Futu Holdings Limited (NASDAQ:FUTU) climbed 3.1% on Tuesday after the online brokerage posted third-quarter results that blew past analyst forecasts, powered by record-breaking trading volumes and accelerating client growth across its global markets.
For the quarter ending September 30, 2025, the company delivered adjusted earnings of HK$22.80 per ADS, well ahead of the HK$18.00 Wall Street expected. Revenue soared 86.3% year over year to HK$6.4 billion, comfortably topping the analyst consensus of HK$4.36 billion.
Total trading volume hit an all-time high of HK$3.90 trillion, marking a 104.8% jump from the same period a year earlier.
“In the third quarter, we added 254 thousand net new funded accounts, up 24.7% quarter-over-quarter,” said Leaf Hua Li, Futu’s Chairman and Chief Executive Officer. “Total funded accounts reached 3.1 million, up 42.6% year-over-year and 8.8% quarter-over-quarter. Client acquisition picked up in every market.”
Total client assets climbed 78.9% versus last year to HK$1.24 trillion, supported by strong net inflows and mark-to-market appreciation. Brokerage commission and handling fees surged 90.6% to HK$2.91 billion, while interest income gained 79.2% to HK$3.05 billion.
Trading in Hong Kong equities rose 42.9% quarter-over-quarter to HK$1.19 trillion, making up 31% of total turnover — the highest share since 2023. Meanwhile, cryptocurrency trading jumped 161%, with Ethereum surpassing Bitcoin as the platform’s most actively traded token.
Looking ahead, the board approved a fresh share buyback program allowing the company to repurchase up to US$800 million in ADSs over the next 24 months through December 31, 2027, succeeding its current authorization.