Upstart Holdings, Inc.
NASDAQ:UPST
73.75 (USD) • At close July 3, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 220.391 | 211.27 | 162.14 | 127.63 | 127.794 | 134.869 | 134.557 | 135.766 | 102.927 | 142.229 | 157.233 | 228.162 | 310.136 | 303.679 | 228.45 | 193.946 | 121.345 | 77.663 | 62.771 | 17.335 | 64.283 | 63.791 | 49.487 |
| Cost of Revenue
| 7.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.689 |
| Gross Profit
| 213.371 | 211.27 | 162.14 | 127.63 | 127.794 | 134.869 | 134.557 | 135.766 | 102.927 | 142.229 | 157.233 | 228.162 | 310.136 | 303.679 | 228.45 | 193.946 | 121.345 | 77.663 | 62.771 | 17.335 | 64.283 | 63.791 | 42.798 |
| Gross Profit Ratio
| 0.968 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0.865 |
| Reseach & Development Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.063 |
| General & Administrative Expenses
| 101.059 | 101.029 | 99.176 | 91.705 | 97.021 | 91.889 | 90.419 | 87.245 | 93.253 | 90.629 | 92.78 | 98.012 | 91.863 | 81.887 | 69.42 | 50.288 | 37.407 | 27.62 | 19.461 | 15.638 | 20.471 | 19.82 | 8.418 |
| Selling & Marketing Expenses
| 58.97 | 55.463 | 43.229 | 32.958 | 35.15 | 38.772 | 33.042 | 23.891 | 31.438 | 50.753 | 56.362 | 105.212 | 133.449 | 114.815 | 93.346 | 75.916 | 49.376 | 34.546 | 23.725 | 5.436 | 35.952 | 31.939 | 27.329 |
| SG&A
| 160.029 | 156.492 | 142.405 | 124.663 | 132.171 | 130.661 | 123.461 | 111.136 | 124.691 | 141.382 | 149.142 | 203.224 | 225.312 | 196.702 | 162.766 | 126.204 | 86.783 | 62.166 | 43.186 | 21.074 | 56.423 | 51.759 | 35.747 |
| Other Expenses
| 55.76 | 57.422 | 26.448 | 57.422 | 60.207 | 46.543 | 51.401 | 52.777 | 107.474 | 56.574 | 64.302 | 54.785 | 52.113 | 47.71 | 37.839 | 31.446 | 24.239 | 14.099 | 9.916 | 2.37 | 6.868 | 7.093 | 0 |
| Operating Expenses
| 215.789 | 213.914 | 168.853 | 182.085 | 192.378 | 177.204 | 174.862 | 163.913 | 232.165 | 197.956 | 213.444 | 258.009 | 277.425 | 244.412 | 200.605 | 157.65 | 111.022 | 76.265 | 53.102 | 23.444 | 63.291 | 58.852 | 43.003 |
| Operating Income
| -2.418 | -4.75 | -45.152 | -55.486 | -67.468 | -47.501 | -43.845 | -33.344 | -131.835 | -58.498 | -58.091 | -32.107 | 34.833 | 60.414 | 28.599 | 36.294 | 15.574 | 10.393 | 12.207 | -11.388 | 0.553 | 3.516 | 1.988 |
| Operating Income Ratio
| -0.011 | -0.022 | -0.278 | -0.435 | -0.528 | -0.352 | -0.326 | -0.246 | -1.281 | -0.411 | -0.369 | -0.141 | 0.112 | 0.199 | 0.125 | 0.187 | 0.128 | 0.134 | 0.194 | -0.657 | 0.009 | 0.055 | 0.04 |
| Total Other Income Expenses Net
| 0 | 2.106 | 38.439 | 1.031 | 2.884 | 5.166 | 3.54 | 5.197 | 2.597 | 2.771 | 1.88 | 2.26 | -2.122 | -1.147 | -0.754 | 0.002 | -5.251 | -8.995 | -2.538 | 5.279 | 0.439 | 1.423 | -2.193 |
| Income Before Tax
| -2.418 | -2.644 | -6.713 | -54.455 | -64.584 | -42.335 | -40.305 | -28.147 | -129.238 | -55.727 | -56.211 | -29.847 | 32.711 | 59.267 | 27.845 | 36.296 | 10.323 | 1.398 | 9.669 | -6.109 | 0.992 | 4.939 | -0.205 |
| Income Before Tax Ratio
| -0.011 | -0.013 | -0.041 | -0.427 | -0.505 | -0.314 | -0.3 | -0.207 | -1.256 | -0.392 | -0.358 | -0.131 | 0.105 | 0.195 | 0.122 | 0.187 | 0.085 | 0.018 | 0.154 | -0.352 | 0.015 | 0.077 | -0.004 |
| Income Tax Expense
| 0.029 | 0.111 | 0.045 | 0.015 | 0.014 | 0.063 | 0.01 | 0.018 | 0.016 | -0.464 | 0.012 | 0.024 | 0.019 | 0.323 | -1.268 | -0.988 | 0.221 | 0.371 | 0 | 0 | 0 | 0.074 | 0.117 |
| Net Income
| -2.447 | -2.755 | -6.758 | -54.47 | -64.598 | -42.398 | -40.315 | -28.165 | -129.254 | -55.263 | -56.223 | -29.871 | 32.692 | 58.944 | 29.113 | 37.284 | 10.102 | 1.027 | 9.669 | -6.193 | 1.48 | 6.051 | -0.322 |
| Net Income Ratio
| -0.011 | -0.013 | -0.042 | -0.427 | -0.505 | -0.314 | -0.3 | -0.207 | -1.256 | -0.389 | -0.358 | -0.131 | 0.105 | 0.194 | 0.127 | 0.192 | 0.083 | 0.013 | 0.154 | -0.357 | 0.023 | 0.095 | -0.007 |
| EPS
| -0.03 | -0.03 | -0.075 | -0.62 | -0.74 | -0.5 | -0.48 | -0.34 | -1.58 | -0.67 | -0.69 | -0.36 | 0.34 | 0.71 | 0.37 | 0.49 | 0.14 | 0.04 | 0.12 | -0.28 | 0.1 | 0.42 | -0.023 |
| EPS Diluted
| -0.03 | -0.03 | -0.075 | -0.62 | -0.74 | -0.5 | -0.48 | -0.34 | -1.58 | -0.67 | -0.69 | -0.36 | 0.34 | 0.6 | 0.3 | 0.39 | 0.11 | 0.04 | 0.099 | -0.22 | 0.1 | 0.42 | -0.023 |
| EBITDA
| 3.982 | 7.38 | -28.944 | -39.188 | -51.122 | -24.332 | -29.497 | -24.637 | -118.262 | -50.323 | -51.317 | -26.44 | 38.573 | 63.449 | 31.053 | 39.791 | 17.42 | 12.114 | 14.226 | -8.594 | 4.323 | 8.323 | 2.096 |
| EBITDA Ratio
| 0.018 | 0.035 | -0.179 | -0.307 | -0.4 | -0.18 | -0.219 | -0.181 | -1.149 | -0.354 | -0.326 | -0.116 | 0.124 | 0.209 | 0.136 | 0.205 | 0.144 | 0.156 | 0.227 | -0.496 | 0.067 | 0.13 | 0.042 |