FMP

FMP

Futu Holdings Ltd. (NASDAQ:FUTU) Surpasses Earnings and Revenue Estimates

  • Futu Holdings Ltd. (NASDAQ:FUTU) reported earnings per share of $3.02, beating estimates and showcasing a significant year-over-year net income increase of 137%.
  • The company's operational metrics improved, with funded accounts and brokerage accounts growing by 42.6% and 30.8% year-over-year, respectively.
  • Futu's total trading volume saw a substantial rise of 104.8% year-over-year, indicating a strong position in the online brokerage and wealth management sector.

Futu Holdings Ltd. (NASDAQ:FUTU), a leading tech-driven online brokerage and wealth management platform, operates Moomoo, a popular trading app. Competing with other online brokerages like Robinhood and E*TRADE, Futu has demonstrated remarkable financial performance in the third quarter of 2025. On November 18, 2025, Futu reported earnings per share of $3.02, surpassing the estimated $2.63, and achieved revenue of approximately $823 million, exceeding the estimated $713 million.

Futu's financial results for the third quarter of 2025 show a significant increase in net income, which rose by 137% year-over-year to $425.7 million. This growth highlights Futu's strong financial performance and its ability to capitalize on market opportunities. The company's operational metrics also improved, with funded accounts surging by 42.6% year-over-year, reaching over 3.1 million by the end of September 2025.

The number of brokerage accounts rose by 30.8% year-over-year, totaling more than 5.6 million. The user base expanded by 16.8%, bringing the total number of users to 28.2 million. Futu's total client assets grew by 78.9% year-over-year, amounting to HK$1.24 trillion. The daily average client assets in the third quarter were HK$1.10 trillion, marking an 85.3% increase from the same period in the previous year.

Futu's total trading volume for the third quarter of 2025 experienced a substantial rise of 104.8% year-over-year, reaching HK$3.90 trillion. This performance underscores Futu's strong position in the online brokerage and wealth management sector. The company's price-to-earnings (P/E) ratio is approximately 23.08, indicating the market's valuation of its earnings.

The price-to-sales ratio stands at about 10.78, reflecting Futu's market value relative to its sales. The enterprise value to sales ratio is around 10.99, providing insight into the company's valuation including its debt. With a debt-to-equity ratio of 0.29, Futu maintains a relatively low level of debt compared to its equity, and a current ratio of about 1.18 suggests its ability to cover short-term liabilities with short-term assets.