See more : Digital Value S.p.A. (DGV.MI) Income Statement Analysis – Financial Results
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 |
Upstart Stock Rallies 114% in 6 Months: Still a Buy or Too Late?
Though UPST is well-positioned to benefit from future rate cuts and continued AI advancements, its premium valuation suggests that further upside may be limited in the near term.
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Look beyond the stock price at the business when shares are volatile.
Blue Owl Capital and Upstart Partner on Consumer Credit in $2 Billion Agreement
SAN MATEO, Calif.--(BUSINESS WIRE)--Blue Owl Capital and Upstart Partner on Consumer Credit in $2 Billion Agreement.
Upstart Sells $2 Billion of Consumer Installment Loans to Blue Owl
FinTech lender Upstart Holdings has sold up to $2 billion of consumer installment loans to private credit lender Blue Owl Capital.
Investors Heavily Search Upstart Holdings, Inc. (UPST): Here is What You Need to Know
Upstart (UPST) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Is It Finally Time to Buy Upstart Stock?
The Federal Reserve cut its benchmark interest rate last month, and more cuts are likely coming.
Upstart Holdings, Inc. (UPST) Rises But Trails Market: What Investors Should Know
Upstart Holdings, Inc. (UPST) closed the most recent trading day at $43.03, moving +0.33% from the previous trading session.
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Upstart to Report Third Quarter 2024 Earnings on Nov. 7, 2024
SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart to Report Third Quarter 2024 Earnings on Nov. 7, 2024.
Source: https://incomestatements.info
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