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MARKETS / NASDAQ / TIGR
NASDAQ · SECURITY BROKERS, DEALERS & FLOTATION COMPANIES · LARGE CAP

UP Fintech Holding Ltd. TIGR

9 fiscal years on record · USD · FY2025 reported · SEC filings only
$612.1M
▲ 56.3% YoY
$171.5M
▲ 179.5% YoY
$1.3B
▲ 58.7% YoY
In brief

What this company does

UP Fintech Holding Limited primarily operates a one-stop digital brokerage platform, which serves as a gateway for retail and corporate clients. As of December 31, 2025, 423,902 of its customers had conducted at least one trading transaction on its platform in the preceding 12 months. Its product offerings extend from brokerage services to ESOP management, IPO distribution, and wealth management. Its trading platform allows investors to trade stocks, options, warrants and other financial instruments listed on major stock exchanges, including Nasdaq, the New York Stock Exchange and the Hong Kong Stock Exchange, as well as A shares eligible under the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs. As of December 31, 2025, it had served 748 corporate clients through its ESOP business. In 2025, it participated in 47 U.S. and Hong Kong IPOs. Its services became accessible through its website and its flagship app, Tiger Trade, in August 2015.

Written from the business description in UP Fintech Holding Limited's annual report to the U.S. Securities and Exchange Commission, filed 24 April 2026. Every sentence was checked against that document before publication.

Growth
USD 612.1M
Revenue, FY2025 · full 9-year series below
Revenue $M Net income $M
FY2025 · Revenue 612.1 · Net income 171.5
250.0M500.0M201720182019202020212022202320242025
Compound annual growth
+39.5%
+34.6%
+55.0%
+44.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +34.6% a year over five years — but profit grew faster: net income at +55.0%, earnings per share at +44.0%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
28 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 33.9% · Net 28.0%
10%20%30%-50%-100%201720182019202020212022202320242025
ROE

No chart to show — the reason differs by year; see each year in the table below.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.3
0.5B1.0B201720182019202020212022202320242025
Net buybacks $M Dividends $M
FY2020 · Dividends — · Net buybacks 2.2
0.8M1.6M2020

Total assetsUSD 8.2B
EquityUSD 865.5M
CashUSD 791.0M
Current ratio1.12×

Equity funds 11% of total assets.

The 9-year record
9 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017
Revenue $B0.60.40.30.20.30.10.10.00.0
Operating income $B0.20.10.00.00.00.0−0.0−0.0−0.0
EBITDA $B0.20.10.00.00.00.0−0.0−0.0−0.0
Income tax $B0.00.00.00.00.00.0−0.0−0.0−0.0
Net income $B0.20.10.0−0.00.00.0−0.0−0.0−0.0
Free cash flow $B1.30.8−0.00.30.40.50.2−0.0−0.0
EPS, diluted $0.060.020.010.000.010.010.00−0.09−0.02
Dividend / sh $·········
Payout %·········
ROE %······−7.0··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 32 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 44 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivitySecurity Brokers, Dealers & Flotation Companies
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
Data on record since2017

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