HUB24 has delivered record annual net inflows of $18.9 billion for FY26, representing growth of 20% compared to the prior corresponding period when excluding large migrations. This result reflects strong client demand and positions the platform provider as the standout performer in the Australian wealth management sector.
The company’s total funds under administration reached $164.3 billion as at 30 June 2026, up 20% year-on-year. This comprises platform FUA of $139.5 billion, up 24%, and Portfolio, Administration and Reporting Services (PARS) FUA of $24.8 billion, up 5%. In Q4 specifically, the platform added net inflows of $4.2 billion while also benefiting from positive market movements of $7.5 billion. Despite market volatility and recent tax changes outlined in the Federal Budget, the company maintained momentum with stable quarterly inflows relative to the prior year when adjusted for large migrations.
HUB24’s market dominance is underscored by its consistent performance metrics. The platform ranked first for quarterly and annual net inflows for a tenth consecutive quarter according to Plan for Life data, and achieved the largest annual market share gain among all platform providers. Market share increased to 9.9% as at 31 March 2026 from 8.6% in the prior year, establishing HUB24 as the sixth largest platform by FUA. The adviser base also expanded, with 100 additional advisers bringing the total to 5,649, representing 11% growth year-on-year. A further 36 new licensee agreements were signed during the quarter, indicating strong demand from financial advisers to use the platform.
Beyond the headline growth metrics, HUB24 continues to diversify its revenue streams. The company launched a lifetime superannuation product and reported that its integrated Non-Custodial Service and Private Invest solutions for high-net-worth clients have gained traction, with combined FUA exceeding $1 billion. Class Super, the group’s SMSF software offering, was recognized as the most innovative provider in its category and reported the largest annual increase in accounts since FY18. HUB24 also retained the highest Net Promoter Score across industry surveys, suggesting strong client satisfaction and a competitive moat through customer relationships.
For investors, this update demonstrates HUB24’s ability to grow revenue and market share even amid challenging market conditions and regulatory change. The company benefits from structural tailwinds including Australia’s compulsory superannuation system and strong demographic demand for financial advice. With platform FUA reaching $139.5 billion and market share approaching 10%, HUB24 has scaled to a size where unit economics should improve, while the breadth of its adviser network creates a stickiness factor that insulates the business from competitive churn. The key metrics to monitor over coming quarters include whether platform net inflows remain stable at around $4 billion per quarter, whether market share gains continue as the superannuation tax changes take effect, and whether the newer revenue initiatives like lifetime super and Private Invest solutions contribute meaningfully to group profitability. This announcement is classified as price sensitive and has been flagged as material by the ASX.
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About HUB24 Limited (ASX: HUB)
HUB24 Limited is an Australia-based provider of investment and superannuation platform services for financial advisers, stockbrokers, accountants and their clients. The company operates through its Platform segment, which offers integrated portfolio administration and investment management services, and its Tech Solutions segment, which provides cloud-based wealth accounting software and technology solutions. The company is headquartered in Sydney, Australia.
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