Futu Holdings Beats Q4 Estimates with $3.07 EPS and 45.3% Revenue Growth
Futu Holdings reported Q4 2025 EPS of $3.07, topping estimates of $2.79, and revenue of $827.4 million versus $805.3 million expected, a 45.3% year-over-year increase. Non-GAAP adjusted net income for Q4 rose 77% to $444 million, driven by global expansion and higher trading activity.
1. Q4 2025 Earnings and Revenue Beat
Futu Holdings reported Q4 2025 earnings per share of $3.07, surpassing the $2.79 consensus, and generated revenue of $827.4 million compared with $805.3 million expected, marking a 45.3% increase from Q4 2024.
2. Non-GAAP Net Income Growth
Non-GAAP adjusted net income climbed 77% year-over-year to $444 million, reflecting stronger fee income from trading services, expanded premium subscription uptake, and elevated platform activity across markets.
3. Full-Year 2025 Financial Performance
For the year ended December 31, 2025, Futu delivered $2.94 billion in revenue, up 68.1% year-over-year, while non-GAAP net income more than doubled to $1.50 billion, driven by robust trading volumes and product diversification.
4. Client Base Expansion and Assets
In 2025, Futu added 954,090 net new funded accounts—119% above guidance—bringing funded accounts to 3.3 million (+39.6% year-over-year), and grew total client assets by 65.9% to HK$1.23 trillion.