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UP Fintech Reports All-Time Revenue and Profitability Turn in Q2 2026

Aug 26, 2026, 4:03 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Strong revenue growth, profitability turnaround, and ongoing buyback signal improving fundamentals; new product initiatives expand TAM and monetization; negative cash balance swing noted but overall cash remains robust vs peers.

AI summary

What happened, with direct paths to the underlying reporting

UP Fintech posted Q2 2026 revenue of $182.3M, up 31.4% YoY and 17.7% QoQ, with GAAP net income of $39.4M and non-GAAP $42.8M. Funded accounts rose to 1.315M and client assets reached $60.7B, signaling robust international expansion and new product uptake, including Singapore fractional shares and HK Cboe options. The company also repurchased about $5M of ADSs under its 12-month buyback plan, underscoring management confidence.

Q2 2026 revenue $182.3M, up 31.4% YoY and 17.7% QoQ.
GAAP net income $39.4M; non-GAAP $42.8M; prior quarter losses reversed.
Funded accounts 1,315.4k; client assets $60.7B; overseas growth solid.
Singapore fractional trading launched; Cboe index options in Hong Kong.
ADS buybacks ~US$5M under 12-month plan; management open to more.

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