UP Fintech (NASDAQ:TIGR) Posts Quarterly Earnings Results, Beats Estimates By $0.08 EPS

UP Fintech (NASDAQ:TIGR) posted its quarterly earnings data on Thursday. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.18 by $0.08, FiscalAI reports. UP Fintech had a return on equity of 21.09% and a net margin of 27.42%.The firm had revenue of $156.54 million during the quarter, compared to analyst estimates of $142.01 million.

Here are the key takeaways from UP Fintech’s conference call:

• Full-year results hit all-time highs with $612.1M in revenue (+56% YoY) and record GAAP net income of $170.9M (up ~181% YoY), reflecting materially improved profitability.
• Customer and asset momentum remained strong—161,900 new funded accounts in 2025 (above the 150k target), total funded accounts >1.25M, and net asset inflows >$10B for the year with client assets of $80.8B (+45.7% YoY); Hong Kong and Singapore were standout contributors.
• Product and commercial expansion accelerated: upgraded options combo trading and launched margin accounts in Australia, while To B activity grew (47 US/HK IPOs underwrote in 2025) and ESOP clients rose to 848, broadening fee pools.
• Costs rose meaningfully in Q4—marketing, communication/market-data and R&D/cloud spend and a ~$3M bad-debt provision (IPO receivables) lifted operating costs by ≈$10M QoQ and pushed up average CAC, which management says was driven by intensified local campaigns and higher channel rebates.
• A 2021 private convertible bond of $155M matures in April; two strategic investors rolled ~$50M and the company plans to repay ~$100M, which management says will not meaningfully affect liquidity.

UP Fintech Trading Down 5.2%

TIGR opened at $7.05 on Thursday. The stock has a 50-day moving average of $8.27 and a 200 day moving average of $9.39. UP Fintech has a 12 month low of $6.38 and a 12 month high of $13.55. The firm has a market cap of $1.32 billion, a P/E ratio of 8.49, a P/E/G ratio of 0.23 and a beta of 0.43.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers grew its holdings in UP Fintech by 2.8% during the 2nd quarter. Cetera Investment Advisers now owns 50,173 shares of the company’s stock worth $484,000 after acquiring an additional 1,385 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in shares of UP Fintech in the 2nd quarter worth approximately $4,441,000. Diversify Advisory Services LLC boosted its stake in shares of UP Fintech by 42.4% during the second quarter. Diversify Advisory Services LLC now owns 54,651 shares of the company’s stock valued at $552,000 after purchasing an additional 16,271 shares in the last quarter. Diversify Wealth Management LLC increased its holdings in UP Fintech by 29.1% during the second quarter. Diversify Wealth Management LLC now owns 177,706 shares of the company’s stock valued at $1,795,000 after buying an additional 40,032 shares during the period. Finally, Canada Pension Plan Investment Board increased its holdings in UP Fintech by 15.6% during the second quarter. Canada Pension Plan Investment Board now owns 1,274,250 shares of the company’s stock valued at $12,297,000 after buying an additional 172,200 shares during the period. Hedge funds and other institutional investors own 9.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on TIGR. The Goldman Sachs Group restated a “sell” rating and set a $4.73 price objective on shares of UP Fintech in a research report on Friday, December 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of UP Fintech in a research note on Wednesday, January 21st. Finally, Citigroup raised their price target on UP Fintech to $17.50 and gave the company a “buy” rating in a report on Friday, December 5th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.83.

UP Fintech Company Profile

Up Fintech Holding Ltd, trading on NASDAQ under the ticker TIGR, is a China-based financial technology company that provides online brokerage and wealth management services through its proprietary trading platform. The company’s primary offering, Tiger Brokers, enables retail and institutional clients to access global financial markets, including equities, exchange-traded funds (ETFs), options, and futures across the United States, Hong Kong, China A-shares, Australia, and Singapore.

Founded in 2014 by Zhang Zhen, Up Fintech has focused on developing an intuitive mobile and desktop trading experience, complete with real-time market data, customizable charting tools, and in-app research insights.