Investor Presentaiton
Revenue:
Revenue from fees, net
Interest income and fair value adjustments, net:
Interest income
Interest expense
Fair value and other adjustments
Total interest income and fair value adjustments, net
Total revenue
Total operating expenses:
Sales and marketing
Customer operations
Engineering and product development
General, administrative, and other
Total operating expenses
Income (loss) from operations
Other income (expense), net
Net income (loss) before income taxes
Provision for income taxes
Net income (loss)
Net income (loss) per share, basic
Net income (loss) per share, diluted
Financial Statements
(in thousands, except share and per share data)
Weighted-average number of shares outstanding used in computing net income (loss) per share, basic
Weighted-average number of shares outstanding used in computing net income (loss) per share, diluted
Upstart
Three Months Ended March 31,
2022
2023
$ 313,982
$117,141
15,134
45,315
(959)
(7,132)
(18,021)
(52,397)
(3,846)
(14,214)
310,136
102,927
133,449
31,438
48,407
40,590
49,991
110,071
43,456
52,663
275,303
234,762
34,833
(131,835)
(2,122)
2,597
32,711
(129,238)
19
16
$ 32,692
$ 0.39
$ 0.34
84,230,445
95,457,776
$ (129,254)
$ (1.58)
$ (1.58)
81,911,433
81,911,433
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