Full-Year Profit Soars 165% on Record Revenue
UP Fintech Holding Limited (NASDAQ: TIGR) announced a landmark financial performance for the fiscal year ending December 31, 2025. The company's total revenue reached a record $612.1 million, a 56.3% increase from 2024. This top-line growth fueled a significant expansion in profitability, with full-year non-GAAP net income climbing 164.7% year-over-year to $186.5 million. GAAP net income also showed robust growth, increasing 181.4% to $170.9 million.
The final quarter of 2025 sustained this momentum. Fourth-quarter revenue was $175.6 million, a 41.5% increase from the same period in the prior year. Quarterly non-GAAP net income grew 60.5% year-over-year to $48.9 million, underscoring the firm's improved operating leverage and consistent performance.
Client Assets Hit $60.8B as Global Strategy Pays Off
The company's growth was powered by its successful internationalization strategy, which attracted a larger client base and substantial assets. Total client account balances rose 45.7% year-over-year to finish 2025 at $60.8 billion. This was supported by robust net asset inflows of over $10 billion for the full year. UP Fintech added 161,900 new customers with deposits, exceeding its annual guidance of 150,000 and bringing the total to over 1.25 million.
Expansion in key international markets was particularly strong. Client assets in its Singapore headquarters grew by more than 50%. Newer markets showed even faster growth, with client assets more than doubling in Australia and New Zealand and tripling in Hong Kong. The firm's corporate business also performed well, underwriting 47 U.S. and Hong Kong IPOs during the year.
This progress reflects our effective execution of our internationalization strategy and our commitment to building a resilient business model with improved operating leverage.
— Wu Tianhua, Chairman and CEO of UP Fintech.
Edgen Stock·Mar 19 2026, 08:37
