Upstart Holdings Inc
NASDAQ:UPST

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Upstart Holdings Inc
NASDAQ:UPST
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Price: 68.07 USD -5.5% Market Closed
Market Cap: 6.2B USD
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Income Statement

Earnings Waterfall
Upstart Holdings Inc

Revenue
557.9m USD
Cost of Revenue
-153.5m USD
Gross Profit
404.4m USD
Operating Expenses
-620m USD
Operating Income
-215.6m USD
Other Expenses
47.4m USD
Net Income
-168.2m USD

Income Statement
Upstart Holdings Inc

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Income Statement
Currency: USD
Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
122
N/A
160
+31%
206
+29%
190
-7%
205
+8%
229
+11%
277
+21%
451
+63%
598
+33%
801
+34%
999
+25%
1 070
+7%
1 039
-3%
907
-13%
710
-22%
596
-16%
563
-5%
514
-9%
559
+9%
543
-3%
558
+3%
Gross Profit
Cost of Revenue
(21)
(25)
(29)
(31)
(33)
(38)
(46)
(64)
(89)
(118)
(149)
(176)
(186)
(188)
(180)
(166)
(158)
(150)
(149)
(151)
(154)
Gross Profit
102
N/A
135
+33%
176
+31%
160
-9%
172
+8%
191
+11%
231
+21%
387
+68%
509
+31%
684
+34%
850
+24%
895
+5%
854
-5%
719
-16%
530
-26%
430
-19%
405
-6%
363
-10%
409
+13%
391
-4%
404
+3%
Operating Income
Operating Expenses
(117)
(144)
(175)
(168)
(171)
(184)
(218)
(329)
(450)
(589)
(729)
(804)
(810)
(768)
(736)
(659)
(630)
(620)
(601)
(606)
(620)
Selling, General & Administrative
(103)
(125)
(152)
(141)
(139)
(145)
(167)
(255)
(349)
(455)
(564)
(614)
(590)
(531)
(438)
(360)
(343)
(340)
(348)
(360)
(376)
Research & Development
(14)
(19)
(23)
(27)
(32)
(39)
(51)
(75)
(102)
(134)
(165)
(191)
(220)
(237)
(297)
(298)
(287)
(280)
(233)
(234)
(244)
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(20)
(12)
0
Operating Income
(16)
N/A
(9)
+43%
2
N/A
(8)
N/A
1
N/A
7
+600%
13
+83%
58
+352%
59
+2%
95
+61%
122
+28%
90
-26%
44
-52%
(49)
N/A
(205)
-318%
(229)
-11%
(224)
+2%
(257)
-14%
(192)
+25%
(214)
-12%
(216)
-1%
Pre-Tax Income
Interest Income Expense
0
4
0
0
0
5
8
14
32
47
38
2
(39)
(65)
(75)
(53)
(43)
(5)
0
0
0
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
(1)
0
0
0
0
0
0
0
0
0
0
33
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
Total Other Income
0
(0)
3
8
9
(6)
(5)
(14)
(15)
(7)
(4)
(2)
1
5
10
13
14
20
17
13
14
Pre-Tax Income
(16)
N/A
(5)
+68%
4
N/A
(0)
N/A
10
N/A
6
-37%
15
+155%
58
+277%
76
+31%
134
+76%
156
+17%
90
-42%
6
-93%
(109)
N/A
(271)
-148%
(269)
+1%
(253)
+6%
(240)
+5%
(175)
+27%
(202)
-15%
(168)
+17%
Net Income
Tax Provision
0
(0)
(0)
(0)
(0)
(0)
(1)
0
2
2
2
1
(0)
0
1
1
1
(0)
(0)
(0)
(0)
Income from Continuing Operations
(16)
(5)
4
(0)
10
6
15
58
78
135
158
91
6
(109)
(271)
(269)
(253)
(240)
(175)
(202)
(168)
Income to Minority Interest
4
5
1
2
2
0
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
(11)
N/A
(1)
+95%
6
N/A
1
-80%
11
+909%
6
-46%
15
+143%
58
+298%
78
+33%
135
+75%
158
+17%
91
-43%
6
-94%
(109)
N/A
(271)
-149%
(269)
+1%
(253)
+6%
(240)
+5%
(175)
+27%
(202)
-15%
(168)
+17%
EPS (Diluted)
-0.14
N/A
-0.01
+93%
0.08
N/A
0.01
-88%
0.14
+1 300%
0.08
-43%
0.16
+100%
0.61
+281%
0.81
+33%
1.43
+77%
1.64
+15%
1.08
-34%
0.06
-94%
-1.31
N/A
-3.31
-153%
-3.23
+2%
-2.99
+7%
-2.87
+4%
-2.01
+30%
-2.28
-13%
-1.99
+13%

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