UP Fintech Holding reported revenue of $175.57M and net income of $45.37M for the quarter ended Dec 2025, up 41.5% year over year. This income statement covers 32 quarters of results from Mar 2018 through Dec 2025, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 2,128.13M | 2,165.36M | 2,258.28M | 2,205.19M | 2,279.26M | 2,293.79M | 2,298.89M | 2,295.15M | 2,312.97M | 2,317.69M | 2,330.22M | 2,325.34M | 2,342.47M | 2,348.45M | 2,362.53M | 2,404.64M | 2,634.97M | 2,649.85M | 2,656.88M | 2,651.61M | ||||||||||||
| Revenue & cost | ||||||||||||||||||||||||||||||||
| Revenue | 81.28M | 60.23M | 60.78M | 0.21M | 52.63M | 53.48M | 55.41M | 63.85M | 66.33M | 66.05M | 70.15M | 69.98M | 78.95M | 87.44M | 101.05M | 124.10M | 122.61M | 138.72M | 175.16M | 175.57M | ||||||||||||
| Operating items | ||||||||||||||||||||||||||||||||
| Share-based Compensation (IS) | -16.46M | -20.57M | -21.76M | -28.37M | -27.48M | -25.64M | -24.16M | -24.48M | -24.41M | -23.91M | -25.98M | -26.46M | -27.79M | -28.65M | -28.77M | -37.16M | -33.81M | -35.83M | -47.21M | -50.33M | ||||||||||||
| Selling, General & AdministrativeSG&A | -4.05M | -5.10M | -5.03M | -8.53M | -4.55M | -4.34M | -3.51M | -5.93M | -4.50M | -4.55M | -5.45M | -7.29M | -5.67M | -20.25M | -6.93M | -6.43M | -5.14M | -6.75M | -10.30M | -14.03M | ||||||||||||
| Other Operating ExpensesOther Opex | -42.65M | -57.42M | -49.40M | -56.36M | -50.36M | -47.51M | -43.78M | -44.99M | -41.41M | -40.96M | -43.33M | -45.22M | -45.11M | -48.78M | -52.41M | -66.69M | -61.96M | -64.20M | -79.14M | -88.82M | ||||||||||||
| Operating ExpensesOpex | -46.70M | -62.51M | -54.43M | -64.89M | -54.90M | -51.85M | -47.29M | -50.92M | -45.91M | -45.51M | -48.78M | -52.51M | -50.78M | -69.03M | -59.34M | -73.12M | -67.09M | -70.95M | -89.44M | -102.85M | ||||||||||||
| Operating IncomeOp. Inc | ||||||||||||||||||||||||||||||||
| EBIT | 22.55M | -26.64M | 14.93M | -10.16M | -10.00M | -3.75M | 0.68M | -3.56M | 3.93M | 7.46M | 3.84M | -16.19M | 2.20M | -7.35M | 5.13M | 20.98M | 24.09M | 31.73M | 43.17M | 35.10M | ||||||||||||
| Non-operating items | ||||||||||||||||||||||||||||||||
| Non Operating Investment Income | ||||||||||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 15.63M | 16.85M | 17.59M | 20.27M | 15.46M | 14.45M | 24.80M | 30.44M | 34.59M | 36.45M | 38.30M | 39.96M | 43.84M | 44.19M | 47.96M | 55.76M | 53.81M | 58.69M | 73.22M | 71.28M | ||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | -0.96M | -0.95M | -1.03M | 0.20M | -0.43M | 1.68M | 1.17M | -2.12M | 0.33M | 7.76M | 6.73M | -1.66M | 3.62M | 1.41M | -5.19M | 3.47M | -1.34M | -1.36M | 1.33M | 0.44M | ||||||||||||
| Net income details | ||||||||||||||||||||||||||||||||
| EBT | 28.08M | -21.80M | 19.11M | -6.33M | -6.35M | -0.22M | 4.98M | 3.63M | 12.34M | 17.88M | 15.97M | -0.19M | 16.99M | 6.23M | 20.83M | 37.72M | 39.14M | 49.07M | 65.11M | 54.13M | ||||||||||||
| Tax ProvisionsTaxes | 0.30M | 1.41M | 0.95M | 0.47M | -0.66M | -1.72M | -2.38M | -4.32M | -4.58M | -2.59M | -1.50M | -4.53M | -3.49M | -2.91M | -9.49M | -8.55M | -7.50M | -11.15M | -8.76M | |||||||||||||
| Profit After TaxPAT | 21.06M | -21.51M | 20.52M | -0.07M | -5.88M | -0.89M | 3.26M | 1.25M | 8.02M | 13.30M | 13.37M | -1.69M | 12.46M | 2.74M | 17.92M | 28.23M | 30.59M | 41.57M | 53.96M | 45.37M | ||||||||||||
| Net Income - Minority | 0.06M | 0.11M | 0.25M | 0.39M | 0.54M | 0.15M | 0.31M | 0.47M | 0.63M | 0.16M | 0.13M | 0.13M | 0.53M | |||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | -20.88M | -0.27M | -7.43M | -0.08M | -0.50M | -0.05M | -0.02M | -0.02M | -0.45M | -0.02M | -0.00M | 0.00M | 0.02M | 0.01M | 0.01M | 0.01M | 0.01M | |||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | 28.08M | -22.10M | 17.70M | -7.29M | -6.83M | 0.44M | 6.70M | 6.01M | 16.65M | 22.46M | 18.56M | 1.31M | 21.52M | 9.72M | 23.73M | 47.20M | 47.68M | 56.57M | 76.26M | 62.89M | ||||||||||||
| Income from Discontinued OperationsIncome (Discontinued) | -7.02M | 0.30M | 1.41M | 0.95M | 0.47M | |||||||||||||||||||||||||||
| Preferred Dividend PaymentsPref Dividends | -0.06M | -0.11M | -0.14M | -0.14M | -0.15M | -0.15M | -0.15M | -0.16M | -0.16M | -0.16M | -0.13M | -0.13M | -0.12M | |||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | 21.06M | -21.80M | 19.11M | -6.33M | -6.35M | 0.44M | 6.70M | 6.01M | 16.65M | 22.46M | 18.56M | 1.31M | 21.52M | 9.72M | 23.73M | 47.20M | 47.68M | 56.57M | 76.26M | 62.89M | ||||||||||||
| Income towards Parent CompanyParent Net Inc | 0.01 | -21.80M | 19.11M | -6.33M | -6.35M | 0.04 | 6.06M | 0.00 | 0.10 | 0.10 | 0.00 | 0.09 | 0.03 | 0.12 | 0.17 | 0.20 | 0.24 | 0.31 | 0.26 | |||||||||||||
| Net Income towards Common StockholdersNet Income | 21.06M | -21.51M | 22.35M | -5.38M | -5.88M | -7.43M | 439.58M | 4.21M | 8.35M | 13.19M | 13.25M | 4.98M | 12.33M | 2.59M | 33.88M | 28.05M | 34.25M | 53.46M | 53.82M | 51.87M | ||||||||||||
| Additional items | ||||||||||||||||||||||||||||||||
| EPS (Basic) | 0.01 | -0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.19 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | ||||||||||||
| EPS (Diluted) | 0.01 | -0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.18 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | ||||||||||||
| Shares Outstanding | 2,128.13M | 2,165.36M | 2,258.28M | 2,205.19M | 2,279.26M | 2,293.79M | 2,298.89M | 2,295.15M | 2,312.97M | 2,317.69M | 2,330.22M | 2,325.34M | 2,342.47M | 2,348.45M | 2,362.53M | 2,404.64M | 2,634.97M | 2,649.85M | 2,656.88M | 2,651.61M | ||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 2,210.47M | 2,165.36M | 2,422.41M | 2,335.72M | 2,279.26M | 2,293.79M | 2,424.94M | 2,295.15M | 2,404.74M | 2,413.29M | 2,439.25M | 2,427.27M | 2,452.02M | 2,371.49M | 2,467.24M | 2,534.10M | 2,767.09M | 2,781.22M | 2,819.53M | 2,807.73M | ||||||||||||
| EBITDA | 22.55M | -26.64M | 14.93M | -10.16M | -10.00M | -3.75M | 0.68M | -3.56M | 3.93M | 7.46M | 3.84M | -16.19M | 2.20M | -7.35M | 5.13M | 20.98M | 24.09M | 31.73M | 43.17M | 35.10M | ||||||||||||
| Interest ExpensesInt Expense | -5.53M | -4.84M | -4.18M | -3.83M | -3.65M | -3.53M | -4.30M | -7.19M | -8.41M | -10.42M | -12.13M | -16.00M | -14.79M | -13.58M | -15.70M | -16.73M | -15.04M | -17.34M | -21.94M | -19.03M | ||||||||||||
| Tax Rate | -1.36 | 7.38 | -15.06 | -7.46 | 296.56 | -34.54 | -65.59 | -34.99 | -25.60 | -16.24 | 790.61 | -26.65 | -55.95 | -13.96 | -25.16 | -21.84 | -15.28 | -17.12 | -16.19 |