Futu Announces Q1 2026 Results: Robust Global Growth Sustained, With Revenues Up 25% YoY

(Hong Kong, May 28, 2026) — Futu Holdings Limited ("Futu" or the "Company") (Nasdaq: FUTU), a leading tech-driven digitalized brokerage and wealth management platform, today announced its unaudited financial results for the first quarter ended March 31, 2026.

In Q1, Futu's total revenues reached HK$5.90 billion (US$746.9 million), marking a year-over-year ("YoY") increase of 25.0%; its Non-GAAP net income reached HK$919.5 million (US$117.3 million). Net income (Non-GAAP) has factored in the adjusted subsequent event (CSRC proposed confiscation of illegal gains of approximately RMB0.47 billion and imposition of fines of approximately RMB1.38 billion from illegal business activities in the Chinese Mainland, totaling the two items is RMB1.85 billion); excluding the adjusted subsequent event, it would be HK$3.01 billion, up 35.8% YoY. In terms of revenue segments, its brokerage commission and handling charge income amounted to HK$2.64 billion (US$336.9 million); interest income was HK$2.65 billion (US$338.0 million); other income (including income from wealth management and corporate services businesses) totaled HK$564.3 million (US$72.0 million).

By the end of the quarter, the combined number of registered users across Futu's platforms, Futubull and moomoo, increased to 30.17 million, and the brokerage accounts to 6.28 million, reflecting YoY growth of 15% and 27%, respectively. The Company's funded accounts totaled 3.59 million. Client assets saw YoY growth of 47%, reaching HK$1.22 trillion (US$155.8 billion). Meanwhile, Q1 trading volume across Futu's platforms reached HK$4.15 trillion (US$529.4 billion), up 29% YoY.

Mr. Leaf Hua Li, Futu's Founder, Chairman, CEO & Chairman of the Technology Committee, said: "Building on our long-term overseas strategy and deep local roots, Futu sustained robust growth in Hong Kong this quarter, while our globalization deepened and the share of overseas clients continued to climb. We keep expanding the boundaries of financial services with cuttingedge technologies and a broad product mix to elevate user experience. In AI, Futu rolled out a full-scale upgrade of our AI features and launched the Futu API Skill globally, equipping users with more professional and easy-to-use investing tools to help them get ahead in the era of intelligent investing. In Web3, with our self-built virtual asset trading platform having commenced full-scale licensed operations, Futu has officially become the first super financial services platform in Hong Kong and Asia to bridge the closed-loop ecosystem of Web2 and Web3. Deeply integrating AI and Web3 into our platform will not only reshape the user experience but also generate longterm value for investors".

Global Expansion Gains Momentum as Diversified Businesses Drive Powerful Synergies

Futu's globalization strategy continues to advance steadily across eight major markets worldwide. In Hong Kong, Futu Securities has cemented its dominant position among retail brokerages, recording the highest trading volume among retail brokers during the period.* In Malaysia, key operating metrics — including funded accounts, net new funded accounts, and client assets - all posted double-digit quarter-over-quarter ("QoQ") growth. In North America, the moomoo brand continued to strengthen its presence, with client assets in Canada achieving double-digit QoQ growth. In Australia, moomoo maintained its leading position in app downloads throughout Q1, signaling that the platform's brand recognition and user base in the Australia market have entered a new phase of growth.

Buoyed by favorable market conditions that spurred active client trading, Futu's total trading volume shattered platform records in Q1, reaching HK$4.15 trillion. Hong Kong equities trading volume broke through HK$1 trillion, while US equities trading volume exceeded HK$3 trillion. Trading volumes across A-shares via stock connect, Singapore, Australia, Japan, Canada, and Malaysia all recorded double-digit QoQ growth. Meanwhile, assets under management (AUM) of wealth management services surged past HK$178.4 billion, up 28% YoY, with the number of clients holding wealth management products climbing 33% YoY.

Hong Kong's IPO market experienced a historic boom in Q1, with total fundraising exceeding HK$100 billion — propelling the city to the top of global IPO rankings. This wave of listings fueled rapid growth in Futu's corporate services business. In the first quarter, retail subscribers for Futu's Hong Kong IPO accounted for 24.4% of the total market, and the total subscription amount accounted for nearly half of the market.

On the corporate front, Futu's ESOP services have now served 853 corporate clients, while its IPO and IR services have supported 625 companies to date. Over 60% of Hong Kong IPO partners have chosen Futu, with notable new additions during the period, including Biren Technology, Longcheer, MiniMax, Busy Ming, and Zhipu AI. Leveraging the vast and engaging investor community, Futu continues to extend its market lead in the corporate services arena.

Leveled Up AI Capabilities to Lead the Era of Automated Trading

While delivering robust performance, Futu, as a leading fintech platform, is also building up innovative momentum. During the reporting period, it launched multiple innovative features and services. Most notably, its advances in AI have yielded industry-leading results.

The Company continued to expand and enhance its AI capabilities across its platforms, upgrading Futubull AI and moomoo AI from chatbot to intelligent engines that span the full investment cycle. By integrating extensive real-time, in-depth financial data with rigorous information verification, the platform empowers investors to cut through misinformation and improve decision-making efficiency. AI Algo Trading was upgraded to lower the barrier to quantitative trading for advanced investors. Users can define strategy parameters and risk control rules, allowing the system to execute trades automatically — improving both discipline and execution efficiency. Futu also introduced an AI-driven options contract interpretation feature that harnesses short-term stock trend analysis and general strategy frameworks to simplify options trading, helping users navigate market volatility with greater precision and confidence.

In addition, Futu pushed deeper into the frontier of Agentic Investing with the global rollout of Futu API Skill. Through API Skill, AI Agents deployed by investors can instantly tap into Futu/moomoo's API, gaining seamless access to real-time quotes, positions, order execution, and historical data. With nothing more than natural language commands, investors can direct their AI Agents to autogenerate, backtest, finetune, and deploy investment strategies to live trading - achieving fully automated trading with no coding. Backed by a triple-layer security framework, powered by OpenD, these new AI features make automated trading safer and more accessible to investors at all levels.

Pioneering Asia's First Self-Built Web2 + Web3 Ecosystem

In Q1, Futu's wholly-owned, self-built virtual asset trading platform (VATP), PantherTrade, commenced full-scale licensed operations and is poised for imminent integration with Futu Securities. It is Asia's first dual-licensed financial platform integrating securities brokerage and virtual asset exchange services, aiming to unleash the full potential of virtual asset services within a robust compliance framework.

Leveraging Asia's first self-built Web2 + Web3 ecosystem, Futu will provide virtual asset ETF issuers with a one-stop solution that spans from Initial Offering Period (IOP) and "on-chain + off-chain" trading to traditional and virtual asset custody and staking. Covering every stage of the product lifecycle, this solution enables seamless process integration and synergy, significantly enhancing issuance and circulation efficiency. In addition, Futu will enable eligible retail clients to leverage their securities and funds as collateral for virtual asset margin trading.

Based on Hong Kong's policy environment that actively promotes the development of Web3, Futu, with licensed compliance as its cornerstone, continues to expand its diverse investment offerings, positioning itself as a core hub connecting traditional finance and virtual assets. In the US market, direct crypto deposit and withdrawal services supporting 11 major blockchains and 30 cryptocurrencies are now available on moomoo US. It enables users to seamlessly integrate crypto assets with traditional securities in a one-stop platform.

Continuously Expanding and Refining Trading Capabilities to Meet Diverse Needs of Global Investors

At the same time, the Company rolled out a series of trading capability upgrades across global markets to meet diverse investor needs. In Malaysia, moomoo became the first licensed brokerage to support HK stock options trading and short selling. In Japan, it launched individual stock and index valuation features for moomoo desktop users, enhancing fundamental analysis.

Driven by its commitment to technological and service innovation, Futu partnered with world-class financial institutions and renowned cross-industry giants to cultivate a broader, more open investment ecosystem that empowers investor communities worldwide.

During the reporting period, Futu hosted Hong Kong's largest retail investment event Futu Expo, drawing over 12,000 investors to the event. In collaboration with Nasdaq, moomoo introduced Monday and Wednesday expirations options, driving strong user conversion through effective education and community engagement. To build an open, innovative investing ecosystem, moomoo and Google hosted a financial creator workshop in New York focused on AI empowerment and intelligent trading. In Singapore, moomoo formalized a strategic partnership with the Securities Investors Association of Singapore to enhance financial literacy through Moo Academy and other programs. In Malaysia, moomoo and Bursa Malaysia co-launched the country’s first large-scale retail investor event, expanding outreach to investors in the Penang region.

*Source: monthly reports on Hong Kong brokerages' trading volume between January 1 and March 31, 2026, by AiPO