NASDAQ$FUTU

Futu Holdings Ltd-ADR · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Futu Q3 revenue surges 86% to HK$6.4B as funded accounts top 3.1M and client assets hit HK$1.24T

Futu Holdings reported third-quarter 2025 total revenues of HK$6,402.9 million (US$822.9 million), up 86.3% year over year, as trading activity and client assets expanded sharply. Gross profit rose 99.5% to HK$5,609.2 million (87.6% margin) and income from operations increased 125.5% to HK$3,904.4 million (61.0% margin). Net income grew 143.9% to HK$3,217.2 million (US$413.5 million); non-GAAP adjusted net income was HK$3,312.5 million. Diluted EPS per ADS was HK$22.80 (US$2.93). Funded accounts reached 3,131,450 (+42.6% YoY) with net adds of 254,000 in the quarter. Total client assets were HK$1.24 trillion (+78.9% YoY) and total trading volume hit a record HK$3.90 trillion.

  • Total revenue grew 86.3% YoY to HK$6.4B; net income rose 143.9% to HK$3.2B (50.2% margin)
  • Net new funded accounts totaled 254K; funded accounts reached 3.13M (+42.6% YoY)
  • Client assets reached HK$1.24T (+78.9% YoY); trading volume hit record HK$3.90T (+104.8% YoY)
  • Brokerage commission income HK$2.9B (+90.6%); interest income HK$3.0B (+79.2%)
  • Board authorized new US$800M share repurchase program through December 2027

Headline financials

Total Revenue

HK$6.4B

Previous: HK$442M+1347.7%
EPS (adj)

HK$22.80

Previous: HK$1.28+1681.3%
Margin financing and securities lending balance

HK$63.1B

No prior period
Total client assets

HK$1.24T

No prior period
Total trading volume

HK$3.9T

No prior period
Total funded accounts

3.1M

No prior period
Net Income

HK$3.22B

No prior period
Operating Income

HK$3.9B

No prior period
Gross Profit

HK$5.61B

No prior period

Revenue & EPS history

Futu · Revenue · Quarterly

HK$6.4B

Q3 2025+1,347.7%vs Q3 2024
Beat estimate in 13 of 14 quarters(93%)
ActualEstimate

Revenue by segment

Futu · HK$6.4B total across 3 segments · Q3 2025

  • Interest income
    HK$3.05B
  • Brokerage commission and handling charge income
    HK$2.91B
  • Other income
    HK$444M

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro