Quarterly ResultAug 4, 2026, 04:16 PM
Upstart Q2 Revenue +41.7% to $364.7M; Diluted EPS $0.16
AI Summary
Upstart Holdings, Inc. reported a strong second quarter for 2026, with total revenue increasing by 41.7% to $364.7 million and diluted earnings per share rising to $0.16. For the first six months of 2026, total revenue grew by 43% to $672.9 million, and net income per diluted share increased to $0.10. The company also saw an increase in total assets and borrowings, alongside a significant improvement in cash flow from investing activities.
Key Highlights
- Q2 2026 total revenue increased 41.7% to $364.7 million from $257.3 million in Q2 2025.
- Q2 2026 diluted EPS rose to $0.16, up from $0.05 in Q2 2025.
- Six-month 2026 total revenue grew 43% to $672.9 million from $470.7 million in 2025.
- Six-month 2026 diluted EPS increased to $0.10 from $0.03 in 2025.
- Total assets increased to $3.17 billion as of June 30, 2026, from $2.97 billion at year-end 2025.
- Net cash provided by investing activities was $95.0 million for six months 2026, compared to $(188.4) million used in 2025.
- Repurchases of stock totaled $100.1 million for the six months ended June 30, 2026.
- Customer A accounted for 36% of revenue and Customer B for 17% in Q2 2026.
Price Impact
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