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Upstart Holdings, Inc. UPST Payable to investors

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Other financials

Income statement

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Revenue$308.2M+44.4%
Operating income-$7.5M-67.2%
Net income-$6.6M-172%
EPS (diluted)-$0.07-133%

Balance sheet

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Cash & equivalents$931.3M+10.9%
Total debt$1.9B+40.3%
Total equity$733.2M+8.4%
Total assets$3.0B+29.0%

Cash flow

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Operating cash flow-$133.3M-888%
CapEx$2.8M
Free cash flow-$136.0M-909%

Valuation

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Market cap$3.12B-43.6%

Profitability

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Operating margin3.5%+1.9pp
Net margin4.3%+2.6pp
FCF margin27%+16.9pp

Returns & leverage

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Return on equity7%+4.4pp
Debt / equity2.6×+0.6×

Where this comes from

Reported directly by Upstart Holdings, Inc. in its filing.

Tagged under the XBRL concept upst:PayableToInvestors.

The official record: Upstart Holdings, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Upstart Holdings, Inc.'s payable to investors?
Upstart Holdings, Inc. (UPST) reported payable to investors of $125.52M in Q1 2026.
How has Upstart Holdings, Inc.'s payable to investors changed year-over-year?
Upstart Holdings, Inc.'s payable to investors increased by 51.0% year-over-year, from $83.11M to $125.52M.
What is the long-term trend for Upstart Holdings, Inc.'s payable to investors?
Over 5 years (2020 to 2025), Upstart Holdings, Inc.'s payable to investors has grown at a 18.8% compound annual growth rate (CAGR), from $45.5M to $107.66M.
What does payable to investors mean?
This represents long-term obligations owed to third-party investors who have purchased interests in loans or financial products originated or managed by the company. It reflects the company's role as an intermediary and the scale of capital sourced from external partners to fund its lending ecosystem.