Upstart Holdings, Inc.
Balance Sheet
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $456.0M | $472.9M | $652.4M | $489.8M | $395.9M | $599.8M | $788.4M | $655.8M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $49.4M | $48.0M | $44.2M | $44.3M | $43.9M | $42.4M | $39.0M | $38.3M |
| Goodwill | $67.1M | $67.1M | $67.1M | $67.1M | $67.1M | $67.1M | $67.1M | $67.1M |
| Intangible Assets (Excl. Goodwill) | $7.7M | $8.0M | $8.3M | $8.6M | $8.9M | $9.1M | $9.4M | $9.7M |
| Total Assets | $3.17B | $2.96B | $2.97B | $2.90B | $2.48B | $2.30B | $2.37B | $1.81B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $2.37B | $2.23B | $2.18B | $2.16B | $1.76B | $1.62B | $1.73B | $1.21B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-347.7M | $-364.2M | $-357.6M | $-376.2M | $-408.0M | $-413.6M | $-411.2M | $-408.4M |
| Total Stockholders' Equity | $797.5M | $733.2M | $798.8M | $743.7M | $722.0M | $676.6M | $633.2M | $595.5M |