UP Fintech stock reports record quarter as revenue rises 31.40 percent

Published on 09/29/2026 at 16:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UP Fintech stock generated USD 182.30 million in Q2 2026, with GAAP income returning to USD 39.40 million. Client assets reached USD 60.70 billion.

TIGR, US90353W1018, Illustration mit AI erstellt.

UP Fintech (ISIN US90353W1018) generated record second-quarter revenue of USD 182.30 million, up 31.40 percent year over year. The August 26, 2026 earnings call also showed GAAP net income of USD 39.40 million after a USD 26.90 million loss in the first quarter, according to The Globe and Mail.

Revenue reaches a record

Commission income rose 21.00 percent year over year to USD 78.30 million, while interest income increased 36.00 percent to USD 79.80 million in Q2 2026. Operating profit reached USD 56.80 million, up 12.60 percent year over year, according to the earnings-call transcript dated August 26, 2026.

The international brokerage is adding users beyond mainland China. UP Fintech added 32,600 funded accounts in the quarter, a 12.70 percent increase from Q1 2026, and more than 70 percent of those additions came from Singapore and Hong Kong.

Growth carries a higher cost

Total client assets reached USD 60.70 billion on June 30, 2026, up 16.70 percent year over year and 3.10 percent quarter over quarter. Funded accounts totaled 1.32 million, an increase of 10.30 percent from the same date a year earlier, according to Yahoo Finance.

Expansion is consuming more capital. Marketing and branding expenses rose 86.60 percent year over year to USD 18.40 million, while the average cost of acquiring a funded account increased to USD 450 from USD 420 in the previous quarter.

The cash equity take rate fell to 3.60 basis points from 5.90 basis points in Q1 2026. The company linked the decline to higher U.S. trading volume through a zero-commission subsidiary, making client growth and monetization the key balance for the next reporting period.

Market value and investor reference

UP Fintech had a market capitalization of USD 819.50 million as of September 29, 2026. The company is listed on Nasdaq under ticker TIGR and operates the Tiger Brokers online brokerage platform, with revenue generated from commissions, interest income, financing services and other activities.