Finance

Tiger Brokers Soars: How UP Fintech’s Q2 Earnings and Client Growth Outpaced Expectations

UP Fintech (TIGR) reported strong earnings and customer growth, with client assets hitting $52.1B, as its stock surged over 65%.

byAndres Castro

October 31, 2025, 4:04 PM

Finger interacting with a stock market chart on a smartphone screen.

A finger interacts with a stock chart app on a smartphone. By MDL.

Executive Summary

UP Fintech Holding (TIGR) reported substantial Q2 earnings, with EPS reaching 23 cents and revenue climbing 59% year-over-year to $138.7 million, while client assets hit a new high of $52.1 billion.

The company significantly expanded its customer base, adding nearly 40,000 new clients in Q2 for a year-to-date total over 100,000, bringing its total customers with deposits to 1,192,700.

TIGR’s stock has gained over 65% year-to-date, maintains high investment metrics (99 EPS, 98 Composite Rating), ranks second in its sector, and shows sustained institutional investor interest.

The Story So Far

UP Fintech Holding, a China-based fintech company, operates the Tiger Brokers online trading platform, which facilitates trading in equities and other financial instruments across multiple global markets and offers services such as margin financing and IPO applications. The company is experiencing substantial earnings and client growth, with client assets reaching a new high and its stock performing well, indicating a strong market position and investor confidence.

Why This Matters

UP Fintech Holding’s robust financial performance, marked by significant earnings and client asset growth, signals strong momentum and increasing adoption of its Tiger Brokers online trading platform. This sustained growth in client acquisition and institutional interest solidifies its competitive position in the fintech brokerage sector, suggesting a positive outlook for continued profitability and market expansion.

Who Thinks What?

UP Fintech Holding reports substantial earnings growth, record client assets, and is on track to meet its 2025 target for new funded clients, indicating strong operational performance and growth.

Institutional investors demonstrate sustained interest in UP Fintech Holding, having added shares for five consecutive quarters, suggesting confidence in the company’s prospects.

Analysts project continued growth for UP Fintech Holding, forecasting increased profit and sales for the third quarter and the full year 2025.

UP Fintech Holding (TIGR), the China-based fintech company behind the Tiger Brokers online trading platform, reported substantial earnings growth in its latest financial report, with client assets reaching a new high of $52.1 billion at the end of the second quarter. The company added nearly 40,000 new customers during the quarter, contributing to a year-to-date total exceeding 100,000, as its stock has gained more than 65% so far this year.

Second Quarter Financials and Client Growth

For the second quarter, UP Fintech reported earnings per share of nearly 23 cents, a significant increase from 3 cents per share in the prior year’s quarter. Revenue climbed to $138.7 million, representing a 59% year-over-year growth.

The online broker added 39,800 new customers in the second quarter, bringing its year-to-date additions to over 100,000. The company stated it is on pace to reach its target of 150,000 new funded clients for 2025. By the end of the second quarter, UP Fintech had 1,192,700 customers with deposits, marking a 21.4% increase compared to the same period last year.

Stock Performance and Market Position

UP Fintech’s stock is currently testing a key level within a consolidation pattern, having climbed for its third consecutive week from the bottom of a stage-three consolidation. The shares are also testing their 10-week moving average, following five consecutive weeks below it.

The company maintains a high standing in investment metrics, including a 99 Earnings Per Share Rating and a 98 Composite Rating, positioning it on the IBD Sector Leaders list. It ranks second only to Interactive Brokers (IBKR) within the Finance-Investment Bankers/Brokers group.

Institutional Interest and Business Offerings

Institutional investors have shown sustained interest, with mutual funds adding shares for five straight quarters. The company’s Accumulation/Distribution Rating of B suggests moderate institutional buying over the last 13 weeks, complemented by management’s ownership of 19% of shares.

UP Fintech’s Tiger Brokers platform allows for trading in equities and other financial instruments across multiple currencies and global markets. Its services also include margin financing, share application for initial public offerings, employee stock ownership plan management, and investor education.

Analyst Outlook

Analyst estimates project third-quarter profit of 22 cents per share, an increase from 12 cents per share a year ago, with sales forecasts at $138.7 million, representing 34% growth. For the full year 2025, earnings projections anticipate 76 cents per share, an 80% jump, followed by a more modest 6% rise in 2026.

Summary

UP Fintech Holding’s recent financial results highlight substantial growth in both earnings and client assets, driven by its Tiger Brokers online trading platform. The company’s stock has seen significant gains this year, supported by strong institutional interest and positive analyst forecasts for continued growth in the coming quarters.