Upstart Holdings, Inc. Common stock (UPST) Financials
Key financial figures for Upstart Holdings, Inc. Common stock (Q3 2026).
Upstart's Q3 2026 originations rose 44% to $4.1B and contribution profit hit a record $218M, but it lowered its full-year outlook to about $1.35B of total revenue and about $260M of adjusted EBITDA, from about $1.4B and about $294M. Originations were $4.1B, up 44% YoY, with a record 574,089 loans (up 34%); total revenue was $371M (up 34%) and revenue from fees a record $364M (up 41%). Net income was $36.6M ($0.33 diluted per share) versus $31.8M ($0.23) a year earlier; income from operations was $36.0M versus $23.7M. Contribution profit was an all-time-high $218M (up 48%) at a 60% margin versus 57% in Q3 2025; adjusted EBITDA was $89.3M, with the margin at 24% versus 26% a year ago. On the outlook: Full-year 2026: revenue from fees of approximately $1.32 billion, total revenue of approximately $1.35 billion, and adjusted EBITDA of approximately $260 million (19% of total revenue). The Q2 2026 release had total revenue of approximately $1.4 billion, revenue from fees of approximately $1.3 billion and adjusted EBITDA of approximately $294 million (21%). Figures are for Q3 2026, as Upstart Holdings, Inc. reported them.
- Revenue
- $383M
- Net Income
- $37M
- EPS
- $0.37
- Total Assets
- $3.3B
- Operating Cash Flow
- -$20M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $383M | $37M | $0.33 | 12.75% | -$25M |
| Q2 FY2026 | $377M | $17M | $0.16 | 4.55% | |
| Q1 FY2026 | $319M | -$7M | -$0.07 | -2.06% | -$140M |
| Q4 FY2025 | $304M | $19M | $0.17 | 6.3% | $105M |
| Q3 FY2025 | $286M | $32M | $0.23 | 11.17% | -$127M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $1.1B | $54M | $0.45 | 5.05% | -$166M |
| FY2024 | $677M | -$129M | -$1.44 | -18.97% | $176M |
| FY2023 | $548M | -$240M | -$2.87 | -43.82% | -$124M |
Frequently asked questions
What was Upstart Holdings, Inc.'s revenue last quarter?
Upstart Holdings, Inc. reported revenue of $383.4 million for Q3 FY2026, up 34.1% from the same period a year earlier.
Is Upstart Holdings, Inc. profitable?
Yes. Upstart Holdings, Inc. reported net income of $36.6 million for Q3 FY2026, a net margin of 9.54% on revenue.
How has Upstart Holdings, Inc.'s margin trended?
Operating margin was 12.75% in Q3 FY2026, compared with 11.17% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Upstart Holdings, Inc. generate?
Upstart Holdings, Inc. generated free cash flow of -$25.2 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Upstart Holdings, Inc. Common stock on SentiSense, with up to forty quarters and twenty fiscal years of history.