IntegraFin Holdings (IHP) Q1 2026 TU earnings summary

Executive summary

• Achieved strong Q1 FY26 net inflows of £1.0bn, up 11% year-over-year, despite UK Autumn Budget uncertainty.

• Record gross inflows of £2.9bn, marking the eighth consecutive quarter above £2bn.

• Digital platform enhancements continue to drive new business and client growth.

Financial highlights

• Closing funds under direction (FUD) reached a record £77.2bn, up 17% year-over-year.

• Average daily FUD for Q1 FY26 was £76.1bn, up 16% year-over-year.

• Number of platform clients increased to 249,907 from 237,978 year-over-year.

• Net flows for Q1 FY26 were £1.035bn, compared to £0.92bn in Q1 FY25.

• Market movements contributed £2.001bn to FUD in Q1 FY26.

Outlook and guidance

• Platform is well-positioned to continue capturing strong net inflows in FY26 and beyond.

• Underlying administrative expense growth expected to slow to approximately 3% in FY26 and FY27.

• Cost management initiatives and operational leverage expected to accelerate profit growth.