UP Fintech Holding TIGR
NASDAQ TIGR
$4.83 -0.07 (-1.43%)
At close: Sep 11, 2026 · 4:00 PM EDT

UP Fintech Holding (TIGR) Operating Expenses (2018 - 2026)

UP Fintech Holding (TIGR) posted Operating Expenses of -$103.9 million for Q2 2026, down 16.54% on a QoQ basis from -$89.2 million in Q1 2026, and down 46.49% year-over-year from -$194.2 million in Q2 2025.

Analysis

UP Fintech Holding (TIGR) Operating Expenses (2018 - 2026) Analysis & Trends

UP Fintech Holding has reported Operating Expenses for 9 years, with the latest figure at -$103.9 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 46.49% year-over-year to -$103.9 million in Q2 2026; TTM through Jun 2026 was -$385.4 million, a 42.48% decrease from a year earlier, with the FY2025 full-year figure at -$330.3 million, down 30.94% from the prior year.
  • Operating Expenses was -$103.9 million for Q2 2026 at UP Fintech Holding, down from -$89.2 million in the prior quarter.
  • The five-year high for Operating Expenses was -$45.5 million in Q2 2023, with the low at -$103.9 million in Q2 2026.
  • Average Operating Expenses over 5 years is -$65.2 million, with a median of -$57.1 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses grew 21.53% in 2022, then plunged 51.69% in 2024.
  • Over 5 years, Operating Expenses stood at -$50.9 million in 2022, then declined by 3.13% to -$52.5 million in 2023, then sank by 39.26% to -$73.1 million in 2024, then plunged by 40.65% to -$102.8 million in 2025, then retreated by 1.06% to -$103.9 million in 2026.
  • The last three Operating Expenses figures came in at -$103.9 million (Q2 2026), -$89.2 million (Q1 2026), and -$102.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Robinhood Markets 101.20 Bn 83.88 Bn 1.20 Bn 734.00 Mn
2 Interactive Brokers 41.17 Bn -6.79 Bn - 440.00 Mn
3 LPL Financial Holdings 27.86 Bn 25.16 Bn - 4.67 Bn
4 Futu Holdings 15.80 Bn -3.84 Bn 792.50 Mn -223.32 Mn
5 UP Fintech Holding 12.81 Bn 12.81 Bn - -103.94 Mn
6 Xp 10.32 Bn 5.47 Bn 105.39 Mn -336.56 Mn
7 Webull 4.83 Bn 2.90 Bn 85.87 Mn 153.38 Mn
8 eToro 2.53 Bn 1.57 Bn 63.50 Mn 93.85 Mn
9 Solowin Holdings 402.47 Mn 383.36 Mn - -
10 TOP Financial 127.44 Mn 82.47 Mn - 1.46 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -103.94 Mn
Mar 31, 2026 -89.19 Mn
Dec 31, 2025 -102.85 Mn
Sep 30, 2025 -89.44 Mn
Jun 30, 2025 -70.95 Mn
Mar 31, 2025 -67.09 Mn
Dec 31, 2024 -73.12 Mn
Sep 30, 2024 -59.34 Mn
Jun 30, 2024 -69.03 Mn
Mar 31, 2024 -50.78 Mn
Dec 31, 2023 -52.51 Mn
Sep 30, 2023 -48.78 Mn
Jun 30, 2023 -45.51 Mn
Mar 31, 2023 -45.91 Mn
Dec 31, 2022 -50.92 Mn
Sep 30, 2022 -47.29 Mn
Jun 30, 2022 -51.85 Mn
Mar 31, 2022 -54.90 Mn
Dec 31, 2021 -64.89 Mn
Sep 30, 2021 -54.43 Mn