Upstart Holdings, Inc. (UPST) Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. The company operates through three segments: Personal Lending, Auto Lending, and Other. Its platform includes unsecured personal loans, small dollar loans, auto refinance, auto retail loans, and auto secured personal loan, and home equity lines of credit. Upstart Holdings, Inc. was founded in 2012 and is headquartered in San Mateo, California.
Sector: Finance Services
Industry: Financial - Credit Services
Upstart Holdings, Inc. NASDAQ:UPST Financial Services · Financial - Credit Services
CLOSED · Nov 6 $21.89 CLOSED · Nov 6 Prev close $22.14 Close $21.89 AH close $21.78 VOL 4.58M $ Vol $100.89M RVOL 0.96x
Mkt Cap $2.17B
VOL 4.58M sh
$ Vol $100.89M
RVOL 0.96×
Press Release
Upstart Publishes October 2026 Originations and Latest UMI
Upstart published October 2026 originations of $1,249.2M across 25.95 origination days, or $48.1M per day.
The November 3 UMI reading improved to 1.53 from 1.49 in early October, indicating elevated but easing macro default risk; UMI has stayed above 1.0 since early 2022.
This is a routine monthly KPI update without earnings or guidance; originations data is unaudited and historically the largest predictor of revenue.
• 5d ago AI analysis › Press Release ● Major ⚠ 4
Upstart Announces Third Quarter 2026 Results
Upstart posted Q3 2026 revenue of $371 million, up 34% YoY, with record originations of $4.1 billion (up 44%) and 574,089 loans originated.
Contribution profit hit an all-time high of $218 million at a 60% margin, net income was $36.6 million ($0.33 diluted EPS), and secured products reached positive contribution margin (+17%) a quarter ahead of plan.
Management guided FY2026 to approximately $1.35 billion total revenue and $260 million Adjusted EBITDA (19% margin), but CEO Paul Gu cautioned that macro conditions are pressuring the near-term outlook.
Adjusted EBITDA margin slipped to 24% from 26% a year ago, and the company plans to discontinue reporting its conversion rate metric in Q1 2027.
• 5d ago AI analysis › Press Release
Upstart Co-founder and CEO to Participate in Fireside Chat at Citi’s Annual FinTech Conference 2026
Upstart announced that co-founder and CEO Paul Gu will participate in a fireside chat at Citi's Annual FinTech Conference on Tuesday, November 10, at 10:30 am PT (1:30 pm ET).
A live audio webcast will be available on Upstart's investor relations website, with a replay accessible for a limited period after the event.
This is a routine scheduling announcement with no new financial or business disclosures; the fireside chat itself on November 10 is the item to watch.
• 12d ago AI analysis › Press Release
MIT Federal Credit Union Expands Partnership with Upstart into Indirect Auto Lending
MIT Federal Credit Union has expanded its partnership with Upstart into indirect auto lending, adding a secured auto product to an existing personal-lending relationship that began in 2024.
MIT FCU serves over 35,000 members and becomes one of the more than 100 banks and credit unions on Upstart's AI lending marketplace.
The deal is incremental volume for Upstart's auto lending segment, though no financial terms or origination volume expectations were disclosed.
• 18d ago AI analysis › Press Release
Credit Union of Denver Partners with Upstart to Expand Access to Personal Lending
Credit Union of Denver has partnered with Upstart to offer personal loans through the Upstart lending marketplace, with lending live since April 2026.
Qualified applicants on Upstart.com receive tailored offers that transition into a Credit Union of Denver-branded experience for membership and loan closing.
For UPST, this adds one more credit-union distribution partner to a network of 100+ banks and credit unions; no financial terms were disclosed.
• 1mo ago AI analysis › Press Release
Upstart to Announce Third Quarter 2026 Results on November 3, 2026
Upstart Holdings (NASDAQ: UPST) will host a live video webcast to discuss third quarter 2026 financial results on Tuesday, November 3, 2026, at 8:00 a.m. ET.
The earnings release will be posted on ir.upstart.com approximately one hour before the call, with a replay available on the site.
Shareholders may submit questions via X (@Upstart) until 7:30 a.m. ET on the day of the call; the notice contains no financial results.
• 1mo ago AI analysis › Press Release ⚠ 1
Upstart Publishes September 2026 Originations and Latest UMI
Upstart published its September 2026 origination volume: $1,378.3M across 25.95 origination days, or $53.1M per day, modestly above the Q3 average of $51.6M per day.
The latest Upstart Macro Index (UMI) reading is 1.49, down slightly from 1.50 in early September, indicating macro default risk remains roughly 49% above a normal-economy baseline but well below the 2024 peak of 1.68.
The data is unaudited and preliminary; originations are historically the largest predictor of Upstart's total revenue, so this is a soft monthly tracking datapoint rather than a formal results announcement.
• 1mo ago AI analysis › Press Release
KBRA Assigns Preliminary Ratings to Upstart Securitization Trust 2026-4
KBRA assigned preliminary ratings to five classes of notes in Upstart Securitization Trust 2026-4, a $400.0 million consumer loan ABS backed by unsecured and auto-secured personal loans originated on Upstart's platform.
This is the 52nd ABS securitization from loans originated through Upstart Network, a wholly owned subsidiary of Upstart Holdings (NASDAQ: UPST), indicating continued securitization-market access.
Initial credit enhancement ranges from 65.30% on the Class A notes to 20.50% on the Class D notes; the roughly $500 million collateral pool includes about 5% auto-secured loans as of the August 10, 2026 cutoff.
• 1mo ago AI analysis › Press Release
Commonwealth Credit Union Expands Partnership with Upstart into HELOC and Indirect Auto Lending
Commonwealth Credit Union, the largest Kentucky-headquartered credit union with more than 140,000 members, expanded its Upstart partnership into HELOCs and indirect auto lending.
The relationship began in 2022 with personal lending, and the expansion lets the credit union diversify its consumer lending portfolio and reach prime borrowers through Upstart's digital platform.
The deal adds a named bank-partner win to Upstart's 100+ lender network, though no loan volume or financial terms were disclosed.
• 1mo ago AI analysis › Press Release ⚠ 2
Upstart Publishes August 2026 Originations and Latest UMI
Upstart published August 2026 originations of $1,342.1M across 26.5 origination days, or $50.7M per day.
The September 3 UMI reading came in at 1.50, in line with the August 3 reading, keeping macro risk assumptions roughly 50% above the 1.0 level Upstart defines as a normal economy.
UMI has held above 1.0 since early 2022, reflecting sustained elevated default risk versus the long-run baseline, though the current reading sits below the series peak of 1.68 reached in 2024.
The originations data are unaudited, preliminary, and presented without commentary or period-over-period comparison.
• 2mo ago AI analysis › Press Release
Lifshitz Law PLLC Announces Investigations of United Homes Group, Inc. (NASDAQ: UHG), Upstart Holdings, Inc. (NASDAQ: UPST), Medpace Holdings, Inc. (NASDAQ: MEDP), and Gossamer Bio, Inc. (NASDAQ: GOSS)
Lifshitz Law PLLC announced an investigation into Gossamer Bio regarding possible securities law violations related to the design of its Phase 3 PROSERA study.
The firm alleges the company concealed material adverse facts, specifically the failure to adequately control for placebo response at Latin American testing sites.
This is a routine solicitation encouraging GOSS investors to contact the law firm to discuss their rights.
• 2mo ago AI analysis › Press Release
Upstart Co-founder and CEO to Participate in Fireside Chat at the Goldman Sachs Communacopia and Technology Conference 2026
Upstart Holdings announced that Co-founder and CEO Paul Gu will participate in a fireside chat at the Goldman Sachs Communacopia and Technology Conference on September 8, 2026.
The session is scheduled for 11:30 am PT, and a live audio webcast will be accessible via the company's investor relations website.
A replay of the webcast will be made available for a limited time following the event.
• 2mo ago AI analysis › Press Release ● Major
Upstart Announces Second Quarter 2026 Results
Upstart reported Q2 revenue of $365 million, up 42% year-over-year, driven by a 50% surge in loan originations to $4.2 billion.
The company returned to GAAP profitability with net income of $16.5 million, or $0.16 per share, compared to $5.6 million in the prior year, aided by an all-time high contribution profit of $193 million.
For the full year 2026, Upstart maintained guidance for total revenue of approximately $1.4 billion and Adjusted EBITDA of roughly $294 million.
• 3mo ago AI analysis › Press Release ⚠ 1
Upstart Publishes July 2026 Originations and Latest UMI
Upstart reported July 2026 originations of $1.397 billion, translating to a daily run rate of $51.0 million over 27.4 effective funding days.
The company's Upstart Macro Index (UMI) ticked up slightly to 1.50 from 1.49, indicating credit losses are approximately 50% above the long-run baseline for a normal economy.
While the UMI remains below its 2024 peak of 1.68, the reading reflects the highest level of default risk assumptions since January 2026.
• 3mo ago AI analysis › Press Release ● Major
Upstart Announces Multi-Year $4 Billion Forward Flow Agreement with Castlelake
Upstart announced a multi-year forward-flow agreement with Castlelake, L.P., under which the firm will purchase up to $4 billion of consumer loans originated on the Upstart platform over a 24-month period.
This agreement represents the largest program between the two companies to date, building on a relationship established in 2023 and reinforcing institutional confidence in Upstart's AI-powered underwriting capabilities.
Castlelake is a global alternative investment manager managing approximately $38 billion in assets and acts as a strategic partner of Brookfield Asset Management.
• 3mo ago AI analysis › Press Release
Upstart Co-founder and CEO to Participate in Fireside Chat at the Bank of America 2026 SMID Cap Conference
Upstart announced that Co-founder and CEO Paul Gu will participate in a fireside chat at the Bank of America 2026 SMID Cap Conference on August 11.
The session is scheduled for 11:00 am ET and will be accessible via a live webcast on the company’s investor relations website, with a replay available afterward.
Upstart operates an AI lending marketplace connecting consumers to more than 100 banks and credit unions, automating over 90% of loans.
• 3mo ago AI analysis › Press Release ● Major ⚠ 3
Upstart Receives Conditional Approval from the OCC to Establish Upstart Bank
Upstart received conditional approval from the Office of the Comptroller of the Currency to establish Upstart Bank, N.A., marking a key step toward becoming the first nationally chartered bank built with AI-powered underwriting.
The proposed branchless bank, to be based in Delaware, aims to lower lending costs and expand product availability to all 50 states while complementing existing funding partnerships.
Operations cannot commence until Upstart secures remaining approvals from the FDIC and the Federal Reserve and satisfies customary capitalization and governance requirements.
• 3mo ago AI analysis › Press Release ⚠ 1
Upstart Streamlines UMI Reporting
Upstart announced a revision to its Upstart Macro Index (UMI) reporting methodology, moving to a publication-date-based naming convention and releasing data alongside monthly origination metrics to improve interpretability.
The latest UMI reading stands at 1.49, representing a 2% increase from 1.46 in early June, which indicates a slight uptick in macro-driven default risk assumptions.
Despite the rise, the index remains below its peak of 1.68 from January 2024 and is approximately 49% above the baseline of a normal economy.
• 4mo ago AI analysis › Press Release
Lifshitz Law PLLC Announces Investigations of Upstart Holdings, Inc. (NASDAQ: UPST), Commvault Systems, Inc. (NASDAQ: CVLT), Stellantis N.V. (NYSE: STLA), and Gossamer Bio, Inc. (NASDAQ: GOSS)
Lifshitz Law PLLC announced an investigation into Commvault Systems regarding potential securities laws violations and misleading guidance on annual recurring revenue.
The firm alleges the company failed to disclose material adverse facts about its fiscal year 2026 ARR growth environment, specifically regarding factors like sale type.
This is a solicitation for investors to contact the firm to discuss rights; no court certification or settlement has occurred.
• 4mo ago AI analysis › Press Release
Upstart to Announce Second Quarter 2026 Results on August 4, 2026
Upstart Holdings announced it will release its second quarter 2026 financial results on Tuesday, August 4, 2026, after the market closes.
The company will host a conference call to discuss the results at 1:30 p.m. PT / 4:30 p.m. ET on the same day, accessible via webcast or dial-in.
Upstart operates an AI lending marketplace that connects consumers with banks and credit unions for various credit products including personal, automotive, and home equity loans.
• 4mo ago AI analysis › Press Release ⚠ 1
Upstart Publishes June 2026 Origination Volume
Upstart released its monthly origination volume for June 2026, reporting preliminary transaction volume metrics on a unaudited basis.
June originations totaled $1.5 billion across 27.1 effective funding days, resulting in a daily run rate of $55.5 million.
For the second quarter of 2026, total origination volume reached $4.2 billion with a daily run rate of $53.9 million.
• 4mo ago AI analysis › Press Release
Upstart Publishes May 2026 UMI
Upstart released its May Macro Index (UMI) at 1.49, up from a revised 1.43 in April, indicating a slight increase in the macro-driven credit loss multiple.
The company noted that while the index rose sequentially, it remains below the elevated levels observed in early 2024.
Management clarified that risk models are regularly recalibrated to these conditions, so a UMI above 1.0 does not imply loans are underperforming.
• 4mo ago AI analysis › Press Release ● Major
Upstart Announces Agreement with Neuberger Specialty Finance for Investment in up to $600M of Consumer Loans
Upstart renewed its forward-flow agreement with Neuberger Specialty Finance, targeting an expected investment of up to $600 million in consumer loans originated through the Upstart platform.
Neuberger's Managing Director Peter Sterling cited Upstart's disciplined credit approach and execution as key drivers for the continued relationship.
The agreement strengthens Upstart's institutional funding ecosystem, enabling the company to offer more competitive rates and improved experiences for borrowers.
• 4mo ago AI analysis › Press Release
KBRA Assigns Preliminary Ratings to Upstart Securitization Trust 2026-3
businesswire.com • 4mo ago Press Release
Lawsuit Notice: Investors Who Hold Upstart Holdings, Inc. (NASDAQ:UPST) Shares Should Contact the Shareholders Foundation
Shareholders Foundation Inc., a portfolio legal monitoring service, issued a solicitation notice to investors regarding a pending lawsuit against Upstart Holdings.
The underlying lawsuit, filed by an investor in April 2026, alleges securities violations concerning the accuracy and risk-separation processes of the company's 'Model 22' AI platform.
The release, which explicitly states Shareholders Foundation is not a law firm, invites investors who purchased shares prior to May 2025 to contact the service regarding the case.
• 4mo ago AI analysis › Press Release
Upstart Publishes May 2026 Origination Volume
Upstart reported May 2026 origination volume of $1.45 billion, facilitated across 25 effective origination days.
This translates to a daily origination rate of $58.2 million, providing a snapshot of lending activity ahead of the next quarterly earnings report.
The data is unaudited and preliminary, serving as a key leading indicator for the company’s revenue trajectory.
• 5mo ago AI analysis › Press Release
Upstart Publishes April 2026 UMI
Upstart published its April 2026 Upstart Macro Index (UMI), which rose to 1.46, reflecting elevated macroeconomic pressure on credit losses relative to baseline.
The index remains within the range observed since May 2025 but is below the elevated levels seen in early 2024.
Contextual macro data showed the personal savings rate fell to 2.6%, the lowest in nearly four years, while the unemployment rate held flat at 4.3%.
• 5mo ago AI analysis › 
