UP Fintech Swings to Q2 Profit of $39.4M on Record $182.3M Revenue
TIGR sits 38% above its 52-week low of $4.
Summary
UP Fintech reported record Q2 revenue of $182.3 million and swung to a $39.4 million GAAP profit, with client assets up 16.7% to $60.7 billion. The company also repurchased $5 million of ADSs under its June buyback program.
Key Events · Earnings and Guidance · TIGR
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Record Revenue and Profit Rebound
Q2 revenue hit an all-time high of $182.3M, up 31.4% YoY, and GAAP net income swung to $39.4M from a $26.9M loss in Q1 2026.
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Client Assets and Account Growth
Total client assets reached $60.7B, up 16.7% YoY, with 32,600 new funded clients added and total funded accounts at 1,315,400.
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Cash Position Declines
Cash and cash equivalents plus term deposits fell to $544.6M from $793.1M at December 31, 2025, reflecting higher funding for margin and securities lending.
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Buyback Execution
Repurchased approximately $5M of ADSs under the $50M share repurchase program announced June 2, 2026.
Analysis · TIGR · Crypto Assets
A record quarter for UP Fintech saw revenue climb 31.4% year-over-year to $182.3 million, while GAAP net income swung to a $39.4 million profit from a $26.9 million loss in the prior quarter. The rebound was fueled by a 36% jump in interest income and a 21% rise in commissions, with client assets growing 16.7% to $60.7 billion. The company also executed $5 million of its $50 million buyback program announced in June. The main watch item is the sharp drop in cash and term deposits to $544.6 million from $793.1 million at year-end, reflecting higher funding needs for margin lending and securities lending activities.
How filings like this one have moved
In the 30 days to Aug 26, 2026, 29.6% of the 2932 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.01%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TIGR was trading at $5.51 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $1B. The 52-week trading range was $4.00 to $13.55. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.