Market capitalisation
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Share price multiplied by shares outstanding. It does not measure company cash.
Company analysis·HSBC
Preparing the analysis
We’re preparing the company’s analysis.
NYSE·HSBC
HSBC Holdings plc
Share price$89.24Price as of: Nov 9, 2026
HSBC Holdings plc (HSBC) is a company listed on NYSE, classified under Banks - Diversified.
HSBC provides a broad range of banking and financial services via three main areas: Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets.
Net revenue · FY 2025
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Sales generated during the period, before costs and expenses.
Net margin · FY 2025
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Net income as a proportion of revenue.
“Our take” and other explanations are generated with artificial intelligence from the data, without human review of each text. They are descriptive, not recommendations. Learn more
Explore questions
P1 · What does it do and how does it make money?
How this companymakes money.
$71bnnet revenue in FY 2025
—breakdown not available from our provider
32%of sales, in HONG KONG
Full fiscal year ended Dec 31, 2025
After that close
Q3 2026, ended Sep 30, 2026: total revenue +22.0% against the same quarter a year earlier.
This is the revenue of the whole company. The split by lines and regions on this page is still that of the full fiscal year.01How it makes money
Revenue breakdown not available
Our data provider does not have a revenue breakdown by business line for this company. This does not necessarily mean that the company does not publish this information.
03Where sales come from
Sales are spread across several regions.
HONG KONG is its largest market, with 31.7% of sales. Each square is a region and its area is what it sells there.
Regions from largest to smallest · FY 2025
$42bn (58.9%) of revenue has no segment assigned in the published data.
05Read with care
What we can deduce from the data. And what we cannot.
We can deduceWe cannot conclude
01
The United States, just 16.4% of FY 2025 revenue, generated 179.0% of the growth, so the increase relies on this relatively small market.
That most of the business depends on the United States: it brings most of the growth, but the majority of revenue comes from Hong Kong.
02
Hong Kong, at 77.2% of revenue, contributed 544.8% of the increase—almost entirely offset by France’s decline.
That recent growth relies solely on Hong Kong’s strength: without France’s drop, its advance would have shown much more in the total.
03
France shrank revenue so much that it offset the company’s overall rise and caused its regional weight to fall sharply.
That France permanently drags the business: if its decrease stopped, total growth could accelerate significantly.
Our take
Hong Kong dominates, France drags
Hong Kong remains the revenue core (77.2%), but its net contribution to growth was cut sharply by France, which slashed its share abruptly.
- 01Our interpretation
Dependence by activity segment is unknown
No business line split nor margin by region, so only geographic spread and its impact on overall trends can be assessed.
See the calculations behind it
- Our source does not publish HSBC Holdings plc’s revenue by business line, so we cannot measure how much it depends on each activity.
- United States brought 179.0% of the growth in sales by region in FY 2025, weighing 14.7%.
With data to Nov 4, 2026. Analysis written by a language model from our calculations, which supply every figure. It is not investment advice.
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