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Complete financial analysis of Upstart Holdings, Inc. (UPST) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Upstart Holdings, Inc., a leading company in the Financial – Credit Services industry within the Financial Services sector.
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Upstart Holdings, Inc. (UPST)
About Upstart Holdings, Inc.
Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform aggregates consumer demand for loans and connects it to its network of the company's AI-enabled bank partners. The company was founded in 2012 and is headquartered in San Mateo, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 513.56M | 853.29M | 851.86M | 241.44M | 190.67M | 125.80M | 66.71M |
| Cost of Revenue | 24.90M | 187.99M | 117.58M | 37.58M | 24.95M | 15.42M | 10.23M |
| Gross Profit | 488.66M | 665.29M | 734.28M | 203.86M | 165.73M | 110.38M | 56.48M |
| Gross Profit Ratio | 95.15% | 77.97% | 86.20% | 84.43% | 86.92% | 87.75% | 84.66% |
| Research & Development | 280.14M | 237.25M | 134.00M | 38.80M | 18.78M | 8.42M | 5.32M |
| General & Administrative | 212.39M | 185.29M | 121.44M | 45.61M | 31.87M | 19.82M | 15.43M |
| Selling & Marketing | 127.14M | 345.78M | 333.45M | 99.66M | 93.18M | 63.63M | 33.84M |
| SG&A | 339.53M | 531.07M | 454.89M | 145.27M | 125.04M | 83.45M | 49.27M |
| Other Expenses | 150.42M | 9.47M | -5.17M | 5.55M | 1.04M | 487.00K | 330.00K |
| Operating Expenses | 770.09M | 773.00M | 597.31M | 190.13M | 145.22M | 95.12M | 55.91M |
| Cost & Expenses | 770.09M | 960.99M | 714.88M | 227.72M | 170.17M | 110.53M | 66.14M |
| Interest Income | 169.00M | 105.58M | 47.31M | 4.82M | 63.31M | 76.68M | 21.13M |
| Interest Expense | 34.89M | 10.84M | 3.27M | 8.03M | 26.49M | 26.48M | 9.42M |
| Depreciation & Amortization | 24.90M | 13.51M | 7.54M | 2.28M | 774.00K | 314.00K | 93.00K |
| EBITDA | -215.12M | -89.51M | 140.88M | 11.77M | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | -41.89% | -10.49% | 17.95% | 9.14% | 11.90% | 14.97% | 2.96% |
| Operating Income | -256.52M | -103.02M | 145.39M | 19.79M | 21.91M | 18.51M | 1.88M |
| Operating Income Ratio | -49.95% | -12.07% | 17.07% | 8.20% | 11.49% | 14.72% | 2.82% |
| Total Other Income/Expenses | 16.50M | 4.79M | -7.15M | -5.82M | -4.95M | -11.22M | -8.86M |
| Income Before Tax | -240.03M | -109.07M | 133.73M | 5.95M | -4.95M | -11.22M | -8.86M |
| Income Before Tax Ratio | -46.74% | -12.78% | 15.70% | 2.46% | -2.59% | -8.92% | -13.27% |
| Income Tax Expense | 107.00K | 409.00K | 1.71M | 371.00K | 74.00K | 1.10M | 6.00K |
| Net Income | -240.13M | -108.67M | 135.44M | 5.98M | -466.00K | -12.32M | -7.72M |
| Net Income Ratio | -46.76% | -12.73% | 15.90% | 2.48% | -0.24% | -9.79% | -11.57% |
| EPS | -2.87 | -1.31 | 1.73 | 0.08 | -0.01 | -0.87 | -0.56 |
| EPS Diluted | -2.87 | -1.31 | 1.43 | 0.08 | -0.01 | -0.87 | -0.56 |
| Weighted Avg Shares Out | 83.77M | 82.77M | 78.11M | 73.31M | 73.31M | 14.13M | 13.87M |
| Weighted Avg Shares Out (Dil) | 83.77M | 82.77M | 94.77M | 73.31M | 73.31M | 14.13M | 13.87M |
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Upstart Announces Pricing of Offering of $425,000,000 of 1.00% Convertible Senior Notes Due 2030
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces Pricing of Offering of $425,000,000 of 1.00% Convertible Senior Notes Due 2030.
Why Is Upstart Stock Soaring, and Is It Too Late to Buy?
Upstart uses artificial intelligence to make lending decisions.
Upstart Announces Proposed Private Offering of $425,000,000 of Convertible Senior Notes Due 2030
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces Proposed Private Offering of $425,000,000 of Convertible Senior Notes Due 2030.
Upstart upgraded to Neutral from Sell at BTIG
BTIG upgraded Upstart to Neutral from Sell without a price target. The firm acknowledges that the company's volumes are likely to accelerate further from here, which it says is the key catalyst for the shares into 2025. While not bullish...
Source: https://incomestatements.info
Category: Stock Reports