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.
Key figures
- Eps
- 0.16
- Revenue
- $365 million
- Guidance
- FY26 Total Revenue approx $1.4B; Adj EBITDA approx $294M (21%)
- Revenue Yoy
- 42%
- Net income
- 16500000
- Originations
- 4200000000
- Adjusted ebitda
- 76900000
- Operating income
- 14600000
- Contribution profit
- 193000000
AI analysis
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