to HK$11.3 billion, demonstrating significant operating leverage as the platform scales.
Q4 specifically showed momentum, with quarterly revenues reaching HK$6.44 billion, up 45.3% year-over-year. Net income grew 80.2% in Q4 to HK$3.37 billion (US$433 million), benefiting from higher trading activity, increased fund distribution income, and expanded IPO-related revenue. This strong fourth-quarter performance sets a robust baseline for expectations heading into Q1 2026.
Q1 2026 Analyst Expectations and Key Metrics
Market analysts have compiled consensus estimates for Futu’s Q1 2026 earnings, providing insight into what management may reveal on May 28. According to analyst research, Q1 2026 earnings per share is anticipated at approximately HK$22.52, while total revenue is estimated at HK$6.205 billion. These forecasts suggest that quarterly revenues could expand in the range of 40-50% year-over-year, consistent with the company’s recent trajectory.
| Metric | Full-Year 2025 Actual | Q1 2026 Consensus Estimate |
| Total Revenue | HK$22.85B (US$2.94B) | HK$6.205B |
| YoY Growth Rate | +68.1% | +40-50% (est.) |
| Net Income | HK$11.3B (US$1.457B) | TBA (May 28) |
| EPS Forecast | HK$3.35 (FY) | HK$22.52 (Q1) |
| Client Assets | US$158.4B | TBA (May 28) |
The recent earnings environment for financial services firms has demonstrated that retail investor engagement remains robust, even as market conditions fluctuate. Futu’s platform has benefited from sustained interest in digitalized investing, particularly among younger demographics and international users seeking access to Asian markets.
“Net new funded accounts in 2025 exceeded guidance by 19%, positioning the company for aggressive client acquisition in 2026. The company is targeting 800,000 net new funded accounts in 2026, with client acquisition costs expected to range from HKD 2,500 to HKD 3,000.”
— Futu Holdings Management, Earnings Guidance, March 12, 2026
Strategic Expansion and 2026 Growth Targets
Futu has outlined an ambitious roadmap for 2026 that extends beyond core markets. Management disclosed plans to enter a new Asian market in 2026, leveraging its existing expertise in Hong Kong, Singapore, Australia, Malaysia, and Japan. The strategic entry reflects confidence in the company’s ability to replicate its digital-first brokerage model across diverse regulatory environments and consumer behaviors.
A key performance indicator for Futu’s 2026 success will be its ability to achieve the 800,000 net new funded account target. This represents a meaningful scaled-up commitment compared to full-year 2025 net account additions. For context, Futu exceeded its 2025 funded account guidance by 19%, demonstrating the company’s ability to accelerate growth through product innovation, mobile platform enhancements, and international brand expansion. The company has operationalized client acquisition at HK$2,500-3,000 per funded account, indicating disciplined, repeat-scalable unit economics.
What Questions Remain Heading Into Q1 Earnings?
While Futu’s trajectory is undoubtedly strong, several variables will shape investor sentiment on May 28. The company will need to articulate how Q1 2026 funded account additions are tracking relative to the 800,000 annual target. Early-period momentum will signal whether 2026 growth is sustainable or faces headwinds from market volatility or increased competitive pressure from traditional brokers and fintech rivals.
Additionally, the earnings call will offer insight into geographic revenue mix and profitability by region. Futu’s international expansion—particularly in Singapore, Australia, and Malaysia—is critical for portfolio diversification beyond Hong Kong. Management commentary on crypto trading capabilities, AI-powered client engagement tools, and wealth management product innovation will also inform whether the platform can maintain pricing power and engagement as it scales. The conference call at 7:30 AM ET presents an opportunity for management to clarify capital allocation priorities, including potential dividends, buybacks, or reinvestment in technology.
Sources
- Futu Holdings Investor Relations – Q4 2025 earnings announcement, March 12, 2026
- Press Release (PR Newswire) – “Moomoo’s Parent Company Futu Achieves Consecutive Growth in Q4 and Full Year 2025”
- Seeking Alpha – Analyst research on 2026 funded account targets and guidance
- Yahoo Finance / Investing.com – Q1 2026 earnings forecast consensus and analyst estimates
- OTC Markets – Official Q1 2026 earnings announcement and conference call details
