Tiger Brokers’ Parent Company Delivers $182 Million Q2 Revenue as Total Client Assets Hit $60.7 Billion
· Singapore’s trading volume jumped 92% year-over-year; Hong Kong order placements climbed 71%.
· HK IPO subscriptions reached an all-time high of $124 billion, surging 577% compared to the previous year.
UP Fintech Holding, the parent entity behind Tiger Brokers, posted record top-line revenue for the second quarter of 2026, driven by growth in retail client accounts, total asset holdings, and overall trading volume across key markets.
Revenue reached $182.3 million for the quarter ending June 30, marking a 31.4% expansion year-on-year and a 17.7% sequential rise. Non-GAAP net income belonging to shareholders landed at $42.8 million.
These financial metrics come on the heels of a challenging first quarter, during which UP Fintech registered a $26.9 million net loss following roughly $59.7 million in fines and confiscated profits levied by Chinese authorities over unlicensed cross-border brokerage operations. Despite those regulatory penalties, revenue during that initial quarter still grew 26.3% year-on-year to $154.9 million.
Singapore Trading Activity Soars at Tiger
The firm brought on 32,600 new funded user accounts over the course of the second quarter, pushing its global count to 1.3 million. Net capital inflows from worldwide retail investors topped $1.5 billion, driving aggregate client assets up 16.7% year-over-year to $60.7 billion.
Trading activity similarly accelerated across several core retail territories for Tiger Brokers. Within Singapore, overall trading volume advanced 92% year-on-year, while total order volume gained 46%. Active trading accounts expanded for the tenth straight quarter.
Singapore-based trading volume for US equities climbed 114% sequentially, whereas accounts actively trading US options grew 69% relative to the prior year.
Tiger Brokers Expands Product Suite, IPO Subscriptions Surge
Over in Hong Kong, active trading accounts rocketed 132% year-on-year, accompanied by a 70.9% increase in total order placements. Trading volume in US options surged 231%, alongside gains in US and Hong Kong cash equity volumes of 192% and 197%, respectively.
The platform also posted solid momentum within its Hong Kong cryptocurrency segment. Crypto assets held under custody climbed 84.8% year-over-year, while trading volume spiked 154.8%.
Tiger Brokers broadened its retail lineup throughout the three-month period. It brought global ETF access to Singapore, Australia, and New Zealand. Additionally, Singapore clients received access to fractional trading for local equities, alongside simplified single-step integration for CDP, SRS, and CPF accounts.
Furthermore, the broker introduced a fresh futures trading gateway across its licensed operating regions, while TigerAI broadened its market analytical coverage to encompass commodity, equity index, and FX futures.
Simultaneously, Hong Kong IPO subscription volume routed through the brokerage hit HK$968.8 billion ($124 billion), reflecting a 577% year-over-year jump and a 78% quarter-over-quarter gain.