The HUB24 Ltd (ASX: HUB) share price is in focus today after the company reported record platform net inflows of $5.6 billion in Q2 FY26, with total Funds Under Administration (FUA) reaching $152.3 billion as at 31 December 2025, up 26% on last year.
What did HUB24 report?
- Record Q2 FY26 platform net inflows of $5.6 billion (up 2% on pcp, up 42% excluding large migrations)
- Half-year platform net inflows of $10.7 billion (up 13% on pcp)
- Total FUA of $152.3 billion as at 31 December 2025 (up 26% on pcp)
- Platform FUA of $127.9 billion (up 29% on pcp); PARS FUA of $24.4 billion (up 11% on pcp)
- Active advisers using the platform increased 8% to 5,277
- HUB24 ranked first for net inflows for an eighth consecutive quarter
What else do investors need to know?
HUB24 continues to gain market share, lifting its platform position to 9.3% as at 30 September 2025, up from 7.9% a year prior, and is now the sixth largest in the sector by FUA.
The company announced the development of an Innovative Lifetime Retirement Solution (IRIS) with TAL, broadening its retirement product offering and set for launch in the second half of FY26.
The group also advanced its myhub ecosystem, aimed at solving advice practice productivity challenges by leveraging AI and integrating third-party and in-house platforms. A pilot is planned for 1HFY27.
What did HUB24 management say?
HUB24 Managing Director and CEO Andrew Alcock said:
Our record platform inflows and strong adviser engagement reflect HUB24's ongoing leadership and our commitment to delivering innovative solutions that help advisers support clients through all life stages.
What's next for HUB24?
Looking ahead, HUB24 plans to launch its new lifetime retirement solution with TAL in 2HFY26, and will continue investing in platform enhancements like productivity tools and reporting upgrades for advisers. The company also intends to pilot its new myhub ecosystem in 1HFY27, aiming to further integrate its technology stack and support advice practices.
HUB24 is progressing with the proposed transition of the HUB24 Super Fund trustee role to within the HUB24 Group, pending regulatory approval, with updates promised as the process advances.
HUB24 share price snapshot
Over the past 12 months, HUB24 shares have risen 51%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 6% over the same period.
