Revenue segments as reported by the company.

Revenue from fees, net

Interest income and fair value adjustments, net

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales and marketing

Customer operations

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Upstart Holdings

Upstart Holdings, Inc. engages in the provision of a cloud-based artificial intelligence lending platform. Its platform aggregates consumer demand for loans and connects it to the company's network of artificial intelligence-enabled bank partners. The company was founded by David Joseph Girouard, Anna Mongayt Counselman and Paul Gu in December 2013 and is headquartered in San Mateo, CA.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

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Upstart Holdings reports resilient Q4 performance and eyes profitability

Upstart Holdings navigated challenges in 2022, focusing on model accuracy, automation, and growth. The company aims to return to profitability, stabilize the UMI metric, and secure funding partnerships in 2023. Opportunities include expanding into secured products and enhancing conversations with funding partners through AI technology.

Upstart reports solid Q1 results, eyes growth through innovation

Upstart's Q1 2023 performance showed strong revenue but with a net loss and negative EBITDA.
The company is focused on innovation, cost reduction, and expanding its product offerings.
Challenges in funding markets and concerns about margins and loan volumes were highlighted.
Opportunities lie in platform expansion, new product launches, and optimizing costs for profitability.

Upstart Holdings (UPST) reports robust Q2 performance amidst market challenges

Upstart Holdings (UPST) delivered a strong Q2 performance with growth in contribution margin, positive cash flow, and efficiency improvements. The company faces challenges in managing funding market cautiousness and adverse selection but has opportunities for growth through co-investments and model calibration.

Upstart Holdings reports positive EBITDA amidst challenging lending environment

Upstart faced challenges in a tough lending environment but maintained financial resilience.
The company showcased innovation with new product launches and strategic partnerships.
Despite revenue decline, Upstart's focus on efficiency and market expansion bodes well for future growth.
Management's commitment to improving loan pricing accuracy and exploring funding sources is key.

Upstart Holdings reports pivotal year in 2023, aims for EBITDA breakeven

Upstart Holdings discussed its Q4 2023 financial results, challenges faced, and future outlook during the earnings call. The company highlighted progress made in efficiency improvements, building a stronger Upstart, and financial performance metrics. Despite facing challenges like negative EBITDA and funding constraints, Upstart is focused on returning to EBITDA breakeven quickly and exploring new revenue streams.

Upstart Holdings excels in Q1 2024, eyes growth opportunities

Upstart Holdings delivered strong financial results in Q1 2024, showcasing growth in revenue, net revenue, and loan transactions. The company's focus on innovation, cost efficiency, and product diversification positions it well for future opportunities in the lending market. Challenges include managing loan pricing and addressing seasonality in loan demand.

Upstart Holdings reports strong Q2 performance and strategic growth outlook

Upstart Holdings demonstrated strong performance and strategic advancements in Q2 2024, positioning the company for sustained growth and profitability.
While facing challenges in expense management and competitive dynamics, Upstart's focus on innovation and funding partnerships presents opportunities for future expansion.
Overall, Upstart's emphasis on model improvements, funding strategies, and positive outlook underscores a promising trajectory in a conducive operating environment.

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SAN MATEO, Calif.--(BUSINESS WIRE)--DR Bank Chooses Upstart's Small-Dollar Loan Product to Expand Access to Credit.

DR Bank Chooses Upstart's Small-Dollar Loan Product to Expand Access to Credit

Upstart (UPST) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Upstart (UPST) Moves to Buy: Rationale Behind the Upgrade

Upstart reported a strong quarter, but there's more to the story.

Here We Go Again: Why Upstart Investors Should Tread Carefully

Recently, Zacks.com users have been paying close attention to Upstart (UPST). This makes it worthwhile to examine what the stock has in store.

Upstart Holdings, Inc. (UPST) is Attracting Investor Attention: Here is What You Should Know

LIVERMORE, Calif. & SAN MATEO, Calif.--(BUSINESS WIRE)--UNCLE Credit Union Selects Upstart for Personal Lending.

UNCLE Credit Union Selects Upstart for Personal Lending

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces Pricing of Offering of $425,000,000 of 1.00% Convertible Senior Notes Due 2030.

Upstart Announces Pricing of Offering of $425,000,000 of 1.00% Convertible Senior Notes Due 2030

Upstart uses artificial intelligence to make lending decisions.

Why Is Upstart Stock Soaring, and Is It Too Late to Buy?

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces Proposed Private Offering of $425,000,000 of Convertible Senior Notes Due 2030.

Upstart Announces Proposed Private Offering of $425,000,000 of Convertible Senior Notes Due 2030

Upstart's Q3 earnings exceeded expectations, driven by strong demand for personal and auto loans, resulting in a 46% surge in share price and a $2.2B market cap increase. The fintech's revenue grew 27% quarter-over-quarter, with decent improvements in key metrics like conversion rates and automated credit decisions. Despite a positive outlook for Q4 and favorable interest rate conditions, Upstart's valuation has become too high, prompting me to take profits.

Upstart: This Is The Perfect Time To Sell (Rating Downgrade)

Upstart Holdings has shown improved operating momentum in Q3, with a 43% increase in lending volume and positive adjusted EBITDA, but remains a risky investment. The company's AI lending models are still in a validation phase and have not been tested in an economic recession, raising concerns about long-term sustainability. Upstart's reliance on funding partners and high EV/revenue multiple (10x) compared to peers (3.4x) suggests its current valuation may be overvalued.

Upstart: Don't Get Too Much Excited

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Robinhood, Upstart, and Affirm are positioned to head higher.

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Toast

Wall Street applauded results from fintech companies Upstart and Toast. Both companies reported better-than-expected quarterly results.

Fintechs Upstart and Toast soar on earnings

Although the revenue and EPS for Upstart (UPST) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Upstart (UPST) Q3 Earnings: A Look at Key Metrics

Bill.com

Marqeta

Block

On Wall Street, what goes up must go down, and vice versa. A momentous week with a seesaw of volatility in the markets could be rightly chalked up to the seismic shifts from elections Tuesday (Nov. 5).

Volatile FinTech Stocks Highlight Promise, Perils of Financial Services' Digital Makeover

Upstart's earnings show the company is firmly back in growth mode.

Why Upstart Rocketed Almost 50% Today

Piper Sandler analyst Arvind Ramnani upgraded Upstart Holdings, Inc. UPST to Overweight from Neutral, raising the price forecast to $85 from $31.

Upstart's Enhanced Lending Model Drives Revenue Growth, Analyst Sees Further Upside Potential

Upstart stock is scaling the charts Friday after the AI lending platform beat Q3 expectations on strong loan growth. Here's what you need to know.

Upstart Stock Sails Higher as Lending Boom Boosts Q3 Results

Analysts say the AI lender is on a better track is it benefits from an improved interest-rate climate, funding partnerships and “solid” credit trends.

Upstart's stock roars higher. Here's why analysts say the tide is turning.

Flywire Corp

As of Nov. 8, 2024, three stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Top 3 Financials Stocks That May Fall Off A Cliff This Month

Upstart Holdings, Inc. (NASDAQ:UPST ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Alice Berry - Senior Director of Investor Relations Dave Girouard - Co-Founder & Chief Executive Officer Sanjay Datta - Chief Financial Officer Conference Call Participants Peter Christiansen - Citigroup Arvind Ramnani - Piper Sandler Rob Wildhack - Autonomous Research Kyle Peterson - Needham David Schwartz - JMP Simon Clinch - Redburn Atlantic Giuliano Bologna - Compass Point Operator Good day and welcome to the Upstart Third Quarter 2024 Earnings Conference Call. Today's conference is being recorded.

Upstart Holdings, Inc. (UPST) Q3 2024 Earnings Call Transcript

Upstart Holdings, Inc. (UPST) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.05 per share a year ago.

Upstart Holdings, Inc. (UPST) Reports Q3 Loss, Tops Revenue Estimates

Loan volumes picked up 43% on a sequential basis.

Upstart's return to ‘growth mode' helps send the AI lending stock higher

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces Third Quarter 2024 Results.

Upstart Announces Third Quarter 2024 Results

Upstart Holdings Inc (NASDAQ:UPST) stock was last seen up 5.5% at $53.34, as the broader market reacts to Donald Trump's Presidential election victory.

Fintech Stock Could be a Sleeping Giant

Evaluate the expected performance of Upstart (UPST) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

News for Upstart Holdings Stock (UPST)