Upstart Holdings (UPST) Gross Profit (2020 - 2026)
Upstart Holdings (UPST) posted quarterly Gross Profit of $222.0 million for Q1 2026, up 53.11% YoY from $145.0 million in Q1 2025, and up 121.41% sequentially from $100.2 million in Q4 2025.
Upstart Holdings (UPST) Gross Profit (2020 - 2026) Analysis & Trends
Upstart Holdings has disclosed Gross Profit across 7 years of filings, most recently posting $222.0 million for Q1 2026.
- In Q1 2026, Gross Profit rose 53.11% year-over-year to $222.0 million; the TTM figure through Mar 2026 stood at $742.0 million (up 45.11% YoY), while the FY2025 annual figure was $648.5 million, up 38.37% from the prior year.
- Gross Profit rose to $222.0 million in Q1 2026, from $100.2 million in the prior quarter.
- Over the last five years, Gross Profit for UPST reached as high as $265.6 million in Q1 2022 and fell as low as $62.3 million in Q1 2023.
- The 5-year median for Gross Profit is $134.3 million (2022), against an average of $144.2 million.
- Annual changes were most pronounced in 2022 — Gross Profit soared 168.85% — and 2023, when it sank 76.53%.
- A 5-year view of Gross Profit shows it stood at $103.4 million in 2022, then jumped by 46.06% to $151.1 million in 2023, then fell by 0.79% to $149.9 million in 2024, then slumped by 33.11% to $100.2 million in 2025, then soared by 121.41% to $222.0 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $222.0 million, $100.2 million, and $208.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn |
| 10 | Upstart Holdings | 3.46 Bn | 2.99 Bn | 221.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 221.97 Mn |
| Mar 31, 2026 | 221.97 Mn |
| Dec 31, 2025 | 100.25 Mn |
| Dec 31, 2025 | 100.25 Mn |
| Sep 30, 2025 | 208.75 Mn |
| Sep 30, 2025 | 208.75 Mn |
| Jun 30, 2025 | 211.05 Mn |
| Jun 30, 2025 | 211.05 Mn |
| Mar 31, 2025 | 144.97 Mn |
| Mar 31, 2025 | 144.97 Mn |
| Dec 31, 2024 | 149.87 Mn |
| Dec 31, 2024 | 149.87 Mn |
| Sep 30, 2024 | 118.91 Mn |
| Sep 30, 2024 | 118.91 Mn |
| Jun 30, 2024 | 97.57 Mn |
| Jun 30, 2024 | 97.57 Mn |
| Mar 31, 2024 | 102.92 Mn |
| Mar 31, 2024 | 102.92 Mn |
| Dec 31, 2023 | 151.06 Mn |
| Dec 31, 2023 | 151.06 Mn |