TLDR
- Futu Q2 net income rises 41.6% as revenue reaches HK$7.2 billion
- Trading volume jumps 78.8% to a record HK$6.42 trillion in Q2 2026
- Funded accounts grow 33.6% year over year to reach 3.84 million users
- Client assets climb 43.6% to HK$1.40 trillion as market activity rises
- Futu expands across Asia while repurchasing about $418 million in ADSs
Futu Holdings (FUTU) shares reported stronger second-quarter results as trading activity and client assets expanded across major markets. Net income rose 41.6% year over year to HK$3.64 billion during the quarter. Meanwhile, FUTU stock climbed 2.74% to $112.42 after recovering from an early drop below $110.
Futu Holdings Limited, FUTU
Futu Holdings Profit Rises as Revenue Reaches HK$7.2 Billion
Futu generated HK$7.20 billion in total revenue during the second quarter, representing 35.6% annual growth. Brokerage commission and handling income increased 30.3% to HK$3.36 billion. Higher trading activity supported the increase despite a lower blended commission rate.
Interest income rose 36.5% from the prior year to HK$3.12 billion. Higher margin financing balances and bank deposits supported that increase during the quarter. Other income also climbed 61.2% to HK$715.8 million.
Gross profit reached HK$6.21 billion, representing a 33.9% increase from the comparable 2025 period. However, gross margin declined to 86.3% from 87.4% one year earlier. Operating income increased 33.5% to HK$4.46 billion despite higher expenses.
Trading Volume Hits Record HK$6.42 Trillion
Total trading volume increased 78.8% year over year to a record HK$6.42 trillion. U.S. stock trading accounted for HK$5.02 trillion of the quarterly total. Strong activity in semiconductor and artificial intelligence-related companies supported the U.S. market increase.
Hong Kong stock trading volume reached HK$1.17 trillion during the quarter. Trading activity benefited from semiconductor companies, internet stocks and newly listed artificial intelligence businesses. Overall trading volume also increased 54.6% from the previous quarter.
Margin financing and securities lending balances rose 85.1% annually to HK$95.1 billion. The balance also increased 30.5% from the previous quarter. Strong Hong Kong IPO activity and higher leverage use supported the expansion.
Funded Accounts and Client Assets Continue Expanding
Futu ended June with 3.84 million funded accounts, marking a 33.6% annual increase. The company added about 252,000 net new funded accounts during the quarter. Malaysia generated the strongest additions, while Hong Kong and Singapore also supported growth.
Total brokerage accounts increased 26.6% year over year to 6.64 million. Meanwhile, total users rose 15.2% to 31.3 million by June 30. The figures reflect continued expansion across Futu’s international brokerage operations.
Client assets increased 43.6% annually to HK$1.40 trillion at the quarter’s end. Wealth management assets reached HK$180.2 billion, representing 10.4% annual growth. Futu expanded its investment offerings across Hong Kong and Singapore during the period.
Futu Expands Products Across International Markets
Futu continued adding financial products as it expanded its presence outside its established markets. Moomoo launched prediction markets in the United States during June. The company also secured approval for virtual asset financing services in Hong Kong.
Futu obtained a Type A license from Thailand’s securities regulator during July. The approval positions the company to launch Moomoo Thailand and expand further across Southeast Asia. These initiatives follow earlier expansion in markets including Malaysia and Singapore.
The company also continued returning capital through its existing share repurchase program. Futu had repurchased about 3.8 million ADSs by June 30 for roughly $418 million. Diluted net income per ADS increased to HK$26.08 from HK$18.24 one year earlier.
The post Futu Holdings (FUTU) Stock: Q2 Profit Jumps 42% as Trading Volume Hits Record HK$6.42 Trillion appeared first on Blockonomi.
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