TIGR FY 2025 Earnings Report — UP Fintech Holding Ltd. Sponsored ADR Class A Revenue & Financial Results | Market Cap Arena

UP Fintech Holding Ltd. Sponsored ADR Class ATIGR

FY 2025 Earnings

Reported December 30, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$614M	—	$392M	—	56.7%
Op. Income	$282M	—	$139M	—	102.8%
Gross Margin	93.2%	—	65.0%	—	28.2pp
Net Margin	27.9%	—	15.5%	—	12.4pp
EPS (Diluted)	$0.92	—	$0.36	—	155.6%

Revenue Flow

Item	Amount
REVENUE	$614M
Cost of Revenue	$42M
GROSS PROFIT	$572M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$290M
Operating Expenses	$290M
Cost & Expenses	$331M
OPERATING INCOME	$282M
Interest Income	$258M
Interest Expense	$74M
Other Income/Expenses	-$74M
INCOME BEFORE TAX	$208M
Income Tax Expense	$36M
Net Income from Continuing Ops	$172M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$171M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$171M
D&A	$11M
EBIT	$282M
EBITDA	$292M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$614M
Cost of Revenue	$42M
GROSS PROFIT	$572M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$290M
Operating Expenses	$290M
Cost & Expenses	$331M
OPERATING INCOME	$282M
Interest Income	$258M
Interest Expense	$74M
Other Income/Expenses	-$74M
INCOME BEFORE TAX	$208M
Income Tax Expense	$36M
Net Income from Continuing Ops	$172M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$171M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$171M
D&A	$11M
EBIT	$282M
EBITDA	$292M
EPS	$1
EPS Diluted	$1

Balance Sheet

Item	Amount
Cash & Equivalents	$4.2B
Short-Term Investments	$88M
Net Receivables	$3.8B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$8.1B
PP&E (Net)	$26M
Goodwill	$0
Intangible Assets	$2M
Long-Term Investments	$11M
Tax Assets	$10M
Other Non-Current Assets	$59M
TOTAL NON-CURRENT ASSETS	$109M
TOTAL ASSETS	$8.2B
Account Payables	$0
Short-Term Debt	$118M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$118M
Long-Term Debt	$51M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2M
Other Non-Current Liabilities	$7.2B
TOTAL NON-CURRENT LIABILITIES	$7.2B
TOTAL LIABILITIES	$7.4B
Common Stock	$26.8K
Additional Paid-In Capital	$634M
Retained Earnings	$208M
Treasury Stock	-$2M
Accum. Other Comp. Income	$25M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$866M
Minority Interest	$5M
TOTAL EQUITY	$870M
TOTAL LIABILITIES & EQUITY	$8.2B
Total Debt	$173M
Net Debt	-$4.0B