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. In the quarter to June 2026, revenue grew 31.4%, EPS fell 4.35%, free cash flow grew 74,003.9% and total debt fell 67.0%, each against the same quarter a year earlier. Revenue growth for three consecutive years.

4.05 0.26 −6.03%
Market cap
$747.1M
P/E
6.4×
Fwd P/E
10.7×
Dividend yield
—
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total sells 0.04
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — 1 — — — —
Insider Ownership 3.12%

Capital & Financial Ratios $m

Market Cap 747.10
Revenue 687.88
Net Income 171.48
Free Cash Flow 2,267.45
Net Debt (4,772.12)
Current Ratio 1.10
Debt/Equity 0.06
P/E ratio 6.43
Fwd P/E 10.70
P/S ratio 1.05
P/B ratio 0.82
Past 5Y EPS Growth 53.26% (at or above 15%: strong)
This Y EPS Growth (50.89%) (below 0%: weak)
Next Y EPS Growth 55.85% (at or above 15%: strong)
Next Y revenue growth 13.78% (at or above 10%: strong)
Next 5Y EPS Growth (7.75%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 0.21%
10-year low 10-year high
P/S against its own 10 years 0.05%
10-year low 10-year high
P/B against its own 10 years 0.16%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2016 0.35
0.13
0.13
0.09
predictions special payouts not included in total or ratios

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%

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.

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.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — 3.25 2.03 4.16 2.68 2.31 3.10 5.64

Analyst estimates 2026–2028

Powerpack
High — — — 23.89 8.45 38.50 7.07 5.80 14.48 13.55
People
People Employees — — 446 650 785 1,134 1,040 1,109 1,193 1,346
Revenue/emp, $m 0.00 0.00 0.08 0.09 0.18 0.23 0.22 0.25 0.33 0.45
Income, $m
Income, $m Revenue 6 17 34 59 138 264 225 273 392 612
Gross margin, % 0.00 99.78 99.23 95.71 90.87 88.22 93.07 96.67 96.26 96.64
EBT (13) (9) (46) (9) 22 19 2 46 82 207
EBT margin, % (233.98) (53.76) (137.56) (15.86) 15.91 7.20 0.90 16.88 20.88 33.89
Net income (11) (8) (44) (6) 19 15 (2) 33 61 171
Depreciation — 0 0 1 1 1 3 3 3 3
Per share, $
Per share, $ Revenue 0.04 0.57 0.99 0.50 0.98 1.80 1.47 1.76 2.44 3.46
Earnings (0.01) (0.27) (1.35) (0.06) 0.11 0.10 (0.01) 0.21 0.38 0.97
Cash flow (0.09) (0.29) (0.63) 2.08 3.79 2.81 1.69 (0.04) 5.16 7.45
Capex 0.00 (0.02) (0.05) (0.01) (0.01) (0.03) (0.03) (0.02) (0.01) (0.03)
Free cash flow (0.09) (0.31) (0.68) 2.07 3.78 2.78 1.65 (0.06) 5.16 7.42
Book value 0.00 (0.52) (0.77) 1.81 1.67 3.04 2.92 3.15 4.09 4.89
Shares, m 135 30 34 117 141 147 153 155 160 177
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 66.17 49.10 0.00 18.77 17.46 9.96
P/S 44.03 44.03 44.03 7.07 8.09 2.73 2.17 2.35 2.64 2.76
P/B 0.00 0.00 0.00 1.96 4.76 1.62 1.10 1.31 1.58 1.95
EV/Sales 42.61 42.61 42.61 0.47 1.31 (3.14) (6.51) (5.75) (4.43) (3.96)
EV/FCF (62.58) (62.58) (62.58) 0.13 0.24 (0.72) (1.02) (2.67) (1.82) (1.07)
Cash, $m
Cash, $m Operating cash flow (12) (9) (21) 243 535 413 258 (7) 828 1,317
Capex 0 (1) (2) (1) (1) (5) (5) (3) (2) (5)
Free cash flow (12) (9) (23) 242 534 408 253 (9) 826 1,311
Balance, $m
Balance, $m Working capital — 20 86 182 201 551 558 604 766 852
Total debt — — — 5 8 153 161 157 160 162
Net debt — (18) (48) (387) (940) (1,552) (1,957) (2,211) (2,774) (4,116)
Shareholders’ equity — (15) (26) 212 236 447 447 489 655 865
Returns, %
Returns, % ROA 0.00 (9.95) (57.15) (1.43) 1.07 0.53 (0.06) 0.86 1.20 2.34
ROIC — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ROE 0.00 38.51 209.88 (7.08) 7.18 4.31 (0.49) 6.96 10.62 22.48
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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
GOLD Gold.com Inc. $1.2B 13.0× 13.6× +99.24% (above 0%: growing) 0.00% +1,587.91% (above 0%: growing) 2.20% 0.53% Compare
OPY Oppenheimer Holdings, Inc. $1.1B 10.3× — (loss-making) +21.89% (above 0%: growing) +23.79% (above 0%: growing) −246.51% (below 0%: shrinking) 98.25% 21.20% Compare
CD Chaince Digital Holdings Inc. $767.8M — (loss-making) — −40.84% (below 0%: shrinking) n/m +175.88% (above 0%: growing) 48.06% (325.71%) Compare
BTGO BitGo Holdings, Inc. $762.9M — (loss-making) — (loss-making) +143.96% (above 0%: growing) n/m −401.80% (below 0%: shrinking) 0.85% (0.40%) Compare
TIGR UP Fintech Holding Limited $747.1M 6.4× 10.7× +31.39% (above 0%: growing) −4.35% (below 0%: shrinking) +74,003.85% (above 0%: growing) 96.29% 42.98%
HIVE HIVE Digital Technologies Ltd. $608.9M — (loss-making) — (loss-making) +73.47% (above 0%: growing) n/m −12.46% (below 0%: shrinking) 31.90% (58.65%) Compare
ABTC American Bitcoin Corp. $592.8M — (loss-making) 59.5× +121.28% (above 0%: growing) n/m −3,990.00% (below 0%: shrinking) 49.25% (110.54%) Compare
CSHR CoinShares PLC $539.1M 5.1× — — +128.25% (above 0%: growing) −51.03% (below 0%: shrinking) — 0.00% Compare
GEMI Gemini Space Station, Inc. $503.1M — (loss-making) — (loss-making) +36.61% (above 0%: growing) n/m −6,650.00% (below 0%: shrinking) 100.00% (169.19%) Compare
Median of peers $685.9M 10.3× — +73.47% +23.79% −148.77% 48.06% (29.52%)

All 93 Capital Markets stocks →

UP Fintech Holding Limited (TIGR) key facts

  • Strength: UP Fintech Holding Limited’s revenue for fiscal 2025 (year ended December 2025) was $612.1 million, up 56.3% from fiscal 2024.
  • UP Fintech Holding Limited (TIGR) is a Capital Markets company in the Financial sector, traded in the US as an ADR.
  • As of October 16, 2026, TIGR traded at $4.05, a market capitalization of $747.1 million.
  • Return on equity was 22.5% and debt-to-equity 0.06.
  • Its Piotroski F-score is 7 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

UP Fintech Holding Limited (TIGR) Latest News

stockrow.com/TIGR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com