Futu Holdings FUTU
NASDAQ FUTU
$112.73 -0.78 (-0.69%)
At close: Sep 11, 2026 · 4:00 PM EDT

Futu Holdings (FUTU) Research & Development (2018 - 2026)

Futu Holdings (FUTU) posted Research & Development of -$63.9 million for Q2 2026, down 4.6% on a QoQ basis from -$61.1 million in Q1 2026, and down 13.49% year-over-year from -$73.8 million in Q2 2025.

Analysis

Futu Holdings (FUTU) Research & Development (2018 - 2026) Analysis & Trends

Futu Holdings has reported Research & Development for 9 years, with the latest figure at -$63.9 million in Q2 2026.

  • On a quarterly basis, Research & Development fell 13.49% year-over-year to -$63.9 million in Q2 2026; TTM through Jun 2026 was -$263.9 million, a 27.56% decrease from a year earlier, with the FY2025 full-year figure at -$245.2 million, down 27.54% from the prior year.
  • Research & Development was -$63.9 million for Q2 2026 at Futu Holdings, down from -$61.1 million in the prior quarter.
  • The five-year high for Research & Development was -$36.1 million in Q1 2022, with the low at -$73.8 million in Q3 2025.
  • Average Research & Development over 5 years is -$50.1 million, with a median of -$47.2 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: Research & Development tumbled 104.07% in 2022, then climbed 5.18% in 2024.
  • Over 5 years, Research & Development stood at -$42.9 million in 2022, then decreased by 8.44% to -$46.5 million in 2023, then slipped by 10.62% to -$51.4 million in 2024, then decreased by 26.57% to -$65.1 million in 2025, then rose by 1.85% to -$63.9 million in 2026.
  • The last three Research & Development figures came in at -$63.9 million (Q2 2026), -$61.1 million (Q1 2026), and -$65.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Robinhood Markets 101.20 Bn 83.88 Bn 1.20 Bn 256.00 Mn
2 Interactive Brokers 41.17 Bn -6.79 Bn - -
3 LPL Financial Holdings 27.86 Bn 25.16 Bn - 26.20 Mn
4 Futu Holdings 15.80 Bn -3.84 Bn 792.50 Mn -63.89 Mn
5 UP Fintech Holding 12.81 Bn 12.81 Bn - -
6 Xp 10.32 Bn 5.47 Bn 105.39 Mn -
7 Webull 4.83 Bn 2.90 Bn 85.87 Mn 22.16 Mn
8 eToro 2.53 Bn 1.57 Bn 63.50 Mn 33.83 Mn
9 Solowin Holdings 402.47 Mn 383.36 Mn - -
10 TOP Financial 127.44 Mn 82.47 Mn - 80,651.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -63.89 Mn
Mar 31, 2026 -61.08 Mn
Dec 31, 2025 -65.09 Mn
Sep 30, 2025 -73.80 Mn
Jun 30, 2025 -56.30 Mn
Mar 31, 2025 -49.61 Mn
Dec 31, 2024 -51.43 Mn
Sep 30, 2024 -49.52 Mn
Jun 30, 2024 -47.89 Mn
Mar 31, 2024 -42.87 Mn
Dec 31, 2023 -46.49 Mn
Sep 30, 2023 -45.91 Mn
Jun 30, 2023 -46.37 Mn
Mar 31, 2023 -45.21 Mn
Dec 31, 2022 -42.87 Mn
Sep 30, 2022 -39.93 Mn
Jun 30, 2022 -37.18 Mn
Mar 31, 2022 -36.06 Mn
Dec 31, 2021 -34.70 Mn
Sep 30, 2021 -28.76 Mn