Upstart Holdings reported a gross margin of 83.19% and a net margin of 4.53% for the quarter ended Jun 2026. These financial ratios cover 26 quarters of results from Mar 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||
| Gross Margin | 84.69% | 86.53% | 84.58% | 80.23% | 74.89% | 72.05% | 65.35% | 74.39% | 74.85% | 76.37% | 71.46% | 70.36% | 76.55% | 79.73% | 81.02% | 82.03% | 82.03% | 82.49% | 82.12% | 83.19% | ||||||
| EBT Margin | 12.19% | 19.44% | 10.42% | -11.55% | -31.34% | -35.81% | -110.33% | -19.59% | -27.46% | -27.70% | -46.78% | -41.72% | -4.01% | -1.32% | -1.13% | 2.20% | 11.52% | 6.47% | -2.13% | 4.70% | ||||||
| EBIT Margin | 12.52% | 19.82% | 11.09% | -12.43% | -32.39% | -37.60% | -112.54% | -23.21% | -29.88% | -31.08% | -48.87% | -42.51% | -26.94% | -2.37% | -2.11% | 1.77% | 8.54% | 6.39% | -2.44% | 4.01% | ||||||
| EBITDA Margin | 12.52% | 19.82% | 11.09% | -12.43% | -32.39% | -37.60% | -112.54% | -23.21% | -29.88% | -31.08% | -48.87% | -42.51% | -26.94% | -2.37% | -2.11% | 1.77% | 8.54% | 6.39% | -2.44% | 4.01% | ||||||
| Operating Margin | 12.52% | 19.82% | 11.09% | -12.43% | -32.39% | -37.60% | -112.54% | -23.21% | -29.88% | -31.08% | -48.87% | -42.51% | -26.94% | -2.37% | -2.11% | 1.77% | 8.54% | 6.39% | -2.44% | 4.01% | ||||||
| Net Margin | 12.74% | 19.34% | 10.41% | -11.56% | -31.35% | -35.52% | -110.34% | -19.60% | -27.47% | -27.74% | -46.79% | -41.73% | -4.03% | -1.38% | -1.15% | 2.18% | 11.48% | 6.29% | -2.16% | 4.53% | ||||||
| FCF Margin | 17.86% | -4.79% | -86.14% | -21.99% | -58.76% | -153.80% | -68.36% | 149.87% | -75.31% | -96.19% | 31.34% | 54.61% | 105.59% | -57.08% | -9.21% | -48.35% | -45.66% | 35.39% | -44.62% | -38.61% | ||||||
| Efficiency | ||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 1,255.36M | 1,713.29M | 1,904.02M | 1,952.30M | 1,916.16M | 1,925.68M | 1,878.89M | 1,792.72M | 1,882.75M | 2,009.44M | 1,972.38M | 1,873.95M | 1,814.60M | 2,087.97M | 2,331.62M | 2,387.07M | 2,691.36M | 2,939.83M | 2,968.24M | 3,066.48M | ||||||
| Invested CapitalInvested Cap. | 649.22M | 695.43M | 769.22M | 856.55M | 918.92M | 986.39M | 1,000.87M | 930.65M | 1,003.39M | 1,040.42M | 1,005.28M | 912.73M | 887.37M | 1,402.17M | 1,334.86M | 1,428.48M | 1,855.75M | 1,829.14M | 1,921.66M | 2,003.13M | ||||||
| Asset Utilization RatioAsset Util. | 0.50 | 0.50 | 0.55 | 0.57 | 0.55 | 0.47 | 0.38 | 0.33 | 0.30 | 0.28 | 0.29 | 0.30 | 0.32 | 0.30 | 0.31 | 0.35 | 0.35 | 0.36 | 0.38 | 0.41 | ||||||
| Leverage & Solvency | ||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | 36.32 | -13.88 | -19.05 | -12.94 | -18.48 | -7.79 | -4.66 | -3.38 | -6.30 | -4.84 | -4.17 | -0.64 | -0.64 | 0.58 | 2.69 | 2.34 | -0.72 | 1.17 | ||||||||
| Times Interest Earned | 36.32 | -13.88 | -19.05 | -12.94 | -18.48 | -7.79 | -4.66 | -3.38 | -6.30 | -4.84 | -4.17 | -0.64 | -0.64 | 0.58 | 2.69 | 2.34 | -0.72 | 1.17 | ||||||||
| Dividends & Payouts | ||||||||||||||||||||||||||
| FCF Payout RatioFCF Cover | ||||||||||||||||||||||||||
| Valuation | ||||||||||||||||||||||||||
| Enterprise Value | -364.18M | 8.48M | 11.20M | 13.16M | -778.33M | -595.75M | -385.41M | -476.60M | -647.31M | -469.70M | -445.80M | |||||||||||||||
| Return Ratios | ||||||||||||||||||||||||||
| Return on SalesROS | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||
| Return on Invested CapitalROIC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||
| Return on AssetsROA | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |