upst: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, UPST has $2,477,868K in assets. $1,755,858K in debts. $395,940K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Cash and cash equivalents	395,940	599,778	-	-
Total assets	2,477,868	2,296,277	1,808,980	1,820,224

Operating lease liabilities	43,833	47,074	53,348	56,374
Borrowings	1,428,479	1,334,863	887,367	912,727
Accrued expenses and other liabilities (includes 15,883 and 17,240 at fair value as of december31, 2024 and june30, 2025, respectively)	126,725	78,680	111,616	77,259
Payable to securitization note holders (at fair value)	65,152	75,904	100,335	113,652
Payable to investors	91,669	83,114	60,778	65,502
Total liabilities	1,755,858	1,619,635	1,213,444	1,225,514
Accumulated deficit	-407,997	-413,604	-408,402	-401,644
Common stock, 0.0001 par value 700,000,000 shares authorized 93,469,721 and 96,091,343 shares issued and outstanding as of december31, 2024 and june30, 2025, respectively	10	10	9	9
Additional paid-in capital	1,129,997	1,090,236	1,003,929	996,345
Total stockholders equity	722,010	676,642	595,536	594,710
Total liabilities and stockholders equity	2,477,868	2,296,277	1,808,980	1,820,224