Upstart Holdings, Inc.
Upstart Holdings, Inc. (UPST) Financial Performance & Income Statement Overview
Analyze Upstart Holdings, Inc. (UPST) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Upstart Holdings, Inc. (UPST) Income Statement & Financial Overview
View the income breakdown for Upstart Holdings, Inc. UPST across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $220.39M | $211.27M | $162.14M | $127.63M |
| Cost of Revenue | $7.02M | $0.00 | $0.00 | $0.00 |
| Gross Profit | $213.37M | $211.27M | $162.14M | $127.63M |
| Gross Profit Ratio | $0.97 | $1.00 | $1.00 | $1.00 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $160.03M | $156.49M | $142.41M | $124.66M |
| Operating Expenses | $215.79M | $213.91M | $168.85M | $182.09M |
| Total Costs & Expenses | $222.81M | $213.91M | $168.85M | $182.09M |
| Interest Income | $40.57M | $41.46M | $40.84M | $52.88M |
| Interest Expense | $7.02M | $15.13M | $10.82M | $11.47M |
| Depreciation & Amortization | $6.40M | $4.70M | $5.39M | $4.83M |
| EBITDA | $3.98M | $7.38M | -$28.94M | -$39.19M |
| EBITDA Ratio | $0.02 | $0.03 | -$0.18 | -$0.31 |
| Operating Income | -$2.42M | -$4.75M | -$45.15M | -$55.49M |
| Operating Income Ratio | -$0.01 | -$0.02 | -$0.28 | -$0.43 |
| Other Income/Expenses (Net) | $0.00 | $2.11M | $38.44M | $1.03M |
| Income Before Tax | -$2.42M | -$2.64M | -$6.71M | -$54.45M |
| Income Before Tax Ratio | -$0.01 | -$0.01 | -$0.04 | -$0.43 |
| Income Tax Expense | $29000.00 | $111000.00 | $45000.00 | $15000.00 |
| Net Income | -$2.45M | -$2.75M | -$6.76M | -$54.47M |
| Net Income Ratio | -$0.01 | -$0.01 | -$0.04 | -$0.43 |
| EPS | -$0.03 | -$0.03 | -$0.07 | -$0.62 |
| Diluted EPS | -$0.03 | -$0.03 | -$0.07 | -$0.62 |
| Weighted Avg Shares Outstanding | $94.27M | $92.17M | $90.12M | $88.44M |
| Weighted Avg Shares Outstanding (Diluted) | $94.27M | $92.17M | $90.12M | $88.44M |
The company's financials show resilient growth, with revenue advancing from $127.63M in Q2 2024 to $220.39M in Q1 2025. Gross profit remained healthy with margins at 97% in Q1 2025 compared to 100% in Q2 2024. Operating income hit -$2.42M last quarter, sustaining a consistent -1% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $3.98M. Net income rose to -$2.45M, while earnings per share reached -$0.03. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan