HUB24 Q1 earnings: $4bn net inflows

HUB24's Funds Under Administration rose to $168.6bn in Q1 FY27 as net inflows topped $4bn and adviser numbers grew.

The HUB24 Ltd (ASX: HUB) share price is in focus after the company delivered a strong start to FY27, posting net inflows of $4.0 billion for the September quarter and lifting total Funds Under Administration (FUA) to $168.6 billion, up 15% on the prior corresponding period.

A woman sits at her computer with her chin resting on her hand as she contemplates her next potential investment.

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What did HUB24 report?

  • Total FUA grew to $168.6 billion as of 30 September 2026, up 15% year on year
  • Platform FUA rose 18% to $143.7 billion
  • Platform net inflows were $4.0 billion, down 23% on the previous corresponding period
  • 45 new licensee agreements were signed in the quarter
  • The number of active advisers increased by 211 to 5,860, up 12% on pcp
  • HUB24 Platform ranked first for quarterly and annual net inflows for the eleventh straight quarter

What else do investors need to know?

HUB24 saw robust growth in its adviser base and continues to lead the market in platform net inflows and adviser satisfaction. The business signed 45 new licensee agreements and expanded the number of active advisers by 211, benefiting from strong demand for wealthtech solutions. The company also maintained its leading Net Promoter Score (NPS) in the Adviser Ratings 2026 Report, ranking first in nine out of eleven platform capability categories.

In its Class division, account numbers grew to 229,651 (up 6%), while NowInfinity document orders rose 9%. HUB24 also enhanced its private investment offerings and digital tools, including AI-powered features and expanded integrations, to support adviser productivity and client outcomes.

What's next for HUB24?

HUB24 expects ongoing growth opportunities driven by demographic shifts, strong demand for financial advice, and transformation within the advice industry. The company will continue rolling out enhancements to its platform, such as myhub's AI-driven features for advisers, and progress the acquisition of HTFS Nominees, pending regulatory approval. Management highlights ongoing product and service innovation as a strategic priority.

Looking ahead, HUB24 intends to broaden client access to private markets and further invest in technology to streamline adviser workflows and improve experiences. The company believes these initiatives position it well for the evolving wealth management landscape.

HUB24 share price snapshot

Over the past 12 months, Hub24 shares have declined 40%, trailing the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Hub24. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

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