Upstart (UPST) stock price, revenue, and financials
Upstart market cap is $7.8 b, and annual revenue was $164.19 m in FY 2019
$119.43
$7.8 B
UPST Mkt cap, 14-May-2021$121.3 M
Upstart Revenue Q1, 2021Upstart Net income (Q1, 2021)10.1 M
Upstart EBIT (Q1, 2021)15.6 M
Upstart Cash, 31-Mar-2021257 M
Upstart EV7.6 B
Upstart Revenue
Upstart revenue was $164.19 m in FY, 2019 which is a 65.3% year over year increase from the previous period.
Upstart Revenue Breakdown
Upstart revenue breakdown by business segment: 56.7% from Referral Fees, 33.4% from Platform Fees and 9.9% from Servicing Fees
Upstart Income Statement
Annual
| USD | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|
Revenue | 57.3m | 99.3m | 164.2m |
Revenue growth, % | 73% | 65% | |
Cost of goods sold | 10.2m | 15.4m | 24.9m |
Gross profit | 47.1m | 83.9m | 139.2m |
Gross profit Margin, % | 82% | 84% | 85% |
Sales and marketing expense | 33.8m | 63.6m | 93.2m |
R&D expense | 5.3m | 8.4m | 18.8m |
General and administrative expense | 15.4m | 19.8m | 31.9m |
Operating expense total | 54.6m | 91.9m | 143.8m |
EBIT | (7.5m) | (8.0m) | (4.6m) |
EBIT margin, % | (13%) | (8%) | (3%) |
Pre tax profit | (8.9m) | (11.2m) | (4.9m) |
Income tax expense | 6.0k | 74.0k | |
Net Income | (8.9m) | (11.2m) | (5.0m) |
EPS | (0.6) | (0.9) | 0.0 |
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|
Revenue | 19.6m | 32.5m | 49.5m | 64.0m | 17.4m | 65.4m | 121.3m |
Cost of goods sold | 4.5m | 5.4m | 6.7m | 8.8m | 6.6m | 9.4m | |
Gross profit | 15.1m | 27.1m | 42.8m | 55.2m | 10.7m | 56.0m | |
Gross profit Margin, % | 77% | 83% | 86% | 86% | 62% | 86% | |
Sales and marketing expense | 14.6m | 19.3m | 27.3m | 36.0m | 5.4m | 23.7m | 49.4m |
R&D expense | 2.9m | 3.5m | 5.1m | 7.0m | 7.7m | 10.0m | 19.0m |
General and administrative expense | 6.0m | 6.0m | 8.4m | 11.7m | 9.0m | 10.1m | 20.0m |
Operating expense total | 23.5m | 28.8m | 40.8m | 54.6m | 22.1m | 43.8m | 88.4m |
EBIT | (8.5m) | (1.6m) | 2.0m | 553.0k | (11.4m) | 12.2m | 15.6m |
EBIT margin, % | (43%) | (5%) | 4% | 1% | (66%) | 19% | 13% |
Interest expense | 1.0m | ||||||
Pre tax profit | (8.2m) | (1.5m) | (205.0k) | 992.0k | (6.1m) | 9.7m | |
Income tax expense | 221.0k | ||||||
Net Income | (8.2m) | (1.5m) | (205.0k) | 992.0k | (6.1m) | 9.7m | 10.1m |
Upstart Balance Sheet
Annual
| USD | FY, 2018 | FY, 2019 |
|---|---|---|
Cash | 73.0m | 44.4m |
Accounts Receivable | 10.8m | 42.4m |
Prepaid Expenses | 5.9m | 5.2m |
PP&E | 1.5m | 6.0m |
Total Assets | 645.9m | 393.5m |
Accounts Payable | 450.3m | 122.3m |
Total Debt | 75.0m | 135.7m |
Total Liabilities | 542.7m | 292.6m |
Common Stock | 1.0k | 2.0k |
Preferred Stock | 157.9m | 162.5m |
Additional Paid-in Capital | 8.4m | 12.5m |
Retained Earnings | (75.1m) | (75.2m) |
Total Equity | (54.7m) | (61.7m) |
Debt to Equity Ratio | -1.4 x | -2.2 x |
Debt to Assets Ratio | 0.1 x | 0.3 x |
Financial Leverage | -11.8 x | -6.4 x |
Quarterly
| USD | Q3, 2020 | Q1, 2021 |
|---|---|---|
Cash | 53.2m | 257.0m |
Accounts Receivable | 31.2m | |
Prepaid Expenses | 3.1m | |
PP&E | 9.1m | 10.1m |
Total Assets | 309.8m | 488.6m |
Accounts Payable | 45.2m | 8.1m |
Long-term debt | 18.6m | |
Total Debt | 115.4m | 18.6m |
Total Liabilities | 194.6m | 168.0m |
Common Stock | 2.0k | 7.0k |
Preferred Stock | 162.5m | |
Additional Paid-in Capital | 22.9m | 379.7m |
Retained Earnings | (70.2m) | (59.1m) |
Total Equity | (47.3m) | 320.6m |
Debt to Equity Ratio | -2.4 x | |
Debt to Assets Ratio | 0.4 x | |
Financial Leverage | -6.5 x | 1.5 x |
Upstart Cash Flow
Annual
| USD | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|
Net Income | (8.9m) | (11.2m) | (5.0m) |
Depreciation and Amortization | 93.0k | 314.0k | 774.0k |
Accounts Payable | 24.5m | 15.2m | (11.3m) |
Cash From Operating Activities | 10.4m | 50.3m | 31.6m |
Purchases of PP&E | (148.0k) | (4.0m) | |
Cash From Investing Activities | (393.4m) | (137.2m) | 45.4m |
Long-term Borrowings | (111.1m) | (93.0m) | (109.9m) |
Dividends Paid | (2.2m) | (11.2m) | (5.0m) |
Cash From Financing Activities | 412.7m | 135.8m | (119.2m) |
Net Change in Cash | 29.7m | 48.9m | (42.2m) |
Interest Paid | 9.6m | 26.7m | 26.9m |
Quarterly
| USD | Q3, 2019 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|
Net Income | (9.9m) | 4.6m | 10.1m |
Depreciation and Amortization | 324.0k | 1.6m | 816.0k |
Accounts Payable | (6.7m) | 12.5m | (5.8m) |
Cash From Operating Activities | 21.0m | 52.8m | 43.1m |
Purchases of PP&E | (253.0k) | (1.3m) | (267.0k) |
Cash From Investing Activities | (53.5m) | 127.7m | 902.0k |
Long-term Borrowings | (78.0m) | (99.8m) | (26.6m) |
Dividends Paid | (4.3m) | (622.0k) | |
Cash From Financing Activities | (96.7m) | (44.3m) | (19.3m) |
Net Change in Cash | (22.2m) | 30.6m | 24.7m |
Interest Paid | 22.5m | 7.0m | 1.0m |
Upstart Ratios
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 511.5k |
