UP Fintech Reports Record Q2 Revenue Growth and Expanding Client Assets

UP Fintech Achieves Unprecedented Q2 Performance

UP Fintech Holding Limited (NASDAQ: TIGR) has recently reported its unaudited financial results for the second quarter ending June 30, 2026, showcasing remarkable growth across various metrics. The brokerage firm's revenue soared to a record $182.3 million, reflecting a year-over-year increase of 31.4% and a quarter-over-quarter increase of 17.7%. Moreover, the company’s non-GAAP net income attributable to shareholders stood at $42.8 million, representing a significant 20% rise from the previous quarter.

Throughout the quarter, UP Fintech solidified its client base, adding 32,600 funded clients, thus raising the total number of funded accounts to an impressive 1.3 million—a 10.3% increase year-over-year. This surge is accompanied by net asset inflows exceeding $1.5 billion from global retail clients, which contributed to a total client asset valuation of $60.7 billion, growing 16.7% compared to the previous year.

Global Growth Strategy in Action

Founder and CEO, Mr. Wu Tianhua, attributed this impressive growth to UP Fintech's globally-oriented growth strategy, noting a broad expansion of client assets across all markets. Notably, client assets in Hong Kong surged nearly 30% quarter-over-quarter, while Australia and New Zealand saw similar growth of over 30%. The US market reported an incredible 50% growth, underscoring the trust and reliance global clients have in UP Fintech's innovative products and reliable services.

To cater to the increasing investment demands of its users, UP Fintech significantly expanded its product offerings. For instance, their international ETF coverage now extends to Singapore, while comprehensive upgrading initiatives have been enacted in the trading experience. Innovations such as one-click linking for various Singaporean accounts, fractional trading for locally-listed securities, and a rollout of new trading features in derivatives were all unveiled during the quarter. Moreover, the analytical tools provided by TigerAI have been enhanced to better equip investors in making informed decisions based on market insights.

Strong Performance in Singapore

The company has experienced a particularly robust performance in Singapore, where total trading volume and orders reached historic highs—up 92% and 46% respectively on a year-over-year basis. Active trading accounts marked a milestone by experiencing growth for the tenth successive quarter. The US stock trading volume notably elevated by 114% quarter-over-quarter, while US options trading accounts expanded by 69% year-over-year.

The launch of the Tiger BOSS Debit Card—Singapore's pioneering debit card that rewards spending with fractional shares—has also contributed to this growth. This product has gained notable traction, with card spending increasing by 37% year-over-year and a 22% growth in cardholders.

Robust Growth in Hong Kong

UP Fintech's operations in Hong Kong have witnessed remarkable advancement as well, characterized by a 132% year-on-year increase in total active trading accounts. Total orders escalated by nearly 70.9%, reflecting a growing user base and amplified trading activities. Additionally, the launch of US index options trading has further diversified the options available to clients, which in turn has substantially increased trading volumes in both US options and equity transactions. The cryptocurrency segment saw a noteworthy 84.8% increase in assets under custody and a 154.8% boost in trading volume from the previous year.

Recognizing these accomplishments, Tiger Brokers in Hong Kong was distinguished as the