upst: the income statement

MyFinsight

For the quarter ending 2025-06-30, UPST made $257,291K in revenue. $5,607K in net income. Net profit margin of 2.18%.

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

Income Statement	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Total revenue	257,291	213,371	162,140	127,630
Sales and marketing	73,105	58,970	43,229	32,958
Engineering and product development	68,825	57,838	64,887	58,453
General, administrative, and other	64,573	60,558	59,874	53,021
Customer operations	46,246	40,501	39,302	38,684
Total operating expenses	252,749	217,867	207,292	183,116
Income (loss) from operations	4,542	-4,496	-45,152	-55,486
Other income, net	1,114	2,078	5,078	1,031
Gain on debt extinguishment	-	-	33,361	-
Net income (loss) before income taxes	5,656	-2,418	-6,713	-54,455
Provision for income taxes	49	29	45	15
Net income (loss)	5,607	-2,447	-6,758	-54,470

Net income (loss) per share, basic (in dollars per share)	0.06	-0.03	-0.07	-0.62
Net income (loss) per share, diluted (in dollars per share)	0.05	-0.03	-0.07	-0.62
Weighted-average number of shares outstanding used in computing net income (loss) per share, basic (in shares)	95,526,364	94,274,538	90,119,481	88,435,893
Weighted-average number of shares outstanding used in computing net income (loss) per share, diluted (in shares)	102,852,284	94,274,538	90,119,481	88,435,893