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
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%