Highlights

  • HUB24 recorded net inflows of AUD 5.2 billion in Q1 FY26, up 28% on the prior corresponding period.
  • Total FUA rose 30% year-on-year to AUD 146.5 billion as at 30 September 2025.
  • HUB24 market share climbed to 9.0% as of 30 June 2025.

HUB24 Limited (ASX:HUB) has reported record quarterly net inflows of AUD 5.2 billion for the first quarter of FY26, marking a 28% rise compared to the same quarter last year. Total Funds Under Administration (FUA) reached AUD 146.5 billion as of 30 September 2025, representing a 30% year-on-year increase.

Platform Growth and Market Performance

Platform FUA rose to AUD 122 billion, up 33% from the previous corresponding period, while Portfolio, Administration, and Reporting Services (PARS) FUA increased 14% to AUD 24.5 billion. During the quarter, HUB24 benefited from positive market movements adding AUD 4.1 billion to total inflows.

The HUB24 Platform continued to gain traction, with net inflows of AUD 5.2 billion contributing to an 8% quarterly increase in Platform FUA. A total of 41 new distribution agreements were signed during the quarter, bringing the number of advisers using the platform to 5,229 — an 11% increase year-on-year.

Its market share climbed to 9.0% as of 30 June 2025, up from 7.6% a year earlier, positioning the company sixth among platform providers by FUA.

PARS, Class, and NowInfinity Update

At 30 September 2025, PARS FUA stood at AUD 24.5 billion across 8,885 accounts, reflecting a 5% annual increase in account numbers. HUB24’s Class and NowInfinity businesses reported growth across all key metrics, with 217,386 Class Super, Class Portfolio, and Class Trust accounts, up 4% over the year. NowInfinity processed 223,865 document orders — up 15% — and active companies using Corporate Messenger rose 9% to 883,095.

Class hosted its annual Ignite conference during the quarter with over 400 delegates in attendance. The team also released the Class Annual Benchmark Report and introduced new automation and integration tools, including document feeds from Automic and Betashares and integrated commercial property valuations to enhance compliance and administration efficiency.

Product Developments

The company also advanced its technology capabilities, completing the rollout of “Engage,” the next phase of its reporting platform that enables advisers to generate comprehensive client wealth reports. Since launch, nearly 3,000 users have adopted the platform. HUB24 continues to see growing interest in its HUB Private Invest product, launched in late FY25, which provides wholesale investors with diversified investment and reporting solutions.

Outlook

HUB24 stated that its favourable start to FY26 demonstrates ongoing demand for professional financial advice and continued industry transformation.

At the time of writing on 21 October 2025, HUB24 shares were trading 8.53% higher at AUD 116.34.