Loading...
•
Sep 30, 2025
UP Fintech Q3 2025 Earnings Report
UP Fintech reported a strong Q3 with record revenues and net income, driven by growth in commissions and interest income.
Key Takeaways
UP Fintech delivered robust Q3 2025 results with total revenue of $175.2 million and net income of $53.8 million. High ARPU and asset inflows from key markets like Singapore and Hong Kong contributed to record highs in customer deposits and account balances.
Revenue reached a record $175.2 million, up significantly from the prior year.
Net income more than tripled year-over-year to $53.8 million.
Client asset balances rose to a record $61 billion, up 49.7% YoY.
Singapore and Hong Kong led new funded client growth, each contributing about 40%.
Revenue by Segment
Forward Guidance
UP Fintech did not issue specific numeric forward guidance, but emphasized continued customer acquisition, product innovation, and market expansion as key growth levers.
Positive Outlook
- Reached annual target of 150,000 new funded customers ahead of schedule.
- Client assets in Singapore and Hong Kong grew ~20% and ~60% QoQ respectively.
- TradingFront AI launched to enhance wealth management advisory services.
- Digital asset trading launched in New Zealand.
- Record average net asset inflow per new client at over $32,000.
Challenges Ahead
- Financing service fees slightly decreased YoY due to lower interest rates.
- Marketing and branding costs rose significantly (+56.7% YoY).
- Employee compensation expenses increased due to headcount growth.
- Communication and market data costs increased due to IT service fees.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...