UP Fintech reported $121.4M in net revenue and $41.4M in net income for Q2 2025, supported by increased user activity, asset inflows, and expansion across markets.
UP Fintech delivered a solid Q1 2025 performance with total revenue reaching $122.6 million, up 55.3% year-over-year. Net income rose sharply to $30.4 million, supported by gains in commissions and interest income. Customer metrics also improved significantly, with new deposit customers and account balances hitting record highs.
In Q4 2024, UP Fintech achieved record total revenue of $124.1 million, marking a 77.3% increase year-over-year. The company reported a net income of $28.05 million, reversing a net loss from the same period last year. Non-GAAP net income reached $30.47 million, representing a remarkable year-over-year growth. The quarter was supported by increased trading volume, higher commissions, and strong interest income.