HSBC Holdings revenue and financials
1,433.20 GBpChange from previous close: −2.65%Absolute change: −39.00 GBp
In the fiscal year ended December 2025, HSBC Holdings reported revenue of $63.22B (+3.24% year over year). Net income was $23.13B, a net margin of 36.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +3.24%
- 2025 vs 2024
- Net income growth
- −7.47%
- 2025 vs 2024
- Net margin
- 36.6%
- 2024: 40.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 29,766 | 65,305 | 39,111 | 19,355 | 104,312 | 182,220 | 29,743 | 32,515 | -12,414 | 68,959 |
| Depreciation and amortization | 4,916 | 4,080 | 3,466 | 3,850 | — | — | — | — | — | — |
| Capital expenditure | -1,447 | -1,344 | -1,145 | -1,284 | -1,086 | -1,446 | -1,343 | -1,196 | -1,167 | -1,151 |
| Investing cash flow | -37,068 | -76,564 | -62,912 | -27,401 | — | -22,430 | -35,318 | -16,646 | 65,557 | -15,060 |
| Financing cash flow | 146,946 | 17,778 | 27,463 | -97,480 | — | 222,080 | 64,321 | -22,526 | 92,007 | -17,836 |
| Dividends paid | -13,482 | -17,100 | -12,196 | -6,970 | -6,383 | -2,023 | -9,773 | -10,762 | -9,005 | -9,157 |
| Share repurchases | -9,091 | -11,348 | -5,812 | -2,285 | — | 0.0 | -1,000 | -1,998 | -3,000 | 0.0 |
| Debt issued | 3,834 | 4,361 | 5,237 | 7,300 | — | — | — | — | — | — |
| Debt repaid | -3,591 | -2,000 | -2,147 | -1,777 | — | — | — | — | — | — |
| Effect of exchange rates | 27,210 | -18,275 | 10,621 | -38,029 | — | 19,434 | 1,248 | -9,895 | 17,701 | -14,294 |
| Net change in cash | -2,053 | -55,993 | -30,738 | -52,361 | — | 174,581 | -19,169 | -10,807 | 60,394 | 30,687 |
| Free cash flow | -140,588 | 19,724 | -7,055 | 109,265 | — | — | — | — | — | — |