Name: UPST Income Statement - Upstart Holdings. Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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UPST - Upstart Holdings. Inc.

USD | NASDAQ | Financial Services

UPST Income Statement - Upstart Holdings. Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20
Revenues
Revenues	308.2	296.1	277.1	257.3	213.4	219.0	162.1	127.6	127.8	140.3	134.6	135.8	102.9	146.9	157.2	228.2

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Revenues
Revenues	1,138.7	1,043.9	636.5	513.6	842.4	848.6	233.4	164.2
Cost of Revenue	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-
Operating Expenses
Research & Development	279.9	257.6	253.7	280.1	237.2	134.0	38.8	18.8
Selling General & Administrative	-	-	-	-	-
Operating Income
Operating Income	39.6	42.6	(172.9)	(256.5)	(113.9)	140.9	11.8	(4.6)
Non-Operating
Interest Income	219.7	204.2	186.4	169.0	105.6	20.6	26.4	63.3
Interest Expense	-	-	-	34.9	10.8	3.3
Tax & Net
Income Tax Expense	0.8	0.7	0.2	0.1	(0.4)	(1.7)	0.4	0.1
Net Income From Continuing Ops	49.4	53.6	(128.6)	(240.1)	(108.7)
Per Share
EPS Basic	0.51	0.56	(1.44)	(2.87)	(1.31)	1.73	0.00	(0.03)
EPS Diluted	0.51	0.45	(1.44)	(2.87)	(1.31)	1.43
Supplementary Data
EBITDA	63.9	67.5	(152.3)	(231.6)	(100.4)	148.4	14.0	(3.8)
EBIT	39.6	42.6	(172.9)	(256.5)	(113.9)	140.9

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	80.1	66.9	64.0	68.8	57.8	67.2	64.9	58.5	63.1	57.2	54.9	58.0	110.1	64.0	66.2	57.0	50.0	46.5	37.1	31.4	19.0	14.2	10.0	7.7	7.0
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	104.5	90.6	78.8	73.1	59.0	55.5	43.2	33.0	35.2	38.8	33.0	23.9	31.4	50.8	56.4	105.2	133.4
General & Administrative	76.1	67.8	60.8	64.6	60.6	60.4	59.9	53.0	57.6	55.8	53.5	50.4	52.7	47.1	47.8	46.9	43.5
Depreciation & Amortization	5.9	12.8	0.0	5.6	6.4	5.3	5.1	4.5	5.6	10.2	3.9	4.4	6.4	5.7	2.7	2.3
Amortization of Intangibles	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	315.7	277.2	253.4	252.7	217.9	223.7	207.3	183.1	195.3	187.8	178.4	169.1	234.8	205.4	215.3	260.3

Operating Income
Operating Income	(7.5)	18.9	23.7	4.5	(4.5)	(4.8)	(45.2)	(55.5)	(67.5)	(47.5)	(43.8)	(33.3)	(131.8)	(58.5)	(58.1)	(32.1)	34.8	60.4	28.6	36.3	15.6	10.4	12.2	(11.4)	0.6

Non-Operating
Interest Income	56.1	60.8	57.2	45.6	40.6	41.5	40.8	52.9	51.2	52.1	37.7	33.9	45.3	39.3	22.2	29.0	15.1	8.6	5.1	3.5	3.4	3.7	5.8	7.7	9.2
Interest Expense	-	-	-	-	-	-	-	-	10.7	14.1	9.4	4.3	7.1	4.5	3.1	2.3	1.0	0.5
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	1.0	20.1	1.0	1.1	2.1	9.8	5.1	1.0	2.9	9.9	3.5	5.2	2.6	7.5	1.9	2.3	(2.1)
Pre-Tax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Tax & Net
Income Tax Expense	0.1	0.5	0.1	0.0	0.0	0.1	0.0	0.0	0.0	0.1	0.0	0.0	0.0	(0.5)	0.0	0.0	0.0	0.3	(1.3)	(1.0)	0.2	0.4	0.0	0.0	0.0
Net Income From Continuing Ops	(6.6)	18.6	31.8	5.6	(2.4)	(2.8)	(6.8)	(54.5)	(64.6)	(42.4)	(40.3)	(28.2)	(129.3)	(55.3)	(56.2)	(29.9)	32.7
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	(6.6)	18.6	31.8	5.6	(2.4)	(2.8)	(6.8)	(54.5)	(64.6)	(42.4)	(40.3)	(28.2)	(129.3)	(55.3)	(56.2)	(29.9)	32.7
Net Income Attributable To Parent	(6.6)	18.6	31.8	5.6	(2.4)	(2.8)	(6.8)	(54.5)	(64.6)	(42.4)	(40.3)	(28.2)	(129.3)	(55.3)	(56.2)	(29.9)
Less: Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	(6.6)	18.6	31.8	5.6	(2.4)	(2.8)	(6.8)	(54.5)	(64.6)	(42.4)	(40.3)	(28.2)	(129.3)	(55.3)	(56.2)

Per Share
EPS Basic	(0.07)	-	0.33	0.06	(0.03)	-	(0.07)	(0.62)	(0.74)	-	(0.48)	(0.34)	(1.58)	-	(0.69)	(0.36)	0.39	-	0.37	0.49	0.14	-	0.12	(0.42)	0.00
EPS Diluted	(0.07)	-	0.23	0.05	(0.03)	-	(0.07)	(0.62)	(0.74)	-	(0.48)	(0.34)	(1.58)	-	(0.69)	(0.36)	0.34	-
Shares Basic	96.9	-	96.7	95.5	94.3	-	90.1	88.4	87.0	-	84.4	83.1	81.9	-	81.7	83.8	84.2	-
Shares Diluted	96.9	-	109.7	102.9	94.3	-	90.1	88.4	87.0	-	84.4	83.1	81.9	-	81.7	83.8	95.5	-