Futu Announces Q2 2025 Results: Net Income Up 105% YoY, Crypto Strategy Drives Long-Term Growth

Futu Holdings Limited ("Futu" or the "Company") (Nasdaq: FUTU), a leading tech-driven digitalized brokerage and wealth management platform, today announced its unaudited financial results for the second quarter ended June 30, 2025.

This quarter, Futu reported total revenues of HK$5.31 billion (US$676.6 million), representing a year-over-year ("YoY") increase of 69.7%; its non-GAAP net income reached HK$2.66 billion (US$338.8 million), up 105.2% YoY. In terms of different businesses, brokerage commission and handling charge income totaled HK$2.58 billion (US$328.5 million), up 87.4% YoY; interest income rose by 43.8% YoY to HK$2.29 billion (US$291.5 million); other income (including income from wealth management, corporate services, etc.) amounted to HK$444.1 million (US$56.6 million), growing 175.8% YoY.

As of quarter-end, the combined number of registered users across Futu's platforms, Futubull and moomoo, reached 27.12 million, and the number of brokerage accounts grew to 5.24 million, representing YoY increases of 17% and 30%, respectively. The number of funded accounts rose to 2.88 million, up 41% YoY. The total client assets achieved HK$974 billion (US$124 billion), marking a YoY growth of 68%.

Hong Kong ("HK") market saw robust growth in Q2 as client net inflows remained strong and average client assets rose by double digits quarter-over-quarter ("QoQ"). Overseas markets also delivered strong growth momentum, with client assets rising by double digits QoQ across the board. Singapore marked a key milestone this quarter; the user base expanded, and now one in every two residents uses moomoo*. Benefiting from favorable financial market conditions, Futu's quarterly trading volume surged 121% YoY to HK$3.6 trillion, hitting a new all-time high.

"In the second quarter, we achieved a significant milestone in our internationalization journey, which is, as of quarter end, over 50% of Futu's funded accounts are from clients of overseas markets," said Mr. Leaf Hua Li, Futu's Founder, Chairman, CEO & Chairman of the Technology Committee, "Over the years, we've invested in building a more powerful financial ecosystem and now we've successfully integrated virtual assets into our platform, reshaping the investment landscape in the digital age, and we leveraged AI to enhance user experience. Our localization strategy - tailored to the unique needs of each market - has earned strong recognition from local users, driving growth across all regions. These well-executed initiatives not only drove remarkable performance in Q2 but also validated our long-term strategy to reshape financial services through technology. Looking ahead, we will continue strengthening our platform capabilities to help investors seize opportunities. We're confident that Futu is well-positioned to unlock further growth in the evolving digital finance era."