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Side-by-side financial comparison of HSBC HOLDINGS PLC (HSBC) and Oracle Corporation (ORCL). Click either name above to swap in a different company.
HSBC HOLDINGS PLC is the larger business by last-quarter revenue ($28.6B vs $16.1B, roughly 1.8× Oracle Corporation). Oracle Corporation runs the higher net margin — 38.2% vs 25.7%, a 12.5% gap on every dollar of revenue. HSBC HOLDINGS PLC produced more free cash flow last quarter ($64.0B vs $-10.0B).
HSBC Holdings plc is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint. It is the largest Europe-based bank by total assets, ahead of BNP Paribas, with US$3.098 trillion as of September 2024. This also puts it as the 7th largest bank in the world by total assets behind Bank of America, and the 3rd largest non-state owned bank in the world.
An oracle is a person or thing considered to provide insight, wise counsel or prophetic predictions, most notably including precognition of the future, inspired by deities. If done through occultic means, it is a form of divination.
HSBC vs ORCL — Head-to-Head
Income Statement — Q4 FY2024 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $28.6B | $16.1B |
| Net Profit | $7.3B | $6.1B |
| Gross Margin | — | — |
| Operating Margin | 33.1% | 29.5% |
| Net Margin | 25.7% | 38.2% |
| Revenue YoY | — | 14.2% |
| Net Profit YoY | — | 94.7% |
| EPS (diluted) | $0.36 | $2.10 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $16.1B | ||
| Q3 25 | — | $14.9B | ||
| Q2 25 | — | $15.9B | ||
| Q1 25 | $28.6B | $14.1B | ||
| Q4 24 | — | $14.1B | ||
| Q3 24 | — | $13.3B | ||
| Q2 24 | — | $14.3B | ||
| Q1 24 | — | $13.3B |
| Q4 25 | — | $6.1B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | — | $3.4B | ||
| Q1 25 | $7.3B | $2.9B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $2.4B |
| Q4 25 | — | 29.5% | ||
| Q3 25 | — | 28.7% | ||
| Q2 25 | — | 32.1% | ||
| Q1 25 | 33.1% | 30.8% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | — | 30.0% | ||
| Q2 24 | — | 32.8% | ||
| Q1 24 | — | 28.2% |
| Q4 25 | — | 38.2% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | 21.5% | ||
| Q1 25 | 25.7% | 20.8% | ||
| Q4 24 | — | 22.4% | ||
| Q3 24 | — | 22.0% | ||
| Q2 24 | — | 22.0% | ||
| Q1 24 | — | 18.1% |
| Q4 25 | — | $2.10 | ||
| Q3 25 | — | $1.01 | ||
| Q2 25 | — | $1.19 | ||
| Q1 25 | $0.36 | $1.02 | ||
| Q4 24 | — | $1.10 | ||
| Q3 24 | — | $1.03 | ||
| Q2 24 | — | $1.11 | ||
| Q1 24 | — | $0.85 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $434.9B | $19.2B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $192.3B | $30.0B |
| Total Assets | $3017.0B | $205.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $19.2B | ||
| Q3 25 | — | $10.4B | ||
| Q2 25 | — | $10.8B | ||
| Q1 25 | $434.9B | $17.4B | ||
| Q4 24 | — | $10.9B | ||
| Q3 24 | — | $10.6B | ||
| Q2 24 | — | $10.5B | ||
| Q1 24 | — | $9.5B |
| Q4 25 | — | $30.0B | ||
| Q3 25 | — | $24.2B | ||
| Q2 25 | — | $20.5B | ||
| Q1 25 | $192.3B | $16.7B | ||
| Q4 24 | — | $13.7B | ||
| Q3 24 | — | $10.8B | ||
| Q2 24 | — | $8.7B | ||
| Q1 24 | — | $5.6B |
| Q4 25 | — | $205.0B | ||
| Q3 25 | — | $180.4B | ||
| Q2 25 | — | $168.4B | ||
| Q1 25 | $3017.0B | $161.4B | ||
| Q4 24 | — | $148.5B | ||
| Q3 24 | — | $144.2B | ||
| Q2 24 | — | $141.0B | ||
| Q1 24 | — | $137.1B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $65.3B | $2.1B |
| Free Cash FlowOCF − Capex | $64.0B | $-10.0B |
| FCF MarginFCF / Revenue | 223.9% | -62.1% |
| Capex IntensityCapex / Revenue | 4.7% | 74.9% |
| Cash ConversionOCF / Net Profit | 8.90× | 0.34× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-13.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $2.1B | ||
| Q3 25 | — | $8.1B | ||
| Q2 25 | — | $6.2B | ||
| Q1 25 | $65.3B | $5.9B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $7.4B | ||
| Q2 24 | — | $6.1B | ||
| Q1 24 | — | $5.5B |
| Q4 25 | — | $-10.0B | ||
| Q3 25 | — | $-362.0M | ||
| Q2 25 | — | $-2.9B | ||
| Q1 25 | $64.0B | $71.0M | ||
| Q4 24 | — | $-2.7B | ||
| Q3 24 | — | $5.1B | ||
| Q2 24 | — | $3.3B | ||
| Q1 24 | — | $3.8B |
| Q4 25 | — | -62.1% | ||
| Q3 25 | — | -2.4% | ||
| Q2 25 | — | -18.4% | ||
| Q1 25 | 223.9% | 0.5% | ||
| Q4 24 | — | -19.0% | ||
| Q3 24 | — | 38.5% | ||
| Q2 24 | — | 23.0% | ||
| Q1 24 | — | 28.6% |
| Q4 25 | — | 74.9% | ||
| Q3 25 | — | 57.0% | ||
| Q2 25 | — | 57.1% | ||
| Q1 25 | 4.7% | 41.5% | ||
| Q4 24 | — | 28.2% | ||
| Q3 24 | — | 17.3% | ||
| Q2 24 | — | 19.6% | ||
| Q1 24 | — | 12.6% |
| Q4 25 | — | 0.34× | ||
| Q3 25 | — | 2.78× | ||
| Q2 25 | — | 1.80× | ||
| Q1 25 | 8.90× | 2.02× | ||
| Q4 24 | — | 0.41× | ||
| Q3 24 | — | 2.54× | ||
| Q2 24 | — | 1.93× | ||
| Q1 24 | — | 2.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HSBC
Segment breakdown not available.
ORCL
| Software Support | $4.9B | 31% |
| Cloud Infrastructure | $4.1B | 25% |
| Cloud Applications | $3.9B | 24% |
| Services Business | $1.4B | 9% |
| Software License | $939.0M | 6% |
| Hardware Business | $776.0M | 5% |
