# Futu Holdings Ltd (FUTU)

Source page: https://stoqly.net/companies/futu

- **Ticker:** FUTU (Nasdaq)
- **Sector:** Financials / Security Brokers, Dealers & Flotation Companies
- **SEC CIK:** 0001754581
- **Latest annual report:** 20-F filed 2026-04-15 (https://www.sec.gov/Archives/edgar/data/1754581/000110465926043451/futu-20251231x20f.htm)
- **Data updated:** 2026-11-09

## What the company does

Futu Holdings operates online investing platforms that let customers trade stocks, options and other investments, borrow money to invest, and buy wealth management products such as funds and bonds. Its services also include market data, investor education, a community where users can interact with companies and financial institutions, and services for institutions and companies. Futubull serves users mainly in Hong Kong and Mainland China, while Moomoo serves clients in several overseas markets. As of December 31, 2025, the platforms had approximately 29.2 million users.

Futu reports its business as an online financial services platform, combining securities brokerage and wealth management product distribution with related information and community services. Customers can access investments across major global exchanges, with services offered through licensed entities in markets including Hong Kong, Singapore, the United States, Australia, Japan, Canada, Malaysia, Europe and New Zealand. Money Plus is its brand for distributing mutual funds, private funds, structured products and bonds. Futu primarily serves emerging affluent and technology-oriented investors; its average client age was 39 and average funded account assets were around HK$370,000 as of December 31, 2025.

Futu delivers its services through mobile apps and internet browsers, using a proprietary, automated platform for account opening, money transfers, trading and risk management. Its cloud-based system supports trading across markets from one platform, while automated tools help monitor risk and provide customer support and investment analysis.

## Key figures

- **Last close:** $95.75 on 2026-11-13 (+0.14% on the day)
- **Market cap:** $13.5B
- **P/E (trailing):** 9.3x
- **EPS, trailing 12 months:** $10.29
- **Revenue (FY2025):** $2.9B
- **Revenue growth:** +68.3%
- **Revenue growth, 5-year CAGR:** +47.0%
- **Gross margin:** 87.1%
- **Operating margin:** 61.6%
- **Net margin:** 49.6%
- **Free cash flow:** $5.2B
- **Free cash flow margin:** 178.3%
- **Return on equity:** 33.3%
- **Change in share count:** +0.9%
- **Piotroski F-score:** 6/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

Definitions: https://stoqly.net/about

## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/futu/figures.csv

| US$ millions | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| Revenue | 40 | 104 | 135 | 427 | 915 | 972 | 1,278 | 1,742 | 2,930 |
| Operating income | 0 | 26 | 23 | 187 | 409 | 456 | 640 | 849 | 1,806 |
| Net income | -1 | 18 | 21 | 171 | 362 | 374 | 547 | 698 | 1,454 |
| Diluted EPS (US$) | -0.14 | 0.07 | 0.16 | 1.30 | 2.37 | 2.60 | 3.90 | 4.98 | 10.29 |
| Operating cash flow | 238 | 570 | 251 | 2,638 | 773 | 444 | -810 | 3,973 | 5,232 |
| Free cash flow | 237 | 568 | 236 | 2,632 | 764 | 432 | -819 | 3,951 | 5,225 |
| Cash | 48 | 28 | 47 | 133 | 734 | 732 | 1,031 | 1,815 | 2,204 |

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Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.