HUB24 Q3 FY26 Market Update

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Stock HUB24 Ltd (HUB.ASX)
Release Time 21 Apr 2026, 8 a.m.
Price Sensitive Yes
 HUB24 Q3 FY26 Market Update
Key Points
  • Platform net inflows of $4.0 billion, up 9% on pcp excluding large migrations
  • Total Funds Under Administration (FUA) reached $151.7 billion, up 22% on pcp
  • HUB24 Platform ranked first for quarterly and annual net inflows
Full Summary

HUB24 maintained strong momentum in Q3 FY26, delivering platform net inflows of $4.0 billion, up 9% on the prior corresponding period (pcp) when excluding large migrations. Platform Funds Under Administration (FUA) as at 31 March 2026 was $127.8 billion, stable over the quarter (up 25% on pcp) with strong net inflows offset by negative market movements of $4.1 billion. This record March quarter of net inflows (when excluding large migrations) was the result of strong year-on-year growth in retail net inflows, with institutional flows impacted by a one-off outflow from an institutional client in March. During the quarter, 37 new licensee agreements were signed and the total number of advisers using the platform increased by 272 to 5,549 (up 11% on pcp). In the latest available Plan for Life data, HUB24 ranked first for quarterly and annual net inflows for a ninth consecutive quarter and achieved the largest quarterly and annual market share gains of all platform providers, increasing market share to 9.7% as at 31 December 2025 (up from 8.3% in the pcp), and is ranked the sixth largest platform by FUA. The business remains resilient with ongoing momentum in net inflows reflecting innovative market-leading products and solutions, customer service excellence, and the strength of relationships. HUB24 is well positioned for sustained growth, operating in structurally growing markets driven by demographic trends, compulsory superannuation, and a strong pipeline of opportunities from new and existing relationships. PARS FUA at 31 March 2026 was $23.9 billion (up 11% on pcp) with the number of PARS accounts at 9,344 (up 8% on pcp).

Outlook

Operating in structurally growing markets driven by demographic trends, compulsory superannuation, and a strong pipeline of opportunities from new and existing relationships, HUB24 is well positioned for sustained growth.