Upstart (UPST) Revenue & Revenue Breakdown
Upstart Revenue Highlights
Latest Revenue (Y)
$513.56M
Latest Revenue (Q)
$127.63M
Main Segment (Y)
Servicing Fees, Net
Upstart Revenue by Period
Upstart Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $513.56M | -39.81% |
| 2022-12-31 | $853.29M | 0.17% |
| 2021-12-31 | $851.86M | 252.82% |
| 2020-12-31 | $241.44M | 26.63% |
| 2019-12-31 | $190.67M | 51.57% |
| 2018-12-31 | $125.80M | 88.57% |
| 2017-12-31 | $66.71M | - |
Upstart generated $513.56M in revenue during NA 2023, up -39.81% compared to the previous quarter, and up 408.25% compared to the same period a year ago.
Upstart Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $127.63M | -0.13% |
| 2024-03-31 | $127.79M | -8.92% |
| 2023-12-31 | $140.31M | 4.28% |
| 2023-09-30 | $134.56M | 0.82% |
| 2023-06-30 | $133.46M | 29.66% |
| 2023-03-31 | $102.93M | -32.03% |
| 2022-12-31 | $151.43M | -5.52% |
| 2022-09-30 | $160.28M | -30.46% |
| 2022-06-30 | $230.47M | -25.91% |
| 2022-03-31 | $311.10M | 1.89% |
| 2021-12-31 | $305.33M | 33.49% |
| 2021-09-30 | $228.72M | 17.03% |
| 2021-06-30 | $195.44M | 59.71% |
| 2021-03-31 | $122.38M | 39.40% |
| 2020-12-31 | $87.78M | 31.42% |
| 2020-09-30 | $66.80M | 240.59% |
| 2020-06-30 | $19.61M | -70.84% |
| 2020-03-31 | $67.25M | 0.48% |
| 2019-12-31 | $66.93M | 35.25% |
| 2019-09-30 | $49.49M | - |
Upstart generated $127.63M in revenue during Q2 2024, up -0.13% compared to the previous quarter, and up 124.00% compared to the same period a year ago.
Upstart Revenue Breakdown
Upstart Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Other Fees | $743.00K | - | - |
| Collection Agency Fees | $15.87M | - | - |
| Borrower Fees | $29.14M | - | - |
| Servicing Fees, Net | $146.31M | $175.03M | $75.11M |
| Servicing Fees | $107.01M | - | - |
| Platform And Referral Fees, Net | - | $732.24M | $726.16M |
Upstart's latest annual revenue breakdown by segment (product or service), as of Dec 23: Servicing Fees, Net (48.92%), Servicing Fees (35.78%), Borrower Fees (9.74%), Collection Agency Fees (5.30%), and Other Fees (0.25%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other Fees | $98.00K | - | - | - | - | - | - | - | - | - | - | - | - |
| Borrower Fees | $7.16M | $7.08M | $3.25M | - | - | - | - | - | - | - | - | - | - |
| Servicing Fees, Net | $34.21M | $34.59M | $34.32M | $37.92M | $39.48M | $44.56M | $46.73M | $42.17M | $18.98M | $18.22M | $9.22M | - | - |
| Servicing Fees | $23.24M | - | - | - | - | - | - | - | - | - | - | - | - |
| Collection Agency Fees | $4.60M | $3.17M | $1.41M | - | - | - | - | - | - | - | - | - | - |
| Platform And Referral Fees, Net | - | - | $112.44M | $105.77M | $77.66M | $134.79M | $211.61M | $271.81M | $191.44M | $169.08M | $106.95M | - | - |
Upstart's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Servicing Fees, Net (49.36%), Servicing Fees (33.54%), Borrower Fees (10.33%), Collection Agency Fees (6.63%), and Other Fees (0.14%).
Upstart Peer Comparison by Revenue
UPST Revenue FAQ
What is Upstart’s yearly revenue?
Upstart's yearly revenue for 2023 was $513.56M, representing a decrease of -39.81% compared to 2022. The company's yearly revenue for 2022 was $853.29M, representing an increase of 0.17% compared to 2021. UPST's yearly revenue for 2021 was $851.86M, representing an increase of 252.82% compared to 2020.
What is Upstart’s quarterly revenue?
Upstart's quarterly revenue for Q2 2024 was $127.63M, a -0.13% decrease from the previous quarter (Q1 2024), and a -4.37% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $127.79M, a -8.92% decrease from the previous quarter (Q4 2023), and a 24.16% increase year-over-year (Q1 2023). UPST's quarterly revenue for Q4 2023 was $140.31M, a 4.28% increase from the previous quarter (Q3 2023), and a -7.34% decrease year-over-year (Q4 2022).
What is Upstart’s revenue growth rate?
Upstart's revenue growth rate for the last 3 years (2021-2023) was -39.71%, and for the last 5 years (2019-2023) was 169.34%.
What are Upstart’s revenue streams?
Upstart's revenue streams in c 23 are Other Fees, Collection Agency Fees, Borrower Fees, Servicing Fees, Net, and Servicing Fees. Other Fees generated $743K in revenue, accounting 0.25% of the company's total revenue Collection Agency Fees generated $15.86M in revenue, accounting 5.30% of the company's total revenue Borrower Fees generated $29.14M in revenue, accounting 9.74% of the company's total revenue Servicing Fees, Net generated $146.31M in revenue, accounting 48.92% of the company's total revenue, down -16.41% year-over-year. Servicing Fees generated $107.01M in revenue, accounting 35.78% of the company's total revenue
What is Upstart’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Upstart was Servicing Fees, Net. This segment made a revenue of $146.31M, representing 48.92% of the company's total revenue.