Upstart Holdings, Inc. (UPST) FY2026 YTD Q2 P&L / Income Statement

Revenue by Product and Service

2026-01-01 to 2026-06-30

Swipe to see the full flow
Upstart Holdings, Inc. (UPST) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEOPERATINGPRE-TAXNETRevenue from fees, netTotal interest income, interest expense, and fair value adjustments, netTotal revenueIncome from operationsTotal operating expensesTotal operating expensesOther income (expense), net (calculated)Net income before income taxesNet incomeProvision for income taxesOther income (expense), net (calculated)Other income,net (calculated)$3.47 MNet income before income taxesNet income beforeincome taxes$10.59 MTotal revenueTotal revenue$672.92 MIncome from operationsIncome from operations$7.12 MNet incomeNet income$9.89 MTotal operating expensesTotal operatingexpenses$665.80 MProvision for income taxesProvision forincome taxes$698.00 KRevenue from fees, netRevenue from fees, net$625.08 MTotal operating expensesTotal operating expenses$665.80 MTotal interest income, interest expense, and fair value adjustments, netTotal interest income,interest expense, and fairvalue adjustments, net$47.84 M
Chart details

Upstart Holdings, Inc. (UPST) FY2026 YTD Q2 P&L / Income Statement

Income statement for 2026-01-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenue
672,922,000 US dollars
Total operating expenses
665,801,000 US dollars
Income from operations
7,121,000 US dollars
Other income (expense), net (calculated)
3,470,000 US dollars
Net income before income taxes
10,591,000 US dollars
Provision for income taxes
698,000 US dollars
Net income
9,893,000 US dollars
Total interest income, interest expense, and fair value adjustments, net
47,840,000 US dollars
Revenue from fees, net
625,082,000 US dollars
Total operating expenses
665,801,000 US dollars

Chart connections

  • Revenue minus operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
Upstart Holdings, Inc. (UPST) FY2026 YTD Q2 P&L / Income Statement Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

1.1%

Operating profit / revenue

Cash conversion

−2728.5%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!