Home / UPST : NASDAQ

AI Analysis Fundamentals Valuation Video Analysis News Similar

AI Analysis

How does UPST make money? Does UPST have pricing power? What's the Earnings Whisper? Will UPST profit more as the business scales? What is UPST's management track record? Is UPST's current price justified?

Upstart Holdings, Inc.

$25.59 -$20.25 (-44.18%)

NASDAQ · 11 Sep 2026 20:00 UTC

Previous Close

$25.1

Day Range

$25.4$26.33

Year Range

$23.96$71.38

Market Cap

2.45B

AVG Volume

4.53M

Trailing/Forward PE

41.18/13.82

PEG ratio

0.24

Dividend Yield

Next Earnings Date

2026-11-03

Primary Exchange

NASDAQ

Revenue (USD) · TTM

UPST Revenue (USD) · TTM by quarter
Period	Revenue (USD) · TTM
26 Q2	1.29B
26 Q1	1.17B
25 Q4	1.08B
25 Q3	997.75M
25 Q2	884.81M
25 Q1	758.84M
24 Q4	676.96M
24 Q3	599.5M
24 Q2	570.51M
24 Q1	571.46M

Net Income (USD) · TTM

UPST Net Income (USD) · TTM by quarter
Period	Net Income (USD) · TTM
26 Q2	60.33M
26 Q1	49.4M
25 Q4	53.6M
25 Q3	32.21M
25 Q2	-6.35M
25 Q1	-66.43M
24 Q4	-128.58M
24 Q3	-168.22M
24 Q2	-201.78M
24 Q1	-175.48M

Operating Income (USD) · TTM

UPST Operating Income (USD) · TTM by quarter
Period	Operating Income (USD) · TTM
26 Q2	61.68M
26 Q1	50.19M
25 Q4	54.33M
25 Q3	32.52M
25 Q2	-6.12M
25 Q1	-66.23M
24 Q4	-128.4M
24 Q3	-168.09M
24 Q2	-201.68M
24 Q1	-175.37M

EBITDA (USD) · TTM

UPST EBITDA (USD) · TTM by quarter
Period	EBITDA (USD) · TTM
26 Q2	87.26M
26 Q1	74.48M
25 Q4	79.16M
25 Q3	55.6M
25 Q2	16.21M
25 Q1	-44.91M
24 Q4	-107.85M
24 Q3	-143.13M
24 Q2	-177.18M
24 Q1	-151.28M

Cash Flows (USD) · TTM

UPST Cash Flows (USD) · TTM by quarter
Period	Cash Flows (USD) · TTM
26 Q2	-296.7M
26 Q1	-286.78M
25 Q4	-166.13M
25 Q3	-385.11M
25 Q2	-81.67M
25 Q1	114.11M
24 Q4	176.34M
24 Q3	145.31M
24 Q2	-142.19M
24 Q1	1.86M

EPS (USD) · TTM

UPST EPS (USD) · TTM by quarter
Period	EPS (USD) · TTM
26 Q2	0.51
26 Q1	0.41
25 Q4	0.45
25 Q3	0.25
25 Q2	-0.08
25 Q1	-0.75
24 Q4	-1.46
24 Q3	-1.94
24 Q2	-2.34
24 Q1	-2.06

Expenses (USD) · TTM

UPST Expenses (USD) · TTM by quarter
Period	Expenses (USD) · TTM
26 Q2	904.19M
26 Q1	838.46M
25 Q4	762.03M
25 Q3	707.76M
25 Q2	659.29M
25 Q1	597.99M
24 Q4	565.72M
24 Q3	538.14M
24 Q2	519.64M
24 Q1	505.81M

Shares Outstanding (USD) · TTM

UPST Shares Outstanding (USD) · TTM by quarter
Period	Shares Outstanding (USD) · TTM
26 Q2	-45.83M
26 Q1	-36.87M
25 Q4	-131.95M
25 Q3	-129.29M
25 Q2	-128.76M
25 Q1	-127.45M
24 Q4	-133.4M
24 Q3	-136.37M
24 Q2	-138.32M
24 Q1	-136.71M

Employee Count

UPST Employee Count by quarter
Period	Employee Count
2025	1.41K
2024	1.19K
2023	1.39K
2022	1.88K
2021	1.5K
2020	554

PE Ratio

UPST PE Ratio by quarter
Period	PE Ratio
Sep 26	40.96
Sep 26	44.9
Aug 26	46.55
Aug 26	48.5
Aug 26	48.71
Aug 26	49.76
Jul 26	53.82
Jul 26	52.82
Jul 26	57.88
Jul 26	64.22
Jul 26	68.22
Jun 26	66.02
Jun 26	63.61
Jun 26	59.83
Jun 26	58.33
May 26	66.28
May 26	56.02
May 26	57.88
May 26	56.81
May 26	59.61
Apr 26	60.98
Apr 26	62.94
Apr 26	49.63
Apr 26	46.58
Mar 26	45.1
Mar 26	47.3
Mar 26	48
Mar 26	50.58
Feb 26	49.58
Feb 26	53.33
Feb 26	55.86
Feb 26	114.78
Jan 26	117.81
Jan 26	135.94
Jan 26	144.44
Jan 26	147.44
Jan 26	137.6
Dec 25	142.49
Dec 25	142.85
Dec 25	148.13
Dec 25	140.33
Nov 25	134.95
Nov 25	111.33
Nov 25	116.22
Nov 25	115.86
Feb 23	239.8
Feb 23	324.93
Jan 23	283.03
Jan 23	254.21
Jan 23	249.8
Jan 23	192.46
Dec 22	194.37
Dec 22	194.08
Dec 22	225.54
Dec 22	251.12
Dec 22	274.5
Nov 22	272.3
Nov 22	282.44
Nov 22	331.4
Nov 22	17.69
Oct 22	21.62
Oct 22	19.95
Oct 22	20.95
Oct 22	19.06
Sep 22	18.98
Sep 22	19.63
Sep 22	22.34
Sep 22	25.14
Sep 22	22.26
Aug 22	23.02
Aug 22	25.99
Aug 22	31.74
Aug 22	17.88
Jul 22	14.7
Jul 22	15.72
Jul 22	15.54
Jul 22	16.36
Jul 22	19.82
Jun 22	24.74
Jun 22	21.23
Jun 22	22.65
Jun 22	29.32
May 22	30.4
May 22	27
May 22	23.03
May 22	60.88
Apr 22	54.44
Apr 22	54.38
Apr 22	59.95
Apr 22	66.16
Apr 22	79.12
Mar 22	75.31
Mar 22	91.05
Mar 22	72.63
Mar 22	93.09
Feb 22	98.61
Feb 22	94.38
Feb 22	123.93
Feb 22	122.21
Jan 22	117.71

Free Cash Flow Yield

UPST Free Cash Flow Yield by quarter
Period	Free Cash Flow Yield
Sep 26	-12.01%
Sep 26	-10.95%
Aug 26	-10.56%
Aug 26	-10.14%
Aug 26	-10.1%
Aug 26	-9.88%
Jul 26	-10.79%
Jul 26	-10.99%
Jul 26	-10.03%
Jul 26	-9.04%
Jul 26	-8.51%
Jun 26	-8.79%
Jun 26	-9.13%
Jun 26	-9.7%
Jun 26	-9.95%
May 26	-8.76%
May 26	-10.36%
May 26	-10.03%
May 26	-10.22%
May 26	-5.2%
Apr 26	-5.08%
Apr 26	-4.92%
Apr 26	-6.24%
Apr 26	-6.65%
Mar 26	-6.87%
Mar 26	-6.55%
Mar 26	-6.46%
Mar 26	-6.13%
Feb 26	-6.25%
Feb 26	-5.81%
Feb 26	-5.55%
Feb 26	-10.42%
Jan 26	-10.15%
Jan 26	-8.79%
Jan 26	-8.28%
Jan 26	-8.11%
Jan 26	-8.69%
Dec 25	-8.39%
Dec 25	-8.37%
Dec 25	-8.07%
Dec 25	-8.52%
Nov 25	-8.86%
Nov 25	-10.74%
Nov 25	-10.29%
Nov 25	-10.32%
Oct 25	-1.8%
Oct 25	-1.62%
Oct 25	-1.84%
Oct 25	-1.76%
Oct 25	-1.65%
Sep 25	-1.49%
Sep 25	-1.26%
Sep 25	-1.36%
Sep 25	-1.28%
Aug 25	-1.17%
Aug 25	-1.24%
Aug 25	-1.33%
Aug 25	-1.24%
Aug 25	1.53%
Jul 25	1.45%
Jul 25	1.54%
Jul 25	1.6%
Jul 25	1.64%
Jun 25	1.91%
Jun 25	2.09%
Jun 25	2.33%
Jun 25	2.23%
May 25	2.57%
May 25	2.67%
May 25	2.52%
May 25	2.57%
May 25	3.82%
Apr 25	3.93%
Apr 25	4.68%
Apr 25	4.91%
Apr 25	5.5%
Mar 25	4.05%
Mar 25	3.68%
Mar 25	3.94%
Mar 25	3.56%
Feb 25	2.87%
Feb 25	2.67%
Feb 25	2.32%
Feb 25	2.34%
Jan 25	2.49%
Jan 25	2.39%
Jan 25	2.56%
Jan 25	2.79%
Jan 25	2.52%
Dec 24	2.37%
Dec 24	2.36%
Dec 24	1.91%
Dec 24	2.09%
Nov 24	2.05%
Nov 24	2.18%
Nov 24	2.36%
Nov 24	1.99%
Nov 24	-3.32%
Oct 24	-3.18%
Oct 24	-3.03%

Price to Sales

UPST Price to Sales by quarter
Period	Price to Sales
Sep 26	1.92
Sep 26	2.11
Aug 26	2.18
Aug 26	2.28
Aug 26	2.29
Aug 26	2.33
Jul 26	2.27
Jul 26	2.22
Jul 26	2.44
Jul 26	2.7
Jul 26	2.87
Jun 26	2.78
Jun 26	2.68
Jun 26	2.52
Jun 26	2.46
May 26	2.79
May 26	2.36
May 26	2.44
May 26	2.39
May 26	2.97
Apr 26	3.04
Apr 26	3.14
Apr 26	2.47
Apr 26	2.32
Mar 26	2.25
Mar 26	2.36
Mar 26	2.39
Mar 26	2.52
Feb 26	2.47
Feb 26	2.66
Feb 26	2.78
Feb 26	3.71
Jan 26	3.8
Jan 26	4.39
Jan 26	4.66
Jan 26	4.76
Jan 26	4.44
Dec 25	4.6
Dec 25	4.61
Dec 25	4.78
Dec 25	4.53
Nov 25	4.36
Nov 25	3.59
Nov 25	3.75
Nov 25	3.74
Oct 25	5.13
Oct 25	5.69
Oct 25	5.02
Oct 25	5.24
Oct 25	5.61
Sep 25	6.19
Sep 25	7.33
Sep 25	6.81
Sep 25	7.22
Aug 25	7.91
Aug 25	7.43
Aug 25	6.92
Aug 25	7.42
Aug 25	9.84
Jul 25	10.38
Jul 25	9.74
Jul 25	9.39
Jul 25	9.17
Jun 25	7.88
Jun 25	7.21
Jun 25	6.46
Jun 25	6.75
May 25	5.86
May 25	5.62
May 25	5.97
May 25	5.86
May 25	6.82
Apr 25	6.63
Apr 25	5.57
Apr 25	5.31
Apr 25	4.74
Mar 25	6.44
Mar 25	7.07
Mar 25	6.61
Mar 25	7.31
Feb 25	9.08
Feb 25	9.77
Feb 25	11.22
Feb 25	10.35
Jan 25	9.73
Jan 25	10.14
Jan 25	9.46
Jan 25	8.68
Jan 25	9.63
Dec 24	10.22
Dec 24	10.28
Dec 24	12.7
Dec 24	11.6
Nov 24	11.84
Nov 24	11.13
Nov 24	10.28
Nov 24	12.18
Nov 24	7.51
Oct 24	7.84
Oct 24	8.24

EV/EBITDA

UPST EV/EBITDA by quarter
Period	EV/EBITDA
Sep 26	46.31
Sep 26	49.03
Aug 26	50.17
Aug 26	51.52
Aug 26	51.67
Aug 26	52.4
Jul 26	49.76
Jul 26	49.1
Jul 26	52.45
Jul 26	56.66
Jul 26	59.31
Jun 26	57.85
Jun 26	56.25
Jun 26	53.74
Jun 26	52.75
May 26	58.02
May 26	51.22
May 26	52.45
May 26	51.74
May 26	55.43
Apr 26	56.36
Apr 26	57.69
Apr 26	48.67
Apr 26	46.6
Mar 26	45.61
Mar 26	47.1
Mar 26	47.57
Mar 26	49.32
Feb 26	48.64
Feb 26	51.18
Feb 26	52.89
Feb 26	91.71
Jan 26	93.46
Jan 26	103.97
Jan 26	108.89
Jan 26	110.63
Jan 26	104.92
Dec 25	107.76
Dec 25	107.97
Dec 25	111.03
Dec 25	106.51
Nov 25	103.39
Nov 25	89.71
Nov 25	92.54
Nov 25	92.33
Oct 25	346.09
Oct 25	376.55
Oct 25	340.08
Oct 25	352.34
Oct 25	372.25
Sep 25	404.01
Sep 25	466.11
Sep 25	437.77
Sep 25	460.28
Aug 25	497.87
Aug 25	471.77
Aug 25	443.72
Aug 25	471.24
Feb 23	90.24
Feb 23	115.97
Jan 23	103.3
Jan 23	94.59
Jan 23	93.26
Jan 23	75.93
Dec 22	76.5
Dec 22	76.41
Dec 22	85.92
Dec 22	93.66
Dec 22	100.72
Nov 22	100.06
Nov 22	103.12
Nov 22	117.92
Nov 22	17.48
Oct 22	21.02
Oct 22	19.52
Oct 22	20.42
Oct 22	18.72
Sep 22	18.65
Sep 22	19.23
Sep 22	21.67
Sep 22	24.19
Sep 22	21.6
Aug 22	22.28
Aug 22	24.96
Aug 22	30.14
Aug 22	17.68
Jul 22	14.64
Jul 22	15.62
Jul 22	15.45
Jul 22	16.23
Jul 22	19.54
Jun 22	24.22
Jun 22	20.87
Jun 22	22.23
Jun 22	28.6
May 22	29.63
May 22	26.38
May 22	22.6
May 22	56.96
Apr 22	50.79

Price/Operating Cashflow

UPST Price/Operating Cashflow by quarter
Period	Price/Operating Cashflow
Aug 25	58.12
Jul 25	61.28
Jul 25	57.49
Jul 25	55.48
Jul 25	54.16
Jun 25	46.53
Jun 25	42.56
Jun 25	38.16
Jun 25	39.86
May 25	34.6
May 25	33.2
May 25	35.27
May 25	34.6
May 25	24.77
Apr 25	24.08
Apr 25	20.24
Apr 25	19.29
Apr 25	17.21
Mar 25	23.39
Mar 25	25.7
Mar 25	24.01
Mar 25	26.56
Feb 25	32.98
Feb 25	35.5
Feb 25	40.77
Feb 25	40.41
Jan 25	38
Jan 25	39.58
Jan 25	36.95
Jan 25	33.89
Jan 25	37.61
Dec 24	39.9
Dec 24	40.15
Dec 24	49.57
Dec 24	45.29
Nov 24	46.24
Nov 24	43.47
Nov 24	40.12
Nov 24	47.54
Aug 24	201.96
Jul 24	221.93
Jul 24	236.21
Jul 24	230.43
Jul 24	197.2
Jun 24	200.51
Jun 24	183.94
Jun 24	190.31
Jun 24	209.01
May 24	210.12
May 24	198.47
May 24	215.98
May 24	215.9
May 22	54.03
Apr 22	48.31
Apr 22	48.26
Apr 22	53.2
Apr 22	58.71
Apr 22	70.22
Mar 22	66.83
Mar 22	80.8
Mar 22	64.45
Mar 22	82.61
Feb 22	87.51
Feb 22	83.75
Feb 22	38.74
Feb 22	38.2
Jan 22	36.79
Jan 22	35.91
Jan 22	43.03
Jan 22	45.3
Dec 21	58.6
Dec 21	57.38
Dec 21	53.91
Dec 21	62.26
Dec 21	66.46
Nov 21	81.11
Nov 21	80.16
Nov 21	102.32
Nov 21	141.5
Oct 21	137.44
Oct 21	146.2
Oct 21	166.45
Oct 21	132.83
Oct 21	127.51
Sep 21	139.93
Sep 21	129.45
Sep 21	115.43
Sep 21	105.54
Aug 21	95.25
Aug 21	83.5
Aug 21	86.76
Aug 21	83.15
Jul 21	76
Jul 21	73.36
Jul 21	71.61
Jul 21	75.52
Jul 21	76.28
Jun 21	76.9
Jun 21	77.95
Jun 21	78.98

Price to Book

UPST Price to Book by quarter
Period	Price to Book
Sep 26	3.1
Sep 26	3.4
Aug 26	3.52
Aug 26	3.67
Aug 26	3.68
Aug 26	3.76
Jul 26	3.63
Jul 26	3.56
Jul 26	3.9
Jul 26	4.33
Jul 26	4.6
Jun 26	4.45
Jun 26	4.29
Jun 26	4.03
Jun 26	3.93
May 26	4.47
May 26	3.77
May 26	3.9
May 26	3.83
May 26	4
Apr 26	4.09
Apr 26	4.22
Apr 26	3.33
Apr 26	3.13
Mar 26	3.03
Mar 26	3.17
Mar 26	3.22
Mar 26	3.39
Feb 26	3.33
Feb 26	3.58
Feb 26	3.75
Feb 26	4.97
Jan 26	5.1
Jan 26	5.89
Jan 26	6.26
Jan 26	6.39
Jan 26	5.96
Dec 25	6.17
Dec 25	6.19
Dec 25	6.42
Dec 25	6.08
Nov 25	5.84
Nov 25	4.82
Nov 25	5.03
Nov 25	5.02
Oct 25	6.29
Oct 25	6.97
Oct 25	6.15
Oct 25	6.43
Oct 25	6.87
Sep 25	7.59
Sep 25	8.98
Sep 25	8.35
Sep 25	8.85
Aug 25	9.7
Aug 25	9.11
Aug 25	8.48
Aug 25	9.1
Aug 25	11.04
Jul 25	11.64
Jul 25	10.92
Jul 25	10.54
Jul 25	10.29
Jun 25	8.84
Jun 25	8.08
Jun 25	7.25
Jun 25	7.57
May 25	6.57
May 25	6.31
May 25	6.7
May 25	6.57
May 25	7.29
Apr 25	7.09
Apr 25	5.96
Apr 25	5.68
Apr 25	5.07
Mar 25	6.88
Mar 25	7.56
Mar 25	7.07
Mar 25	7.82
Feb 25	9.7
Feb 25	10.45
Feb 25	12
Feb 25	10.42
Jan 25	9.8
Jan 25	10.21
Jan 25	9.53
Jan 25	8.74
Jan 25	9.7
Dec 24	10.29
Dec 24	10.35
Dec 24	12.78
Dec 24	11.68
Nov 24	11.92
Nov 24	11.21
Nov 24	10.34
Nov 24	12.26
Nov 24	7.21
Oct 24	7.52
Oct 24	7.9

No video analysis for this stock yet. Request one from our team.

News: UPST

fool.com · 13 Sep 2026

Could Upstart 10x From Here? The AI Fintech Platform Could Be the Most Misunderstood Stock on the Market

CEO Paul Gu called the perception gap facing Upstart "quite severe." The company has made its business much more resilient in the last few years.

fool.com · 11 Sep 2026

Upstart CEO Paul Gu Buys 50,000 Shares for $1.3 Million. What Does This Mean for Investors Now?

Purchased 50,000 shares at $25.55 per share on September 10, 2026, for a total value of ~$1.3 million. The transaction involved shares equal to 26% of the indirect equity holdings reported prior to the filing.

benzinga.com · 11 Sep 2026

Upstart's CEO Spoke at Goldman Sachs Conference This Week — Here's What to Know

Upstart Holdings Inc. (NASDAQ:UPST) had a busy week that included commentary at a major investor conference, a fresh analyst initiation and an insider stock purchase from its CEO.

zacks.com · 9 Sep 2026

Upstart Holdings, Inc. (UPST) Dips More Than Broader Market: What You Should Know

In the most recent trading session, Upstart Holdings, Inc. (UPST) closed at $25.93, indicating a -3.89% shift from the previous trading day.

marketbeat.com · 9 Sep 2026

Upstart Refocuses on Personal Loans as Consumer Stress Rises

Upstart NASDAQ: UPST CEO Paul Gu said the company is concentrating its efforts on expanding its core personal loan business, which he described as the company's most differentiated and highest-margin product. Gu said the segment's growth accelerated in the second quarter, with core personal loan growth reaching roughly 3.5 times the growth recorded across the prior three quarters combined.

seekingalpha.com · 8 Sep 2026

Upstart Holdings, Inc. (UPST) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

zacks.com · 3 Sep 2026

Upstart (UPST) Down 6.7% Since Last Earnings Report: Can It Rebound?

Upstart (UPST) reported earnings 30 days ago. What's next for the stock?

businesswire.com · 3 Sep 2026

Upstart Publishes August 2026 Originations and Latest UMI

BURLINGAME, Calif.--(BUSINESS WIRE)--Upstart Publishes August 2026 Originations and Latest UMI.