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Side-by-side financial comparison of Robinhood Markets, Inc. (HOOD) and UP Fintech Holding Ltd (TIGR). Click either name above to swap in a different company.

Robinhood Markets, Inc. is the larger business by last-quarter revenue ($1.3B vs $107.6M, roughly 11.9× UP Fintech Holding Ltd). Robinhood Markets, Inc. runs the higher net margin — 47.2% vs 28.4%, a 18.7% gap on every dollar of revenue.

Robinhood Markets, Inc. is an American financial services company based in Menlo Park, California. It provides an electronic trading platform that facilitates trades of stocks, exchange-traded funds, options, index options, futures contracts, event contracts on prediction markets, and cryptocurrency. It also offers cryptocurrency wallets, wealth management, credit cards and other banking services, some in partnership with banks insured by the FDIC, as well as a news website, Sherwood.News.

UP Fintech Holding Limited, operating under the Tiger Brokers brand, provides online financial services for global Chinese investors. It offers cross-market stock trading (US, Hong Kong, mainland China A-shares), fund management, margin financing and investor education for retail and institutional clients.

HOOD vs TIGR — Head-to-Head

Bigger by revenue
HOOD
HOOD
11.9× larger
HOOD
$1.3B
$107.6M
TIGR
Higher net margin
HOOD
HOOD
18.7% more per $
HOOD
47.2%
28.4%
TIGR

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
HOOD
HOOD
TIGR
TIGR
Revenue
$1.3B
$107.6M
Net Profit
$605.0M
$30.6M
Gross Margin
Operating Margin
51.5%
Net Margin
47.2%
28.4%
Revenue YoY
26.5%
Net Profit YoY
-34.0%
EPS (diluted)
$0.65
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HOOD
HOOD
TIGR
TIGR
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$989.0M
Q1 25
$927.0M
$107.6M
Q4 24
$1.0B
Q3 24
$637.0M
Q2 24
$682.0M
$166.4M
Q1 24
$618.0M
Net Profit
HOOD
HOOD
TIGR
TIGR
Q4 25
$605.0M
Q3 25
$556.0M
Q2 25
$386.0M
Q1 25
$336.0M
$30.6M
Q4 24
$916.0M
Q3 24
$150.0M
Q2 24
$188.0M
$15.2M
Q1 24
$157.0M
Operating Margin
HOOD
HOOD
TIGR
TIGR
Q4 25
51.5%
Q3 25
49.8%
Q2 25
44.7%
Q1 25
40.0%
Q4 24
55.0%
Q3 24
24.0%
Q2 24
28.0%
14.0%
Q1 24
26.2%
Net Margin
HOOD
HOOD
TIGR
TIGR
Q4 25
47.2%
Q3 25
43.6%
Q2 25
39.0%
Q1 25
36.2%
28.4%
Q4 24
90.3%
Q3 24
23.5%
Q2 24
27.6%
9.1%
Q1 24
25.4%
EPS (diluted)
HOOD
HOOD
TIGR
TIGR
Q4 25
$0.65
Q3 25
$0.61
Q2 25
$0.42
Q1 25
$0.37
$0.01
Q4 24
$1.00
Q3 24
$0.17
Q2 24
$0.21
$0.01
Q1 24
$0.18

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HOOD
HOOD
TIGR
TIGR
Cash + ST InvestmentsLiquidity on hand
$4.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$9.2B
Total Assets
$38.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HOOD
HOOD
TIGR
TIGR
Q4 25
$4.3B
Q3 25
$4.3B
Q2 25
$4.2B
Q1 25
$4.4B
Q4 24
$4.3B
Q3 24
$4.6B
Q2 24
$4.5B
$392.5M
Q1 24
$4.7B
Stockholders' Equity
HOOD
HOOD
TIGR
TIGR
Q4 25
$9.2B
Q3 25
$8.6B
Q2 25
$8.1B
Q1 25
$8.0B
Q4 24
$8.0B
Q3 24
$7.2B
Q2 24
$7.1B
$501.2M
Q1 24
$6.9B
Total Assets
HOOD
HOOD
TIGR
TIGR
Q4 25
$38.1B
Q3 25
$41.5B
Q2 25
$35.3B
Q1 25
$27.5B
Q4 24
$26.2B
Q3 24
$43.2B
Q2 24
$41.3B
$4.8B
Q1 24
$46.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HOOD
HOOD
TIGR
TIGR
Operating Cash FlowLast quarter
$-937.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-1.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HOOD
HOOD
TIGR
TIGR
Q4 25
$-937.0M
Q3 25
$-1.6B
Q2 25
$3.5B
Q1 25
$642.0M
Q4 24
$-1.4B
Q3 24
$1.8B
Q2 24
$54.0M
$155.1M
Q1 24
$-623.0M
Free Cash Flow
HOOD
HOOD
TIGR
TIGR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$153.8M
Q1 24
FCF Margin
HOOD
HOOD
TIGR
TIGR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
92.4%
Q1 24
Capex Intensity
HOOD
HOOD
TIGR
TIGR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.8%
Q1 24
Cash Conversion
HOOD
HOOD
TIGR
TIGR
Q4 25
-1.55×
Q3 25
-2.83×
Q2 25
9.09×
Q1 25
1.91×
Q4 24
-1.53×
Q3 24
12.08×
Q2 24
0.29×
10.20×
Q1 24
-3.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HOOD
HOOD

Other$365.0M28%
Options$314.0M24%
Cryptocurrencies$221.0M17%
Other Transaction Based Revenues$147.0M11%
Financial Service Other$96.0M7%
Equities$94.0M7%
Other Revenue$35.0M3%
Proxy Revenues$11.0M1%

TIGR
TIGR

Segment breakdown not available.

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