Upstart Holdings Inc

UPST · NASDAQ · Financial Services / Credit Services

19.56USD+0.41 (+2.14%)

Price History

Full chart

Market Stats

Previous Close19.15

Open19.46

Day Range18.91 – 19.91

52-Week Range22.79 – 55.22

Volume4.97M

Market Cap2.32B

P/E (TTM)45.79

Forward P/E13.59

EPS0.52

Dividend Yield0.00%

Beta2.17

50-Day Avg28.19

200-Day Avg32.99

About

Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. The company operates through three segments: Personal Lending, Auto Lending, and Other. Its platform includes unsecured personal loans, small dollar loans, auto refinance, auto retail loans, and auto secured personal loan, and home equity lines of credit. Upstart Holdings, Inc. was founded in 2012 and is headquartered in San Mateo, California.

Company Details

SectorFinancial Services
IndustryCredit Services
CEOMr. Paul Gu
Employees1.41K
Headquarters2950 South Delaware Street, San Mateo, CA, United States, 94403, USA
Websitehttps://www.upstart.com

Leadership

Mr. David J. GirouardExecutive Chairman & Special Advisor · b. 1966
Mr. Paul GuCEO & Director · b. 1991
Mr. Scott Darling Esq.Chief Legal Officer & Corporate Secretary · b. 1972
Mr. Sanjay Datta CFAPresident of Capital & Enterprise
Ms. Andrea BlankmeyerChief Financial Officer
Natalia MirgorodskayaChief Accounting Officer
Mr. Grant SchneiderChief Technology Officer
Ms. Sonya BanerjeeHead of Investor Relations
Ms. Annie DelgadoChief Compliance Officer & Chief Risk Officer
Ms. Chantal RapportChief Marketing Officer

Financials

Income Statement

Currency: USD	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	57.29M	99.31M	164.19M	233.42M	848.59M	842.44M	547.72M	676.96M	1.08B
Growth (%)	-	+73.35%	+65.32%	+42.16%	+263.55%	-0.72%	-34.98%	+23.60%	+58.87%
Cost of Revenue	10.23M	15.42M	24.95M	37.58M	117.58M	187.99M	39.60M	48.13M	51.54M
Gross Profit	47.06M	83.90M	139.24M	195.84M	731.01M	654.45M	508.12M	628.83M	1.02B
Gross Margin	82.14%	84.48%	84.81%	83.90%	86.14%	77.68%	92.77%	92.89%	95.21%
Operating Expense	54.59M	91.87M	143.82M	184.07M	590.13M	768.31M	748.14M	757.23M	969.66M
Operating Income	-7.54M	-7.97M	-4.58M	11.77M	140.88M	-113.86M	-240.03M	-128.40M	54.33M
Operating Margin	-13.15%	-8.03%	-2.79%	5.04%	16.60%	-13.52%	-43.82%	-18.97%	5.05%
EBITDA	-7.44M	-7.66M	-3.80M	14.04M	148.42M	-100.35M	-215.12M	-107.85M	79.16M
EBITDA Margin	-12.99%	-7.71%	-2.32%	6.02%	17.49%	-11.91%	-39.28%	-15.93%	7.36%
Net Income	-8.86M	-11.22M	-5.02M	5.58M	135.44M	-108.67M	-240.13M	-128.58M	53.60M
Net Income Margin	-15.47%	-11.30%	-3.06%	2.39%	15.96%	-12.90%	-43.84%	-18.99%	4.98%
R&D	5.32M	8.41M	18.78M	38.80M	134.00M	237.25M	280.14M	253.65M	257.60M
R&D as % of Total Revenue	9.29%	8.47%	11.44%	16.62%	15.79%	28.16%	51.15%	37.47%	23.95%
Interest Expense	9.42M	26.48M	26.48M	8.03M	3.27M	10.84M	39.60M	48.13M	51.54M
Interest Expense % of Total Revenue	16.44%	26.67%	16.13%	3.44%	0.39%	1.29%	7.23%	7.11%	4.79%

Balance Sheet

Currency: USD	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	-	645.91M	393.46M	477.25M	1.82B	1.94B	2.02B	2.37B	2.97B
Total Liabilities	-	542.65M	455.15M	177.00M	1.01B	1.26B	1.38B	1.73B	2.18B
Total Equity	-	91.25M	-62.71M	300.25M	807.08M	672.43M	635.30M	633.22M	798.82M
Cash	-	73.04M	50.82M	258.77M	994.99M	432.41M	377.32M	793.61M	657.45M
Total Debt	-	501.23M	135.67M	82.06M	795.80M	1.09B	1.10B	1.45B	1.85B
Net Debt	-	428.19M	84.85M	-176.71M	-199.19M	654.77M	725.42M	658.84M	1.19B

Cash Flow

Currency: USD	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	10.36M	50.34M	31.58M	15.70M	168.35M	-657.86M	-111.71M	186.33M	-147.72M
Investing Cash Flow	-393.42M	-137.24M	45.43M	136.52M	-143.88M	-114.13M	-118.45M	-237.73M	-177.17M
Financing Cash Flow	412.71M	135.77M	-119.19M	79.05M	855.43M	113.21M	165.49M	559.87M	405.64M
Capital Expenditure	773.00K	1.04M	5.28M	5.61M	15.12M	22.91M	12.09M	9.99M	18.41M
Free Cash Flow	9.58M	49.29M	26.30M	10.09M	153.24M	-680.77M	-123.80M	176.34M	-166.13M
Dividends Paid	-	-	3.82M	-	236.00K	12.35M	8.43M	-	-
FCF to OCF	92.54%	97.93%	83.28%	64.29%	91.02%	103.48%	110.82%	94.64%	112.46%
Dividend Paid to FCF	-	-	14.53%	-	0.15%	-1.81%	-6.81%	-	-

Earnings

Report Date	Sep 30, 2019	Sep 30, 2020	Dec 16, 2020	Mar 17, 2021	May 11, 2021	Aug 10, 2021	Nov 9, 2021	Feb 15, 2022	May 9, 2022	Aug 8, 2022	Nov 8, 2022	Feb 14, 2023	May 9, 2023	Aug 8, 2023	Nov 7, 2023	Feb 13, 2024	May 7, 2024	Aug 6, 2024	Nov 7, 2024	Feb 11, 2025	May 6, 2025	Aug 5, 2025	Nov 4, 2025	Feb 10, 2026	May 5, 2026	Aug 4, 2026	Nov 3, 2026
EPS Estimate	0.00	0.00	0.00	0.02	0.15	0.25	0.33	0.51	0.53	0.08	-0.08	-0.47	-0.81	-0.07	-0.02	-0.14	-0.39	-0.39	-0.15	-0.04	0.17	0.25	0.42	0.46	0.43	0.30	0.23
EPS Actual	-0.02	0.66	-0.09	0.07	0.22	0.62	0.60	0.89	0.61	0.01	-0.24	-0.25	-0.47	0.06	-0.05	-0.11	-0.31	-0.17	-0.06	0.26	0.30	0.36	0.52	0.50	0.30	0.18	-
Surprise	-	-	-	250.00%	46.67%	148.00%	81.82%	74.51%	15.09%	-87.50%	-200.00%	46.81%	41.98%	185.71%	-150.00%	21.43%	20.51%	56.41%	60.00%	750.00%	76.47%	44.00%	23.81%	8.70%	-30.23%	-40.00%	-
Timing	-	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap2.32B

Enterprise Value3.92B

Trailing P/E45.79

Forward P/E13.59

Price / Sales1.77

Price / Book2.98

EPS0.52

Book Value8.20

Revenue (TTM)1.29B

Gross Profit (TTM)1.07B

EBITDA115.06M

Profit Margin4.69%

Operating Margin7.20%

Return on Equity7.94%

Return on Assets1.98%

Shares Outstanding97.31M

Shares Float83.67M

Beta2.17

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Analyst Ratings

Hold

Based on 15 analystsTarget 40.00

Strong Buy
4
Buy
2
Hold
7
Sell
1
Strong Sell
1

Ownership Breakdown

Institutions: 63.20%
Insiders: 12.94%
Retail / Other: 23.86%

Top Institutional Holders

BlackRock Inc
7.40M7.61%
Morgan Stanley - Brokerage Accounts
3.98M4.08%
Vanguard Capital Management, LLC
3.75M3.86%
Vanguard Portfolio Management, LLC
3.74M3.85%
Marshall Wace Asset Management Ltd
3.28M3.37%
Geode Capital Management, LLC
2.12M2.18%
State Street Corp
2.05M2.11%
Halter Ferguson Financial Inc
1.75M1.80%
The Goldman Sachs Group Inc
1.56M1.60%
Clear Street Group Inc
1.56M1.60%
Barclays PLC
1.27M1.31%
Baillie Gifford & Co Limited.
1.08M1.11%
Dimensional Fund Advisors, Inc.
1.06M1.09%
Citadel Advisors Llc
955.59K0.98%

Top Fund Holders

Vanguard MStar Total Stk Mkt Idx Invest
2.58M2.65%
iShares Russell 2000 ETF
2.17M2.23%
Vanguard Small Cap Index
1.87M1.92%
Vanguard MStar Small Cap Growth Indx Inv
1.08M1.11%
Fidelity Enhanced Small Cap Core ETF
940.21K0.97%
Fidelity Small Cap Index
928.21K0.95%