Upstart Holdings, Inc. (UPST) stock

UPSTNasdaqFinance ServicesFiscal year ends December 31

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 12/3013% below fair value

$19.56+0.41 (+2.14%)

Close on Nov 13, 2026Market cap $1.90BP/E 39.9Yield –

Upstart profit margin

Profit margin (net margin) is net income as a percentage of revenue.

Upstart's profit margin for the twelve months ending Jun 30, 2026 was 4.8%. For fiscal 2025 it was 5.1%, against -20.2% the year before. The highest annual figure on record is 16.0% in fiscal 2021.

Annual profit margin

Period	Period end	Value	Change (pts)
FY2025	Dec 31, 2025	5.1%	+25.3
FY2024	Dec 31, 2024	-20.2%	+26.6
FY2023	Dec 31, 2023	-46.8%	−33.9
FY2022	Dec 31, 2022	-12.9%	−28.9
FY2021	Dec 31, 2021	16.0%	+13.4
FY2020	Dec 31, 2020	2.6%	+2.8
FY2019	Dec 31, 2019	-0.3%	–

Quarterly profit margin

Change is against the same quarter a year earlier.

Period	Period end	Value	Change (pts)
Q2 FY2026	Jun 30, 2026	4.5%	+2.4
Q1 FY2026	Mar 31, 2026	-2.2%	−1.0
Q4 FY2025	Dec 31, 2025	6.3%	+7.6
Q3 FY2025	Sep 30, 2025	11.5%	+15.6
Q2 FY2025	Jun 30, 2025	2.2%	+44.9
Q1 FY2025	Mar 31, 2025	-1.1%	+49.4
Q4 FY2024	Dec 31, 2024	-1.3%	+29.0
Q3 FY2024	Sep 30, 2024	-4.2%	+25.8
Q2 FY2024	Jun 30, 2024	-42.7%	−21.9
Q1 FY2024	Mar 31, 2024	-50.5%	+75.0
Q4 FY2023	Dec 31, 2023	-30.2%	+7.4
Q3 FY2023	Sep 30, 2023	-30.0%	+5.8
Q2 FY2023	Jun 30, 2023	-20.7%	−7.7
Q1 FY2023	Mar 31, 2023	-125.6%	−136.1
Q4 FY2022	Dec 31, 2022	-37.6%	−57.0
Q3 FY2022	Sep 30, 2022	-35.8%	−48.5
Q2 FY2022	Jun 30, 2022	-13.1%	−32.3
Q1 FY2022	Mar 31, 2022	10.5%	+2.2
Q4 FY2021	Dec 31, 2021	19.3%	+18.2
Q3 FY2021	Sep 30, 2021	12.7%	−2.0
Q2 FY2021	Jun 30, 2021	19.2%	+54.9
Q1 FY2021	Mar 31, 2021	8.3%	+6.0
Q4 FY2020	Dec 31, 2020	1.2%	–
Q3 FY2020	Sep 30, 2020	14.8%	–
Q2 FY2020	Jun 30, 2020	-35.7%	–
Q1 FY2020	Mar 31, 2020	2.3%	–