The financials
Upstart Holdings, Inc. by the numbers
Upstart Holdings, Inc. (UPST) reported revenue of $308M in Q1 2026 (quarter ended Mar 31, 2026), up 44% from the same quarter a year earlier. That came with net loss of $6.6M. For the full year FY2025, revenue was $1.04B (+64% year on year) and net income $54M. Its largest product in Q3 2023 (quarter ended Sep 30, 2023) was Platform And Referral Fees Net at $112M, 71% of the disclosed total, well ahead of Servicing Fees Net at 22%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $308M | $213M | +44% |
| Operating income | −$7.5M | −$4.5M | n/a |
| Net income | −$6.6M | −$2.4M | n/a |
| Diluted EPS | −$0.07 | −$0.03 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Platform And Referral Fees Net | $112M | 71% |
| Servicing Fees Net | $34M | 22% |
| Borrower Fees | $7.2M | 4.5% |
| Collection Agency Fees | $4.0M | 2.5% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $0.00
Segment Latestyear on year
- Origination Fees$0.00$0.00year on year --