HSBC Holdings PLC
HSBC- Exchange
- NYSE
- Industry
- Savings Institution, Federally Chartered
- SEC CIK
- 0001089113
No open-market purchases or sales by HSBC Holdings PLC insiders were filed in the last 90 days; 716 institutions reported holding it in 13F filings for Q2 2026, worth $8.00B in total; no superinvestor holds it.
Other share classesHBCYF
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 12:22 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Revenue | $68.3B | $65.9B | $66.1B | $51.7B | $49.6B |
| Operating expenses | $36.4B | $33.0B | $32.1B | $33.3B | $34.6B |
| Selling, general and administrative | $12.0B | $10.5B | $10.4B | $11.1B | $11.6B |
| Operating income | $28.0B | $29.4B | $30.5B | $14.8B | $15.9B |
| Interest expense | $63.1B | $75.9B | $65.1B | $22.4B | $9.70B |
| Income tax | $6.78B | $7.31B | $5.79B | $858.0M | $4.21B |
| Net income | $23.1B | $25.0B | $24.6B | $16.7B | $14.7B |
| EPS, basic | $1.21 | $1.25 | $1.15 | $0.75 | $0.62 |
| EPS, diluted | $1.20 | $1.24 | $1.14 | $0.74 | $0.62 |
| Weighted shares, basic | 17.4B | 18.4B | 19.5B | 19.8B | 20.2B |
| Weighted shares, diluted | 17.5B | 18.5B | 19.6B | 20.0B | 20.3B |
| Margins and growth | |||||
| Operating margin | 41.0% | 44.6% | 46.2% | 28.6% | 32.0% |
| Net margin | 33.9% | 38.0% | 37.2% | 32.2% | 29.7% |
| Revenue growth, year over year | +3.7% | −0.3% | +27.7% | +4.4% | −1.7% |
| Net income growth, year over year | −7.5% | +1.8% | +47.3% | +13.5% | +140.9% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Cash and equivalents | $432.9B | $434.9B | $490.9B | $521.7B | $574.0B |
| Property, plant and equipment | $9.62B | $9.41B | $10.5B | $10.4B | $10.3B |
| Intangible assets | $13.1B | $12.4B | $12.5B | $21.3B | $20.6B |
| Total assets | $3.23T | $3.02T | $3.04T | $2.97T | $2.96T |
| Total liabilities | $3.03T | $2.82T | $2.85T | $2.77T | $2.75T |
| Shareholders' equity | $205.7B | $192.3B | $192.6B | $196.0B | $206.8B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Operating cash flow | $29.8B | $65.3B | $39.1B | $26.4B | $104.3B |
| Capital expenditures | $1.45B | $1.34B | $1.15B | $1.28B | $1.09B |
| Free cash flow | $28.3B | $64.0B | $38.0B | $25.1B | $103.2B |
| Stock-based compensation | $621.0M | $529.0M | $482.0M | $400.0M | $467.0M |
| Dividends paid | $13.5B | $17.1B | $12.2B | $6.97B | $6.38B |
| Share buybacks | $9.09B | $11.3B | – | – | – |
| Investing cash flow | -$37.1B | -$76.6B | -$62.9B | -$34.5B | $27.5B |
| Financing cash flow | -$22.0B | -$26.5B | -$17.6B | -$6.29B | -$10.8B |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.9% | 0.8% | 0.7% | 0.8% | 0.9% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Dec 31, 2025 | 17.2B | −4.3% | SEC |
| Dec 31, 2024 | 17.9B | −6.8% | SEC |
| Dec 31, 2023 | 19.3B | −5.1% | SEC |
| Dec 31, 2022 | 20.3B | −1.6% | SEC |
| Dec 31, 2021 | 20.6B | −0.3% | SEC |
| Dec 31, 2020 | 20.7B | +0.3% | SEC |
| Dec 31, 2019 | 20.6B | +1.4% | SEC |
| Dec 31, 2018 | 20.4B | +0.2% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.