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
DateValue
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