Futu Holdings (FUTU) EBITDA Margin (2018 - 2025)
Futu Holdings' quarterly EBITDA Margin came in at 53.38% in Q4 2025, up 1624.0% year-on-year from 3.1% in Q4 2024, and up 11.77% quarter-over-quarter from 47.76% in Q3 2025.
Futu Holdings has reported EBITDA Margin for 8 years, with the latest figure at 53.38% in Q4 2025.
- For the quarter ending Q4 2025, EBITDA Margin rose 1624.0% year-over-year to 53.38%; the trailing twelve-month figure through Dec 2025 stood at 50.78% (up 1227.0% YoY), and the FY2025 full-year result was 50.79%, up 1228.0% from the prior year.
- EBITDA Margin for Q4 2025 stood at 53.38%, up from 47.76% in the prior quarter.
- The five-year high for EBITDA Margin was 54.61% in Q2 2025, with the low at 33.14% in Q2 2022.
- Average EBITDA Margin over 5 years is 41.59%, with a median of 39.51% recorded in 2023.
- Year-over-year, EBITDA Margin surged 2172 bps in 2021 and slumped 1488 bps in 2022.
- Tracing FUTU's EBITDA Margin over 5 years: stood at 34.05% in 2021, then grew by 24 bps to 42.16% in 2022, then decreased by 4 bps to 40.37% in 2023, then retreated by 8 bps to 37.14% in 2024, then jumped by 44 bps to 53.38% in 2025.
- The last three EBITDA Margin figures came in at 53.38% (Q4 2025), 47.76% (Q3 2025), and 54.61% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 95.15% |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 136.81% |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 61.80% |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 28.49% |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 14.74% |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 110.52% |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 11.84% |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -176.07% |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 47.66% |
| 10 | Futu Holdings | 14.70 Bn | 12.54 Bn | 733.58 Mn | 53.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 53.38% |
| Sep 30, 2025 | 47.76% |
| Jun 30, 2025 | 54.61% |
| Mar 31, 2025 | 47.03% |
| Dec 31, 2024 | 37.14% |
| Sep 30, 2024 | 41.89% |
| Jun 30, 2024 | 36.48% |
| Mar 31, 2024 | 38.79% |
| Dec 31, 2023 | 40.37% |
| Sep 30, 2023 | 40.24% |
| Jun 30, 2023 | 38.22% |
| Mar 31, 2023 | 52.13% |
| Dec 31, 2022 | 42.16% |
| Sep 30, 2022 | 33.23% |
| Jun 30, 2022 | 33.14% |
| Mar 31, 2022 | 37.55% |
| Dec 31, 2021 | 34.05% |
| Sep 30, 2021 | 36.76% |
| Jun 30, 2021 | 34.46% |
| Mar 31, 2021 | 52.43% |
| Dec 31, 2020 | 46.11% |
| Sep 30, 2020 | 42.37% |
| Jun 30, 2020 | 34.37% |
| Mar 31, 2020 | 30.71% |
| Dec 31, 2019 | 13.74% |
| Sep 30, 2019 | 132.61% |
| Jun 30, 2019 | 19.06% |
| Mar 31, 2019 | 19.72% |
| Dec 31, 2018 | 115.91% |
| Sep 30, 2018 | 114.58% |
| Jun 30, 2018 | 114.29% |
| Mar 31, 2018 | 23.40% |