earnings
confidence high
sentiment neutral
materiality 0.70
Upstart Q1 revenue up 44% to $308M, net loss widens to $6.6M; FY guidance reaffirmed
Upstart Holdings, Inc.
2026-Q1 EPS reported
-$0.07
revenue$308,214,000
- Total originations of $3.4B (+61% YoY); transaction volume of 425,356 loans (+77% YoY).
- Revenue from fees of $277M (+49% YoY); contribution margin of 50% vs 55% in Q1 2025.
- GAAP net loss per share ($0.07); adjusted EBITDA of $40.5M vs $42.6M in prior year.
- Full-year 2026 outlook unchanged: total revenue ~$1.4B, adjusted EBITDA ~$294M (21% margin).
- CEO Paul Gu highlights application for national bank charter and rapid growth in home and auto.
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