Upstart — Q3 2026 Earnings Summary

Upstart Holdings reported third-quarter 2026 results featuring $4.1 billion in originations, a 44% year-over-year increase, and total revenue of $371 million. The company achieved a record Contribution Profit of $218 million with a 60% margin, while its secured products reached positive Contribution Margin ahead of schedule. Net income for the quarter rose 15% to $36.6 million, and Adjusted EBITDA increased 26% to $89.3 million. For the full year 2026, Upstart forecasts revenue from fees of approximately $1.32 billion and Adjusted EBITDA of roughly $260 million.