Upstart Holdings, Inc. (UPST) Form 8-K — Nov 3, 2026
Upstart (UPST) reported Q3 2026 results with total revenue of $371 million, up 34% YoY, and net income of $36.6 million ($0.33 diluted EPS, up from $0.23 a year ago). Originations hit a record $4.1 billion, up 44% YoY, with 574,089 loans originated. Profitability improved on multiple fronts: contribution profit reached an all-time high of $218 million (60% margin), Adjusted EBITDA rose 26% YoY to $89.3 million, and secured products (auto and home) turned contribution-margin positive (+17%) one quarter ahead of plan.
Key figures
- Eps
- 0.33
- Revenue
- 370522000
- Guidance
- FY2026 revenue from fees ~$1.32B; total revenue ~$1.35B; Adjusted EBITDA ~$260M (19% of total revenue)
- Net Income
- 36578000
- Total Debt
- 2027322000
- Revenue Yoy
- 34%
- Total Assets
- 3339042000
- Cash Position
- 461484000
- Loans yoy
- 34%
- Originations yoy
- 44%
- Adjusted ebitda q3
- 89332000
- Adjusted ebitda yoy
- 26%
- Contribution margin
- 60%
- Loans originated q3
- 574089
- Unsecured fee revenue
- 330000000
- Adjusted ebitda margin
- 24%
- Contribution profit q3
- 217970000
- Contribution profit yoy
- 48%
- Originations dollars q3
- 4117800000
- Income from operations q3
- 35999000
- Secured contribution margin
- +17%
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