Investor Presentaiton
15.0%
10.0%
5.0%
Upstart loan performance
Most recent vintages are now expected to deliver 11%+ gross returns¹
Expected gross realized returns
have increased from 3.5% in
Q4'21 to 11.0% for Q4'22¹
If an investor invested equally in
all Upstart cohorts, they would
now expect a 9.9% gross
annualized return against a
blended target of 8.4%²
0.0%
2018 2018 2018 2018 2019 2019 2019 2019 2020 2020 2020 2020 2021 2021 2021 2021 2022 2022 2022 2022
Q1 Q2 Q3 Q4
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Q1 Q2 Q3 Q4
Vintage Quarter
Target cash flows
Expected cash flows
Over/under performance
Upside/downside range
1 Upstart internal performance data as of April 28, 2023. "upside", "baseline" and "downside" percentages are based on Upstart's own internal estimates of the returns observed on each vintage to date.
2 Gross annualized return per Upstart internal calculation including assumption of future cash flows based on most recent performance data.
Upstart
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