The table below shows Upstart Holdings, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$1.04B
$636.53M
$513.56M
$842.44M
$848.59M
$233.42M
Cost of revenue
-
-
-
-
-
-
Gross profit
-
-
-
-
-
-
R&D
$257.60M
$253.65M
$280.14M
$237.25M
$134.00M
$38.80M
SG&A
UPST annual revenue (10-K history)
Upstart Holdings, Inc. reported annual revenue of $1.04B for fiscal year 2025. That is up 64.0% from $636.53M in fiscal 2024. Over the 7 fiscal years shown, annual revenue grew from $164.19M (FY 2019) to $1.04B. Figures come from the company's audited annual reports as filed with the SEC.