OneConnect Financial Technology Co., Ltd. (OCFT) Revenue History
Annual and quarterly revenue from 2017 to 2024
Compound Annual Growth Rate (CAGR)
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OCFT Revenue Growth
Revenue Breakdown (FY 2024)
OCFT's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
OCFT Revenue Analysis (2017–2024)
As of May 8, 2026, OneConnect Financial Technology Co., Ltd. (OCFT) generated trailing twelve-month (TTM) revenue of $1.63 billion, reflecting significant decline in growth of -37.4% year-over-year. The most recent quarter (Q2 2025) recorded $433.4 million in revenue, up 17.8% sequentially.
Looking at the longer-term picture, OCFT's 5-year compound annual growth rate (CAGR) stands at -0.7%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $4.46 billion in 2022.
Revenue diversification analysis shows OCFT's business is primarily driven by Risk Management Services (78%), and Other Revenue (22%). With over half of revenue concentrated in Risk Management Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including TIGR, FUTU, and OPEN (-23.2% YoY), OCFT has underperformed the peer group in terms of revenue growth. Compare OCFT vs TIGR →
OCFT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| OCFTCurrent | $1.6B | -37.4% | -0.7% | -13.5% | |
 TIGR | $392M | - | - | 35.6% | |
 FUTU | $13.6B | - | - | 48.7% | |
 OPEN | $4.4B | -23.2% | +11.1% | -6.2% | |
 NCNO | $541M | +12.1% | +31.4% | -3.4% | |
 FICO | $2.0B | +22.6% | +9.0% | 46.5% |
OCFT Historical Revenue Data (2017–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $2.25B | -38.7% | $804.5M | 35.8% | $-303,533,000 | -13.5% |
| 2023 | $3.67B | -17.8% | $1.35B | 36.8% | $-368,212,000 | -10.0% |
| 2022 | $4.46B | +8.0% | $1.64B | 36.6% | $-981,563,000 | -22.0% |
| 2021 | $4.13B | +24.8% | $1.44B | 34.8% | $-1,404,740,000 | -34.0% |
| 2020 | $3.31B | +42.3% | $1.24B | 37.5% | $-1,470,326,000 | -44.4% |
| 2019 | $2.33B | +64.7% | $766.9M | 32.9% | $-1,655,845,000 | -71.1% |
| 2018 | $1.41B | +142.9% | $388.6M | 27.5% | $-1,114,367,000 | -78.8% |
| 2017 | $581.9M | - | $99.4M | 17.1% | $-890,303,000 | -153.0% |
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Start ComparisonOCFT — Frequently Asked Questions
Quick answers to the most common questions about buying OCFT stock.
Is OCFT's revenue growth accelerating or slowing?
OCFT revenue declined -37.4% year-over-year, contrasting with the 5-year CAGR of -0.7%. TTM revenue fell to $1.6B. This reverses the prior growth trend.
What is OCFT's long-term revenue growth rate?
OneConnect Financial Technology Co., Ltd.'s 5-year revenue CAGR of -0.7% reflects the variable expansion pattern. Current YoY growth of -37.4% is below this long-term average.
How is OCFT's revenue distributed by segment?
OCFT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2024 are available for download. Segment mix reveals concentration and diversification trends.