Futu Holdings GAAP EPADS of $2.93 beats by $0.60, revenue of $822.9M beats by $109.2M

Futu Holdings press release (FUTU): Q3 GAAP EPADS of $2.93 beats by $0.60.
Revenue of $822.9M (+86.1% Y/Y) beats by $109.2M.
Total number of funded accounts¹ increased 42.6% year-over-year to 3,131,450 as of September 30, 2025.
Total number of brokerage accounts² increased 30.8% year-over-year to 5,605,138 as of September 30, 2025.
Total number of users³ increased 16.8% year-over-year to 28.2 million as of September 30, 2025.
Total client assets increased 78.9% year-over-year to HK$1.24 trillion as of September 30, 2025.
Daily average client assets were HK$1.10 trillion in the third quarter of 2025, an increase of 85.3% from the same period in 2024.
Total trading volume in the third quarter of 2025 increased by 104.8% year-over-year to HK$3.90 trillion, in which trading volume for U.S. stocks was HK$2.60 trillion, and trading volume for Hong Kong stocks was HK$1.19 trillion.
Margin financing and securities lending balance increased 55.2% year-over-year to HK$63.1 billion as of September 30, 2025.
The company’s board has approved a new share repurchase program to buy up to US$800 million of its ADSs after the current program expires in March 2024, lasting until December 31, 2027. Funding will come from existing cash.