NASDAQ$FUTU

Futu Holdings Ltd-ADR · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Futu Holdings Ltd-ADR reported unaudited financial results for the first quarter ended March 31, 2026.

Futu reported total revenues of HK$5,856.0 million, up 24.7% YoY, with gross profit rising 29.4% to HK$5,106.7 million. Net income fell 61.2% to HK$831.0 million due to a RMB1.85 billion regulatory penalty reflected in the quarter. Operational metrics showed strong growth in funded accounts, client assets, and trading volume despite market volatility.

  • Total revenues HK$5,856.0 million (+24.7% YoY); gross margin improved to 87.2%.
  • Funded accounts reached 3,590,325 (+34.3% YoY); total client assets HK$1.22 trillion (+47.2% YoY).
  • Trading volume hit record HK$4.15 trillion (+29.1% YoY); margin financing balance HK$72.9 billion (+44.9% YoY).
  • Net income impacted by HK$2.09 billion equivalent regulatory penalty; non-GAAP adjusted net income HK$919.5 million.

Headline financials

Total Revenue

HK$5.86B

Previous: HK$4.69B+24.7%
EPS (adj)

HK$6.00

Previous: HK$1.97+204.6%
Margin financing and securities lending balance

HK$72.9B

No prior period
Total client assets

HK$1.22T

Previous: HK$830B+47.0%
Total trading volume

HK$4.15T

Previous: HK$3.22T+28.9%
Total funded accounts

3.6M

Previous: 2.7M+34.3%
Total client assets in wealth management

HK$178B

Previous: HK$139B+28.2%
Net Income

HK$831M

Previous: HK$2.14B-61.2%
Operating Income

HK$3.53B

Previous: HK$2.69B+31.5%
Gross Profit

HK$5.11B

Previous: HK$3.95B+29.4%

Revenue & EPS history

Futu · Revenue · Quarterly

HK$5.86B

Q1 2026+24.7%vs Q1 2025
Beat estimate in 13 of 14 quarters(93%)
ActualEstimate

Revenue by segment

Futu · HK$5.86B total across 3 segments · Q1 2026

  • Interest income
    HK$2.65B+28.0%
  • Brokerage commission and handling charge income
    HK$2.64B+14.3%
  • Other income
    HK$564M+79.7%

Forward guidance

Company tracking toward full-year guidance of 800 thousand net new funded accounts.

Tailwinds

  • Net asset inflows accelerating in Hong Kong and Singapore.
  • Trading volume at record levels with rotation to Hong Kong equities.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-0.5%

Avg return

Earnings day

+1.7%

Avg return

5 days after

+3.7%

Avg return

30 days after

40%

12 / 30 earnings

Positive

+26.6%

Q1 2022

Best reaction

-22.8%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025-7.6%-3.5%+1.2%
Q3 2025-0.4%-4.2%-2.8%
Q2 2025+5.9%+15.6%+5.6%
Q1 2025-0.4%-2.6%+12.6%
Q4 2024-3.8%+2.5%-28.0%
Q3 2024-3.6%-8.8%-9.4%
Q2 2024+0.2%+0.6%+8.5%
Q1 2024+2.3%+0.7%-11.9%
Q4 2023-17.0%-13.6%-12.1%
Q3 2023-1.1%-5.9%-13.3%
Q2 2023+4.6%+23.0%+21.0%
Q1 2023-1.7%-0.6%+1.0%
Q4 2022+0.2%+5.2%-11.3%
Q3 2022+7.4%+4.1%+22.5%
Q2 2022+6.1%+5.7%-21.3%
Q1 2022+26.6%+21.6%+35.4%
Q4 2021-13.5%+29.8%+26.3%
Q3 2021-8.4%-7.0%-24.7%
Q2 2021+15.4%+12.2%-3.9%
Q1 2021+2.5%-0.2%+24.1%
Q4 2020-8.6%-11.2%-0.2%
Q3 2020+12.9%+8.5%+0.7%
Q2 2020-6.6%-0.4%-13.6%
Q1 2020+6.8%+15.0%+53.0%
Q4 2018-0.2%-0.5%+38.7%
Q4 2017-0.2%-0.5%+38.7%
Q4 2019-22.8%-26.6%-5.8%
Q3 2019-4.3%-5.5%-10.2%
Q2 2019-3.5%-4.6%-0.9%
Q1 2019-3.5%+1.0%-8.9%
Q3 2018
Q2 2018
Q1 2018

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