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What changed in Futu Holdings Ltd's latest annual report

In the year ended 31 Dec 2025, Futu Holdings Ltd's revenue rose 74.6% to USD 1.36bn, from USD 778.19m; net income rose 107.9% to USD 1.46bn, from USD 700.73m; total assets rose 43.6% to USD 29.35bn, from USD 20.44bn.

Year ended 31 Dec 2025. Source: 20-F filed 15 Apr 2026, read it on SEC EDGAR.

USD 778.19m to USD 1.36bn

Revenue, up 74.6% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue778.19m1.36bnUp 74.6%
Net income700.73m1.46bnUp 107.9%
Total assets20.44bn29.35bnUp 43.6%
Total liabilities16.83bn24.17bnUp 43.6%
Cash and cash equivalents1.50bn1.34bnDown 10.6%
Shareholders' equity3.61bn5.14bnUp 42.5%

Questions people ask

Did Futu Holdings Ltd's revenue grow last year?

Revenue grew 74.6%, from USD 778.19m to USD 1.36bn in the year ended 31 Dec 2025.

Is Futu Holdings Ltd profitable?

Yes. Net income was USD 1.46bn in the year ended 31 Dec 2025. The year before: USD 700.73m.

How much cash and debt does Futu Holdings Ltd have?

At its latest year end (31 Dec 2025), Futu Holdings Ltd reported cash and cash equivalents of USD 1.34bn.

Where do these numbers come from?

From Futu Holdings Ltd's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Futu Holdings Ltd (FUTU) 20-F: what changed year on year | LYNORIQ Insights