Futu Holdings Ltd (FUTU)
Futu Holdings Limited is a global provider of digital brokerage services for securities and the distribution of wealth management products, with operations based in Hong Kong. The company's primary offerings include a full spectrum of online financial services delivered through its proprietary digital platforms, Futubull and Moomoo. These services cover brokerage for trading securities and derivatives, margin lending, and the distribution of investment funds. Beyond trading, Futu also supplies financial market data and analytical information. Its "Money Plus" brand, integrated into the Futubull and Moomoo platforms, grants clients access to a diverse array of online wealth management products, such as mutual funds, private funds, bonds, structured products, and other investment vehicles. A key component of its ecosystem is the "NiuNiu Community," an interactive online forum where users and clients can freely share insights, pose questions, and discuss financial ideas. Futu Holdings Limited was established in 2007 and is headquartered in Admiralty, Hong Kong.
Sector: Security Brokers, Dealers & Flotation Companies
Industry: Financial - Capital Markets
Futu Holdings Limited
NASDAQ:FUTUFinancial Services · Financial - Capital Markets
+0.27%$99.19
AH Close$99.90+0.72%vs close
AH Close$99.90+0.72%vs close
Mkt Cap$13.91B
Float139.57M
O/S140.19M
Inst Own32.0%
SI3.6%
Div Yield2.62%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$2.91B
Net Income$1.44B
Total Assets$29.12B
Free Cash Flow$5.19B
Debt & Equity
Debt 31%
Equity 69%
Total Debt$2.25B
Total Equity$5.1B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in FUTU's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$29.12B
Liabilities$23.98B
Accounts Receivable$3.53B
Accounts Payable$0
Inventory$0
PP&E (Net)$72.66M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Revenue | $2.91B | $1.73B | $1.28B | $970.74M | $907.15M | $422.11M | $135.34M | $103.44M | $39.73M | $11.09M |
| YoY Growth | 67.8% | 35.8% | 31.4% | 7.0% | 114.9% | 211.9% | 30.8% | 160.3% | 258.2% | - |
| Cost of Revenue | $374.49M | $311.78M | $195.86M | $127M | $153.76M | $88.73M | $35.92M | $31.82M | $13.91M | $5.75M |
| Gross Profit | $2.53B | $1.42B | $1.08B | $843.74M | $753.39M | $333.38M | $99.43M | $71.62M | $25.83M | $5.35M |
| Gross Margin | 87.1% | 82.0% | 84.7% | 86.9% | 83.0% | 79.0% | 73.5% | 69.2% | 65.0% | 48.2% |
| Research and Development | $0 | $190.43M | $183.7M | $155.81M | $102.67M | $65.44M | $33.45M | $19.26M | $12.18M | $7.86M |
| Selling, General, and Administrative | $0 | $386.22M | $258.02M | $232.92M | $244.93M | $80.8M | $42.02M | $25.74M | $12.59M | $11.6M |
| Other | $741.25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $741.25M | $576.64M | $441.73M | $388.73M | $347.6M | $146.24M | $75.46M | $45M | $24.77M | $19.46M |
| Operating Income (EBIT) | $1.79B | $844.22M | $638.42M | $455.01M | $405.79M | $187.14M | $23.96M | $26.62M | $1.06M | -$14.11M |
| Operating Margin | 61.6% | 48.7% | 50.0% | 46.9% | 44.7% | 44.3% | 17.7% | 25.7% | 2.7% | -127.2% |
| Interest Expense | $0 | $0 | $0 | $37.29M | $48.05M | $23.6M | $11.38M | $12.19M | $2.53M | $441K |
| Interest Income | $1.33B | $0 | $0 | $409.8M | $321.05M | $123.11M | $59.27M | $45.97M | $13.5M | $739K |
| Other Income (Expense) | -$53.34M | -$24.26M | $2.54M | -$29.07M | $316K | -$2.24M | -$1.28M | -$1.01M | -$627K | -$138K |
| Income Before Tax (EBT) | $1.74B | $819.96M | $640.96M | $425.94M | $406.1M | $184.91M | $22.69M | $25.6M | $431K | -$14.25M |
| Income Tax Expense | $300.32M | $127.28M | $95.43M | $52.78M | $47.82M | $15.91M | $1.57M | $7.94M | $1.46M | -$1.69M |
| Net Income | $1.44B | $693.96M | $545.86M | $373.17M | $358.28M | $169M | $21.12M | $17.66M | -$1.03M | -$12.55M |
| Net Income Margin | 49.6% | 40.1% | 42.8% | 38.4% | 39.5% | 40.0% | 15.6% | 17.1% | -2.6% | -113.2% |
| Supplementary Data | ||||||||||
| EPS | 81.28 | 39.44 | 31.04 | 20.56 | 18.72 | 10.24 | 1.36 | 0.72 | -0.41 | -1.04 |
| Diluted EPS | 80.08 | 38.88 | 30.56 | 20.32 | 18.40 | 10.08 | 1.28 | 0.56 | -0.41 | -1.04 |
| Weighted Average OS | 139.31M | 140.00M | 139.96M | 142.42M | 150.11M | 129.61M | 111.84M | 63.94M | 97.71M | 97.71M |
| EBITDA | $1.77B | $866.6M | $660.25M | $474.09M | $421.1M | $197.31M | $32.39M | $27.68M | $1.61M | -$13.65M |
| EBITDA Margin | 60.8% | 50.0% | 51.7% | 48.8% | 46.4% | 46.7% | 23.9% | 26.8% | 4.0% | -123.1% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $15.79B | $1.49B | $629.5M | $641.15M | $580.74M | $131.91M | $46.23M | $27.49M | $47.84M | $22.82M |
| Short-Term Investments | $852.7M | $348.36M | $414.76M | $90.89M | $162.67M | $38.25M | $11.96M | $7.57M | $0 | $285K |
| Cash and Short-Term Investments | $16.64B | $1.84B | $1.04B | $732.04M | $743.42M | $170.16M | $58.18M | $35.06M | $47.84M | $23.11M |
| Accounts Receivable | $3.53B | $9.26B | $5.44B | $4.65B | $5.1B | $3.43B | $762.79M | $491.92M | $415.57M | $119.88M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $8.76B | $5.66B | $0 | $0 | $5.43B | $1.85B | $1.5B | $914.96M | $426.49M |
| Total Current Assets | $20.17B | $19.87B | $12.17B | $5.4B | $5.86B | $9.03B | $2.68B | $2.04B | $1.38B | $570.57M |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $72.66M | $56.2M | $44.5M | $43.69M | $53.5M | $40.44M | $35.6M | $2.91M | $1.71M | $1.05M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $10.92M | $9.19M | $6.94M | $2.2M | $1.3M | $981K | $180K | $163K | $192K |
| Long-Term Investments | $160.96M | $73.08M | $30.41M | $3.43B | $3.76B | $0 | $786K | $0 | $0 | $285K |
| Deferred Tax Assets | $0 | $14.26M | $12.34M | $10.78M | $4.89M | $2.19M | $201K | $0 | $2.01M | $2.53M |
| Other Long-Term Assets | $8.72B | $211.58M | $121.35M | $3.16B | $3.27B | $19.22M | $6.48M | $5.39M | $9.3M | $1.32M |
| Total Long-Term Assets | $8.95B | $366.04M | $217.8M | $6.65B | $7.09B | $63.15M | $44.05M | $8.49M | $13.18M | $5.38M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $29.12B | $20.24B | $12.38B | $12.05B | $12.95B | $9.1B | $2.73B | $2.05B | $1.39B | $575.95M |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $0 | $14.94B | $8.24B | $8.82B | $8.57B | $6.51B | $2.16B | $1.69B | $1.07B | $529.37M |
| Short-Term Debt | $2.2B | $1.06B | $720.54M | $316.25M | $1.95B | $1.39B | $187.11M | $149.96M | $196.65M | $20.55M |
| Current Income Tax Payable | $0 | $98.44M | $45.75M | $34.12M | $63.08M | $22.17M | $6.48M | $6.23M | $655K | $315K |
| Current Unearned Revenue | $0 | $0 | $0 | $156K | $390K | $377K | $271K | $609K | $561K | $325K |
| Other Current Liabilities | $0 | $12.5M | $9.73M | $0 | $0 | $6.09M | $0 | $0 | $506K | $525K |
| Total Current Liabilities | $2.2B | $16.65B | $9.23B | $9.28B | $10.62B | $8.01B | $2.38B | $1.86B | $1.27B | $554.15M |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $810.53M | $695.22M | $203K | $51M | $51M | $4.08M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $585K | $753K | $675K | $1.89M | $609K | $561K | $325K |
| Long-Term Deferred Tax Liabilities | $0 | $622K | $807K | $945K | $81K | $204K | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $21.73B | $405K | $747K | $96.51M | -$1.18B | -$694.32M | $140K | $159.38M | $99.33M | $41.64M |
| Total Long-Term Liabilities | $21.78B | $17.97M | $17.28M | $111.01M | -$351.11M | $21.66M | $24.22M | $210.98M | $150.88M | $46.05M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $23.98B | $16.67B | $9.25B | $9.39B | $10.27B | $8.04B | $2.4B | $1.91B | $1.42B | $600.2M |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $159.43M | $150.88M | $41.97M |
| Common Stock | $13K | $13K | $12K | $12K | $12K | $11K | $10K | $8K | $4K | $4K |
| Retained Earnings | $3.31B | $1.87B | $1.45B | $902.58M | $529.41M | $171.13M | $2.13M | -$18.99M | -$29.44M | -$23.88M |
| Comprehensive Income & Other | $6.57M | -$31.86M | -$6.3M | -$6.1M | $9.69M | $634K | -$567K | -$166K | -$262K | -$691K |
| Other Stockholders' Equity | $1.79B | $1.7B | $1.68B | $1.76B | $2.15B | $888.03M | $322.78M | $159.26M | -$262K | $41.6M |
| Total Equity | $5.1B | $3.57B | $3.13B | $2.66B | $2.68B | $1.06B | $324.92M | $140.28M | -$29.69M | $17.72M |
| Minority Interest | $40.79M | -$864K | $382K | $30K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $29.08B | $20.24B | $12.38B | $12.05B | $12.95B | $9.1B | $2.73B | $2.05B | $1.39B | $617.92M |
| Supplementary Data | ||||||||||
| Total Debt | $2.25B | $1.09B | $750.88M | $343.17M | $2.79B | $2.12B | $209.3M | $200.96M | $247.65M | $24.63M |
| Net Debt | -$13.54B | -$399.59M | $121.38M | -$297.98M | $2.21B | $1.99B | $163.07M | $173.47M | $199.81M | $1.81M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Operating Activities | ||||||||||
| Net Income | $1.44B | $692.68M | $545.54M | $373.16M | $358.28M | $169M | $21.12M | $17.66M | -$1.03M | -$12.55M |
| Depreciation & Amortization | $28.43M | $22.38M | $21.83M | $19.08M | $15.32M | $10.17M | $8.43M | $1.06M | $548K | $456K |
| Deferred Income Tax | -$10.07M | $0 | -$1.88M | -$6.64M | -$2.73M | -$1.68M | -$201K | -$951K | -$2.76M | -$10K |
| Stock-Based Compensation | $43.73M | $42.7M | $37.08M | $26.08M | $12.61M | $4.15M | $2.04M | $1.33M | $1.25M | $1.17M |
| Changes in Working Capital: | ||||||||||
| Accounts Receivable | -$2.38B | -$3.82B | -$783.75M | $444.53M | -$1.67B | -$2.67B | -$270.88M | -$70.87M | -$301.17M | -$89.79M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $5.85B | $6.69B | -$580.96M | $253.69M | $2.06B | $4.35B | $474.77M | $621.17M | $535.95M | $278.96M |
| Other Working Capital | $258.71M | $285.04M | -$25.21M | -$694.77M | $18.62M | $744.01M | $14.87M | -$1.45M | $3.1M | -$24K |
| Total Working Capital Change | $3.73B | $3.16B | -$1.39B | $3.45M | $400.23M | $2.42B | $218.77M | $548.85M | $237.88M | $189.14M |
| Other Non-Cash Items | -$29.24M | $36.8M | -$20.62M | $27.91M | -$17.22M | $3.33M | $940K | $1.97M | $661K | -$5K |
| Net Cash from Operating | $5.2B | $3.95B | -$807.97M | $443.03M | $766.48M | $2.61B | $251.09M | $569.92M | $236.54M | $178.2M |
| Investing Activities | ||||||||||
| Capital Expenditures | -$6.98M | -$21.36M | -$9.91M | -$11.54M | -$8.98M | -$5.69M | -$15.09M | -$2.4M | -$945K | -$515K |
| Acquisitions | $60.77M | -$212K | -$2.24M | -$13.96M | -$38.25M | $0 | -$855K | $0 | $3K | $637 |
| Purchases of Investments | -$467.3M | -$157.63M | -$611.49M | -$547.83M | -$152.11M | -$26.36M | -$37.29M | -$15.71M | $0 | -$285K |
| Sales of Investments | $186.13M | $192.45M | $311.99M | $585.3M | $38.25M | $39.17M | $31.97M | $8.15M | $285K | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $38.25M | -$38.25M | $856K | $11K | $2K | $5K |
| Net Cash from Investing | -$227.37M | $13.25M | -$311.65M | $11.97M | -$122.85M | -$31.13M | -$20.41M | -$9.95M | -$656K | -$794K |
| Financing Activities | ||||||||||
| Debt Repaid | - | - | - | $494.68M | -$110.9M | -$38.27M | $13.83M | -$4.55M | -$195.73M | - |
| Common Stock Issuance | $1.01M | $2.56M | $0 | $0 | $1.38B | $298.3M | $160.55M | $0 | $79.25M | $0 |
| Common Stock Repurchases | $0 | $0 | -$111.52M | -$401.07M | -$150.28M | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$274.24M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $12K | $1.48M | $2.08M | $845K | $261.61M | $96K | $0 | $0 | $0 |
| Net Cash from Financing | $547.81M | $9.03M | $294.25M | -$893.67M | $1.35B | $1.07B | $146.82M | $4.55M | $274.86M | $18.82M |
| Forex Effect | $30.08M | -$19.11M | $8.46M | -$17.24M | $21.31M | -$142K | -$5.69M | $951K | $2.76M | $10K |
| Net Change in Cash | $5.55B | $3.95B | -$816.91M | -$455.91M | $2.01B | $3.65B | $371.81M | $565.47M | $513.5M | $196.23M |
| Supplementary Data | ||||||||||
| Operating Cash Flow | $5.2B | $3.95B | -$807.97M | $443.03M | $766.48M | $2.61B | $251.09M | $569.92M | $236.54M | $178.2M |
| Capital Expenditure | -$6.98M | -$21.36M | -$9.91M | -$11.54M | -$8.98M | -$5.69M | -$15.09M | -$2.4M | -$945K | -$515K |
| Free Cash Flow | $5.19B | $3.93B | -$817.89M | $431.49M | $757.5M | $2.6B | $236M | $567.52M | $235.6M | $177.68M |
| Cash at Beginning | $10.24B | $6.29B | $7.1B | $7.56B | $5.55B | $1.9B | $1.53B | $962.81M | $449.31M | $253.08M |
| Cash at End | $15.79B | $10.24B | $6.29B | $7.1B | $7.56B | $5.55B | $1.9B | $1.53B | $962.81M | $449.31M |