HUB24 (HUB) Q2 2026 TU earnings summary

Executive summary

• Achieved record quarterly platform net inflows of $5.6 billion in Q2 FY26, up 2% year-over-year and up 42% excluding large migrations.

• Half-year platform net inflows reached $10.7 billion, up 13% year-over-year.

• Total Funds Under Administration (FUA) grew to $152.3 billion as of 31 December 2025, up 26% year-over-year.

• Platform ranked first for quarterly and annual net inflows for the eighth consecutive quarter.

• Signed 34 new distribution agreements and increased adviser count to 5,277, up 8% year-over-year.

Financial highlights

• Platform FUA increased 5% sequentially to $127.9 billion, up 29% year-over-year.

• PARS FUA reached $24.4 billion, up 11% year-over-year, with 9,019 accounts, up 4%.

• Platform gross inflows for the quarter were $8.9 billion, with net inflows of $5.6 billion.

• Retail FUA composition remained steady at 88%, with institutional at 12%.

Outlook and guidance

• Continued investment in innovative solutions, including the development of a lifetime retirement solution (IRIS) with TAL, scheduled for launch in 2HFY26.

• Ongoing enhancements to platform capabilities and reporting tools to drive adviser productivity and client experience.

• myhub ecosystem pilot to launch in 1HFY27, integrating AI-powered advice technology.