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

UP Fintech Holding (TIGR) has 8 years of Operating Expenses data on file, last reported at -$102.8 million 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 fell to -$102.8 million in Q4 2025, from -$89.4 million in the prior quarter.
• Across five years, Operating Expenses topped out at -$45.5 million in Q2 2023 and bottomed at -$102.8 million in Q4 2025.
• A 5-year average of -$60.4 million and a median of -$54.7 million in 2021 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2021 — Operating Expenses tumbled 171.04% — and 2022, when it gained 21.53%.
• Year by year, Operating Expenses stood at -$64.9 million in 2021, then advanced by 21.53% to -$50.9 million in 2022, then dropped by 3.13% to -$52.5 million in 2023, then plunged by 39.26% to -$73.1 million in 2024, then tumbled by 40.65% to -$102.8 million in 2025.
• The last three Operating Expenses figures came in at -$102.8 million (Q4 2025), -$89.4 million (Q3 2025), and -$71.0 million (Q2 2025), per Business Quant data.

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