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Upstart_logo,_August_2013-svg

Upstart Holdings, Inc. (UPST)

Upstart_logo,_August_2013-svg

Upstart Holdings, Inc. (UPST)

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Balance Sheets Overview

Debt to Asset Ratio
74.85%
Unit: Thousand (K) dollars
Assets Breakdown
    • Loans (at fair value)
    • Restricted cash
    • Cash and cash equivalents
    • Others
Liabilities Breakdown
    • Total payments due
    • Additional paid-in capital
    • Accumulated deficit
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
455,957
472,934
652,388
489,784
Restricted cash
526,320
458,400
404,624
347,121
Loans (at fair value)
1,064,239
1,014,089
984,552
1,229,976
Property, equipment, and software, net
49,421
48,002
44,174
44,259
Operating lease right of use assets
18,783
13,605
16,410
34,646
Beneficial interest assets (at fair value)
545,938
474,796
396,216
316,199
Line of credit receivable (at fair value)
111,772
111,916
112,742
-
Notes receivable and residual certificates (at fair value)
120,375
105,066
-
-
Non-marketable equity securities
41,000
41,250
41,250
41,250
Goodwill
67,062
67,062
67,062
67,062
Other assets (includes 41,166 and 54,946 at fair value as of december31, 2025 and june30, 2026, respectively)
170,406
154,561
255,387
334,551
Total assets
3,171,273
2,961,681
2,974,805
2,904,848
Payable to investors
145,208
125,523
107,659
93,400
Total payments due
2,031,583
1,951,762
1,860,774
1,889,005
Unamortized debt discount
28,454
30,097
31,629
33,251
Borrowings
2,003,129
1,921,665
1,829,145
1,855,754
Payable to securitization note holders (at fair value)
32,122
39,188
46,542
55,175
Accrued expenses and other liabilities (includes 15,219 and 24,967 at fair value as of december31, 2025 and june30, 2026, respectively)
170,974
124,591
171,495
116,250
Operating lease liabilities
22,352
17,548
21,149
40,551
Total liabilities
2,373,785
2,228,515
2,175,990
2,161,130
Common stock, 0.0001 par value 700,000,000 shares authorized 98,033,361 and 97,306,813 shares issued and outstanding as of december31, 2025 and june30, 2026, respectively
10
10
10
10
Additional paid-in capital
1,145,141
1,097,358
1,156,361
1,119,900
Accumulated deficit
-347,663
-364,202
-357,556
-376,192
Total stockholders equity
797,488
733,166
798,815
743,718
Total liabilities and stockholders equity
3,171,273
2,961,681
2,974,805
2,904,848
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Loans (at fair value)$1,064,239K (4.39%↑ Y/Y)Beneficial interest assets(at fair value)$545,938K (104.65%↑ Y/Y)Restricted cash$526,320K (72.27%↑ Y/Y)Cash and cashequivalents$455,957K (15.16%↑ Y/Y)Other assets(includes 41,166 and...$170,406K (-43.25%↓ Y/Y)Notes receivable andresidual certificates...$120,375K (120.03%↑ Y/Y)Line of creditreceivable (at fair value)$111,772K (4.02%↑ Y/Y)Goodwill$67,062K (0.00%↑ Y/Y)Property, equipment, andsoftware, net$49,421K (12.47%↑ Y/Y)Non-marketable equitysecurities$41,000K (-0.61%↓ Y/Y)Operating lease right ofuse assets$18,783K (-50.07%↓ Y/Y)Total assets$3,171,273K (27.98%↑ Y/Y)Total liabilities andstockholders equity$3,171,273K (27.98%↑ Y/Y)Total liabilities$2,373,785K (35.19%↑ Y/Y)Total stockholdersequity$797,488K (10.45%↑ Y/Y)Accumulated deficit-$347,663K (14.79%↑ Y/Y)Borrowings$2,003,129K (40.23%↑ Y/Y)Accrued expenses andother liabilities...$170,974K (34.92%↑ Y/Y)Payable to investors$145,208K (58.40%↑ Y/Y)Payable tosecuritization note holders (at...$32,122K (-50.70%↓ Y/Y)Operating leaseliabilities$22,352K (-49.01%↓ Y/Y)Additional paid-in capital$1,145,141K (1.34%↑ Y/Y)Unamortized debt discount$28,454K (34.41%↑ Y/Y)Common stock, 0.0001par value...$10K (0.00%↑ Y/Y)Total payments due$2,031,583K (40.14%↑ Y/Y)