Upstart Holdings (UPST) Gross Profit (2020 - 2026)
Upstart Holdings (UPST) posted quarterly Gross Profit of $222.0 million for Q1 2026, up 53.11% year-over-year from $145.0 million in Q1 2025, and up 47.58% quarter-over-quarter from $150.4 million in Q4 2025.
Analysis
Upstart Holdings (UPST) Gross Profit (2020 - 2026) Analysis & Trends
Upstart Holdings (UPST) has reported Gross Profit for 7 consecutive years, with $222.0 million the latest figure, recorded in 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 $810.7 million (up 55.65% YoY), while the FY2025 annual figure was $761.6 million, up 59.51% from the prior year.
- Gross Profit grew to $222.0 million in Q1 2026 per UPST's latest filing, from $150.4 million in the prior quarter.
- Across five years, Gross Profit topped out at $261.7 million in Q1 2022 and bottomed at $47.3 million in Q4 2022.
- Historically, Gross Profit has averaged $142.5 million across 5 years, with a median of $134.3 million in 2022.
- On a YoY basis, Gross Profit climbed as much as 164.96% in 2022 and fell as far as 83.9% in 2022.
- Upstart Holdings' Gross Profit stood at $47.3 million in 2022, then soared by 120.37% to $104.2 million in 2023, then soared by 52.29% to $158.7 million in 2024, then fell by 5.21% to $150.4 million in 2025, then surged by 47.58% to $222.0 million in 2026.
- Business Quant data shows UPST's Gross Profit at $222.0 million in Q1 2026, $150.4 million in Q4 2025, and $227.3 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn |
| 10 | Upstart Holdings | 2.83 Bn | 2.38 Bn | 303.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 303.39 Mn |
| Jun 30, 2026 | 303.39 Mn |
| Mar 31, 2026 | 253.12 Mn |
| Mar 31, 2026 | 253.12 Mn |
| Dec 31, 2025 | 244.25 Mn |
| Dec 31, 2025 | 244.25 Mn |
| Sep 30, 2025 | 227.32 Mn |
| Sep 30, 2025 | 227.32 Mn |
| Jun 30, 2025 | 211.05 Mn |
| Jun 30, 2025 | 211.05 Mn |
| Mar 31, 2025 | 172.87 Mn |
| Mar 31, 2025 | 172.87 Mn |
| Dec 31, 2024 | 159.74 Mn |
| Dec 31, 2024 | 159.74 Mn |
| Sep 30, 2024 | 128.29 Mn |
| Sep 30, 2024 | 128.29 Mn |
| Jun 30, 2024 | 91.85 Mn |
| Jun 30, 2024 | 91.85 Mn |
| Mar 31, 2024 | 98.66 Mn |
| Mar 31, 2024 | 98.66 Mn |