Upstart Q4 revenue up 35% on higher fees

Reuters
9 hours ago
<a href="https://laohu8.com/S/UPST">Upstart</a> Q4 revenue up 35% on higher fees

Overview

  • AI lending marketplace's Q4 revenue grew 35% YoY

  • Net income for Q4 improved to $18.6 mln from a loss last year

  • Company announced leadership change with Paul Gu as new CEO

Outlook

  • Upstart expects full-year 2026 revenue of approximately $1.4 bln

  • Company targets compound annual revenue growth of 35% for 2025-2028

  • Upstart plans to publish monthly origination volumes starting today

Result Drivers

  • LOAN ORIGINATIONS - Upstart's auto and home loan originations grew 5X in 2025, accelerating further in Q4

  • BALANCE SHEET REDUCTION - Co reduced loans on balance sheet by 20% quarter-over-quarter, expecting trend to continue

  • FEE REVENUE INCREASE - Revenue from fees rose 33% YoY, contributing to total revenue growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Fees Revenue

$265.22 mln

Q4 EPS

$0.17

Q4 Net Income

$18.64 mln

Q4 Operating Expenses

$277.17 mln

Q4 Pretax Profit

$19.16 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the consumer lending peer group is "buy"

  • Wall Street's median 12-month price target for Upstart Holdings Inc is $59.00, about 51.9% above its February 9 closing price of $38.85

  • The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nBw640WK1a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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