Futu Holdings Ltd (FUTU) SEC Filings & Earnings Calls
EquiReason read 7 Futu Holdings Ltd SEC filings in the last 12 months. Latest: 6-K on 2026-08-20 — Futu reports Q2 2026 earnings: revenue +35.6% YoY, net income +41.6% YoY, funded accounts +33.6% YoY, trading volume +78.8% YoY. Strong growth across all key metrics..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 15.7B
- P/E TTM
- —
- Dividend yield
- 1.8%
- 52-week
- —
- Next earnings
- 16 Nov, in 23 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
20 Aug 20266-KFutu reports Q2 2026 earnings: revenue +35.6% YoY, net income +41.6% YoY, funded accounts +33.6% YoY, trading volume +78.8% YoY. Strong growth across all key metrics.earningsopen
Figures in the filing · each found in the filing text
| Total revenues · Q2-2026 | $7.20B | +36% y/y |
| Net income · Q2-2026 | $3.64B | +42% y/y |
| Non-GAAP adjusted net income · Q2-2026 | $3.73B | +40% y/y |
| Total number of funded accounts · Q2-2026 | 3,842,667 | +34% y/y |
| Interest income · Q2-2026 | $3.12B | +37% y/y |
| Gross profit · Q2-2026 | $6.21B | +34% y/y |
| Margin financing and securities lending balance · Q2-2026 | $95.10B | +85% y/y |
| Total number of brokerage accounts · Q2-2026 | 6,639,583 | +27% y/y |
| Total number of users · Q2-2026 | 31,300,000 | +15% y/y |
| Brokerage commission and handling charge income · Q2-2026 | $3.36B | +30% y/y |
Risks flagged
Decline in blended commission rate partially offset higher trading volume.
“Brokerage commission and handling charge income increased 30.3% year-over-year, partially offset by a decline in blended commission rate.”
28 May 20266-KFutu Holdings reports Q1 2026 results: total revenues +24.7% YoY to HK$5,856M, net income -61.2% YoY to HK$831M due to regulatory penalty provision of ~RMB1.85B. Funded accounts +34.3% YoY to 3.59M, client assets +47.2% YoY to HK$1.22T.earningsopen
Figures in the filing · each found in the filing text
| Total revenues · Q1-2026 | $5.86B | +25% y/y |
| Net income · Q1-2026 | $831M | -61% y/y |
| Funded accounts · Q1-2026 | 3,590,325 | +34% y/y |
Guidance
800 thousand net new funded accounts for full year 2026
Management reaffirms full-year guidance of 800k net new funded accounts despite regulatory penalty.
Risks flagged
Regulatory penalty risk from CSRC Shenzhen Bureau
“Received an Administrative Penalty Pre-Notification Letter from the China Securities Regulatory Commission Shenzhen Bureau in an aggregate amount of approximately RMB1.85 billion.” · word for word
22 May 20266-KFutu receives CSRC investigation notice and administrative penalty pre-notification for unlicensed securities/futures business in mainland China, proposed penalty ~RMB1.85B.open
Figures in the filing · each found in the filing text
| Funded accounts from mainland China as % of total · Q1-2026 | 13.0% |
Risks flagged
Regulatory action could lead to significant financial penalty and business disruption in mainland China.
“CSRC proposes penalty of ~RMB1.85B and orders to rectify/cease activities.”
Potential impact on future operations and growth in China.
“Company may need to restructure mainland China operations, affecting revenue and profitability.”
Reputational damage and investor confidence risk.
“Regulatory investigation and penalty could harm brand and trust.”
15 Apr 202620-FAnnual report (20-F) for FY2025; no material event disclosed beyond standard risk factor updates.open
Figures in the filing · each found in the filing text
| Allowance for credit losses · FY2025 | $375M | |
| Receivables balance · FY2025 | $27.70B | +22% y/y |
| Stock-pledged loan concentration (single borrower) · FY2025 | 96.0% |
Risks flagged
Extreme concentration risk in stock-pledged loan portfolio
“As of December 31, 2024 and 2025, a single borrower accounted for 95.91% and 95.99% of our total outstanding balance of stock - pledged loans, with a majority of the collaterals comprising of listed shares in a single company, respectively.” · word for word
Credit risk from growing receivables and margin financing
“As of December 31, 2023, 2024 and 2025, the balance of our receivables amounted to HK$10.1 billion, HK$22.8 billion and HK$27.7 billion (US$3.6 billion), respectively.” · word for word
Funding availability risk for lending businesses
“To the extent there is insufficient funding from institutional funding partners who are willing to accept the credit risk related to the collateral from our clients, the funds available to us might be limited and our ability to provide margin financing, securities lending, IPO loans, stock-pledged loans and bank loans services to our clients to address their” · word for word
2 Apr 20266-KFutu Holdings board approved a cash dividend of US$0.325 per ordinary share (US$2.6 per ADS), aggregate ~US$365 million.open
Figures in the filing · each found in the filing text
| Cash dividend per ordinary share · Q2-2026 | $0.33 | |
| Cash dividend per ADS · Q2-2026 | $2.60 | |
| Aggregate dividend amount · Q2-2026 | $365M |
12 Mar 20266-KFutu reports Q4/FY2025 results: revenue +45.3% YoY, net income +80.2% YoY, funded accounts +39.6% YoY, client assets +65.9% YoY. Guidance for 800k net new funded accounts in 2026.earningsopen
Figures in the filing · each found in the filing text
| Total number of funded accounts · Q4-2025 | 3,365,414 | +40% y/y |
| Total revenues · Q4-2025 | $6.44B | +45% y/y |
| Net income · Q4-2025 | $3.37B | +80% y/y |
| Non-GAAP adjusted net income · Q4-2025 | $3.46B | +77% y/y |
| Margin financing and securities lending balance · Q4-2025 | $67.70B | +33% y/y |
| Wealth management client assets · wealth management · Q4-2025 | $179.60B | +62% y/y |
| IPO distribution and IR clients · Q4-2025 | 600 | +25% y/y |
| Net new funded accounts guidance · FY2026 | 800,000 |
Guidance
800k net new funded accounts in 2026
Management guides to 800k net new funded accounts in 2026, indicating continued growth expectations.
Risks flagged
Hong Kong stock market downturn could impact client assets and trading volume.
“Growth in Hong Kong decelerated quarter-over-quarter due to a sharp Hong Kong stock market downturn.” · word for word
Depreciation of clients' Hong Kong stock holdings weighed on client assets.
“Net asset inflow remained robust in the fourth quarter, but depreciation of clients’ Hong Kong stock holdings weighed on client assets.” · word for word
18 Nov 20256-KFutu reports exceptional Q3 2025: revenue +86.3% YoY, net income +143.9%, funded accounts +42.6%, client assets +78.9%, trading volume +104.8%. Strong growth across all markets.earningsopen
Figures in the filing · each found in the filing text
| Total revenues · Q3-2025 | $6.40B | +86% y/y |
| Net income · Q3-2025 | $3.22B | +144% y/y |
| Non-GAAP adjusted net income · Q3-2025 | $3.31B | +137% y/y |
| Funded accounts · 2025-09-30 | 3,131,450 | +43% y/y |
| Brokerage commission income · Q3-2025 | $2.91B | +91% y/y |
| Interest income · Q3-2025 | $3.04B | +79% y/y |
| Wealth management asset balance · 2025-09-30 | $175.60B | |
| Margin financing balance · 2025-09-30 | $63.10B | +55% y/y |
Futu Holdings Ltd — questions
- What did Futu Holdings Ltd file recently?
- 7 SEC filings in the last 12 months. Latest: 6-K on 2026-08-20 — Futu reports Q2 2026 earnings: revenue +35.6% YoY, net income +41.6% YoY, funded accounts +33.6% YoY, trading volume +78.8% YoY. Strong growth across all key metrics.
Every figure on this page comes from Futu Holdings Ltd's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.