tradmap

FUTU Financials Futu Holdings Ltd

7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 39.5% per year over the past 5 years.
  • Net income has grown faster than revenue (53.5% vs 39.5% per year).
  • Free cash flow has grown 14.7% per year over the past 5 years.

Shareholder returns

  • Dividends have been paid for 1 consecutive year, consuming 19.0% of earnings and 5.3% of free cash flow.
Revenue & net income
$0 $728M $1B 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
0% 107% 215% 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$821M $2B $5B $0 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $752M $2B 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$898M $2B $5B $0 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $1.4B $1.5B 188.3% 133.2% $5.2B $1.3B
2024 $778M $701M 184.4% 109.5% $4.0B $1.5B
2023 $505M $548M 214.8% 126.9% -$821M $632M
2022 $514M $375M 165.1% 0.0% $434M $645M
2021 $502M $360M 151.0% 0.0% $762M $584M
2020 $257M $171M 131.4% 0.0% $2.6B $133M
2019 $66M $21M 152.5% 0.0% $238M $47M

Valuation over time

How the market has priced FUTU against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 160.5 321.0 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 144.5 289.0 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 0.1 0.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is FUTU growing its revenue and profit?

Over the past 5 years, Futu Holdings Ltd's revenue has grown 39.5% per year, and net income grown 53.5% per year. These are computed facts, not advice.

How much debt does FUTU have?

As of FY2025, Futu Holdings Ltd reported — of total debt against $1.3B of cash.

What is FUTU's profit margin?

In FY2025, gross margin was 188.3%, operating margin 133.2%, and net margin 107.2%.

What is FUTU's P/E ratio?

As of Jun '26, Futu Holdings Ltd traded at a price-to-earnings ratio of about 76.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.