Upstart Holdings, Inc. (UPST) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0 | 276.22M | 277.11M | 257.29M | 213.37M | 211.27M | 162.14M | 127.63M | 127.79M | 134.87M | 134.56M | 135.77M | 102.93M | 142.23M | 157.23M | 228.16M | 310.14M | 303.68M | 228.45M | 193.95M |
| Gross Margin % | - | 90.81% | 96.92% | 97.07% | 96.81% | 93.32% | 93.75% | 91.75% | 92.26% | 90.56% | 93.46% | 96.94% | 93.52% | 96.92% | 98.1% | 99% | 99.69% | 99.84% | 99.88% | 99.23% |
| Gross Profit Growth % | -100% | 30.74% | 70.9% | 101.59% | 66.96% | 56.65% | 20.5% | -5.99% | 24.16% | -5.17% | -14.42% | -40.5% | -66.81% | -53.16% | -31.17% | 17.64% | 155.58% | 291.02% | - | - |
| Operating Expenses | 315.73M | 257.06M | 245.18M | 251.63M | 215.79M | 213.91M | 168.85M | 182.09M | 192.38M | 177.2M | 174.86M | 163.91M | 232.16M | 197.96M | 213.44M | 258.01M | 277.43M | 244.41M | 200.6M | 157.65M |
| OpEx % of Revenue | 102.44% | 84.51% | 85.76% | 94.93% | 97.91% | 94.49% | 97.63% | 130.9% | 138.89% | 118.98% | 121.46% | 117.04% | 210.95% | 134.89% | 133.17% | 111.95% | 89.18% | 80.36% | 87.71% | 80.66% |
| Selling, General & Admin | 180.53M | 210.26M | 189.41M | 183.92M | 160.03M | 156.49M | 142.41M | 124.66M | 132.17M | 130.66M | 123.46M | 111.14M | 124.69M | 141.38M | 149.14M | 203.22M | 225.31M | 196.7M | 162.77M | 126.2M |
| SG&A % of Revenue | 58.57% | 69.13% | 66.25% | 69.39% | 72.61% | 69.12% | 82.34% | 89.62% | 95.42% | 87.73% | 85.75% | 79.36% | 113.29% | 96.34% | 93.05% | 88.18% | 72.43% | 64.67% | 71.16% | 64.57% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | -7.52M | 19.16M | 31.93M | 5.66M | -2.42M | -2.64M | -6.71M | -54.45M | -64.58M | -42.34M | -40.3M | -28.15M | -129.24M | -55.73M | -56.21M | -29.85M | 32.71M | 59.27M | 27.84M | 36.3M |
| Operating Margin % | -2.44% | 6.3% | 11.17% | 2.13% | -1.1% | -1.17% | -3.88% | -39.15% | -46.63% | -28.43% | -28% | -20.1% | -117.43% | -37.97% | -35.07% | -12.95% | 10.51% | 19.49% | 12.17% | 18.57% |
| Operating Income Growth % | -210.92% | 824.74% | 575.63% | 110.39% | 96.26% | 93.75% | 83.34% | -93.47% | 50.03% | 24.03% | 28.3% | 5.7% | -495.09% | -194.03% | -301.87% | -182.23% | 216.87% | 4139.41% | - | - |
| EBITDA | -7.52M | 25.62M | 38.06M | 11.5M | 3.98M | 2.06M | -1.32M | -49.63M | -58.95M | -33.23M | -35.37M | -23.72M | -122.8M | -52.07M | -52.49M | -26.49M | 35.49M | 61.82M | 30.03M | 38.28M |
| EBITDA Margin % | -2.44% | 8.42% | 13.31% | 4.34% | 1.81% | 0.91% | -0.76% | -35.68% | -42.56% | -22.31% | -24.57% | -16.94% | -111.57% | -35.48% | -32.75% | -11.49% | 11.41% | 20.33% | 13.13% | 19.59% |
| EBITDA Growth % | -288.8% | 1146.86% | 2976.8% | 123.17% | 106.75% | 106.18% | 96.26% | -109.2% | 51.99% | 36.18% | 32.61% | 10.46% | -445.99% | -184.23% | -274.78% | -169.21% | 218.63% | 2923.18% | - | - |
| D&A (Non-Cash Add-back) | 0 | 6.46M | 6.13M | 5.84M | 6.4M | 4.7M | 5.39M | 4.83M | 5.63M | 9.1M | 4.93M | 4.42M | 6.44M | 3.65M | 3.72M | 3.35M | 2.78M | 2.56M | 2.19M | 1.98M |
| EBIT | 0 | 19.16M | 31.93M | 5.66M | -2.42M | -2.64M | -6.71M | -54.45M | -64.58M | -42.34M | -40.3M | -28.15M | -129.24M | -55.73M | -56.21M | -29.85M | 32.71M | 59.27M | 27.84M | 36.3M |
| Net Interest Income | 0 | 32.89M | 48.41M | 37.85M | 33.55M | 26.34M | 30.03M | 41.41M | 40.46M | 38.01M | 28.28M | 29.63M | 38.18M | 34.77M | 19.13M | 26.66M | 14.18M | 8.14M | 4.8M | 2.05M |
| Interest Income | 0 | 60.84M | 57.2M | 45.62M | 40.57M | 41.46M | 40.84M | 52.88M | 51.17M | 52.07M | 37.69M | 33.92M | 45.31M | 39.29M | 22.18M | 28.97M | 15.13M | 8.61M | 5.07M | 3.54M |
| Interest Expense | -10.37M | 27.95M | 8.79M | 7.77M | 7.02M | 15.13M | 10.82M | 11.47M | 10.71M | 14.07M | 9.41M | 4.28M | 7.13M | 4.52M | 3.05M | 2.31M | 959K | 478K | 269K | 1.5M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | -6.56M | 19.16M | 31.93M | 5.66M | -2.42M | -2.64M | -6.71M | -54.45M | -64.58M | -42.34M | -40.3M | -28.15M | -129.24M | -55.73M | -56.21M | -29.85M | 32.71M | 59.27M | 27.84M | 36.3M |
| Pretax Margin % | -2.13% | 6.3% | 11.17% | 2.13% | -1.1% | -1.17% | -3.88% | -39.15% | -46.63% | -28.43% | -28% | -20.1% | -117.43% | -37.97% | -35.07% | -12.95% | 10.51% | 19.49% | 12.17% | 18.57% |
| Income Tax | 84K | 526K | 124K | 49K | 29K | 111K | 45K | 15K | 14K | 63K | 10K | 18K | 16K | -464K | 12K | 24K | 19K | 323K | -1.27M | -988K |
| Effective Tax Rate % | -1.28% | 2.75% | 0.39% | 0.87% | -1.2% | -4.2% | -0.67% | -0.03% | -0.02% | -0.15% | -0.02% | -0.06% | -0.01% | 0.83% | -0.02% | -0.08% | 0.06% | 0.54% | -4.55% | -2.72% |
| Net Income | -6.65M | 18.64M | 31.8M | 5.61M | -2.45M | -2.75M | -6.76M | -54.47M | -64.6M | -42.4M | -40.31M | -28.16M | -129.25M | -55.26M | -56.22M | -29.87M | 32.69M | 58.94M | 29.11M | 37.28M |
| Net Margin % | -2.16% | 6.13% | 11.12% | 2.12% | -1.11% | -1.22% | -3.91% | -39.16% | -46.64% | -28.47% | -28% | -20.11% | -117.44% | -37.66% | -35.08% | -12.96% | 10.51% | 19.38% | 12.73% | 19.08% |
| Net Income Growth % | -171.6% | 776.44% | 570.63% | 110.29% | 96.21% | 93.5% | 83.24% | -93.4% | 50.02% | 23.28% | 28.29% | 5.71% | -495.37% | -193.76% | -293.12% | -180.12% | 223.62% | 5639.44% | - | - |
| Net Income (Continuing) | -6.65M | 18.64M | 31.8M | 5.61M | -2.45M | -2.75M | -6.76M | -54.47M | -64.6M | -42.4M | -40.31M | -28.16M | -129.25M | -55.26M | -56.22M | -29.87M | 32.69M | 58.94M | 29.11M | 37.28M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.07 | 0.17 | 0.25 | 0.05 | -0.03 | -0.03 | -0.08 | -0.62 | -0.74 | -0.50 | -0.48 | -0.34 | -1.58 | -0.67 | -0.69 | -0.36 | 0.34 | 0.60 | 0.30 | 0.39 |
| EPS Growth % | -169.23% | 668.56% | 433.33% | 108.79% | 96.49% | 94.02% | 84.38% | -82.35% | 53.16% | 25.37% | 30.43% | 5.56% | -564.71% | -211.67% | -330% | -192.31% | 209.09% | 1418.99% | - | - |
| EPS (Basic) | -0.07 | 0.19 | 0.33 | 0.06 | -0.03 | -0.03 | -0.08 | -0.62 | -0.74 | -0.50 | -0.48 | -0.34 | -1.58 | -0.67 | -0.69 | -0.36 | 0.34 | 0.71 | 0.37 | 0.49 |
| Diluted Shares Outstanding | 96.9M | 112.22M | 109.72M | 102.85M | 94.28M | 92.17M | 90.12M | 88.44M | 87.03M | 85.57M | 84.4M | 83.13M | 81.91M | 82.23M | 81.67M | 83.83M | 95.46M | 98.8M | 97.04M | 95.6M |
| Basic Shares Outstanding | 96.9M | 97.59M | 96.68M | 95.53M | 94.28M | 92.17M | 90.12M | 88.44M | 87.03M | 85.57M | 84.4M | 83.13M | 81.91M | 82.23M | 81.48M | 82.97M | 95.46M | 98.29M | 96.06M | 94.8M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |