Futu Holdings (FUTU) EBITDA Margin (2018 - 2025)
Futu Holdings (FUTU) recorded quarterly EBITDA Margin of 124.07% in Q4 2025, up 18.22% quarter-over-quarter from 104.95% in Q3 2025, and up 4405.0% on a YoY basis from 2.75% in Q4 2024.
Futu Holdings (FUTU) EBITDA Margin (2018 - 2025) Analysis & Trends
Futu Holdings' EBITDA Margin history runs 8 years deep, the most recent figure standing at 124.07% for 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 was 124.07% for Q4 2025 at Futu Holdings, up from 104.95% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 124.07% in Q4 2025 to a low of 55.99% in Q2 2022.
- Historically, EBITDA Margin has averaged 89.27% across 5 years, with a median of 92.32% in 2022.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin surged 5707 bps in 2023, then slumped 2781 bps in 2024.
- A 5-year view of EBITDA Margin shows it stood at 63.69% in 2021, then surged by 44 bps to 91.7% in 2022, then climbed by 16 bps to 105.97% in 2023, then fell by 24 bps to 80.02% in 2024, then jumped by 55 bps to 124.07% in 2025.
- The last three EBITDA Margin figures came in at 124.07% (Q4 2025), 104.95% (Q3 2025), and 112.47% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 95.15% |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 136.81% |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 61.80% |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 28.49% |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 14.74% |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 11.84% |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 47.66% |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -176.07% |
| 10 | Futu Holdings | 13.85 Bn | 11.69 Bn | 733.58 Mn | 124.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |