$UPST Q3 results are in - Total Revenue is up 34% year-over-year at $371M, originations are up 44% year-over-year at $4.1B, and Net Income at $37M, with a 10% margin.
Highlights below 👇
Don't forget to turn into the earnings call next Tuesday, November 3, 2026, at 5:00 a.m. PT / 8:00 a.m. ET.
FYI - We're still putting the finishing touches on our upcoming video webcast to make sure it works perfectly, as a result this quarter’s call will remain in our standard
Q3 Earnings call is scheduled for Tuesday, November 3, 2026, at 5:00 a.m. PT / 8:00 a.m. ET. If you have a question for @paulxgu and Andrea, please ask via this thread before 4:30 a.m. PT / 7:30 a.m. ET on Tuesday, November 3. and they’ll answer as many as they can.
Q3 Earnings call is scheduled for Tuesday, November 3, 2026, at 5:00 a.m. PT / 8:00 a.m. ET. If you have a question for @paulxgu and Andrea, please ask via this thread before 4:30 a.m. PT / 7:30 a.m. ET on Tuesday, November 3. and they’ll answer as many as they can.
New on Cars and Capitalists:
Paul Gu (@paulxgu), CEO and Co-Founder of @Upstart.
@Upstart is an AI lender worth $2.5B today. They did $1B in revenue in 2025, up 64%, grew originations 86%, and were profitable. Paul took over as CEO from co-founder Dave Girouard (@davegirouard)
"I want to unambiguously have the best credit product for every American in every situation, and I want Upstart to be the most trusted brand in consumer credit." -CEO @paulxgu, on Fintech One-On-One
Paul joined @peterrenton to discuss the future of Upstart.
Listen here:
