Upstart Holdings
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Upstart Holdings's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 40% to $513,562,000. Profit margin reached -47%. Total operating expenses were $770,087,000.

Profit Margin

Upstart Holdings, Inc. (NASDAQ:UPST): Profit margin
2017 66.70M -7.71M -11.57%
2018 125.79M -12.31M -9.79%
2019 190.67M -466K -0.24%
2020 241.44M 5.98M 2.48%
2021 851.86M 135.44M 15.9%
2022 853.28M -108.66M -12.73%
2023 513.56M -240.13M -46.76%

UPST Income Statement (2017 – 2023)

2023 2022 2021 2020 2019 2018 2017
Revenue
Revenue
513.56M853.28M851.86M241.44M190.67M125.79M66.70M
Cost of revenue
24.90M187.99M117.57M37.58M24.94M15.41M10.23M
Gross profit
488.65M665.29M734.28M203.86M165.72M110.38M56.47M
Operating exp.
Research and development
280.13M237.24M133.99M38.80M18.77M8.41M5.32M
Selling and marketing
127.14M345.77M333.45M99.65M93.17M63.63M33.83M
Total operating expenses
770.08M772.99M597.30M190.13M145.22M95.11M55.91M
Operating income
-256.52M-103.02M145.39M19.79M21.91M18.51M1.88M
Other income (expenses), net
16.49M-6.05M-11.66M-5.81M-26.85M-29.73M-8.85M
Income before tax
-240.02M-109.07M133.73M5.95M-4.94M-11.21M-8.85M
Income tax expense
107K409K1.71M371K74K1.10M6K
Net income
-240.13M-108.66M135.44M5.98M-466K-12.31M-7.71M
Earnings per share
Basic EPS
-2.87-1.311.730.08-0.00-0.87-0.56
Diluted EPS
-2.87-1.311.430.08-0.00-0.87-0.56
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