For the quarter ending 2026-03-31, UPST has $2,961,681K in assets. $2,228,515K in debts. $472,934K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 472,934 | 652,388 | 489,784 | 395,940 |
| Restricted cash | 458,400 | 404,624 | 347,121 | 305,520 |
| Loans (at fair value) | 1,014,089 | 984,552 | 1,229,976 | 1,019,504 |
| Property, equipment, and software, net | 48,002 | 44,174 | 44,259 | 43,942 |
| Operating lease right of use assets | 13,605 | 16,410 | 34,646 | 37,620 |
| Beneficial interest assets (at fair value) | 474,796 | 396,216 | 316,199 | 266,761 |
| Line of credit receivable (at fair value) | 111,916 | 112,742 | - | - |
| Notes receivable and residual certificates (at fair value) | 105,066 | - | - | - |
| Non-marketable equity securities | 41,250 | 41,250 | 41,250 | 41,250 |
| Goodwill | 67,062 | 67,062 | 67,062 | 67,062 |
| Other assets (includes 41,166 and 45,546 at fair value as of december31, 2025 and march31, 2026, respectively) | 154,561 | 255,387 | 334,551 | 300,269 |
| Total assets | 2,961,681 | 2,974,805 | 2,904,848 | 2,477,868 |
| Payable to investors | 125,523 | 107,659 | 93,400 | 91,669 |
| Total payments due | 1,951,762 | 1,860,774 | 1,889,005 | 1,449,649 |
| Unamortized debt discount | 30,097 | 31,629 | 33,251 | 21,170 |
| Borrowings | 1,921,665 | 1,829,145 | 1,855,754 | 1,428,479 |
| Payable to securitization note holders (at fair value) | 39,188 | 46,542 | 55,175 | 65,152 |
| Accrued expenses and other liabilities (includes 15,219 and 15,861 at fair value as of december31, 2025 and march31, 2026, respectively) | 124,591 | 171,495 | 116,250 | 126,725 |
| Operating lease liabilities | 17,548 | 21,149 | 40,551 | 43,833 |
| Total liabilities | 2,228,515 | 2,175,990 | 2,161,130 | 1,755,858 |
| Common stock, 0.0001 par value 700,000,000 shares authorized 98,033,361 and 95,708,872 shares issued and outstanding as of december31, 2025 and march31, 2026, respectively | 10 | 10 | 10 | 10 |
| Additional paid-in capital | 1,097,358 | 1,156,361 | 1,119,900 | 1,129,997 |
| Accumulated deficit | -364,202 | -357,556 | -376,192 | -407,997 |
| Total stockholders equity | 733,166 | 798,815 | 743,718 | 722,010 |
| Total liabilities and stockholders equity | 2,961,681 | 2,974,805 | 2,904,848 | 2,477,868 |
Upstart Holdings, Inc. (UPST)
Upstart Holdings, Inc. (UPST)