Futu Holdings Ltd income statement FUTU

Annual Quarterly

In fiscal 2025, which ended Dec 31, 2025, Futu Holdings Ltd reported revenue of $1.4 billion, up 74.6% from the year before. Net income was $1.5 billion, a profit margin of 107.2%. Operating income came to $1.8 billion, an operating margin of 133.2%. Diluted earnings per share were $1.29. Across the 7 fiscal years shown, revenue grew from $65.6 million in fiscal 2019 to $1.4 billion in fiscal 2025, about 65.7% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
Revenue
1,358
+74.6%
778
+54.1%
505
-1.7%
514
+2.4%
502
+95.5%
257
+291.0%
66
Cost of revenue
378
+20.1%
315
+60.1%
197
+54.0%
128
-17.4%
155
+72.3%
90
+148.2%
36
Gross profit
2,557
+78.2%
1,435
+32.3%
1,085
+27.9%
848
+12.0%
758
+124.6%
337
+236.9%
100
Research and development
245
+27.5%
192
+4.2%
184
+17.8%
157
+51.7%
103
+56.0%
66
+96.6%
34
Selling, general and administrative
503
+29.0%
390
+50.5%
259
+10.6%
234
-4.9%
246
+201.4%
82
+93.2%
42
Operating expenses
748
+28.5%
582
+31.3%
444
—
—
—
—
Operating income
1,809
+112.2%
852
+33.0%
641
—
—
—
—
Other non-operating income (expense)
-47
-324.6%
-11
-359.7%
4
+115.9%
-27
-8576.7%
0
+114.3%
-2
-83.0%
-1
Pretax income
1,762
+109.4%
841
+30.4%
645
+49.9%
431
+5.4%
408
+118.3%
187
+716.5%
23
Income tax
303
+135.9%
129
+34.1%
96
+80.6%
53
+10.3%
48
+198.8%
16
+920.6%
2
Net income
1,457
+107.9%
701
+27.8%
548
+46.1%
375
+4.1%
360
+110.8%
171
+703.9%
21
Basic EPS
1.31
+107.9%
0.63
+26.0%
0.50
+51.5%
0.33
+10.0%
0.30
+87.5%
0.16
+700.0%
0.02
Diluted EPS
1.29
+104.8%
0.63
+28.6%
0.49
+48.5%
0.33
+10.0%
0.30
+87.5%
0.16
+700.0%
0.02
Weighted average shares, basic
1,114
+0.9%
1,104
-0.1%
1,105
-3.0%
1,139
-5.1%
1,201
+15.8%
1,037
+24.5%
833
Weighted average shares, diluted
1,131
+0.9%
1,120
+0.1%
1,120
-2.7%
1,151
-5.6%
1,220
+16.1%
1,050
+14.4%
918
Other measures
Depreciation and amortization
9
+3.2%
9
+15.5%
8
+11.1%
7
+50.1%
5
+33.0%
4
+65.3%
2
EBITDA
1,818
+111.1%
861
+32.8%
649
—
—
—
—
Margins
Gross margin
188.26%
184.37%
214.77%
165.13%
151.01%
131.39%
152.50%
Operating margin
133.18%
109.54%
126.94%
—
—
—
—
Pretax margin
129.70%
108.12%
127.79%
83.81%
81.40%
72.89%
34.90%
Profit margin
107.24%
90.05%
108.54%
73.03%
71.82%
66.60%
32.40%
EBITDA margin
133.86%
110.70%
128.48%
—
—
—
—
Effective tax rate
17.21%
15.28%
14.85%
12.33%
11.78%
8.60%
6.88%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry
Security Brokers, Dealers & Flotation Companies (SIC 6211)
Listed as
FUTU (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Cayman Islands
Headquarters
Nanshan District, Shenzhen, China
SEC filer status
Large accelerated filer
SEC CIK
1754581

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.