HUB Analysis: HUB24 Q1 FY26 Trading Update

Event: HUB24 Q1 FY26 Trading Update | Date: 2025-10-21 | Source: HUB24 Investor Centre

Record Net Inflows Drive Accelerated Q1 FUA Growth

HUB24 released its Q1 FY26 trading update on 21 October 2025, highlighting robust performance with Platform funds under administration (FUA) reaching $122.0 billion, up 33% year-on-year and 8.3% quarter-on-quarter from the FY25 close of $112.7 billion. Group FUA climbed to $146.5 billion, reflecting 30% year-on-year growth, driven by record quarterly net inflows of $5.2 billion (a 28% increase from Q1 FY25's $4.0 billion) and positive market movements contributing $4.1 billion. Operational metrics showed active advisers expanding to 5,229 (up 11% year-on-year), Class accounts to 217,386 (up 4%), and NowInfinity document orders to 223,865 (up 15%), underscoring strong adviser adoption and ecosystem momentum. No direct revenue or cost figures were provided, but the update noted 41 new distribution agreements and the full rollout of the Engage whole-of-wealth solution to 3,000 users, alongside the company's seventh consecutive #1 ranking for inflows and #1 overall satisfaction in the Investment Trends report. Source: HUB24 Q1 FY26 Market Update.