Upstart Holdings, Inc. has had an overall positive financial performance over the past two years. In its latest report from 14th February 2023, the company reported a revenue of $134.34M while its estimated EPS was -$0.98 per share. This suggests that the company is doing well financially and is likely to keep growing in future quarters.
The company’s revenue figures have grown steadily during this period, with the notable exception of their Fiscal Year 2022 results, where revenue dropped to $7.77M from $26.28M in their previous quarter ending 31st December 2020.
Moving forward, Upstart Holdings’ revenue for Fiscal Year 2023 ended on 31st December 2023 stands at $31.01B, a significant rise compared to the same period last year which ended on 31st March 2022 with a revenue of $22.81B and year-on-year growth rate of 37%. This indicates that despite a dip in their recent quarter, the company is still making significant profit overall as their current market capitalization stands at around $1.49B as of today’s date (14th May 2021).
Overall, it can be seen that Upstart Holdings Inc is in a strong financial position and looks set for further growth over the upcoming quarters based on its current performance and positive outlook for its future operations
