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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

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

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
250.0M500.0M
2017202020232025
Compound annual growth
+39.5%
+34.6%
+55.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +34.6% a year over the five years to FY2025 — but profit grew faster: net income at +55.0%.

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%-20%-40%
201720212025
ROE

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

Three returns, three denominators.
Return on equityNot available: we don't have a clean profit figure for this period.
Return on capital employedNot available: we don't have a clean operating profit figure for this period.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.3
0.5B1.0B
201720212025
Net buybacks $M Dividends $M
FY2020 · Dividends · · Net buybacks 2.2
1M2M
2020

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—not applicable◌not available in our data
TIGR, 9-year financial record
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 % — not applicable: no dividend—————————
ROE %◌◌◌◌◌◌———

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 32 reconciliationsAUDITED

Reconciled in 9 of the 9 fiscal years we could check. 22 checks were skipped: the balance sheet is not tagged before 2018. 10 checks were skipped: EPS is not tagged before 2017.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 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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