Income Statement - Upstart Holdings, Inc. (UPST)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | |
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,075.52 | 676.96 | 547.72 | 842.44 | 848.59 | 233.42 | 164.19 | 99.31 | 57.29 |
| Cost of revenue | 51.54 | 48.13 | 39.60 | 187.99 | 117.58 | 37.58 | 24.95 | 15.42 | 10.23 |
| Gross profit | 1,023.99 | 628.83 | 508.12 | 654.45 | 731.01 | 195.84 | 139.24 | 83.90 | 47.06 |
| Total operating expenses | 969.66 | 757.23 | 748.14 | 956.31 | 707.71 | 221.65 | 168.76 | 107.28 | 64.83 |
| Operating income | 54.33 | -128.40 | -240.03 | -113.86 | 140.88 | 11.77 | -4.58 | -7.97 | -7.54 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 4.79 | -7.15 | -5.82 | -0.37 | -3.25 | -1.32 |
| Income before tax | 54.33 | -128.40 | -240.03 | -109.07 | 133.73 | 5.95 | -4.95 | -11.22 | -8.86 |
| Income tax expense | 0.73 | 0.19 | 0.11 | -0.41 | -1.71 | 0.37 | 0.07 | 1.10 | 0.01 |
| Net income | 53.60 | -128.58 | -240.13 | -108.67 | 135.44 | 5.58 | -5.02 | -11.22 | -8.86 |
Show Quarterly Income Statement
Income Statement - Upstart Holdings, Inc. (UPST)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 308.21 | 304.17 | 285.90 | 265.06 | 220.39 | 226.40 | 172.96 | 139.10 | 138.51 | 148.94 | 134.56 | 135.77 | 102.93 | 146.91 | 157.23 | 228.16 | 310.14 | 304.85 | 228.45 | 193.95 | 121.35 | 86.71 | 65.36 | 17.35 | 63.99 | 68.15 | 49.49 |
| Cost of revenue | 5.86 | 27.95 | 8.79 | 7.77 | 7.02 | 15.13 | 10.82 | 11.47 | 10.71 | 14.07 | 36.91 | 36.80 | 40.59 | 43.49 | 45.03 | 51.07 | 48.41 | 41.05 | 34.98 | 24.16 | 17.39 | 12.79 | 9.36 | 6.62 | 8.81 | 4.36 | 6.69 |
| Gross profit | 302.36 | 276.22 | 277.11 | 257.29 | 213.37 | 211.27 | 162.14 | 127.63 | 127.79 | 134.87 | 97.64 | 98.97 | 62.34 | 103.43 | 112.21 | 177.09 | 261.73 | 263.80 | 193.47 | 169.78 | 103.96 | 73.92 | 56.00 | 10.73 | 55.18 | 63.79 | 42.80 |
| Total operating expenses | 309.87 | 257.06 | 245.18 | 251.64 | 215.79 | 213.91 | 168.85 | 182.09 | 192.38 | 177.20 | 178.40 | 169.11 | 234.76 | 205.41 | 215.32 | 260.27 | 275.30 | 244.43 | 199.85 | 157.65 | 105.77 | 76.32 | 53.15 | 28.74 | 63.44 | 58.85 | 43.00 |
| Operating income | -7.52 | 19.16 | 31.93 | 5.66 | -2.42 | -2.64 | -6.71 | -54.46 | -64.58 | -42.34 | -43.85 | -33.34 | -131.84 | -58.50 | -58.09 | -32.11 | 34.83 | 60.41 | 28.60 | 36.29 | 15.57 | 10.39 | 12.21 | -11.39 | 0.55 | 4.94 | 1.99 |
| Non-operating income (net) | 0.96 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.54 | 5.20 | 2.60 | 2.77 | 1.88 | 2.26 | -2.12 | -1.15 | -0.75 | 0.00 | -5.25 | -9.00 | -2.54 | 5.28 | 0.44 | 0.00 | -2.19 |
| Income before tax | -6.56 | 19.16 | 31.93 | 5.66 | -2.42 | -2.64 | -6.71 | -54.46 | -64.58 | -42.34 | -40.31 | -28.15 | -129.24 | -55.73 | -56.21 | -29.85 | 32.71 | 59.27 | 27.85 | 36.30 | 10.32 | 1.40 | 9.67 | -6.11 | 0.99 | 4.94 | -0.21 |
| Income tax expense | 0.08 | 0.53 | 0.12 | 0.05 | 0.03 | 0.11 | 0.05 | 0.02 | 0.01 | 0.06 | 0.01 | 0.02 | 0.02 | -0.46 | 0.01 | 0.02 | 0.02 | 0.32 | -1.27 | -0.99 | 0.22 | 0.37 | -1.10 | 0.08 | -0.49 | 0.07 | 0.12 |
| Net income | -6.65 | 18.64 | 31.81 | 5.61 | -2.45 | -2.76 | -6.76 | -54.47 | -64.60 | -42.40 | -40.32 | -28.17 | -129.25 | -55.26 | -56.22 | -29.87 | 32.69 | 58.94 | 29.11 | 37.28 | 10.10 | 1.03 | 9.67 | -6.19 | 1.48 | 6.05 | -0.32 |