founded by ex-googlers, upstart is the first lending platform to leverage artificial intelligence and machine learning to price credit and automate the borrowing process. upstart has demonstrated unparalleled credit performance and the industry’s highest consumer ratings. in addition to its direct-to-consumer lending platform, upstart provides technology to banks, credit unions and other partners via a saas offering called powered by upstart. learn more about upstart at https://www.upstart.com/about. find out how to join the team here at https://www.upstart.com/careers!
Company profile
Ticker
UPST
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Upstart Network, Inc. ...
IRS number
464332431
UPST stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
5 Apr 24
DEFA14A
Additional proxy soliciting materials
5 Apr 24
DEF 14A
Definitive proxy
5 Apr 24
S-8
Registration of securities for employees
16 Feb 24
10-K
2023 FY
Annual report
15 Feb 24
8-K
Upstart Announces Fourth Quarter and Full Year 2023 Results
13 Feb 24
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Upstart Announces Third Quarter 2023 Results
7 Nov 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
Upstart Announces Second Quarter 2023 Results
8 Aug 23
Transcripts
UPST
Earnings call transcript
2023 Q4
13 Feb 24
UPST
Earnings call transcript
2023 Q3
7 Nov 23
UPST
Earnings call transcript
2023 Q2
8 Aug 23
UPST
Earnings call transcript
2023 Q1
9 May 23
UPST
Earnings call transcript
2022 Q4
14 Feb 23
UPST
Earnings call transcript
2022 Q3
9 Nov 22
UPST
Earnings call transcript
2022 Q2
9 Aug 22
UPST
Earnings call transcript
2022 Q1
10 May 22
UPST
Earnings call transcript
2021 Q4
15 Feb 22
UPST
Earnings call transcript
2021 Q2
11 Aug 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 615.03 mm | 615.03 mm | 615.03 mm | 615.03 mm | 615.03 mm | 615.03 mm |
Cash burn (monthly) | (no burn) | 17.91 mm | 14.62 mm | 22.29 mm | 34.48 mm | 22.47 mm |
Cash used (since last report) | n/a | 119.13 mm | 97.22 mm | 148.30 mm | 229.36 mm | 149.49 mm |
Cash remaining | n/a | 495.90 mm | 517.80 mm | 466.72 mm | 385.67 mm | 465.54 mm |
Runway (months of cash) | n/a | 27.7 | 35.4 | 20.9 | 11.2 | 20.7 |
Institutional ownership, Q3 2023
48.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 295 |
Opened positions | 52 |
Closed positions | 59 |
Increased positions | 88 |
Reduced positions | 67 |
13F shares | Current |
---|---|
Total value | 1.07 tn |
Total shares | 42.49 mm |
Total puts | 9.88 mm |
Total calls | 8.40 mm |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 6.86 mm | $195.68 bn |
Khosla Ventures Associates V | 5.25 mm | $213.88 mm |
BLK Blackrock | 5.02 mm | $143.35 bn |
D. E. Shaw & Co. | 2.82 mm | $80.40 bn |
MS Morgan Stanley | 1.91 mm | $54.65 bn |
STT State Street | 1.75 mm | $49.91 bn |
Coatue Management | 1.66 mm | $47.51 bn |
Geode Capital Management | 1.50 mm | $42.87 bn |
GS Goldman Sachs | 1.43 mm | $40.79 bn |
BMO Bank of Montreal | 1.39 mm | $45.13 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Paul Gu | Common Stock | Sell | Dispose S | No | Yes | 26.3112 | 60,000 | 1.58 mm | 893,596 |
1 Apr 24 | Paul Gu | Common Stock | Option exercise | Acquire M | No | Yes | 0.6 | 60,000 | 36.00 k | 953,596 |
1 Apr 24 | Paul Gu | Employee Stock Option Common Stock | Option exercise | Dispose M | No | Yes | 0.6 | 60,000 | 36.00 k | 30,000 |
11 Mar 24 | Sanjay Datta | Common Stock | Sell | Dispose S | No | Yes | 27.5 | 1,000 | 27.50 k | 400,536 |
4 Mar 24 | Sanjay Datta | Common Stock | Sell | Dispose S | No | Yes | 26.21 | 1,000 | 26.21 k | 401,536 |
1 Mar 24 | Paul Gu | Common Stock | Sell | Dispose S | No | Yes | 26.1569 | 1,297 | 33.93 k | 893,596 |
1 Mar 24 | Paul Gu | Common Stock | Sell | Dispose S | No | Yes | 25.6366 | 28,703 | 735.85 k | 894,893 |
1 Mar 24 | Paul Gu | Common Stock | Option exercise | Acquire M | No | Yes | 0.6 | 30,000 | 18.00 k | 923,596 |
1 Mar 24 | Paul Gu | Employee Stock Option Common Stock | Option exercise | Dispose M | No | Yes | 0.6 | 30,000 | 18.00 k | 90,000 |
29 Feb 24 | Dave Girouard | Employee Stock Option Common Stock | Grant | Acquire A | No | No | 25.75 | 417,098 | 10.74 mm | 417,098 |
News
JMP Securities Reiterates Market Perform on Upstart Hldgs
17 Apr 24
Forecasting The Future: 5 Analyst Projections For Upstart Hldgs
4 Apr 24
B of A Securities Reinstates Underperform on Upstart Hldgs, Announces $22 Price Target
4 Apr 24
Apple Faces DOJ Scrutiny, but Not These 3 Under the Radar Names
26 Mar 24
Upstart Hldgs Unusual Options Activity For March 21
21 Mar 24
Press releases
Upstart to Report First Quarter 2024 Earnings on May 7, 2024
11 Apr 24
Former Upstart Founding Executive, Jeff Keltner, Joins LawFi as Strategic Advisor
9 Apr 24
Kaua'i Federal Credit Union Selects Upstart for Personal Lending
4 Apr 24
Revolutionizing Medical Histories: Treatment AI's (CSE: TRUE) Pioneering Approach to Culturally Sensitive Data Collection
2 Apr 24
Liberty Savings Bank Selects Upstart for Personal Lending
21 Mar 24