UP Fintech Holding (TIGR) Operating Expenses (2018 - 2025)

UP Fintech Holding (TIGR) has reported Operating Expenses for 8 consecutive years, with -$102.8 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Operating Expenses fell 40.65% year-over-year to -$102.8 million; the TTM figure through Dec 2025 stood at -$330.3 million (down 30.94% YoY), while the FY2025 annual figure was $330.3 million, up 30.94% from the prior year.
• Operating Expenses came in at -$102.8 million for Q4 2025 at UP Fintech Holding, down from -$89.4 million in the prior quarter.
• The five-year high for Operating Expenses was -$45.5 million in Q2 2023, with the low at -$102.8 million in Q4 2025.
• Average Operating Expenses over 5 years is -$60.4 million, with a median of -$54.7 million recorded in 2021.
• Across the five-year window, Operating Expenses plunged 171.04% in 2021 and rose 21.53% in 2022, its largest moves.
• Year by year, Operating Expenses stood at -$64.9 million in 2021, then increased by 21.53% to -$50.9 million in 2022, then retreated by 3.13% to -$52.5 million in 2023, then tumbled by 39.26% to -$73.1 million in 2024, then slumped by 40.65% to -$102.8 million in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered -$102.8 million, -$89.4 million, and -$71.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.