Upstart Holdings (UPST) EBT Margin (2020 - 2026)

Upstart Holdings has disclosed EBT Margin across 7 years of filings, most recently posting 2.37% for Q1 2026.

• In Q1 2026, EBT Margin fell 106.0% year-over-year to 2.37%; the TTM figure through Mar 2026 stood at 4.74% (up 1452.0% YoY), while the FY2025 annual figure was 5.72%, up 2592.0% from the prior year.
• EBT Margin eased to 2.37% in Q1 2026, from 7.22% in the prior quarter.
• Over the last five years, EBT Margin for UPST reached as high as 12.35% in Q3 2025 and fell as low as 125.56% in Q1 2023.
• The 5-year median for EBT Margin is 11.55% (2022), against an average of 20.16%.
• Annual changes were most pronounced in 2023 — EBT Margin tumbled 13598 bps — and 2024, when it surged 7879 bps.
• A 5-year view of EBT Margin shows it stood at 37.93% in 2022, then surged by 40 bps to 22.62% in 2023, then surged by 94 bps to 1.33% in 2024, then soared by 645 bps to 7.22% in 2025, then tumbled by 133 bps to 2.37% in 2026.
• According to Business Quant data, EBT Margin over the past three periods registered 2.37%, 7.22%, and 12.35% for Q1 2026, Q4 2025, and Q3 2025 respectively.