Futu Holdings (FUTU) Operating Expenses (2018 - 2025)

Futu Holdings has reported Operating Expenses for 8 years, with the latest figure at -$200.8 million in Q4 2025.

• For the quarter ending Q4 2025, Operating Expenses fell 8.37% year-over-year to -$200.8 million; the trailing twelve-month figure through Dec 2025 stood at -$747.0 million (down 28.65% YoY), and the FY2025 full-year result was $748.3 million, up 28.51% from the prior year.
• Operating Expenses for Q4 2025 stood at -$200.8 million, up from -$219.1 million in the prior quarter.
• The five-year high for Operating Expenses was -$63.0 million in Q1 2021, with the low at -$219.1 million in Q3 2025.
• Average Operating Expenses over 5 years is -$125.5 million, with a median of -$111.4 million recorded in 2023.
• Year-over-year, Operating Expenses sank 348.57% in 2021 and increased 1.16% in 2022.
• Tracing FUTU's Operating Expenses over 5 years: stood at -$105.8 million in 2021, then advanced by 0.95% to -$104.8 million in 2022, then fell by 11.86% to -$117.3 million in 2023, then sank by 57.99% to -$185.3 million in 2024, then fell by 8.37% to -$200.8 million in 2025.
• The last three Operating Expenses figures came in at -$200.8 million (Q4 2025), -$219.1 million (Q3 2025), and -$165.1 million (Q2 2025), per Business Quant data.

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