Financials in USD. Standardized financial statements.
A compact view of how HSBC Holdings plc turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $147.86B | $143.29B | $129.51B | $76.17B | $73.95B | $77.46B | $94.64B | $82.75B | $76.49B | $74.58B |
| Revenue Growth? | +3.2% | +10.6% | +70.0% | +3.0% | -4.5% | -18.2% | +14.4% | +8.2% | +2.6% | 0.0% |
| Cost of Revenue? | $67.08B | $75.90B | $65.07B | $22.45B | $9.70B | $14.18B | $24.23B | $19.12B | $12.82B | $12.60B |
| Gross Profit? | $80.78B | $67.40B | $64.44B | $53.72B | $64.25B | $63.28B | $70.40B | $63.63B | $63.67B | $61.98B |
| Gross Margin? | +54.6% | +47.0% | +49.8% | +70.5% | +86.9% | +81.7% | +74.4% | +76.9% | +83.2% | +83.1% |
| Operating Expenses? | $50.80B | $35.09B | $34.09B | $36.66B | $45.34B | $54.50B | $57.06B | $43.74B | $46.51B | $54.86B |
| Operating Income? | $29.98B | $32.31B | $30.35B | $17.06B | $18.91B | $8.78B | $13.35B | $19.89B | $17.17B | $7.11B |
| EBITDA? | $29.03B | $36.39B | $33.81B | $20.91B | $23.19B | $14.02B | $23.87B | $21.82B | $19.03B | $12.32B |
| Income Before Tax | $27.06B | $32.31B | $30.35B | $17.06B | $18.91B | $8.78B | $13.35B | $19.89B | $17.17B | $7.11B |
| Income Tax Expense | $6.79B | $7.31B | $5.79B | $809.00M | $4.21B | $2.68B | $4.64B | $4.87B | $5.29B | $3.67B |
| Net Income? | $22.34B | $23.98B | $23.53B | $15.56B | $13.92B | $5.23B | $7.38B | $13.73B | $10.80B | $2.48B |
| EPS? | $6.05 | $6.25 | $5.75 | $3.60 | $3.10 | $0.95 | $1.50 | $3.15 | $2.40 | $0.35 |
| Diluted EPS? | $6.05 | $6.20 | $5.70 | $3.60 | $3.10 | $0.95 | $1.50 | $3.15 | $2.40 | $0.35 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality