UPSTNasdaqFinance ServicesFiscal year ends December 31
Upstart Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q/A on Aug 5, 2026
$23.25−0.31 (-1.32%)
Close on Oct 19, 2026
- Market cap
- $2.55B
- P/E (TTM)
- 47.4
- Dividend yield
- –
Upstart statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Finance Services companies for comparison
Valuation
| Measure | Upstart | Industry median |
|---|---|---|
| Market Cap | $2.26B | $216.24M |
| Enterprise Value | $1.81B | $197.90M |
| PE Ratio | 47.45 | 11.74 |
| PS Ratio | 1.82 | 3.01 |
| PB Ratio | 2.84 | 1.19 |
| P/TBV Ratio | 3.13 | 1.44 |
Enterprise value
| Measure | Upstart | Industry median |
|---|---|---|
| EV / Sales | 1.45 | 3.03 |
| EV / EBITDA | 24.00 | 4.41 |
| EV / EBIT | 36.35 | 7.65 |
Income (trailing twelve months)
| Measure | Upstart | Industry median |
|---|---|---|
| Revenue | $1.25B | $61.19M |
| Operating Income | $49.71M | -$13.20M |
| Net Income | $60.33M | -$5.16M |
| EBITDA | $75.28M | -$9.49M |
| EPS (Diluted) | $0.49 | -$0.03 |
Margins
| Measure | Upstart | Industry median |
|---|---|---|
| Operating Margin | 3.99% | -125.1% |
| Profit Margin | 4.84% | -21.0% |
| EBITDA Margin | 6.04% | -67.0% |
| FCF Margin | -23.2% | -22.8% |
Returns
| Measure | Upstart | Industry median |
|---|---|---|
| Return on Equity (ROE) | 7.94% | -22.5% |
| Return on Assets (ROA) | 2.14% | -11.8% |
| Return on Invested Capital (ROIC) | 21.7% | -33.3% |
Growth
| Measure | Upstart | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 46.3% | 19.7% |
| Revenue Growth (3Y CAGR) | 7.41% | 5.53% |
| Revenue Growth (5Y CAGR) | 34.9% | 10.1% |
Balance sheet
| Measure | Upstart | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $455.96M | $20.81M |
| Net Cash (Debt) | $455.96M | $7.60M |
| Net Cash Per Share | $4.69 | $0.22 |
| Equity (Book Value) | $797.49M | $165.65M |
| Book Value Per Share | $8.20 | $3.72 |
| Tangible Book Value | $722.71M | $127.24M |
Cash flow (trailing twelve months)
| Measure | Upstart | Industry median |
|---|---|---|
| Operating Cash Flow | -$284.01M | -$5.36M |
| Capital Expenditures | -$5.04M | -$5.04M |
| Free Cash Flow | -$289.05M | -$15.68M |
| FCF Per Share | -$2.97 | -$0.26 |
Efficiency
| Measure | Upstart | Industry median |
|---|---|---|
| Asset Turnover | 0.44 | 0.16 |
| Revenue Per Employee | $886.92K | $705.30K |
| Profits Per Employee | $42.94K | -$258.90K |
| Employee Count | 1,405 | 48 |
Dividends and yields
| Measure | Upstart | Industry median |
|---|---|---|
| Earnings Yield | 2.67% | -10.2% |
| FCF Yield | -12.8% | -11.4% |
Shares
| Measure | Upstart | Industry median |
|---|---|---|
| Shares Outstanding | 97,313,000 | 57,205,350 |
| Shares Change (YoY) | 12.9% | 12.9% |
| Shares Change (QoQ) | 1.67% | 0.24% |
| Float | 85,354,200 | 43,350,400 |
| Shares Held by Insiders | 12.3% | 18.5% |
| Shares Held by Institutions | 60.0% | 34.2% |
Taxes
| Measure | Upstart | Industry median |
|---|---|---|
| Income Tax | $1.35M | $82.74K |
Scores
| Measure | Upstart | Industry median |
|---|---|---|
| Graham Number | $9.51 | $33.10 |
| Graham Upside | -59.1% | 12.5% |
| Altman Z-Score | 0.86 | 0.34 |
| Piotroski F-Score | 4 | 4 |
Calculated by StockData from Upstart's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.