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Futu Holdings Ltd., the Nasdaq-listed parent company of online brokerage platform moomoo, has reported first-quarter 2026 revenues of US$746.9 million, a 25.0% increase year-on-year, alongside a non-GAAP adjusted net income of US$117.3 million.
The results, covering the three months to 31 March 2026, reflect continued expansion across user numbers, trading activity, and wealth management. Total client assets reached US$155.8 billion, up 47.2% year-on-year, with Malaysia, Australia, Canada, and Japan all recording double-digit quarter-on-quarter growth in client assets.
As of 31 March 2026, Futu Holdings reported 30.17 million registered users, 6.28 million brokerage accounts, and 3.59 million funded accounts. Total trading volume for the quarter grew 29.1% year-on-year to US$529.4 billion, which the company said was an all-time high.
Wealth management services also expanded during the period. Assets under management (AUM) reached US$22.8 billion, a 28.2% year-on-year increase, while the number of clients holding wealth management products grew by 33% year-on-year. Japan, Canada, Australia, the US, and Malaysia all posted triple-digit annual growth in AUM.
On the product side, the company expanded its artificial intelligence capabilities during the quarter. Alongside upgrades to its AI chatbot and AI algo trading services, Futu launched an API Skill across all markets. The feature enables users' self-deployed AI agents to access real-time quotes, positions, order execution, and historical data within moomoo via open APIs using natural language. The company said the service is backed by a triple-layer security framework.
In Malaysia, moomoo became the first licensed broker in that market to support Hong Kong stock options trading and short selling. In Japan, the platform launched individual stock and index valuation features for desktop users. In the United States, direct crypto deposit and withdrawal services supporting 11 major blockchains and 30 cryptocurrencies became available on moomoo US. In Hong Kong, the company's self-built virtual asset trading platform commenced full-scale licensed operations.
The company also expanded its partnerships during the quarter. In collaboration with Nasdaq, moomoo introduced Monday and Wednesday expiration options. The platform co-hosted a financial creator workshop in New York with Google focused on AI and intelligent trading. In Singapore, moomoo formalised a strategic partnership with the Securities Investors Association of Singapore to enhance financial literacy through Moo Academy and other programmes. In Malaysia, moomoo and Bursa Malaysia co-launched what the company described as the country's first large-scale retail investor event, with outreach extended to investors in the Penang region.
By the end of Q1 2026, moomoo ranked first in accumulated downloads in Singapore, Malaysia, and Australia. The company received recognition from SGX Group, which named it "Fastest Growing Retail Broker", and won three Finder Awards in Australia across the categories of "Active Share Traders Platform", "US Stocks Trading Platform", and "Mobile Share Trading App".
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