Upstart Holdings, Inc.
UPSTFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
677
Cost of Revenue
48
Gross Profit
629
Gross Margin
92.9%
Operating Income
-128
Operating Margin
-19.0%
Net Income
-129
Net Margin
-19.0%
EPS (Basic)
$-1.44
EPS (Diluted)
$-1.44
EBITDA
-108
EBITDA Margin
-15.9%
2023
12/31/2023
Revenue
548
Cost of Revenue
40
Gross Profit
508
Gross Margin
92.8%
Operating Income
-240
Operating Margin
-43.8%
Net Income
-240
Net Margin
-43.8%
EPS (Basic)
$-2.87
EPS (Diluted)
$-2.87
EBITDA
-215
EBITDA Margin
-39.3%
2022
12/31/2022
Revenue
853
Cost of Revenue
16
Gross Profit
838
Gross Margin
98.2%
Operating Income
-109
Operating Margin
-12.8%
Net Income
-109
Net Margin
-12.7%
EPS (Basic)
$-1.31
EPS (Diluted)
$-1.31
EBITDA
-96
EBITDA Margin
-11.2%
2021
12/31/2021
Revenue
850
Cost of Revenue
3
Gross Profit
847
Gross Margin
99.6%
Operating Income
134
Operating Margin
15.7%
Net Income
135
Net Margin
15.9%
EPS (Basic)
$1.73
EPS (Diluted)
$1.43
EBITDA
141
EBITDA Margin
16.6%
2020
12/31/2020
Revenue
230
Cost of Revenue
8
Gross Profit
222
Gross Margin
96.5%
Operating Income
6
Operating Margin
2.6%
Net Income
6
Net Margin
2.6%
EPS (Basic)
$0.27
EPS (Diluted)
$0.23
EBITDA
8
EBITDA Margin
3.6%