FUTU FY 2025 Earnings Report — Futu Holdings Limited Revenue & Financial Results | Market Cap Arena

Futu Holdings LimitedFUTU

FY 2025 Earnings

Reported April 15, 2026NEW

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$2.9B	—	$1.7B	—	67.8%
Op. Income	$1.8B	—	$845M	—	112.3%
Gross Margin	87.1%	—	82.0%	—	5.1pp
Net Margin	49.6%	—	40.1%	—	9.6pp
EPS (Diluted)	$10.22	—	$4.96	—	106.0%
Free Cash Flow	$5.2B	—	$3.9B	—	32.1%

Revenue Flow

Item	Amount
REVENUE	$2.9B
Cost of Revenue	$375M
GROSS PROFIT	$2.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$742M
Operating Expenses	$742M
Cost & Expenses	$1.1B
OPERATING INCOME	$1.8B
Interest Income	$1.3B
Interest Expense	$0
Other Income/Expenses	-$53M
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$301M
Net Income from Continuing Ops	$1.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$9M
NET INCOME	$1.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.4B
D&A	$0
EBIT	$1.7B
EBITDA	$1.7B
EPS	$10
EPS Diluted	$10

Income Statement

Item	Amount
REVENUE	$2.9B
Cost of Revenue	$375M
GROSS PROFIT	$2.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$742M
Operating Expenses	$742M
Cost & Expenses	$1.1B
OPERATING INCOME	$1.8B
Interest Income	$1.3B
Interest Expense	$0
Other Income/Expenses	-$53M
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$301M
Net Income from Continuing Ops	$1.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$9M
NET INCOME	$1.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.4B
D&A	$0
EBIT	$1.7B
EBITDA	$1.7B
EPS	$10
EPS Diluted	$10

Cash Flow Statement

Item	Amount
Net Income	$1.4B
Depreciation & Amortization	$28M
Stock-Based Compensation	$44M
Deferred Income Tax	-$10M
Other Non-Cash Items	-$29M
Change in Working Capital	$3.7B
OPERATING CASH FLOW	$5.2B
Capital Expenditure	-$7M
Acquisitions (Net)	$61M
Purchases of Investments	-$468M
Sales/Maturities of Investments	$186M
Other Investing Activities	$0
NET CASH FROM INVESTING	-$228M
Net Debt Issuance	$822M
Common Stock Repurchased	$0
Common Dividends Paid	-$275M
Other Financing Activities	$0
NET CASH FROM FINANCING	$549M
FREE CASH FLOW	$5.2B
Net Change in Cash	$5.6B

Balance Sheet

Item	Amount
Cash & Equivalents	$15.8B
Short-Term Investments	$854M
Net Receivables	$3.5B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$20.2B
PP&E (Net)	$73M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$161M
Tax Assets	$0
Other Non-Current Assets	$8.7B
TOTAL NON-CURRENT ASSETS	$9.0B
TOTAL ASSETS	$29.2B
Account Payables	$0
Short-Term Debt	$2.2B
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$2.2B
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$21.8B
TOTAL NON-CURRENT LIABILITIES	$21.8B
TOTAL LIABILITIES	$24.0B
Common Stock	$12.8K
Additional Paid-In Capital	$2.4B
Retained Earnings	$3.3B
Treasury Stock	-$664M
Accum. Other Comp. Income	$7M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$5.1B
Minority Interest	$41M
TOTAL EQUITY	$5.1B
TOTAL LIABILITIES & EQUITY	$29.2B
Total Debt	$2.3B
Net Debt	-$13.6B