FUTU
$106.43-3.73%
as of close, Oct 1, 2026
☾ AH $106.43 -3.73%
Futu Holdings Limited American Depositary SharesStock · Finance
FUTU financial statements
The full income statement, balance sheet, and cash-flow statement for Futu Holdings Limited American Depositary Shares (FUTU), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2017-12 50.5M2018-12 50.5M2019-12 125.5M2020-12 135.6M2021-12 150.4M2022-12 139.7M2023-12 137.8M2024-12 139.1M2025-12 140.2M+177.7% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 2.94B+67.8% | 1.75B+36.5% | 1.28B+31.3% | 976M+7.0% | 912M+113.6% | |
| 2.56B+78.2% | 1.43B+32.3% | 1.08B+27.9% | 848M+12.0% | 758M+124.6% | ||
| Cost of revenue | 378M+20.1% | 315M+60.1% | 197M+54.0% | 128M-17.4% | 155M+72.3% | |
| 748M+28.5% | 582M+31.3% | 444M+13.5% | 391M+11.8% | 350M+136.3% | ||
| Research & development | 245M+27.5% | 192M+4.2% | 184M+17.8% | 157M+51.7% | 103M+56.0% | |
| Selling, general & administrative | 249M+19.2% | 209M+24.0% | 168M+40.9% | 119M+76.0% | 67.8M+111.7% | |
| General & administrative | 249M+19.2% | 209M+24.0% | 168M+40.9% | 119M+76.0% | 67.8M+111.7% | |
| Selling & marketing | 254M+40.2% | 181M+99.5% | 90.9M-20.8% | 115M-35.7% | 178M+259.1% | |
| Amortization of intangibles | — | 2.63M+20.3% | 2.19M+156.0% | 856K+187.0% | 298K+60.7% | |
| Noninterest expense | 899M+31.1% | 686M+31.3% | 522M+9.0% | 479M+4.8% | 457M+114.0% | |
| Operating income | 1.81B+112.2% | 852M+33.0% | 641M+40.7% | 456M+11.3% | 409M+118.9% | |
| Interest expense | — | — | 116M+211.4% | 37.4M-23.0% | 48.5M+103.2% | |
| Interest & investment income | 1.34B+56.3% | 858M+21.1% | 709M+72.0% | 412M+27.6% | 323M+159.2% | |
| Other non-operating income | -47.2M-324.6% | -11.1M-359.7% | 4.28M+115.9% | -27.0M-8576.7% | 318K+114.3% | |
| Equity-method income | -6.63M+50.4% | -13.4M-674.3% | -1.73M+24.0% | -2.27M | 0.00+100.0% | |
| Pre-tax income | 1.76B+109.4% | 841M+30.4% | 645M+49.9% | 431M+5.4% | 408M+118.3% | |
| Income tax | 303M+135.9% | 129M+34.1% | 95.8M+80.6% | 53.1M+10.3% | 48.1M+198.8% | |
| 1.46B+107.9% | 701M+27.8% | 548M+46.1% | 375M+4.1% | 360M+110.8% | ||
| Net income to non-controlling interest | -4.60M-256.1% | -1.29M-300.0% | -323K-4514.3% | -7.00K | — | |
| Net income to common | 1.45B+108.5% | 698M+27.6% | 547M+46.3% | 374M+3.7% | 360M+110.8% | |
| $10.32+104.8% | $5.04+28.6% | $3.92+48.5% | $2.64+10.0% | $2.40+87.5% | ||
| EPS (basic) | $10.48+107.9% | $5.04+26.0% | $4.00+51.5% | $2.64+10.0% | $2.40+87.5% | |
| Weighted-avg shares (basic) | 139M+0.9% | 138M-0.1% | 138M-3.0% | 142M-5.1% | 150M+15.8% | |
| Weighted-avg shares (diluted) | 141M+0.9% | 140M+0.1% | 140M-2.7% | 144M-5.6% | 152M+16.1% | |
| Dividends per share | $1.96 | — | — | — | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 28.7B+43.2% | 20.1B+64.3% | 12.2B+2.4% | 11.9B-7.6% | 12.9B+41.3% | ||
| Cash & equivalents | 1.34B-10.6% | 1.50B+138.0% | 632M-1.9% | 645M+10.4% | 584M+337.6% | |
| Short-term investments | 859M+176.9% | 310M-22.2% | 399M+360.8% | 86.5M-42.3% | 150M | |
| Other current assets | 29.0M+40.3% | 20.6M+19.0% | 17.3M+32.3% | 13.1M+25.3% | 10.5M-24.1% | |
| 29.3B+43.6% | 20.4B+64.3% | 12.4B+2.7% | 12.1B-7.0% | 13.0B+41.5% | ||
| Property, plant & equipment | 21.1M-12.7% | 24.2M+51.0% | 16.0M-14.4% | 18.7M-17.1% | 22.5M+61.3% | |
| Operating lease right-of-use | 73.2M+124.6% | 32.6M+13.6% | 28.7M+13.7% | 25.2M-19.3% | 31.3M+16.1% | |
| Goodwill | 14.2M | — | — | — | — | |
| Intangible assets | 14.1M+28.0% | 11.0M+19.5% | 9.23M+32.3% | 6.98M+216.1% | 2.21M+67.5% | |
| Long-term investments | 79.0M+7.1% | 73.8M+141.6% | 30.5M-0.6% | 30.7M+924.5% | 3.00M | |
| Other non-current assets | 445M+70.5% | 261M+66.1% | 157M+26.9% | 124M+69.6% | 72.9M+97.4% | |
| Total non-current assets | 615M+66.4% | 370M+69.0% | 219M+18.6% | 184M+72.0% | 107M+67.8% | |
| 24.1B+43.4% | 16.8B+81.3% | 9.27B-1.6% | 9.42B-8.5% | 10.3B+27.1% | ||
| Deferred revenue | — | — | — | 157K-60.0% | 392K+2.8% | |
| Current lease liability | 25.7M+38.3% | 18.6M+26.6% | 14.7M+4.7% | 14.0M+12.9% | 12.4M+45.1% | |
| Other current liabilities | 8.63M-15.3% | 10.2M+15.2% | 8.84M+30.8% | 6.76M+176.6% | 2.44M-60.4% | |
| 24.2B+43.6% | 16.8B+81.2% | 9.29B-1.6% | 9.44B-8.6% | 10.3B+27.0% | ||
| Deferred revenue (non-current) | — | — | — | 588K-22.4% | 758K+11.0% | |
| Non-current lease liability | 50.6M+195.7% | 17.1M+8.4% | 15.8M+21.1% | 13.0M-37.9% | 21.0M+4.4% | |
| Operating lease liability (total) | 76.3M+113.8% | 35.7M+17.2% | 30.5M+12.6% | 27.1M-19.0% | 33.4M+16.6% | |
| Other non-current liabilities | 2.82M+171.6% | 1.04M-33.5% | 1.56M-10.7% | 1.75M+24.4% | 1.40M-22.3% | |
| Total non-current liabilities | 53.4M+194.3% | 18.1M+4.6% | 17.3M+17.3% | 14.8M-34.0% | 22.4M+2.2% | |
| 5.14B+42.5% | 3.61B+14.6% | 3.15B+17.6% | 2.67B-0.6% | 2.69B+151.1% | ||
| Additional paid-in capital | 2.46B+1.7% | 2.42B+2.5% | 2.36B+1.5% | 2.33B+1.2% | 2.30B+156.2% | |
| Retained earnings | 3.34B+77.0% | 1.89B+29.7% | 1.45B+60.3% | 907M+70.4% | 532M+207.5% | |
| Treasury stock | 668M-0.2% | 669M+0.6% | 666M+20.1% | 554M+266.8% | 151M | |
| Accumulated other comprehensive income | 6.62M+120.6% | -32.2M-408.4% | -6.33M-3.2% | -6.13M-163.0% | 9.74M+1417.4% | |
| Non-controlling interest | 41.1M+4808.5% | -873K-327.9% | 383K+1176.7% | 30.0K | — | |
| Total equity incl. non-controlling | 5.18B+43.7% | 3.61B+14.6% | 3.15B+17.6% | 2.67B-0.6% | 2.69B | |
| Total liabilities & equity | 29.3B+43.6% | 20.4B+64.3% | 12.4B+2.7% | 12.1B-7.0% | 13.0B+41.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 5.24B+31.3% | 3.99B+591.8% | -811M-282.2% | 445M-42.2% | 771M-70.8% | ||
| Depreciation & amortization | 9.29M+3.2% | 9.00M+15.5% | 7.79M+11.1% | 7.01M+50.1% | 4.67M+33.0% | |
| Intangible amortization | — | 2.63M+20.3% | 2.19M+156.0% | 856K+187.0% | 298K+60.7% | |
| Deferred income taxes | -10.1M-340.5% | -2.30M-22.1% | -1.89M+71.7% | -6.66M-141.4% | -2.76M-62.7% | |
| -229M-1812.5% | 13.4M+104.3% | -313M-2701.4% | 12.0M+109.7% | -124M-292.3% | ||
| Capital expenditure | 7.03M-67.4% | 21.6M+116.6% | 9.96M-14.2% | 11.6M+28.5% | 9.03M+56.9% | |
| Free cash flow | 5.23B+31.9% | 3.97B+583.2% | -821M-289.3% | 434M-43.1% | 762M-71.1% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 552M+5952.5% | 9.12M-96.9% | 295M+132.9% | -898M-166.4% | 1.35B+24.8% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 1.39B+361.3% | |
| Common stock repurchased | 0.00 | 0.00-100.0% | 112M-72.2% | 403M+166.8% | 151M | |
| Dividends paid | 276M | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | — | — | — | — | 21.4M+14980.6% | |
| Net change in cash | 5.59B+40.1% | 3.99B+586.8% | -820M-79.0% | -458M-122.7% | 2.02B-45.2% | |
| Interest paid | 230M+13.6% | 203M+80.6% | 112M+193.8% | 38.2M-18.8% | 47.1M+100.8% | |
| Income taxes paid | 212M+115.6% | 98.1M+9.6% | 89.5M+0.4% | 89.1M+575.3% | 13.2M+529.4% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 23.0B+106.8% | 11.1B+45.9% | 7.63B+24.8% | 6.11B-6.1% | 6.51B+5.0% | |
| P/E | 15.8×-0.5% | 15.9×-21.9% | 20.3×+19.9% | 17.0×-6.1% | 18.1×-50.2% | |
| P/S | 7.8×+23.3% | 6.4×-18.6% | 7.8×+16.7% | 6.7×-6.1% | 7.1×-50.9% | |
| P/B | 4.5×+45.1% | 3.1×+8.2% | 2.9×+25.6% | 2.3×-6.1% | 2.4×-58.2% | |
| P/FCF | 4.4×+56.8% | 2.8×-84.1% | 17.6×+119.2% | 8.0×-6.1% | 8.5×+262.8% | |
| Earnings yield | 6.3%+0.5% | 6.3%+28.0% | 4.9%-16.6% | 5.9%+6.5% | 5.5%+100.8% | |
| FCF yield | 22.7%-36.2% | 35.7%+527.1% | 5.7%-54.4% | 12.5%+6.5% | 11.7%-72.4% | |
| Dividend yield | 1.2% | — | — | — | — | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: FUTU’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FUTU filings on SEC EDGAR → Not investment advice.