HSBC Holdings plc (HSBC) income statement
NYSE · Financial Services · Banks - Diversified · 209,000 employees · CEO Georges Bahjat El-Hedery
- Price
- $85.42 -1.36%
- Market cap
- $293B
- Enterprise value
- $536B
- Last report
- Q3 '26 filed 2026-10-27
- Next report
- 2027-02-24
HSBC Holdings plc (HSBC) reported revenue of $38.4B for Q3 '26 (+14.7% year on year), operating income of $9.63B (25.1% of revenue) and net income of $7.55B. Over the last four quarters revenue was $139B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $78.7B | $36.6B | $58.7B | $36.5B | $34.6B | $33.9B | $33.7B | $33.5B | $33B | $33.8B | $34.2B | $38.4B | |
| Cost of revenue | $0 | $19.6B | $0 | $19.6B | $17.8B | $16.1B | $16.1B | $15.6B | $15.3B | $14.7B | $15.1B | $17.4B | |
| Gross profit | $78.7B | $17B | $58.7B | $16.9B | $16.7B | $17.7B | $17.7B | $17.9B | $17.7B | $19.1B | $19B | $21B | |
| Sales & marketing | $6.28B | $0 | $10.1B | $0 | $6.42B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $10.4B | $0 | $5.14B | $0 | $10.5B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other operating expenses | $61B | $4.37B | $49.8B | $8.45B | $14.5B | $8.26B | $11.3B | $10.6B | $10.9B | $9.75B | $8.9B | $12B | |
| Operating expenses | $77.7B | $4.37B | $49.8B | $8.45B | $14.5B | $8.26B | $11.3B | $10.6B | $10.9B | $9.75B | $8.9B | $12B | |
| Operating income | $977M | $12.7B | $8.91B | $8.48B | $2.28B | $9.48B | $6.33B | $7.3B | $6.8B | $9.38B | $10.1B | $9.63B | |
| Interest income | $73.4B | $28.3B | $46.7B | $27.3B | $26B | $24.4B | $24.6B | $24.4B | $24.5B | $23.7B | $24.4B | $25.9B | |
| Interest expense | $0 | $19.6B | $0 | $19.6B | $17.8B | $16.1B | $16.1B | $15.6B | $15.3B | $14.7B | $15.1B | $16.6B | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $666M | |
| Total non-operating income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$666M | |
| Income before tax | $977M | $12.7B | $8.91B | $8.48B | $2.28B | $9.48B | $6.33B | $7.3B | $6.8B | $9.38B | $10.1B | $8.96B | |
| Income tax | $755M | $1.81B | $2.08B | $1.73B | $1.69B | $1.91B | $1.46B | $1.79B | $1.62B | $1.98B | $2.22B | $2.06B | |
| Net income | -$28M | $10.6B | $6.53B | $6.52B | $351M | $7.32B | $4.73B | $5.28B | $4.94B | $7.35B | $7.91B | $7.55B | |
| EPS (basic) | -$0.04 | $2.70 | $1.70 | $1.70 | $0.06 | $1.95 | $1.30 | $1.40 | $1.35 | $2.00 | $2.25 | $2.05 | |
| EPS (diluted) | -$0.04 | $2.70 | $1.70 | $1.70 | $0.06 | $1.95 | $1.30 | $1.40 | $1.35 | $2.00 | $2.20 | $2.05 | |
| Shares (basic, weighted) | 3.85B | 3.77B | 3.73B | 3.63B | 3.59B | 3.55B | 3.5B | 3.46B | 3.42B | 3.43B | 3.43B | 3.43B | |
| Shares (diluted, weighted) | 3.85B | 3.77B | 3.74B | 3.63B | 3.59B | 3.55B | 3.54B | 3.46B | 3.52B | 3.46B | 3.46B | 3.46B | |
| Depreciation & amortization | $0 | $504M | $0 | $0 | $0 | $613M | $1.61B | $956M | $2.69B | $724M | $1.73B | $0 | |
| EBITDA | $977M | $13.2B | $8.91B | $8.48B | $2.28B | $10.1B | $7.94B | $8.25B | $9.49B | $10.1B | $11.9B | $8.96B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $74.6B | $76.5B | $82.7B | $94.6B | $77.5B | $73.9B | $76.2B | $130B | $143B | $134B | |
| Cost of revenue | $12.6B | $12.8B | $19.1B | $24.2B | $14.2B | $9.7B | $22.4B | $65.1B | $75.9B | $63.1B | |
| Gross profit | $62B | $63.7B | $63.6B | $70.4B | $63.3B | $64.2B | $53.7B | $64.4B | $67.4B | $71B | |
| General & administrative | $16.5B | $15.7B | $15.4B | $13.8B | $11.1B | $11.6B | $10.8B | $10.4B | $10.5B | $12B | |
| Other operating expenses | $38.4B | $30.8B | $28.4B | $43.2B | $43.4B | $33.7B | $25.8B | $23.7B | $24.6B | $29.2B | |
| Operating expenses | $54.9B | $46.5B | $43.7B | $57.1B | $54.5B | $45.3B | $36.7B | $34.1B | $35.1B | $41.1B | |
| Operating income | $7.11B | $17.2B | $19.9B | $13.3B | $8.78B | $18.9B | $17.1B | $30.3B | $32.3B | $29.9B | |
| Interest income | $42.4B | $41B | $49.6B | $54.7B | $41.8B | $36.2B | $52.8B | $101B | $109B | $97.9B | |
| Interest expense | $12.6B | $12.8B | $19.1B | $24.2B | $14.2B | $9.7B | $22.4B | $65.1B | $75.9B | $63.1B | |
| Total non-operating income | -$1.66B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income before tax | $7.11B | $17.2B | $19.9B | $13.3B | $8.78B | $18.9B | $17.1B | $30.3B | $32.3B | $29.9B | |
| Income tax | $3.67B | $5.29B | $4.87B | $4.64B | $2.68B | $4.21B | $809M | $5.79B | $7.31B | $6.78B | |
| Net income | $2.48B | $10.8B | $13.7B | $7.38B | $5.23B | $13.9B | $15.6B | $23.5B | $24B | $22.3B | |
| EPS (basic) | $0.35 | $2.40 | $3.15 | $1.50 | $0.95 | $3.10 | $3.60 | $5.70 | $6.20 | $6.05 | |
| EPS (diluted) | $0.35 | $2.40 | $3.15 | $1.50 | $0.95 | $3.10 | $3.60 | $5.70 | $6.20 | $6.05 | |
| Shares (basic, weighted) | 3.95B | 3.99B | 3.98B | 4.03B | 4.03B | 4.04B | 3.97B | 3.92B | 3.7B | 3.49B | |
| Shares (diluted, weighted) | 3.97B | 4.01B | 4B | 4.05B | 4.05B | 4.06B | 4B | 3.92B | 3.7B | 3.51B | |
| Depreciation & amortization | $5.21B | $1.86B | $1.93B | $10.5B | $5.24B | $4.29B | $3.85B | $3.47B | $4.08B | $4.92B | |
| EBITDA | $12.3B | $19B | $21.8B | $23.9B | $14B | $23.2B | $20.9B | $33.8B | $36.4B | $34.8B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates: Financial Modeling Prep.
Data as of 2026-11-01