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Upstart Holdings, Inc. UPST Beneficial interests obtained in connection with loan sales

Beneficial interests obtained in connection with loan sales at other companies

SoFi Technologies, Inc. logo
SoFi Technologies, Inc.SOFI
$517K-10.7%
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CarMaxKMX
$4.47M
Nelnet logo
NelnetNNI
$7.2M
Granite Point Mortgage Trust logo
Granite Point Mortgage TrustGPMT
$535.72M-30.7%
Harley-Davidson logo
Harley-DavidsonHOG
$10.26M
JPMorgan Chase logo
JPMorgan ChaseJPM
$27.09B+9.8%

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:BeneficialInterestsObtainedInConnectionWithLoanSale.

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 beneficial interests obtained in connection with loan sales?
Upstart Holdings, Inc. (UPST) reported beneficial interests obtained in connection with loan sales of $113.63M in Q1 2026.
How has Upstart Holdings, Inc.'s beneficial interests obtained in connection with loan sales changed year-over-year?
Upstart Holdings, Inc.'s beneficial interests obtained in connection with loan sales increased by 198.0% year-over-year, from $38.13M to $113.63M.
What does beneficial interests obtained in connection with loan sales mean?
Represents the non-cash value of retained interests in securitized loan pools, such as residual certificates or interest-only strips. It indicates the portion of the securitized asset's future cash flows that the company retains, reflecting ongoing exposure to the underlying credit performance.