Futu’s Q3 Results Showcase Explosive Global Growth as Revenue and Profits Surge
Futu Holdings delivered another exceptional quarter in Q3 2025 as revenues climbed to US$822.9 million, an 86% year-over-year increase that underscores the company’s momentum across global markets. Non-GAAP adjusted net income surged 137% to US$425.7 million, reflecting disciplined cost management, increased trading activity, and a broader client asset base. The firm’s robust performance highlights its continued position as one of the quickest-growing global online brokerage and wealth platforms.
The company’s rapid expansion was evident across all key operating metrics. Registered users climbed to 28.16 million, funded accounts reached 3.13 million, and total client assets soared to US$159.5 billion — up 27% quarter-over-quarter and 79% year-over-year. These gains reflect both market share capture and deeper engagement from existing users, with strong adoption in North America, Asia-Pacific, and new growth markets. The company’s multi-market strategy continues to accelerate, driving scale and operational leverage.
a new all-time high at US$501.3 billion, up 105% year-over-year. U.S. equities contributed US$334 billion of that total, rising 70% from last year, while Hong Kong equities grew an extraordinary 243% to US$153 billion. Investor participation climbed across regions, supported by enhancements to trading tools, expanded product access, and Futu’s continued reputation for execution quality and user experience.
Takeaway
Global Expansion and Product Innovation Drive User and Asset Growth
Futu’s sustained growth is powered by its globalization strategy and tailored local-market execution. Malaysia, Japan, and Canada delivered strong increases in funded accounts, while Australia and New Zealand saw accelerated user growth that propelled Moomoo to the #1 most-downloaded trading app in Australia in 2025. In the United States, quarterly trader participation reached new highs as active users increased sharply, reinforcing Futu’s foothold in a highly competitive brokerage market.
Singapore continued to be a standout, with high-net-worth client assets rising 50% quarter-over-quarter due to consistent inflows. Hong Kong remained a core engine of growth, with client assets more than doubling year-over-year and trading volume accelerating across multiple asset classes. These trends demonstrate the strength of Futu’s cross-regional diversification and the effectiveness of its market-by-market localization strategy.
The company’s product roadmap expanded significantly in Q3. AI capabilities — a major focus for the platform — were rolled out to users in Canada, Australia, and Malaysia, offering advanced features such as AI-driven screening, portfolio insights, and a chatbot that has handled 4.25 million user queries with a 90% satisfaction rate. Additional enhancements included expanded U.S. OTC access in Malaysia, improved money-market reinvestment features in Japan, and broader structured product capabilities in Hong Kong. These innovations continue to reinforce Futu’s position as a technology-first brokerage.
Takeaway
Deepening Community Engagement and O2O Expansion Strengthen Brand Influence
Beyond trading and technology, Futu is investing in community-driven growth that blends online tools with real-world investor engagement. In Q3, its flagship investor festival, MooFest, attracted 28,000 registrations across Singapore and Malaysia. The event highlighted the platform’s emphasis on financial education, expert discussions, and hands-on learning — a strategy that continues to diverseiate Futu from traditional brokerage models.
The inaugural Global Creator Summit marked another milestone, bringing together leading financial educators and content creators to collaborate on the future of investor learning. The company’s creator ecosystem is becoming a meaningful contributor to user engagement, with and user-generated content both rising sharply during the quarter. These ecosystem effects improve retention and expand brand visibility across markets.
Moomoo’s O2O strategy — integrating digital services with offline experiences — continues to gain traction. This includes in-person workshops, community gatherings, and expanded customer support touchpoints. The company’s investment in community infrastructure aligns with its broader ambition to make investing more accessible, social, and intuitive, while driving long-term user loyalty. At the identical time, the brand’s growing influence is reinforced by external recognition, including its “Personal Finance Tech of the Year” .
