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Side-by-side financial comparison of Target Hospitality Corp. (TH) and UP Fintech Holding Ltd (TIGR). Click either name above to swap in a different company.

UP Fintech Holding Ltd is the larger business by last-quarter revenue ($107.6M vs $73.5M, roughly 1.5× Target Hospitality Corp.). UP Fintech Holding Ltd runs the higher net margin — 28.4% vs -20.3%, a 48.8% gap on every dollar of revenue.

Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.

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.

TH vs TIGR — Head-to-Head

Bigger by revenue
TIGR
TIGR
1.5× larger
TIGR
$107.6M
$73.5M
TH
Higher net margin
TIGR
TIGR
48.8% more per $
TIGR
28.4%
-20.3%
TH

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
TH
TH
TIGR
TIGR
Revenue
$73.5M
$107.6M
Net Profit
$-14.9M
$30.6M
Gross Margin
9.6%
Operating Margin
-22.9%
Net Margin
-20.3%
28.4%
Revenue YoY
22.0%
Net Profit YoY
-219.1%
EPS (diluted)
$-0.14
$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
TH
TH
TIGR
TIGR
Q4 25
$73.5M
Q3 25
$91.6M
Q2 25
$54.9M
Q1 25
$54.9M
$107.6M
Q4 24
$60.2M
Q3 24
$65.8M
Q2 24
$67.5M
$166.4M
Q1 24
$72.4M
Net Profit
TH
TH
TIGR
TIGR
Q4 25
$-14.9M
Q3 25
$-795.0K
Q2 25
$-14.9M
Q1 25
$-6.5M
$30.6M
Q4 24
$12.5M
Q3 24
$20.0M
Q2 24
$18.4M
$15.2M
Q1 24
$20.4M
Gross Margin
TH
TH
TIGR
TIGR
Q4 25
9.6%
Q3 25
19.6%
Q2 25
-0.6%
Q1 25
32.7%
Q4 24
61.5%
Q3 24
68.7%
Q2 24
69.4%
Q1 24
67.8%
Operating Margin
TH
TH
TIGR
TIGR
Q4 25
-22.9%
Q3 25
0.1%
Q2 25
-30.8%
Q1 25
-2.0%
Q4 24
34.5%
Q3 24
42.5%
Q2 24
43.8%
14.0%
Q1 24
42.0%
Net Margin
TH
TH
TIGR
TIGR
Q4 25
-20.3%
Q3 25
-0.9%
Q2 25
-27.2%
Q1 25
-11.8%
28.4%
Q4 24
20.8%
Q3 24
30.4%
Q2 24
27.2%
9.1%
Q1 24
28.2%
EPS (diluted)
TH
TH
TIGR
TIGR
Q4 25
$-0.14
Q3 25
$-0.01
Q2 25
$-0.15
Q1 25
$-0.07
$0.01
Q4 24
$0.12
Q3 24
$0.20
Q2 24
$0.18
$0.01
Q1 24
$0.20

Balance Sheet & Financial Strength

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

Metric
TH
TH
TIGR
TIGR
Cash + ST InvestmentsLiquidity on hand
$8.3M
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$389.3M
Total Assets
$530.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TH
TH
TIGR
TIGR
Q4 25
$8.3M
Q3 25
$30.4M
Q2 25
$19.2M
Q1 25
$34.5M
Q4 24
$190.7M
Q3 24
$177.7M
Q2 24
$154.3M
$392.5M
Q1 24
$124.3M
Total Debt
TH
TH
TIGR
TIGR
Q4 25
$1.7M
Q3 25
$2.0M
Q2 25
$26.3M
Q1 25
$42.9M
Q4 24
$1.5M
Q3 24
$994.0K
Q2 24
$1.1M
Q1 24
$179.9M
Stockholders' Equity
TH
TH
TIGR
TIGR
Q4 25
$389.3M
Q3 25
$402.4M
Q2 25
$401.3M
Q1 25
$415.3M
Q4 24
$421.1M
Q3 24
$417.6M
Q2 24
$397.2M
$501.2M
Q1 24
$375.5M
Total Assets
TH
TH
TIGR
TIGR
Q4 25
$530.2M
Q3 25
$541.2M
Q2 25
$533.7M
Q1 25
$562.5M
Q4 24
$725.8M
Q3 24
$709.8M
Q2 24
$697.0M
$4.8B
Q1 24
$687.2M
Debt / Equity
TH
TH
TIGR
TIGR
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.07×
Q1 25
0.10×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.48×

Cash Flow & Capital Efficiency

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

Metric
TH
TH
TIGR
TIGR
Operating Cash FlowLast quarter
$5.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TH
TH
TIGR
TIGR
Q4 25
$5.7M
Q3 25
$53.4M
Q2 25
$11.1M
Q1 25
$3.9M
Q4 24
$30.6M
Q3 24
$31.4M
Q2 24
$39.1M
$155.1M
Q1 24
$50.6M
Free Cash Flow
TH
TH
TIGR
TIGR
Q4 25
Q3 25
Q2 25
Q1 25
$-11.6M
Q4 24
Q3 24
Q2 24
$153.8M
Q1 24
FCF Margin
TH
TH
TIGR
TIGR
Q4 25
Q3 25
Q2 25
Q1 25
-21.1%
Q4 24
Q3 24
Q2 24
92.4%
Q1 24
Capex Intensity
TH
TH
TIGR
TIGR
Q4 25
Q3 25
Q2 25
Q1 25
28.2%
Q4 24
Q3 24
Q2 24
0.8%
Q1 24
Cash Conversion
TH
TH
TIGR
TIGR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
2.44×
Q3 24
1.57×
Q2 24
2.13×
10.20×
Q1 24
2.48×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TH
TH

Services$40.9M56%
Hospitality And Facilities Services South$32.6M44%

TIGR
TIGR

Segment breakdown not available.

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