Futu Holdings Ltd cash flow statement

In fiscal 2025, Futu Holdings Ltd's operations generated $5.23bn of cash; it spent $7.0m on capital projects, leaving free cash flow of $5.23bn. It returned $276m in dividends.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Futu Holdings Ltd: cash flow statement, annual
Fiscal year	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	238	570	251	2,638	773	444	−809	3,972	5,232
Depreciation and amortisation	1	1	2	4	5	7	8	9	9
Stock-based pay	1	1	2	4	13	26	37	43	44
Capital spending	1	2	15	6	9	12	10	21	7
Free cash flow	237	568	236	2,632	764	432	−819	3,951	5,225
Free cash flow after stock pay	236	567	234	2,628	752	406	−857	3,908	5,181
Dividends paid	—	—	—	—	—	—	—	—	276
Share buybacks	—	—	—	—	152	402	112	—	—
Shares issued	—	—	161	302	1,397	—	—	—	—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Futu Holdings Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Futu Holdings Ltd.