Upstart Holdings, Inc. (UPST)

29.08 -4.53% (-1.38)

Over 1M: +6.0%

2026-08-28
Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles need the day’s open, high and low. Those are being collected now — a company shows them once its history has been refreshed.

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Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Revenue: 210.4M Q3 '21 — Operating Cash Flow: 43.6M Q3 '21 — Free Cash Flow: 40.6M Q3 '21 — Net Income: 29.1M Q4 '21 — Revenue: 287.4M Q4 '21 — Net Income: 58.9M Q1 '22 — Revenue: 314M Q1 '22 — Operating Cash Flow: -266.8M Q1 '22 — Free Cash Flow: -268.4M Q1 '22 — Net Income: 32.7M Q2 '22 — Revenue: 258.3M Q2 '22 — Operating Cash Flow: -53.6M Q2 '22 — Free Cash Flow: -57.6M Q2 '22 — Net Income: -29.9M Q3 '22 — Revenue: 179.3M Q3 '22 — Operating Cash Flow: -101.4M Q3 '22 — Free Cash Flow: -102.9M Q3 '22 — Net Income: -56.2M Q4 '22 — Revenue: 155.6M Q4 '22 — Operating Cash Flow: -236.1M Q4 '22 — Free Cash Flow: -237.8M Q4 '22 — Net Income: -55.3M Q1 '23 — Revenue: 117.1M Q1 '23 — Operating Cash Flow: -75.7M Q1 '23 — Free Cash Flow: -76.8M Q1 '23 — Net Income: -129.3M Q2 '23 — Revenue: 143.7M Q2 '23 — Operating Cash Flow: 217.3M Q2 '23 — Free Cash Flow: 217.3M Q2 '23 — Net Income: -28.2M Q3 '23 — Revenue: 146.8M Q3 '23 — Operating Cash Flow: -107.7M Q3 '23 — Free Cash Flow: -107.8M Q3 '23 — Net Income: -40.3M Q4 '23 — Revenue: 140.3M Q4 '23 — Operating Cash Flow: -145.6M Q4 '23 — Free Cash Flow: -145.8M Q4 '23 — Net Income: -42.4M Q1 '24 — Revenue: 127.8M Q1 '24 — Operating Cash Flow: 44.3M Q1 '24 — Free Cash Flow: 43.7M Q1 '24 — Net Income: -64.6M Q2 '24 — Revenue: 127.6M Q2 '24 — Operating Cash Flow: 73.6M Q2 '24 — Free Cash Flow: 73.5M Q2 '24 — Net Income: -54.5M Q3 '24 — Revenue: 162.1M Q3 '24 — Operating Cash Flow: 179.3M Q3 '24 — Free Cash Flow: 179.2M Q3 '24 — Net Income: -6.8M Q4 '24 — Revenue: 219M Q4 '24 — Net Income: -2.8M Q1 '25 — Revenue: 213.4M Q1 '25 — Operating Cash Flow: -13.5M Q1 '25 — Free Cash Flow: -13.5M Q1 '25 — Net Income: -2.4M Q2 '25 — Revenue: 257.3M Q2 '25 — Operating Cash Flow: -120.2M Q2 '25 — Free Cash Flow: -120.3M Q2 '25 — Net Income: 5.6M Q3 '25 — Revenue: 277.1M Q3 '25 — Operating Cash Flow: -122.6M Q3 '25 — Free Cash Flow: -122.7M Q3 '25 — Net Income: 31.8M Q4 '25 — Revenue: 296.1M Q4 '25 — Operating Cash Flow: 108.6M Q4 '25 — Free Cash Flow: 108.4M Q4 '25 — Net Income: 18.6M Q1 '26 — Revenue: 308.2M Q1 '26 — Operating Cash Flow: -133.3M Q1 '26 — Free Cash Flow: -136M Q1 '26 — Net Income: -6.6M Q2 '26 — Revenue: 364.7M Q2 '26 — Operating Cash Flow: -136.6M Q2 '26 — Free Cash Flow: -138.7M Q2 '26 — Net Income: 16.5M -150M 0 150M 300M 450M
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

2.5
SBC / sales 11.7%
ROIC 1.7%
OE margin -34.9%
ROA 1.9%
ROE 7.6%
Accruals 10.9%
FCF margin -23.2%
OCF / EBIT -5.7×
OCF margin -22.8%
Gross margin —
ROCE —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

1.0
RPO / sales —
RPO growth —
Segment HHI —

2 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.8
ND/EBITDA —
Payout 0.0%
Cash / Debt 0.23×
Debt / Eq 2.5×
F-score 4.5 pts
Cash runway —
Current ratio —
Debt payback —
Quick ratio —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

5.9
Sales/sh Y/Y +21.7%
Sales Q/Q +41.7%
EPS CAGR 4Y -25.1%
Shares change +20.2%
Div. growth —
EBIT CAGR —
EBIT Y/Y —
EPS Y/Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.