HUB24 (HUB) Q1 2027 TU earnings summary

Executive summary

• Total FUA reached $168.6b at 30 Sep 2026, up 15% YoY; Platform FUA was $143.7b, up 18%, and PARS FUA was $24.9b, up 2%.

• Platform net inflows were $4.0b, down 23% YoY, with quarterly FUA growth supported by $0.2b in positive market movements.

• HUB24 Platform ranked first for quarterly and annual net inflows for an 11th consecutive quarter in the latest Plan for Life data.

Financial highlights

• Platform gross inflows were $8.635b in Q1 FY27, down 3% YoY; net inflows were $3.982b, down 23%.

• Platform FUA rose 3% QoQ to $143.696b; total FUA increased to $168.641b from $146.461b a year earlier.

• Platform composition shifted to 89% retail and 11% institutional, compared with 88% and 12%, respectively, in Sep 2025.

Outlook and guidance

• Structural drivers—shifting demographics, demand for financial advice and advice-industry transformation—support growth opportunities; a growing pipeline included 45 new licensee agreements in Q1.

• Superannuation growth is expected to be supported over the long term by recent and proposed tax changes that reinforce advice needs and superannuation's retirement-saving appeal.

• myhub's initial release to HUB24 platform advisers was planned for the coming weeks, with AI-powered natural-language access to a subset of platform data and capabilities expanding over time.