Upstart Holdings, Inc. UPST R2K
Financial Services · Credit Services · United States
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.
READ MORE ›$33.79
-28.37% 1Y
Market & Price
Market Cap
$3.23B
Current Price
$33.79
High / Low (52W)
$84.13 / $24.22
Beta
2.26
Valuation
Stock P/E
82.41
Industry PE
12.01
Forward P/E
9.95
PEG Ratio
-
Book Value
$7.66
Price to Book
4.41
P/S
2.76
EV/EBITDA
47.90
Dividend Yield
-
Profitability & Returns
ROCE
-
ROE
7.01%
ROA
1.77%
Profit Margin
4.21%
Op Margin
0.90%
EPS (Latest Qtr)
$-0.07
EPS (TTM)
$0.41
Balance Sheet & Liquidity
Debt/Equity
2.70
Quick Ratio
2.84
Current Ratio
11.65
Debt
$1.98B
Total Assets
$2.97B
Current Assets
-
Working Capital
-
Ownership
Promoter Holding
12.98%
Chg in Prom Hold
-
FII / Inst Holding
61.97%
Chg in FII Hold
-
Financial Snapshot
Enterprise Value
$4.74B
Total Revenue (TTM)
$1.17B
EBITDA
$98.92M
Free Cash Flow
$-312.58M
Operating Cash Flow
$-267.54M
Shares Outstanding
95.71M
Gross Margin
82.71%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
6.92%
Profit 5Y
49.78%
Revenue (YoY)
44.60%
Earnings (YoY)
-
PROS
- Profit CAGR of 49.8% over 5 years.
CONS
- Trading at a high P/E of 82.4.
- Trading 59.8% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | UPST Upstart Holdings, Inc. R2K | 33.79 | 82.41 | $3.23B | - | - | 7.01% | 6.92% | 49.78% |
| 2 | JPM JPMorgan Chase & Co. SPX | 299.31 | 14.33 | $802.00B | 2.00% | - | 16.47% | 12.50% | 14.83% |
| 3 | V Visa Inc. SPX | 326.36 | 28.48 | $620.65B | 0.82% | 38.38% | 60.35% | 10.92% | 10.28% |
| 4 | MA Mastercard Incorporated SPX | 493.98 | 28.57 | $436.47B | 0.70% | 61.47% | - | 13.82% | 14.66% |
| 5 | MS Morgan Stanley SPX | 208.00 | 18.84 | $328.08B | 1.92% | - | 16.39% | 9.52% | 15.20% |
| 6 | GS The Goldman Sachs Group, Inc. SPX | 1,025.56 | 18.73 | $302.55B | 1.76% | - | 14.55% | 7.16% | 15.11% |
| 7 | WFC Wells Fargo & Company SPX | 77.54 | 11.98 | $237.29B | 2.32% | - | 12.03% | 4.02% | 15.98% |
| 8 | BLK BlackRock, Inc. SPX | 1,046.88 | 26.32 | $162.51B | 2.19% | 4.89% | 11.90% | 10.65% | 2.36% |
| 9 | SCHW The Charles Schwab Corporation SPX | 87.35 | 17.37 | $151.91B | 1.47% | - | 19.08% | 4.83% | 7.21% |
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Quarterly Results
Figures in USD.
| Metric | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 68.01M | 13.30M | 62.86M | 116.17M | 187.30M | 210.42M | 313.98M | 258.35M | 179.35M | 117.14M | 143.69M | 146.75M | - | - | - | - | 213.37M | 257.29M | 277.11M | 276.22M | 308.21M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 553.00K | -11.39M | 12.21M | 15.57M | 36.29M | 28.60M | 34.83M | -32.11M | -58.09M | -131.84M | -33.34M | -43.84M | -67.47M | -55.49M | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.02M | 7.77M | 8.79M | 27.95M | 10.37M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.42M | 5.66M | 31.93M | 19.16M | -6.56M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29.00K | 49.00K | 124.00K | 526.00K | 84.00K |
| Net Income | 1.48M | -6.19M | 9.67M | 10.10M | 37.28M | 29.11M | 32.69M | -29.87M | -56.22M | -129.25M | -28.16M | -40.31M | -64.60M | -54.47M | - | - | -2.45M | 5.61M | 31.80M | 18.64M | -6.65M |
| Diluted EPS | 0.00 | -0.42 | 0.10 | 0.11 | 0.39 | 0.30 | 0.34 | -0.36 | -0.69 | -1.58 | -0.34 | -0.48 | -0.74 | -0.62 | - | - | -0.03 | 0.05 | 0.23 | 0.17 | -0.07 |
| R&D Expense | 7.02M | 7.67M | 9.97M | 18.99M | 31.43M | 37.09M | 49.99M | 57.05M | 66.18M | 110.07M | 57.97M | 54.94M | 63.09M | 58.45M | 64.89M | - | 57.84M | 68.83M | 64.03M | - | 80.11M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 159.85M | 228.60M | - | 837.76M | 508.12M | 628.83M | 1.02B |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - |
| Operating Income | -4.58M | 11.77M | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | 15.53M | 39.60M | 48.13M | 51.54M |
| Pretax Income | - | - | - | -109.07M | -240.03M | -128.40M | 54.33M |
| Tax Provision | - | - | - | -409.00K | 107.00K | 185.00K | 728.00K |
| Net Income | -466.00K | 5.98M | - | -108.67M | -240.13M | -128.58M | 53.60M |
| Diluted EPS | -0.03 | 0.00 | - | -1.31 | -2.87 | -1.44 | 0.45 |
| R&D Expense | 18.78M | 38.80M | 134.00M | 237.25M | 280.14M | 253.65M | 257.60M |
Compounded Sales Growth
| 5 Years: | 6.92% |
| 1 Year: | 44.60% |
Compounded Profit Growth
| 5 Years: | 49.78% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -28.37% |
| 6 Months: | -19.10% |
| 3 Months: | +24.09% |
| 1 Month: | +10.86% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 477.25M | - | 1.94B | 2.02B | 2.37B | 2.97B |
| Current Assets | - | - | - | - | - | - | - | - |
| Cash & Equivalents | - | - | - | - | 432.41M | 377.32M | 793.61M | 657.45M |
| Inventory | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | 55.52M | 46.65M | 40.49M | 48.23M | - |
| Total Liabilities | - | - | 177.00M | - | 1.26B | 1.38B | 1.73B | 2.18B |
| Current Liabilities | - | - | - | - | - | - | - | - |
| Long Term Debt | - | - | - | - | 649.94M | 653.00M | 1.21B | 1.73B |
| Total Debt | - | - | - | - | 1.09B | 1.10B | 1.45B | 1.85B |
| Total Equity | -54.67M | -61.69M | 300.25M | - | 672.43M | 635.30M | 633.22M | 798.82M |
| Shares Outstanding | - | - | - | - | 81.26M | 86.33M | 93.47M | 98.03M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 31.58M | 15.70M | - | -657.86M | -111.71M | 186.33M | -147.72M |
| Investing Cash Flow | 45.43M | 136.52M | - | -114.12M | -118.45M | -237.73M | -177.17M |
| Financing Cash Flow | -119.19M | 79.05M | - | 113.21M | 165.49M | 559.87M | 405.64M |
| Capital Expenditure | -4.00M | -1.35M | - | -22.91M | -12.09M | -9.99M | -18.41M |
| Free Cash Flow | 27.58M | 14.34M | - | -680.77M | -123.80M | 176.34M | -166.13M |
| Net Change in Cash | - | - | - | -658.77M | -64.68M | 508.48M | 80.75M |
| Share Buybacks | - | - | 0 | 177.88M | 0 | 0 | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - |
| Operating Margin % | -2.9% | 5.1% | - | - | - | - | - |
| Net Margin % | -0.3% | 2.6% | - | -13.0% | -47.3% | -20.4% | 5.2% |
| ROE % | 0.8% | 2.0% | - | -16.2% | -37.8% | -20.3% | 6.7% |
| ROCE % | - | - | - | - | - | - | - |
Shareholding Pattern
Insiders
12.98%
Institutions
61.97%
Public Float
71.21%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 7.73% | 7.40M | $250.15M |
| 2 | Morgan Stanley | 4.15% | 3.98M | $134.32M |
| 3 | Vanguard Capital Management LLC | 3.92% | 3.75M | $126.78M |
| 4 | Vanguard Portfolio Management LLC | 3.91% | 3.74M | $126.49M |
| 5 | Marshall Wace LLP | 3.43% | 3.28M | $110.83M |
| 6 | Geode Capital Management, LLC | 2.22% | 2.12M | $71.77M |
| 7 | State Street Corporation | 2.15% | 2.05M | $69.37M |
| 8 | Goldman Sachs Group Inc | 1.63% | 1.56M | $52.70M |
| 9 | Clear Street Group Inc. | 1.62% | 1.56M | $52.55M |
| 10 | Halter Ferguson Financial Inc. | 1.53% | 1.47M | $49.58M |
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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