HSBC Holdings PLC (HSBC) Financial Statements
Historical financial data — 5 statements covering FY2021–FY2025
Established in 1865 in Hong Kong, London-based HSBC is one of the largest banks in the world, with assets of USD 3 trillion and over 40 million customers worldwide. It operates in over 50 countries...
HSBC Holdings PLC's revenue increased 3.2% year over year, from $61.24B to $63.22B.
Net income decreased 7.9% over the same period, from $22.92B to $21.10B.
Over the 4-year period from FY2021 to FY2025, revenue grew by 27% in total.
Total debt increased by 19.7% to $837.58B.
The debt-to-equity ratio stands at 4.25, indicating a high leverage profile.
Operating cash flow grew 49.3% to $-70.56B.
HSBC Holdings PLC maintains a strong net profit margin of 33.4%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|
| FY2021 | $49.90B | $12.61B | $110.55B | $2.95T | $619.49B | $185.20B |
| FY2022 | $46.36B-7.1% | $14.35B | $-5.91B | $3.04T | $643.84B | $192.61B |
| FY2023 | $56.32B+21.5% | $22.43B | $21.07B | $3.02T | $688.55B | $192.27B |
| FY2024 | $61.24B+8.7% | $22.92B | $-139.14B | $3.23T | $699.91B | $205.67B |
| FY2025 | $63.22B+3.2% | $21.10B | $-70.56B | $3.44T | $837.58B | $197.08B |
Balance Sheet Summary (FY2025)
HSBC Holdings PLC (HSBC) Financial Statements & Revenue History
HSBC Holdings PLC (HSBC) is a US-listed stock operating in the Financial Services sector trading at $94.30 with a market capitalization of $323. This page provides 5 historical financial statements for HSBC Holdings PLC, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, HSBC Holdings PLC reported revenue of $63.2 billion, representing 3.2% year-over-year growth. The net profit margin of 33.4% reflects strong profitability. The debt-to-equity ratio of 4.25 signals high leverage.
HSBC Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows HSBC Holdings PLC's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether HSBC is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track HSBC's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently HSBC Holdings PLC converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of HSBC's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use HSBC Financial Data
Investors use HSBC Holdings PLC's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare HSBC's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how HSBC's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View HSBC's financial health score, earnings, and pre-market pricing.
Financial data is sourced from HSBC Holdings PLC's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.HSBC trades on NYSE. This page is for informational purposes only and is not financial advice.

