UP Fintech (TIGR) Revenue & Revenue Breakdown


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UP Fintech Revenue Highlights


Latest Revenue (Y)

$272.51M

Latest Revenue (Q)

$78.95M

Main Segment (Y)

Interests Income

Main Geography (Y)

NEW ZEALAND

UP Fintech Revenue by Period


UP Fintech Revenue by Year

DateRevenueChange
2023-12-31$272.51M20.92%
2022-12-31$225.37M-14.79%
2021-12-31$264.49M90.97%
2020-12-31$138.50M136.09%
2019-12-31$58.66M74.80%
2018-12-31$33.56M98.01%
2017-12-31$16.95M209.53%
2016-12-31$5.48M-

UP Fintech generated $272.51M in revenue during NA 2023, up 20.92% compared to the previous quarter, and up 811.99% compared to the same period a year ago.

UP Fintech Revenue by Quarter

DateRevenueChange
2024-03-31$78.95M12.81%
2023-12-31$69.98M-0.24%
2023-09-30$70.15M6.19%
2023-06-30$66.05M-0.41%
2023-03-31$66.33M3.87%
2022-12-31$63.85M15.25%
2022-09-30$55.41M3.61%
2022-06-30$53.48M1.61%
2022-03-31$52.63M-15.38%
2021-12-31$62.19M2.32%
2021-09-30$60.78M0.91%
2021-06-30$60.23M-25.89%
2021-03-31$81.28M72.07%
2020-12-31$47.24M24.16%
2020-09-30$38.04M26.40%
2020-06-30$30.10M29.79%
2020-03-31$23.19M16.11%
2019-12-31$19.97M30.28%
2019-09-30$15.33M18.80%
2019-06-30$12.90M34.40%
2019-03-31$9.60M0.90%
2018-12-31$9.51M3.54%
2018-09-30$9.19M33.88%
2018-06-30$6.86M-14.16%
2018-03-31$8.00M-

UP Fintech generated $78.95M in revenue during Q1 2024, up 12.81% compared to the previous quarter, and up 123.64% compared to the same period a year ago.

UP Fintech Revenue Breakdown


UP Fintech Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Financing Service$12.18M$1.33M$9.27M$6.58M$7.93M
Product and Service, Other$18.44M$1.81M---
Interests Income$149.29M$4.80M$31.78M$31.75M$16.51M
Commissions$92.59M$4.00M$30.45M$35.56M$26.70M
Product And Service Other--$15.56M$22.54M$7.53M

UP Fintech's latest annual revenue breakdown by segment (product or service), as of Dec 23: Interests Income (54.78%), Commissions (33.98%), Product and Service, Other (6.77%), and Financing Service (4.47%).

UP Fintech Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23
CAYMAN ISLANDS$3.62M
UNITED STATES$71.92M
SINGAPORE$66.71M
Other Geographic Areas$12.93M
NEW ZEALAND$117.34M

UP Fintech's latest annual revenue breakdown by geography, as of Dec 23: NEW ZEALAND (43.06%), UNITED STATES (26.39%), SINGAPORE (24.48%), Other Geographic Areas (4.74%), and CAYMAN ISLANDS (1.33%).

UP Fintech Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
XPXP$15.06B$4.10B
RJFRaymond James Financial$14.92B$3.76B
FUTUFutu$9.10B$2.59B
JEFJefferies Financial Group$7.44B$2.60B
SFStifel Financial$5.16B$1.48B
TWTradeweb Markets$1.34B$448.92M
MARAMarathon Digital$387.51M$131.65M
CLSKCleanSpark$378.97M$104.11M
RIOTRiot Blockchain$280.68M$84.80M
TIGRUP Fintech$272.51M$78.95M
HUTHut 8 Mining$150.68M$48.18M
BITFBitfarms$149.05M$50.09M
BTBTBit Digital$44.92M$30.29M
TOPTOP Financial Group$9.70M$3.57M
NCPLNetcapital$4.95M$170.53K

TIGR Revenue FAQ


What is UP Fintech’s yearly revenue?

UP Fintech's yearly revenue for 2023 was $272.51M, representing an increase of 20.92% compared to 2022. The company's yearly revenue for 2022 was $225.37M, representing a decrease of -14.79% compared to 2021. TIGR's yearly revenue for 2021 was $264.49M, representing an increase of 90.97% compared to 2020.

What is UP Fintech’s quarterly revenue?

UP Fintech's quarterly revenue for Q1 2024 was $78.95M, a 12.81% increase from the previous quarter (Q4 2023), and a 19.03% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $69.98M, a -0.24% decrease from the previous quarter (Q3 2023), and a 9.59% increase year-over-year (Q4 2022). TIGR's quarterly revenue for Q3 2023 was $70.15M, a 6.19% increase from the previous quarter (Q2 2023), and a 26.60% increase year-over-year (Q3 2022).

What is UP Fintech’s revenue growth rate?

UP Fintech's revenue growth rate for the last 3 years (2021-2023) was 3.03%, and for the last 5 years (2019-2023) was 364.53%.

What are UP Fintech’s revenue streams?

UP Fintech's revenue streams in c 23 are Financing Service, Product and Service, Other, Interests Income, and Commissions. Financing Service generated $12.18M in revenue, accounting 4.47% of the company's total revenue, up 816.05% year-over-year. Product and Service, Other generated $18.44M in revenue, accounting 6.77% of the company's total revenue, up 921.77% year-over-year. Interests Income generated $149.29M in revenue, accounting 54.78% of the company's total revenue, up 3013.40% year-over-year. Commissions generated $92.59M in revenue, accounting 33.98% of the company's total revenue, up 2213.78% year-over-year.

What is UP Fintech’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of UP Fintech was Interests Income. This segment made a revenue of $149.29M, representing 54.78% of the company's total revenue.