Upstart Holdings, Inc.
UPSTFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
629
Cost of Revenue
0
Gross Profit
629
Gross Margin
100.0%
Operating Income
-173
Operating Margin
-27.5%
Net Income
-129
Net Margin
-20.4%
EPS (Basic)
$-1.44
EPS (Diluted)
$-1.44
EBITDA
-112
EBITDA Margin
-17.8%
2023
12/31/2023
Revenue
508
Cost of Revenue
0
Gross Profit
508
Gross Margin
100.0%
Operating Income
-257
Operating Margin
-50.5%
Net Income
-240
Net Margin
-47.3%
EPS (Basic)
$-2.87
EPS (Diluted)
$-2.87
EBITDA
-197
EBITDA Margin
-38.7%
2022
12/31/2022
Revenue
838
Cost of Revenue
0
Gross Profit
838
Gross Margin
100.0%
Operating Income
-114
Operating Margin
-13.6%
Net Income
-109
Net Margin
-13.0%
EPS (Basic)
$-1.31
EPS (Diluted)
$-1.31
EBITDA
-90
EBITDA Margin
-10.7%
2021
12/31/2021
Revenue
847
Cost of Revenue
0
Gross Profit
847
Gross Margin
100.0%
Operating Income
141
Operating Margin
16.6%
Net Income
135
Net Margin
16.0%
EPS (Basic)
$1.73
EPS (Diluted)
$1.43
EBITDA
153
EBITDA Margin
18.1%
2020
12/31/2020
Revenue
222
Cost of Revenue
0
Gross Profit
222
Gross Margin
100.0%
Operating Income
12
Operating Margin
5.3%
Net Income
6
Net Margin
2.7%
EPS (Basic)
$0.27
EPS (Diluted)
$0.23
EBITDA
22
EBITDA Margin
9.9%