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Upstart Q1'25 Earnings Highlights

$UPST (-1,27%)


๐Ÿ”น Revenue: $213.4M (Est: $199.5M) ๐ŸŸข

๐Ÿ”น Adj EPS: ($0.03) (Est: $0.17) ๐Ÿ”ด

๐Ÿ”น Adj Net Income: $25M (Est: $16M) ๐ŸŸข


Q2'25 Guidance

๐Ÿ”น Revenue: ~$225M (Est: $223.7M) ๐Ÿ˜

๐Ÿ”น Adj EBITDA: ~$37M

๐Ÿ”น Adj Net Income: ~$25M

๐Ÿ”น GAAP Net Loss: ~-$10M


FY25 Guidance

๐Ÿ”น Revenue: ~$1.01B (Est: $1.001B) ๐Ÿ˜

๐Ÿ”น Adj EBITDA Margin: ~19%

๐Ÿ”น Revenue from Fees: ~$920M

๐Ÿ”น Net Interest Income: ~$90M

๐Ÿ”น GAAP Net Income expected positive in H2


Other Metrics:

๐Ÿ”น Adj EBITDA: $42.6M

๐Ÿ”น Contribution Margin: 55% (vs. 59% YoY)

๐Ÿ”น GAAP Net Loss: -$2.4M (vs. -$64.6M YoY)

๐Ÿ”น Loan Volume: $2.1B (+89% YoY)

๐Ÿ”น Loans Originated: 240,706 (+102% YoY)

๐Ÿ”น Conversion Rate: 19.1% (vs. 14.0% YoY)


Strategic & Operational Updates

๐Ÿ”ธ Signed $1.2B loan-purchase agreement with Fortress through March 2026

๐Ÿ”ธ 90% of Q1 loans were fully automated

๐Ÿ”ธ Hosting Upstart AI Day on May 14, 2025

๐Ÿ”ธ CEO: โ€œAI is delivering a radically better product for consumersโ€

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