Futu Holdings Limited’s shares rose 7% in pre-market trading on Thursday after the online brokerage reported second-quarter results that exceeded analyst forecasts.
The Hong Kong-based company posted adjusted earnings per American Depositary Share (ADS) of HK$26.08, above the HK$25.85 consensus estimate. Revenue totaled HK$7.20 billion, a 35.6% increase from HK$5.31 billion in the same period last year and surpassing the HK$5.91 billion estimate.
Net income climbed 41.6% year-over-year to HK$3.64 billion, while adjusted net income rose 40.1% to HK$3.73 billion. Total client assets grew 43.6% to HK$1.40 trillion, and funded accounts increased 33.6% to 3.84 million, with 252,000 net new accounts added during the quarter.
Trading activity surged, with total trading volume reaching a record HK$6.42 trillion, up 78.8% from the prior-year period and 54.6% quarter-over-quarter. Brokerage commission and handling charge income rose 30.3% to HK$3.36 billion, while interest income increased 36.5% to HK$3.12 billion.
Margin financing and securities lending balances climbed 85.1% year-over-year to HK$95.1 billion. As of June 30, 2026, the company had repurchased approximately 3.8 million ADSs for US$418 million under its ongoing share buyback program.
Futu’s performance was driven by higher brokerage commissions, interest income, and other revenue from currency exchange and IPO financing services, with U.S. stock trading activity cited as a key contributor to the record trading volume.
