Tiger Brokers Q1 Revenue Up 26.3% Year-on-Year, Reports Net Loss of Approximately $26.9 Million

Cointime2026/06/02 09:41

By:Cointime

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

On June 2, Tiger Brokers announced its unaudited financial data for the first quarter, reporting revenue of $155 million, a year-on-year increase of 26.3%. Operating profit was $47.55 million, up 17.5% year-on-year, with a stable operating profit margin of 34.8%. The net loss attributable to the company for the first quarter was approximately $26.9 million, with a non-GAAP net loss of about $23.8 million, compared to net profits of $30.4 million and $36 million in the same period last year. This decline was primarily due to the inclusion of approximately $41.1 million in regulatory fines. Given the company's overall profitability and cash flow situation, this one-time expense is not expected to have a significant adverse impact on the company's business operations or long-term development. In the first quarter, Tiger Brokers added 29,000 new depositing clients, driving a year-on-year increase of 11.3% in total depositing clients to 1.283 million. The company's business activity continued to improve, with total transaction volume increasing by 49% year-on-year to $323.9 billion; net deposits maintained strong growth, reaching $2.9 billion, which propelled total client assets to grow by 28.4% year-on-year to $58.9 billion.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Q&A: Bitcoin Funds Are Expanding. HANetf's Co-CEO Explains Why Last week, London-based HANetf, an exchange-traded fund provider, launched the world's first euro-hedged bitcoin ETC-noting a shift in demand among its European client base. ---- Global Bond Turmoil Reveals the Surprising Resilience of Emerging Markets "It's very clear that EM is behaving differently than in the past, and EM is holding up better than expected." ---- U.K. Regulators Ready Green Light for $4 Billion ATM Tie-Up Between Brink's, NCR Atleos Authorities said the offer to sell off some parts of Brink's business should address concerns over the ATM operator's planned acquisition of its rival. ---- Choosing the Right Bond Strategy for Today's High-Yield World Before chasing higher rates, bond buyers have to figure out what type of investor they actually are. ---- Fed's Waller Sees Multiple Rate Increases Ahead to Cool Inflation In prepared remarks at the Istanbul Economic Forum, Christopher Waller said the economic data underscoring the need for interest-rate increases hasn't shifted much. ---- Financial Services Roundup: Market Talk Find insight on ABN Amro Bank, Standard Life and more in the latest Market Talks covering financial services. ---- Wells Fargo Faces Regulator Probe Over Efforts to Boost Black Homeownership Trump's Housing and Urban Development is seeking to crack down on race-based lending, calling it a potential violation of the Fair Housing Act. ---- Ripple, Crypto's Payments Giant, Breaks Into Wall Street The crypto firm is emerging as a serious player in financing leveraged ETFs, a lucrative business long dominated by big banks. ---- Venture Firm Behind Chip Startup Groq Targets $10 Billion Megafund Winning bets on hot AI startups are vaulting a little-known Dallas firm into a small group of firms raising gigantic funds. ---- How one trend-following fund outperformed rivals by bringing humans back into the decision-making process One trend-following fund has outperformed rivals this year by deciding to take profits. ---- Wal

Dow Jones•2026/10/08 15:00