HSBC Holdings plc (HSBC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	134.5B	134.1B	143.3B	129.5B	76.2B
Cost of Revenue	60.7B	63.1B	75.9B	65.1B	22.4B
Gross Profit	73.8B	71.0B	67.4B	64.4B	53.7B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	—	12.0B	10.5B	10.4B	10.8B
General & Admin Expense	—	12.0B	10.5B	10.4B	10.8B
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	40.2B	29.2B	24.6B	23.7B	25.8B
Total Operating Expenses	40.2B	41.1B	35.1B	34.1B	36.7B
Cost and Expenses	100.9B	104.2B	111.0B	30.2B	59.1B
Operating Income (EBIT)	33.6B	29.9B	32.3B	30.3B	17.1B
Non-Operating
Interest Income	96.9B	97.9B	108.6B	100.9B	52.8B
Interest Expense	60.7B	63.1B	75.9B	65.1B	22.4B
Net Interest Income	36.2B	34.8B	32.7B	35.8B	30.4B
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	33.6B	29.9B	32.3B	30.3B	17.1B
Income Tax Expense	7.6B	6.8B	7.3B	5.8B	809.0M
Bottom Line
Net Income	25.5B	22.3B	24.0B	23.5B	15.6B
Earnings from Cont. Ops	26.0B	23.1B	25.0B	24.6B	16.2B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	24.2B	21.1B	22.9B	22.4B	14.3B
Per Share
Basic EPS	$7.00	$6.05	$6.20	$5.70	$3.60
Diluted EPS	$6.95	$6.05	$6.20	$5.70	$3.60
Revenue Per Share	$39.26	$38.47	$38.76	$33.04	$19.19
Shares
Basic Shares Outstanding	3.4B	3.5B	3.7B	3.9B	4.0B
Diluted Shares Outstanding	3.5B	3.5B	3.7B	3.9B	4.0B
Profitability Metrics
EBITDA	39.7B	34.8B	36.4B	33.8B	20.9B
D&A	6.1B	4.9B	4.1B	3.5B	3.9B
EBIT	33.6B	29.9B	32.3B	30.3B	17.1B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026