Futu Holdings Surges Ahead: Q2 2026 Earnings Showcase Robust Growth, Innovation

The second quarter of 2026 was a resounding success for Futu Holdings, as evidenced by the company's impressive earnings report. In a conference call on August 20th, management highlighted key achievements and provided insight into the company's growth strategy.

One notable accomplishment was the acquisition of 252,000 net new funded accounts, representing a 23.7% year-over-year increase and a 12.2% quarter-over-quarter surge. This brings the total number of funded accounts to approximately 3.84 million, up 33.6% year-over-year and 7% quarter-over-quarter.

The company's success in Hong Kong was particularly noteworthy, with client acquisition accelerating sequentially during the quarter. This was attributed to a robust local IPO pipeline and strong performance in U.S. equities. The average revenue per new client also improved sequentially, driven by investor education initiatives across multiple asset classes and sustained investment in brand equity.

In June, Futu Securities became the first and only broker in Hong Kong to launch securities-backed margin financing for virtual assets under an upgraded Type 1 license approval from the SFC. This innovative move is expected to further enhance capital efficiency across traditional and digital asset markets.

Additionally, wealth management client assets reached HKD 180.2 billion, up 10% year-over-year and 1% quarter-over-quarter. During the quarter, clients shifted their preference from money market funds towards equity funds, driven by strong equity market performance.