HSBCHSBC Holdings plc

$92.99+39% 1Y

Is it growing?

Mixed

Neither accelerating nor breaking down: nothing decisive, though operating margin widening (+9.0 points).

1 good, 2 neutral
Revenue trend+4% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +6% a year.

Earnings trend−3% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing slower than revenue, so the growth is costing something.

Margin direction+9.0 points operating

Trailing-twelve-month operating margin, 41.0% now against 32.0% a year earlier.

All from SEC EDGAR, as of Dec 31, 2025.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is HSBC growing?

HSBC Holdings plc has grown revenue 10% a year over three years and 6.2% a year over five, with earnings per share compounding at 19%.

+10%

Revenue growth, 3-year annual rate · Banks - Diversified median +11% · steady growth, ahead of inflation · compounded from fiscal-year columns as filed

Revenue growth, 5-year rate
+6.2%

Revenue growth, 5-year rate · +10% over three · growth has picked up over the last three years

Earnings per share, 3-year rate
+19%

Earnings per share, 3-year rate · revenue +10% · earnings outgrew revenue: margins or the share count worked for shareholders

Years of annual history on file
11

Years of annual history on file · FY2015 to FY2025, as filed

Details›
Revenue FY2021
$49.6B
Revenue FY2022
$50.6B
Revenue FY2023
$66.1B
Revenue FY2024
$65.9B
Revenue FY2025
$68.3B

Annual income statements as filed with the SEC.