Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform aggregates consumer demand for loans and connects it to its network of the company's AI-enabled bank partners. The company was founded in 2012 and is headquartered in San Mateo, California.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $676.96M | $547.72M | $853.29M | $849.89M | $230.08M | $189.27M | $95.58M | $55.64M |
| Cost of Revenue | $48.13M | $39.60M | $15.53M | $3.27M | $8.03M | $26.48M | N/A | N/A |
| Gross Profit | $628.83M | $508.12M | $837.76M | $846.61M | $222.05M | $162.78M | $95.58M | $55.64M |
| Gross Margin | 92.89% | 92.77% | 98.18% | 99.61% | 96.51% | 86.01% | 100.00% | 100.00% |
| Operating Expenses | $757.23M | $748.14M | $946.83M | $712.88M | $216.10M | $167.73M | $103.55M | $63.18M |
| Operating Income | $-128.40M | $-240.03M | $-109.07M | $133.73M | $5.95M | $-4.95M | $-7.97M | $-7.54M |
| Operating Margin | -18.97% | -43.82% | -12.78% | 15.74% | 2.59% | -2.61% | -8.34% | -13.54% |
| Net Income | $-128.58M | $-240.13M | $-108.67M | $135.44M | $5.98M | $-466.00K | $-12.32M | $-7.72M |
| Net Margin | -18.99% | -43.84% | -12.73% | 15.94% | 2.60% | -0.25% | -12.89% | -13.87% |
| EPS (Basic) | $-1.44 | $-2.87 | $-1.31 | $1.73 | $0.27 | $-0.03 | $-0.87 | $-0.56 |
| EBITDA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Stock Option Compensation Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Earnings Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |