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Futu Holdings Ltd (MX:FUTUN)
:FUTUN
Mexico Market
EarningsQ2 2026 Earnings Report

Futu Holdings (FUTUN) Q2 2026 Earnings Report

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MX:FUTUN Q2 2026 EPS Results

Actual EPS$60.36
Consensus EPS$54.07
Beat/MissBeat by +$6.29
One Year Ago EPS$42.21

MX:FUTUN Q2 2026 Revenue Results

Actual Revenue$16.69B
Expected Revenue$14.27B
Beat/MissBeat by +$2.42B
YoY Revenue Growth+35.05%

Earnings Announcement Details

QuarterQ2 2026
Date08/20/2026
TimeBefore Open
Conference CallThursday, August 20, 2026
MX:FUTUN Upcoming Earnings
Futu Holdings's next earnings date is estimated for November 24, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

MX:FUTUN Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

No slide deck is available for this earnings event.

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Aug 20, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presents strong top-line and operating performance—record trading volumes, robust account and asset growth, solid revenue and net income expansion, and strategic product/regulatory milestones (virtual asset financing, U.S. prediction markets, ASEAN licensing). Offsetting risks include rising costs (notably S&M and processing), higher interest and commission expenses, a modest compression in commission rates/gross margin, a Q2–Q3 moderation in new account additions and trading activity, and mid-single-digit client asset outflows tied to recent Mainland regulations. Management highlights overseas expansion momentum and improving profitability in key markets (Singapore breakeven; Malaysia recently breakeven), while noting CAC pressures and near-term sensitivity to market volatility.
Company Guidance
Management provided limited formal forward guidance but reiterated a full‑year blended CAC range of HKD 2,500–3,000 (Q2 blended CAC ≈ HKD 2,600 and higher in July) and said Q3‑to‑date trends are modestly softer with net funded‑account additions moderating versus Q2 (Q2 net adds 252,000; period‑end funded accounts 3.84 million), trading volume down modestly sequentially from Q2’s record HKD 6.42 trillion (U.S. HKD 5.02 trillion; Hong Kong HKD 1.17 trillion), and net asset inflows back to normalized levels after cumulative outflows of about mid‑single‑digit percent of total client assets (Q2 client assets HKD 1.4 trillion, +43.6% YoY, +14.5% QoQ); they noted Hong Kong retention >98%, moomoo now ~60% share of funded accounts, merchant financing/securities lending at HKD 95.1 billion, wealth management AUM HKD 180.2 billion, 683 IPO distribution/IR clients, and strong product signals (prediction‑market event contracts >$200 million in the first month); Thailand license secured but launch timing awaits regulator readiness, and the firm is exploring extending unified buying‑power to virtual assets.
Robust Account Growth
252,000 net new funded accounts in Q2 (+23.7% YoY, +12.2% QoQ); total funded accounts ~3.84 million (+33.6% YoY, +7.0% QoQ). Malaysia led net new funded accounts for the third consecutive quarter; Singapore registered users surpassed 2 million.
Large Increase in Client Assets and Leverage
Total client assets reached HKD 1.4 trillion (+43.6% YoY, +14.5% QoQ). Period-end merchant financing and securities lending balance rose to HKD 95.1 billion (+31% QoQ).
Record Trading Volume Driven by U.S. Stocks
Total trading volume hit a record HKD 6.42 trillion (+78.8% YoY, +54.6% QoQ). U.S. stock trading volume was HKD 5.02 trillion (up 67.2% sequentially) and Hong Kong trading volume was HKD 1.17 trillion (+15.9% QoQ).
Strong Revenue and Profitability Expansion
Total revenue was HKD 7.2 billion (+36% YoY). Gross profit HKD 6.2 billion (+34% YoY). Net income increased to HKD 3.6 billion (+42% YoY); net income margin expanded to 50.6% (from 48.4% prior year). Operating margin remained healthy at ~62%.
Product and Market Milestones
Futu Securities became the first Hong Kong broker to launch securities-backed margin financing for virtual assets under upgraded license. moomoo launched U.S. prediction markets in June with >$200 million in event-contract volume within one month. Obtained Type A securities license in Thailand as part of ASEAN expansion.
Wealth Management and IPO Franchise Strength
Wealth Management client assets reached HKD 180.2 billion (+10% YoY, +1% QoQ). Q2 ended with 683 IPO distribution/IR clients (+32% YoY); nearly 60% of newly listed Hong Kong companies partnered with Futu in the quarter.

MX:FUTUN Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Nov 24, 2026
2026 (Q3)
59.43 / -
52.765―
2026 (Q2)
54.07 / 60.36
42.21242.98% (+18.14)
2026 (Q1)
52.47 / 13.89
35.362-60.73% (-21.48)
2025 (Q4)
51.93 / 55.36
30.89579.18% (+24.46)
2025 (Q3)
44.66 / 52.76
23.073128.69% (+29.69)
2025 (Q2)
32.30 / 42.21
21.43796.91% (+20.77)
2025 (Q1)
32.35 / 35.36
18.69789.13% (+16.66)
2024 (Q4)
28.14 / 30.90
14.603111.57% (+16.29)
2024 (Q3)
22.47 / 23.07
18.1926.84% (+4.88)
Aug 20, 2024
2024 (Q2)
18.90 / 21.44
18.49115.93% (+2.95)
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