Financial insights of UPST

MyFinsight

For the year ending 2025-12-31, UPST made $1,043,857K in revenue. $53,601K in net income. Net profit margin of 5.13%.

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

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Total revenue	1,043,857	636,528	513,562	842,444
Sales and marketing	301,507	166,800	127,143	345,776
Customer operations	188,377	157,996	150,418	187,994
Engineering and product development	257,602	253,653	280,138	237,247
General, administrative, and other	253,740	230,935	212,388	185,290
Total operating expenses	1,001,226	809,384	770,087	956,307
Income (loss) from operations	42,631	-172,856	-256,525	-113,863
Other income, net	24,324	18,793	21,206	9,473
Expense on convertible notes	-19,872	-7,694	-4,706	-
Expense on warrants and convertible notes, net	-	-	-	-4,684
Gain on debt extinguishment	7,246	33,361	-	-
Net income (loss) before income taxes	54,329	-128,396	-240,025	-109,074
Provision for income taxes	728	185	107	-409
Profit Loss	-	-	-	-108,665
Net loss attributable to noncontrolling interests	-	-	-	0
Net income (loss)	53,601	-128,581	-240,132	-108,665

Net income (loss) per share, basic (in dollars per share)	0.56	-1.44	-2.87	-1.31
Net income (loss) per share, diluted (in dollars per share)	0.45	-1.44	-2.87	-1.31
Weighted-average number of shares outstanding used in computing net income (loss) per share, basic (in shares)	96,030,558	89,450,038	83,765,896	82,771,268
Weighted-average number of shares outstanding used in computing net income (loss) per share, diluted (in shares)	107,492,735	89,450,038	83,765,896	82,771,268