Revenue
2019
2020
2021
2022
2023
2024
2025
Upstart Holdings, Inc. (UPST)
Price$24.10Cached quote
Net income
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.04B | $636.5M | $513.6M | $907.3M | $801.3M | $228.6M | $159.8M |
| Research & development | $257.6M | $253.7M | $280.1M | $237.2M | $134.0M | $38.8M | $18.8M |
| Operating expenses | $1.00B | $809.4M | $770.1M | $956.3M | $707.7M | $221.7M | $168.8M |
| Operating income | $42.6M | −$172.9M | −$256.5M | −$113.9M | $140.9M | $11.8M | −$4.6M |
| Operating margin | 4.08% | −27.16% | −49.95% | −12.55% | 17.58% | 5.15% | −2.86% |
| EBITDA | $67.5M | −$152.3M | −$231.6M | −$100.3M | $148.4M | $14.0M | −$3.8M |
| EBITDA margin | 6.46% | −23.93% | −45.10% | −11.06% | 18.52% | 6.14% | −2.38% |
| Net income | $53.6M | −$128.6M | −$240.1M | −$108.7M | $135.4M | $6.0M | −$466,000 |
| Net profit margin | 5.13% | −20.20% | −46.76% | −11.98% | 16.90% | 2.62% | −0.29% |
| Basic EPSper basic share | $0.56 | -$1.44 | -$2.87 | -$1.31 | $1.73 | $0.00 | -$0.03 |
| Diluted EPSper diluted share | $0.45 | -$1.44 | -$2.87 | -$1.31 | $1.43 | $0.00 | -$0.03 |
Owners
Reported shareholders
≈12.07%of listed shares
Girouard Dave11.75M shares · May 7, 2026
View holders
| Holder | % owned |
|---|---|
Girouard Dave | ≈12.07%11.75M shares |
BlackRock, Inc. | 8.10%7.88M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 3.84%3.74M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.80%3.7M shares |
MORGAN STANLEY | 2.48%2.41M shares |
GOLDMAN SACHS GROUP INC | 2.46%2.4M shares |
MARSHALL WACE, LLP | 2.44%2.37M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.29%2.23M shares |
STATE STREET CORP | 2.18%2.12M shares |
Clear Street Group Inc. | 1.88%1.83M shares |
Halter Ferguson Financial Inc. | 1.80%1.75M shares |
BANK OF AMERICA CORP /DE/ | 1.55%1.51M shares |
UBS Group AG | 1.55%1.5M shares |
Gu Paul | ≈1.33%1.3M shares |
CITIGROUP INC | 1.17%1.14M shares |
BARCLAYS PLC | 1.16%1.13M shares |
BAILLIE GIFFORD & CO | 1.11%1.08M shares |
DIMENSIONAL FUND ADVISORS LP | 1.09%1.06M shares |
CITADEL ADVISORS LLC | 0.98%955.59K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.95%920.25K shares |
Percentages use 97.31M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 4 ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 9, 2026Form 4 | Datta SanjayPresident, Capital& Enterprise | SellCommon Stock | 15.0K | $30.41 | $456.1K | 313.6K |
| May 26, 2026Form 4 · 10b5-1 | Mirgorodskaya NataliaSee Remarks | SellCommon Stock | 974 | $28.99 | $28.2K | 37.4K |
| May 20, 2026Form 4 | Mirgorodskaya NataliaSee Remarks | SellCommon Stock | 526 | $28.77 | $15.1K | 38.3K |
| May 20, 2026Form 4 | Datta SanjayPresident, Capital& Enterprise | SellCommon Stock | 8.0K | $28.77 | $229.7K | 328.6K |
| May 20, 2026Form 4 | Darling ScottChief Legal Officer | SellCommon Stock | 6.6K | $28.78 | $190.9K | 88.7K |