HSBC Holdings plc (HSBC) — Financial statements
Income statement, balance sheet, and cash flow for HSBC Holdings plc — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 147,863↑3.2% | 143,294↑10.6% | 129,512↑70.0% | 76,168↑3.0% | 73,946 | |
| Cost of Revenue | 67,084↓11.6% | 75,898↑16.6% | 65,072↑189.9% | 22,449↑131.5% | 9,699 | |
| Gross Profit | 80,778↑19.9% | 67,396↑4.6% | 64,440↑20.0% | 53,719↓16.4% | 64,247 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 19,599↑86.7% | 10,498↑1.1% | 10,383↓4.3% | 10,848↓6.4% | 11,592 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 19,599↑86.7% | 10,498↑1.1% | 10,383↓4.3% | 10,848↓6.4% | 11,592 | |
| Other Expenses | 31,203↑26.9% | 24,589↑3.7% | 23,709↓8.2% | 25,813↓23.5% | 33,749 | |
| Operating Expenses | 50,801↑44.8% | 35,087↑2.9% | 34,092↓7.0% | 36,661↓19.1% | 45,341 | |
| Total Costs & Expenses | 117,886↑6.2% | 110,985↑267.0% | 30,243↓48.8% | 59,110↑7.4% | 55,040 | |
| Operating Results | ||||||
| Operating Income | 29,977↓7.2% | 32,309↑6.5% | 30,348↑77.9% | 17,058↓9.8% | 18,906 | |
| Depreciation & Amortization | 1,976↓51.6% | 4,080↑17.7% | 3,466↓10.0% | 3,850↓10.2% | 4,286 | |
| EBITDA | 29,035↓20.2% | 36,389↑7.6% | 33,814↑61.7% | 20,908↓9.8% | 23,192 | |
| EBIT | 27,059↓16.2% | 32,309↑6.5% | 30,348↑77.9% | 17,058↓9.8% | 18,906 | |
| Interest & Other Income | ||||||
| Net Interest Income | 34,875↑6.5% | 32,733↓8.6% | 35,796↑17.8% | 30,377↑14.7% | 26,489 | |
| Interest Income | 98,101↓9.7% | 108,631↑7.7% | 100,868↑90.9% | 52,826↑46.0% | 36,188 | |
| Interest Expense | 63,225↓16.7% | 75,898↑16.6% | 65,072↑189.9% | 22,449↑131.5% | 9,699 | |
| Non-Operating Income | 2,918 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -2,918 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 27,059↓16.2% | 32,309↑6.5% | 30,348↑77.9% | 17,058↓9.8% | 18,906 | |
| Income Tax Expense | 6,792↓7.1% | 7,310↑26.3% | 5,789↑615.6% | 809↓80.8% | 4,213 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 20,267↓18.9% | 24,999↑1.8% | 24,559↑51.1% | 16,249↑10.6% | 14,693 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 22,337↓6.8% | 23,979↑1.9% | 23,533↑51.3% | 15,559↑11.8% | 13,917 | |
| Bottom-Line Net Income | 21,151↓7.7% | 22,917↑2.2% | 22,432↑56.4% | 14,346↑13.8% | 12,607 | |
| EPS (Basic) | 6.05↓3.2% | 6.25↑8.7% | 5.75↑59.7% | 3.60↑16.1% | 3.10 | |
| EPS (Diluted) | 6.05↓2.4% | 6.20↑8.8% | 5.70↑58.3% | 3.60↑16.1% | 3.10 | |
| Weighted Average Shares | 3,485↓9.9% | 3,868↓1.7% | 3,935↓0.9% | 3,970↓1.7% | 4,039 | |
| Weighted Average Diluted Shares | 3,509↓5.1% | 3,697↓5.7% | 3,920↓1.9% | 3,997↓1.6% | 4,060 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.