Pulling SEC filings + quote and writing the call…
Pulling SEC filings + quote and writing the call…

Futu Holdings Ltd
Next earnings Aug 18, 2026 · consensus $21.30 EPS, $6.48B rev
Explosive growth (rev +75%, net income +108%) and 28% ROE, but a 74.9x P/E and China regulatory risk cap the upside.
Middling fundamentals and a rich price (~51% above fair value) leave little margin of safety — a wait-and-see.
Sources: SEC EDGAR (CIK 0001754581, latest 6-K filed 2026-05-28) · EODHD · analysis by claude-code · as of 6/21/2026, 8:45:19 PM.
Research and education only — not financial advice. Calls are generated from SEC filings and a delayed/third-party price feed, may be wrong or out of date, and are not a recommendation to buy or sell any security. Do your own research.
Futu is a fast-scaling online brokerage that just posted a blockbuster year. FY2025 revenue grew 74.6% to $1.36B while net income more than doubled (up 107.9%) to $1.46B and diluted EPS rose 104.8% to $1.29. The growth trajectory is steep and accelerating — net income has climbed from $360M in FY2021 to $1.46B in FY2025 — driven by client and asset growth in a strong trading environment. Operating cash flow of $5.24B (up 31.3%) and a 28.3% return on equity underscore a genuinely profitable, capital-light platform that even paid a $276M dividend.
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $502M | $514M | $505M | $778M | $1.36B |
| Gross profit | $758M | $848M | $1.08B | $1.43B | $2.56B |
| Operating income | — | — | $641M | $852M | $1.81B |
| Net income | $360M | $375M | $548M | $701M | $1.46B |
| Diluted EPS | $0.30 | $0.33 | $0.49 | $0.63 | $1.29 |
| Net margin | 71.8% | 73.0% | 108.5% | 90.0% | 107.2% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
1482 tracked peers · median
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.