HSBC Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	34,794	32,733	35,796	30,377	26,489
Net Interest Income Growth	6.30%	-8.56%	17.84%	14.68%	-3.95%
Non-Interest Income	33,480	34,712	28,671	20,243	51,839
Non-Interest Income Growth	-3.55%	21.07%	41.63%	-60.95%	7.68%
Revenues Before Loan Losses	68,274	65,854	66,058	50,620	49,552
Provision for Credit Losses	3,850	3,414	3,447	3,584	-928
Revenue	64,424	62,440	62,611	47,036	50,480
Revenue Growth (YoY)	3.18%	-0.27%	33.11%	-6.82%	21.31%
Compensation Expenses	19,553	18,465	18,220	18,003	18,742
Selling, General & Admin	11,959	10,498	10,383	10,848	11,592
Other Non-Interest Expenses	8,827	6,992	6,274	6,573	7,332
Total Non-Interest Expense	36,428	33,043	32,070	32,701	34,620
Pretax Income	29,907	32,309	30,348	17,058	18,906
Provision for Income Taxes	6,776	7,310	5,789	809	4,213
Net Income	21,102	22,917	22,432	14,346	14,693
Minority Interest in Earnings	2,029	2,082	2,127	690	-
Net Income to Common	21,102	22,917	22,432	14,346	14,693
Net Income Growth	-7.92%	2.16%	56.36%	-2.36%	276.94%
Shares Outstanding (Basic)	3,485	3,671	3,896	3,970	4,039
Shares Outstanding (Diluted)	3,509	3,697	3,920	3,997	4,060
Shares Change (YoY)	-5.07%	-5.69%	-1.93%	-1.56%	0.30%
EPS (Basic)	6.05	6.25	5.75	3.60	3.10
EPS (Diluted)	6.00	6.20	5.70	3.60	3.10
EPS Growth	-3.23%	8.77%	58.33%	16.13%	226.32%
Free Cash Flow	28,319	63,961	37,966	18,071	103,226
Free Cash Flow Growth	-55.73%	68.47%	110.09%	-82.49%	-42.90%
Free Cash Flow Per Share	8.07	17.30	9.69	4.52	25.42
Dividends Per Share	0.750	0.660	0.610	0.320	-
Dividend Growth	13.64%	8.20%	90.63%	-	-
Profit Margin	35.90%	40.04%	39.22%	34.55%	29.11%
FCF Margin	43.96%	102.44%	60.64%	38.42%	204.49%
EBITDA	4,916	4,080	3,466	3,850	4,286
EBITDA Margin	7.63%	6.53%	5.54%	8.19%	8.49%
Effective Tax Rate	22.66%	22.63%	19.08%	4.74%	22.28%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.