HUB24 1HFY26 Results Announcement
| Stock | HUB24 Ltd (HUB.ASX) |
|---|---|
| Release Time | 19 Feb 2026, 7:45 a.m. |
| Price Sensitive | Yes |
HUB24 delivers standout 1HFY26 results, upgrades FY27 Platform FUA target
- Record half-year Platform net inflows of $10.7 billion
- Awarded Best Platform Overall for 4th consecutive year
- Continued investment in technology and operations to support growth
HUB24 Limited (ASX: HUB) announced the results for 1HFY26, reporting Group Underlying EBITDA of $104.9 million (up 35% on 1HFY25) and Group Underlying Net Profit After Tax (NPAT) of $68.3 million (up 60% on 1HFY25). The company reported Statutory NPAT of $59.7 million in 1HFY26 (up 80% on 1HFY25) and Underlying Diluted Earnings Per Share of 82.9 cents per share (up 63% on 1HFY25), reflecting the Group's ongoing strong performance. Total Funds Under Administration grew to $152.3 billion as at 31 December 2025, with Platform Funds Under Administration (FUA) increasing to $127.9 billion ($129.8 billion as at 16th February 2026) and PARS FUA of $24.4 billion. HUB24 delivered record half-year Platform net inflows of $10.7 billion (up 13% on 1HFY25 and up 34% excluding large migrations) and was ranked first for both quarterly and annual net inflows for an eighth consecutive quarter. The company continued to invest in technology and operations to support increased scale and strategic growth objectives, with Group Operating Expenses up 20% on 1HFY25. The HUB24 Platform was awarded Best Platform Overall for the fourth year running, as well as Best in Managed Accounts Functionality, Product Offering, Decision Support Tools, Reporting and Online Business Management.
Given the significant growth and momentum in 1HFY26 and a pipeline of opportunities across all customer segments, the FY27 Platform FUA target (excludes PARS FUA) has been upgraded to a range of $160 billion to $170 billion (from $148 billion to $162 billion).
HUB24 is well-placed to leverage its combined group capabilities, industry leadership and momentum to capitalise on emerging opportunities and leverage new technologies, to drive further growth, and lead the wealth industry as the best provider of integrated platform, data, and technology solutions.