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Other financials

Income statement

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Revenue$364.7M+41.7%
Operating income$14.6M+222%
Net income$16.5M+195%
EPS (diluted)$0.16+220%

Balance sheet

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Cash & equivalents$456.0M-35.0%
Total debt$2.0B+37.6%
Total equity$797.5M+10.5%
Total assets$3.2B+28.0%

Cash flow

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Operating cash flow-$136.6M-13.7%
CapEx$2.1M+1,690%
Free cash flow-$138.7M-15.3%

Valuation

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Market cap$2.89B-55.2%
Enterprise value$4.46B-38.3%
P/E47.9×
P/S2.3×-5.3×

Profitability

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Operating margin4%+2.5pp
Net margin4.8%+4.3pp
FCF margin27%+16.9pp

Returns & leverage

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Return on equity7.9%+7.2pp
Debt / equity2.5×+0.5×

Where this comes from

Calculated from Upstart Holdings, Inc.’s reported figures.

$7.5Mebit+
$5.9MDepreciation Depletion & Amortization
=-$1.66M

The source filing: Upstart Holdings, Inc.’s 10-Q, filed May 5, 2026. Open the filing →

Filed
May 5, 2026, 4:08 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001647639-26-000046

FAQ

What is Upstart Holdings, Inc.'s EBITDA?
Upstart Holdings, Inc. (UPST) reported EBITDA of -$1.66M in Q1 2026.
How has Upstart Holdings, Inc.'s EBITDA changed year-over-year?
Upstart Holdings, Inc.'s EBITDA decreased by 187.2% year-over-year, from $1.9M to -$1.66M.
What is the long-term trend for Upstart Holdings, Inc.'s EBITDA?
Over 4 years (2021 to 2025), Upstart Holdings, Inc.'s EBITDA has grown at a -17.9% compound annual growth rate (CAGR), from $148.42M to $67.47M.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

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