Upstart Holdings, Inc. (UPST)

Upstart Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	513.56	842.44	848.59	233.42	164.19
Revenue Growth (YoY)	-39.04%	-0.72%	263.55%	42.16%	65.32%
Gross Profit	513.56	842.44	848.59	233.42	164.19
Selling, General & Admin	339.53	531.07	456.13	145.27	125.04
Research & Development	280.14	237.25	134	38.8	18.78
Other Operating Expenses	150.42	187.99	117.58	37.58	24.95
Operating Expenses	770.09	956.31	707.71	221.65	168.76
Operating Income	-256.53	-113.86	140.88	11.77	-4.58
Other Expense / Income	-16.5	-4.79	7.15	5.41	-4.18
Pretax Income	-240.03	-109.07	133.73	6.35	-0.39
Income Tax	0.11	-0.41	-1.71	0.37	0.07
Net Income	-240.13	-108.67	135.44	5.98	-0.47
Net Income Growth	-	-	2163.80%	-	-
Shares Outstanding (Basic)	84	83	78	18	14
Shares Outstanding (Diluted)	84	83	95	18	14
Shares Change	1.20%	-12.66%	441.14%	22.17%	1.47%
EPS (Basic)	-2.87	-1.31	1.73	-	-0.03
EPS (Diluted)	-2.87	-1.31	1.43	-	-0.03
Free Cash Flow	-172.58	-697.59	153.24	10.09	26.3
Free Cash Flow Per Share	-2.06	-8.43	1.96	0.58	1.83
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-49.95%	-13.52%	16.60%	5.04%	-2.79%
Profit Margin	-46.76%	-12.90%	15.96%	2.56%	-0.28%
Free Cash Flow Margin	-33.60%	-82.81%	18.06%	4.32%	16.02%
Effective Tax Rate	-	-	-1.28%	5.84%	-
EBITDA	-215.12	-95.56	141.27	8.63	0.38
EBITDA Margin	-41.89%	-11.34%	16.65%	3.70%	0.23%
Depreciation & Amortization	24.9	13.51	7.54	2.28	0.77
EBIT	-240.03	-109.07	133.73	6.35	-0.39
EBIT Margin	-46.74%	-12.95%	15.76%	2.72%	-0.24%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).