Futu Holdings Limited (NASDAQ:FUTU) Surpasses Earnings and Revenue Estimates

Core Insights - Futu Holdings Limited, listed on NASDAQ as FUTU, is a tech-driven online brokerage and wealth management platform known for its innovative services and the Moomoo trading app [1] Financial Performance - For Q4 2025, Futu reported earnings per share of $3.07, surpassing the estimated $2.79, and revenue of approximately $827.4 million, exceeding the estimated $805.3 million [2][6] - The non-GAAP adjusted net income for Q4 2025 rose by 77% year-over-year, reaching $444 million [3][6] - For the entire year ending December 31, 2025, Futu recorded revenues of $2.94 billion, a 68.1% increase from the previous year, with non-GAAP adjusted net income of $1.50 billion, representing a 101.9% year-over-year growth [3] Client Growth and Engagement - In 2025, Futu added 954,090 net new funded accounts, surpassing its initial guidance by 119%, with total funded accounts increasing by 39.6% year-over-year to over 3.3 million [4] - The total number of brokerage accounts increased by 29.8%, totaling nearly 6 million, while the user base expanded by 16% to reach 29.2 million users [4] Asset Growth and Trading Volume - Futu's total client assets rose by 65.9% year-over-year, amounting to HK$1.23 trillion, with daily average client assets in Q4 reaching HK$1.24 trillion, a 71% increase from the previous year [5] - The total trading volume for Q4 2025 rose by 37.8% year-over-year, reaching HK$3.98 trillion, indicating robust growth and expanding influence in the online brokerage and wealth management sectors [5]