Futu Holdings (FUTU) EBITDA Margin (2018 - 2025)

Futu Holdings (FUTU) posted quarterly EBITDA Margin of 124.07% for Q4 2025, up 4405.0% year-over-year from 2.75% in Q4 2024, and up 18.22% on a QoQ basis from 104.95% in Q3 2025.

Futu Holdings (FUTU) EBITDA Margin (2018 - 2025) Analysis & Trends

Futu Holdings (FUTU) has reported EBITDA Margin for 8 consecutive years, with 124.07% the latest figure, recorded in Q4 2025.

  • In Q4 2025, EBITDA Margin rose 4405.0% year-over-year to 124.07%; the TTM figure through Dec 2025 stood at 109.74% (up 2317.0% YoY), while the FY2025 annual figure was 50.79%, up 1228.0% from the prior year.
  • EBITDA Margin came in at 124.07% for Q4 2025 at Futu Holdings, up from 104.95% in the prior quarter.
  • The five-year high for EBITDA Margin was 124.07% in Q4 2025, with the low at 55.99% in Q2 2022.
  • Average EBITDA Margin over 5 years is 89.27%, with a median of 92.32% recorded in 2022.
  • Across the five-year window, EBITDA Margin surged 5707 bps in 2023 and tumbled 2781 bps in 2024, its largest moves.
  • Year by year, EBITDA Margin stood at 63.69% in 2021, then surged by 44 bps to 91.7% in 2022, then rose by 16 bps to 105.97% in 2023, then slipped by 24 bps to 80.02% in 2024, then jumped by 55 bps to 124.07% in 2025.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 124.07%, 104.95%, and 112.47% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 95.15%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 136.81%
3 Schwab Charles 167.21 Bn 122.24 Bn - 61.80%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 124.07%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 28.49%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 11.84%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 47.66%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 110.52%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -176.07%
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 23.13%

Historic Data

Download Data
DateValue
Dec 31, 2025 124.07%
Sep 30, 2025 104.95%
Jun 30, 2025 112.47%
Mar 31, 2025 95.57%
Dec 31, 2024 80.02%
Sep 30, 2024 94.14%
Jun 30, 2024 82.94%
Mar 31, 2024 92.94%
Dec 31, 2023 105.97%
Sep 30, 2023 105.71%
Jun 30, 2023 99.69%
Mar 31, 2023 120.75%
Dec 31, 2022 91.70%
Sep 30, 2022 67.50%
Jun 30, 2022 55.99%
Mar 31, 2022 63.68%
Dec 31, 2021 63.69%
Sep 30, 2021 68.17%
Jun 30, 2021 68.11%
Mar 31, 2021 87.23%