Upstart Holdings, Inc. (UPST)
NASDAQ: UPST · Real-Time Price · USD
22.19
+0.30 (1.37%)
Nov 9, 2026, 2:01 PM EST - Market open
Upstart Holdings Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 1,254 | 950.01 | 635.47 | 560.43 | 907.27 | 801.28 |
Other Revenue | 129.06 | 125.51 | 41.5 | -11.98 | -53.99 | 50.59 |
| 1,383 | 1,076 | 676.96 | 548.46 | 853.29 | 851.86 | |
Revenue Growth | 38.65% | 58.88% | 23.43% | -35.72% | 0.17% | 252.82% |
Cost of Revenue | 231.59 | 188.38 | 158 | 150.42 | 187.99 | 117.58 |
Gross Profit | 1,152 | 887.14 | 518.97 | 398.04 | 665.29 | 734.28 |
Selling, General & Admin | 712.37 | 555.25 | 397.74 | 339.53 | 531.07 | 454.89 |
Research & Development | 333.54 | 257.6 | 253.65 | 280.14 | 237.25 | 134 |
Operating Expenses | 1,046 | 812.85 | 651.39 | 619.67 | 768.31 | 588.89 |
Operating Income | 105.9 | 74.3 | -132.42 | -221.63 | -103.02 | 145.39 |
Interest Expense | -43.86 | -31.66 | -43.63 | -37.99 | -13.84 | -4.67 |
Interest & Investment Income | 24.32 | 24.32 | 18.79 | 21.21 | 9.47 | - |
Other Non Operating Income (Expenses) | -19.37 | -19.87 | -4.49 | -1.61 | -1.68 | -5.75 |
EBT Excluding Unusual Items | 67 | 47.08 | -161.76 | -240.03 | -109.07 | 134.97 |
Merger & Restructuring Charges | - | - | - | - | - | -1.24 |
Other Unusual Items | - | 7.25 | 33.36 | - | - | - |
Pretax Income | 67 | 54.33 | -128.4 | -240.03 | -109.07 | 133.73 |
Income Tax Expense | 1.89 | 0.73 | 0.19 | 0.11 | -0.41 | -1.71 |
Earnings From Continuing Operations | 65.11 | 53.6 | -128.58 | -240.13 | -108.67 | 135.44 |
Net Income | 65.11 | 53.6 | -128.58 | -240.13 | -108.67 | 135.44 |
Net Income to Common | 65.11 | 53.6 | -128.58 | -240.13 | -108.67 | 135.44 |
Net Income Growth | 102.13% | - | - | - | - | - |
Shares Outstanding (Basic) | 97 | 96 | 89 | 84 | 83 | 78 |
Shares Outstanding (Diluted) | 110 | 107 | 89 | 84 | 83 | 95 |
Shares Change | 7.74% | 20.17% | 6.79% | 1.20% | -12.66% | 441.13% |
EPS (Basic) | 0.67 | 0.56 | -1.44 | -2.87 | -1.31 | 1.73 |
EPS (Diluted) | 0.61 | 0.45 | -1.44 | -2.87 | -1.31 | 1.43 |
EPS Growth | 138.00% | - | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -186.96 | -148.07 | 185.49 | -113.24 | -666.69 | 159.93 |
Free Cash Flow Per Share | -1.69 | -1.38 | 2.07 | -1.35 | -8.05 | 1.69 |
Gross Margin | 83.26% | 82.48% | 76.66% | 72.57% | 77.97% | 86.20% |
Operating Margin | 7.66% | 6.91% | -19.56% | -40.41% | -12.07% | 17.07% |
Profit Margin | 4.71% | 4.98% | -18.99% | -43.78% | -12.73% | 15.90% |
Free Cash Flow Margin | -13.51% | -13.77% | 27.40% | -20.65% | -78.13% | 18.77% |
EBITDA | 131.46 | 99.13 | -111.87 | -196.73 | -89.51 | 152.93 |
EBITDA Margin | 9.50% | 9.22% | -16.53% | -35.87% | -10.49% | 17.95% |
D&A For EBITDA | 25.56 | 24.84 | 20.55 | 24.9 | 13.51 | 7.54 |
EBIT | 105.9 | 74.3 | -132.42 | -221.63 | -103.02 | 145.39 |
EBIT Margin | 7.66% | 6.91% | -19.56% | -40.41% | -12.07% | 17.07% |
Effective Tax Rate | 2.82% | 1.34% | - | - | - | - |
Revenue as Reported | 1,044 | 1,044 | 636.53 | 513.56 | 842.44 | 848.59 |