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Upstart Holdings, Inc. (UPST)
NASDAQ: UPST · Real-Time Price · USD
66.83
+3.42 (5.39%)
At close: Aug 13, 2025, 4:00 PM
67.25
+0.42 (0.63%)
After-hours: Aug 13, 2025, 7:59 PM EDT

Upstart Holdings Operating Metrics

Period Ending Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019
Contribution Margin
58.00% 55.00% 61.00% 64.00% 58.00% 56.00% 63.00% 64.00%

Revenue by Segment
Period Ending Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019
Fees
793.12M 682.87M 635.47M 589.04M 568.20M 581.36M 560.43M 563.18M
Fees Growth
39.58% 17.46% 13.39% 4.59% -4.63% -18.17% -38.23% -45.80%
Net Interest Income
58.65M 39.23M 1.06M -31.16M -37.91M -42.93M -46.87M -43.02M

Contribution Profit
Period Ending Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019
Contribution Profit
467.19M 402.76M 381.53M 355.23M 347.05M 366.84M 353.32M 339.72M
Contribution Profit Growth
34.62% 9.79% 7.99% 4.56% 1.62% 0.06% -20.93% -33.89%

Conversion Rate
Period Ending Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020
Conversion Rate
23.90% 19.10% 19.30% 16.30% 15.00% 14.00% 11.60% 9.50%
Conversion Rate Growth
59.33% 36.43% 66.38% 71.58% 66.67% 75.00% 5.45% -2.06%

Percent Loans Fully Automated
Period Ending Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018
Percent Loans Fully Automated
92.00% 92.00% 91.00% 90.00% 90.00% 90.00% 89.00% 88.00%
Percent Loans Fully Automated Growth
2.22% 2.22% 2.25% 2.27% 3.45% 7.14% 8.54% 17.33%

Transaction Volume
Period Ending Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020
Transaction Volume
8.66B 6.94B 5.94B 5.08B 4.70B 4.78B 4.65B 4.93B
Transaction Volume Growth
84.16% 45.24% 27.84% 3.04% -15.49% -37.66% -58.54% -64.14%

Operating Expense Breakdown
Period Ending Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019
Engineering and Product Development
258.77M 248.40M 253.65M 243.58M 233.64M 233.16M 280.14M 287.02M
Engineering and Product Development Growth
10.76% 6.54% -9.45% -15.13% -21.67% -21.58% 18.08% 30.63%
General, Administrative, and Other
245.43M 233.88M 230.94M 226.28M 219.91M 217.34M 212.39M 203.76M
General, Administrative, and Other Growth
11.61% 7.61% 8.73% 11.05% 11.06% 11.74% 14.62% 13.06%
Sales and Marketing
230.77M 190.62M 166.80M 150.11M 139.92M 130.86M 127.14M 139.12M
Sales and Marketing Growth
64.93% 45.67% 31.19% 7.90% -13.86% -46.32% -63.23% -66.05%
Customer Operations
166.65M 159.09M 158.00M 153.51M 150.40M 148.52M 149.70M 157.07M
Customer Operations Growth
10.80% 7.12% 5.54% -2.26% -9.34% -17.57% -20.37% -15.35%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.