UP Fintech Holding Limited

TIGR

Financial Capital Markets

UP Fintech Holding Limited’s revenue for fiscal 2025 (year ended December 2025) was $612.1 million, up 56.3% from fiscal 2024.

Revenue
+31.4%
EPS
−4.35%
Free cash flow
+74,003.9%
Total debt
−67.0%

Quarter to June 2026, against a year earlier

3.92 0.03 −0.76%
Market cap
$677.8M
P/E
6.2×
Fwd P/E
8.5×
Dividend yield
—
F-score
7/9
ROIC
0.00%
Net debt / EBITDA
−14.5×
Dividend safety
n/a

Insider Decisions last twelve months

Net sold
$42.9K
Trades
1 sell · 0 buys
Ownership
3.12%

Capital & Financial Ratios $m

Size
Market Cap 678
Revenue ttm 688
Net income ttm 171
Free cash flow ttm 2,267
Net debt Q (4,772)
Valuation
P/E 6.2
Forward P/E 8.5
Price / sales 1.0
Forward P/S Powerpack
Price / FCF 0.3
Price / book 0.8
Financial health
Current ratio Q 1.1
Debt / equity Q 0.1
Interest coverage Q 3.6
Growth
Revenue growth Q +31.4% (above 0%: growing)
Operating income growth Q +15.6% (above 0%: growing)
EPS, this year −50.9% (below 0%: weak)
EPS, next year A +55.9% (at or above 15%: strong)
Revenue, next year A +13.8% (at or above 10%: strong)
EPS, past 5 yrs +53.3% (at or above 15%: strong)
EPS, next 5 yrs A −7.7% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation vs history

P/E against its own 10 years 0.42%
10-year low 10-year high
P/S against its own 10 years 0.31%
10-year low 10-year high
P/B against its own 10 years 0.37%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2016–25
−100.0%/yr
  1. 0.13 ’16
  2. 0.00 ’19 −100
  3. 0.00 ’20
  4. 0.00 ’21
  5. 0.00 ’22
  6. 0.00 ’23
  7. 0.00 ’24
  8. 0.00 ’25
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 2,368 2,934 4,278 4,825
Receivables 1,303 3,359 3,818 4,789
Inventory 1 1 2 2
Other 18 18 34 29
3,690 6,328 8,152 9,671
2023 2024 2025 Q'26
Payables 3,038 5,490 7,070 8,609
ST’ Debt — — 111 —
Other — — — —
3,086 5,562 7,299 8,801

Compound Annual Growth %

10y 5y 3y
Sales — 34.61% 39.52%
Cash Flow — 19.72% 72.16%
Earnings — 60.46% 0.00%
Book Value — 29.71% 24.63%

EPS $

Mar Jun Sep Dec Year
’26 (0.15) 0.21 — — —
’25 0.16 0.22 0.29 0.24 0.93
’24 0.08 0.02 0.11 0.16 0.36
’23 0.05 0.08 0.08 (0.01) 0.21
’22 (0.04) (0.01) 0.02 0.01 (0.01)
’21 0.14 (0.15) 0.13 (0.04) 0.09
’20 0.02 0.01 0.03 0.06 0.11
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 155 182 — — —
’25 123 139 175 176 612
’24 79 87 101 124 392
’23 66 66 70 70 273
’22 53 53 55 64 225
’21 81 60 61 62 264
’20 23 30 38 47 138
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — 1,317 1,317
’24 — 155 — 828 828
’23 — — — — (7)
’22 — — — — 258
’21 — — — — 413
’20 — — — — 535
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — 1,311 1,311
’24 — 154 — 826 826
’23 — (2) — (3) (9)
’22 — — — (5) 253
’21 — — — (5) 408
’20 — — — (1) 534
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 6 17 34 59 138 264 225 273 392 612 688 +68.1% 696 678 727 +5.9%
Gross margin, % 0.00 99.78 99.23 95.71 90.87 88.22 93.07 96.67 96.26 96.64 96.86 +96.6 pt
EBT (13) (9) (46) (9) 22 19 2 46 82 207 157 n/m
EBT margin, % (233.98) (53.76) (137.56) (15.86) 15.91 7.20 0.90 16.88 20.88 33.89 22.86 +267.9 pt
Net income (11) (8) (44) (6) 19 15 (2) 33 61 171 171 n/m
Per share, $
Per share, $ Revenue 0.19 0.57 0.99 0.50 0.98 1.80 1.47 1.76 2.44 3.46 3.85 +37.8%
Earnings (0.36) (0.27) (1.35) (0.06) 0.11 0.10 (0.01) 0.21 0.38 0.97 0.63 n/m
Cash flow (0.39) (0.29) (0.63) 2.08 3.79 2.81 1.69 (0.04) 5.16 7.45 0.00 n/m
Capex 0.00 (0.02) (0.05) (0.01) (0.01) (0.03) (0.03) (0.02) (0.01) (0.03) 0.00 n/m
Free cash flow (0.39) (0.31) (0.68) 2.07 3.78 2.78 1.65 (0.06) 5.16 7.42 0.00 n/m
Book value 0.00 (0.52) (0.77) 1.81 1.67 3.04 2.92 3.15 4.09 4.89 4.96 n/m
Shares, m 30 30 34 117 141 147 153 155 160 177 178 +22.0%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 66.17 49.10 0.00 18.77 17.46 9.96 6.22 16.1
P/S 44.03 44.03 44.03 7.07 8.09 2.73 2.17 2.35 2.64 2.76 1.02 16.0
P/B 0.00 0.00 0.00 1.96 4.76 1.62 1.10 1.31 1.58 1.95 0.79 1.4
EV/Sales 42.61 42.61 42.61 0.47 1.31 (3.14) (6.51) (5.75) (4.43) (3.96) — 10.6
EV/FCF (62.58) (62.58) (62.58) 0.13 0.24 (0.72) (1.02) (2.67) (1.82) (1.07) — (19.5)
Cash, $m
Cash, $m Operating cash flow (12) (9) (21) 243 535 413 258 (7) 828 1,317 2,279 n/m
Capex 0 (1) (2) (1) (1) (5) (5) (3) (2) (5) (11) +32.3%
Free cash flow (12) (9) (23) 242 534 408 253 (9) 826 1,311 2,267 n/m
Balance, $m
Balance, $m Working capital — 20 86 182 201 551 558 604 766 852 870 +59.8%
Net debt — (18) (48) (387) (940) (1,552) (1,957) (2,211) (2,774) (4,116) (4,772) +97.1%
Shareholders’ equity — (15) (26) 212 236 447 447 489 655 865 887 n/m
Returns, %
Returns, % ROA 0.00 (9.95) (57.15) (1.43) 1.07 0.53 (0.06) 0.86 1.20 2.34 1.22 +2.3 pt
ROIC — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
ROE 0.00 38.51 209.88 (7.08) 7.18 4.31 (0.49) 6.96 10.62 22.48 13.60 +22.5 pt
People
People Employees — — 446 650 785 1,134 1,040 1,109 1,193 1,346 — +17.1%
Revenue/emp, $m 0.00 0.00 0.08 0.09 0.18 0.23 0.22 0.25 0.33 0.45 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

UP Fintech Holding Limited vs peers in Capital Markets (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
OPY Oppenheimer Holdings, Inc. $983.6M 11.1× — (loss-making) −10.00% (below 0%: shrinking) −74.76% (below 0%: shrinking) +106.70% (above 0%: growing) 97.98% 16.73% Compare
TIGR UP Fintech Holding Limited $684.7M 6.2× 8.5× +31.39% (above 0%: growing) −4.35% (below 0%: shrinking) +74,003.85% (above 0%: growing) 96.29% 42.98%
CD Chaince Digital Holdings Inc. $599.5M — (loss-making) — −40.84% (below 0%: shrinking) n/m +175.88% (above 0%: growing) 48.06% (325.71%) Compare
BTGO BitGo Holdings, Inc. $599.5M — (loss-making) — (loss-making) +143.96% (above 0%: growing) n/m −401.80% (below 0%: shrinking) 0.85% (0.40%) Compare
XRPN Evernorth Holdings Inc. $598.5M — — — — — — — Compare
MTC MMTec, Inc. $568.6M — (loss-making) 6.2× +463.39% (above 0%: growing) +53.54% (above 0%: growing) +10.81% (above 0%: growing) 0.00% 0.00% Compare
CSHR CoinShares PLC $499.5M 5.0× — — +128.25% (above 0%: growing) −51.03% (below 0%: shrinking) — 0.00% Compare
HIVE HIVE Digital Technologies Ltd. $496.5M — (loss-making) — (loss-making) +73.47% (above 0%: growing) n/m −12.46% (below 0%: shrinking) 31.90% (58.65%) Compare
FWDI Forward Industries, Inc. $421.9M — (loss-making) — (loss-making) +332.09% (above 0%: growing) n/m −4,212.31% (below 0%: shrinking) 62.19% (651.82%) Compare
Median of peers $583.5M — — +108.72% +53.54% −12.46% 39.98% (0.40%)

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UP Fintech Holding Limited (TIGR) Latest News

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stockrow.com/TIGR · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com