AMTD Digital Inc. (HKD) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
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HKD Revenue Growth
Revenue Breakdown
HKD's revenue distribution by segment and geography
By Geography
HKD Revenue Analysis (2019–2025)
As of May 8, 2026, AMTD Digital Inc. (HKD) generated trailing twelve-month (TTM) revenue of $89.5 million, reflecting significant decline in growth of -37.7% year-over-year. The most recent quarter (Q2 2024) recorded $8.7 million in revenue, down 54.7% sequentially.
Looking at the longer-term picture, HKD's 5-year compound annual growth rate (CAGR) stands at -32.5%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $390.5 million in 2024.
When compared to Technology sector peers including FUTU, UP (-7.0% YoY), and TIGR, HKD has underperformed the peer group in terms of revenue growth. Compare HKD vs FUTU →
HKD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HKDCurrent | $90M | -37.7% | -32.5% | 51.7% | |
 FUTU | $13.6B | - | - | 48.7% | |
 UP | $736M | -7.0% | +1.2% | -34.3% | |
 TIGR | $392M | - | - | 35.6% | |
 NOAH | $2.6B | - | - | 24.4% | |
 CNF | $626M | - | - | -11.2% |
HKD Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $23.4M | -94.0% | $18.4M | 78.4% | $12.1M | 51.7% |
| 2024 | $390.5M | +1081.0% | $342.4M | 87.7% | $295.4M | 75.7% |
| 2023 | $33.1M | -90.0% | $23.2M | 70.2% | $14.6M | 44.2% |
| 2022 | $331.2M | +68.9% | $125.4M | 37.8% | $224.8M | 67.9% |
| 2021 | $196.1M | +17.0% | $25.3M | 12.9% | $133.4M | 68.0% |
| 2020 | $167.5M | +1051.1% | $152.4M | 90.9% | $144.0M | 86.0% |
| 2019 | $14.6M | - | $5.4M | 37.0% | $522K | 3.6% |
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Start ComparisonHKD — Frequently Asked Questions
Quick answers to the most common questions about buying HKD stock.
Is HKD's revenue growth accelerating or slowing?
HKD revenue declined -37.7% year-over-year, contrasting with the 5-year CAGR of -32.5%. TTM revenue fell to $90M. This reverses the prior growth trend.
What is HKD's long-term revenue growth rate?
AMTD Digital Inc.'s 5-year revenue CAGR of -32.5% reflects the variable expansion pattern. Current YoY growth of -37.7% is below this long-term average.
How is HKD's revenue distributed by segment?
HKD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.