Futu Holdings Ltd income statement

In fiscal 2025, Futu Holdings Ltd reported revenue of $2.93bn, up 68.3% on the year before, operating income of $1.81bn (a 61.6% margin) and net income of $1.45bn, or $10.29 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

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

Futu Holdings Ltd: income statement, annual
Fiscal year	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	40	104	135	427	915	972	1,278	1,742	2,931
Cost of revenue	14	32	36	90	155	127	196	313	377
Gross profit	26	72	100	337	760	845	1,082	1,428	2,553
Research and development	12	19	33	66	104	156	184	191	245
Selling and marketing	5	13	21	50	179	114	91	181	254
General and administrative	7	13	21	32	68	119	168	208	248
Operating income	0	26	23	187	409	456	640	849	1,806
Interest expense	3	12	11	24	48	37	116	—	—
Non-interest expense	36	65	100	214	457	479	522	686	899
Provision for credit losses	—	—	—	1	0	2	2	5	35
Income before tax	0	26	23	187	410	429	644	838	1,759
Income tax	1	8	2	16	48	53	96	128	303
Net income	−1	18	21	171	362	374	547	698	1,454
Diluted EPS	—	—	—	$1.30	$2.37	$2.60	$3.90	$4.98	$10.29
Diluted shares (average)	50m	64m	115m	131m	152m	144m	140m	140m	141m
EBITDA	1	27	25	191	414	463	647	858	1,816

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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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.