Welcome to our dedicated page for Upstart Holdings news (Ticker: UPST), a resource for investors and traders seeking the latest updates and insights on Upstart Holdings stock.
Upstart Holdings, Inc. reports developments in its artificial intelligence lending marketplace, which connects consumer loan demand with banks and credit unions using Upstart AI models and cloud applications. Company updates commonly address personal lending, automotive retail and refinance loans, home equity lines of credit and Cash Line, a revolving credit product.
Recurring news also covers financial results and loan origination trends, new lending partner relationships, forward-flow agreements for consumer loans originated through the platform, and ABS securitizations backed by Upstart-originated loans. Announcements may also include leadership and investor-conference updates tied to the company’s public-company reporting cycle.
Upstart (NASDAQ: UPST) reported strong results for Q2 2026, with originations of $4.2 billion and 558,014 loans, both up 50% year-over-year. Total revenue rose 42% YoY to $365 million, driven by $348 million in revenue from fees, up 45% YoY.
Net income increased to $16.5 million (diluted EPS $0.16) from $5.6 million in Q2 2025, while income from operations reached $14.6 million. Contribution Profit hit an all-time high of $193 million (37% YoY growth) with a 55% Contribution Margin. Adjusted EBITDA was $76.9 million, up 45% YoY, with a 21% margin.
Unsecured fee revenue was $326 million (up 38% YoY) with a 62% Contribution Margin. Combined secured products improved to a negative 35% Contribution Margin from negative 176% a year earlier. For full-year 2026, Upstart continues to expect $1.4 billion in total revenue, $1.3 billion in fee revenue, and $294 million Adjusted EBITDA (21% margin).
Upstart (NASDAQ: UPST) reported July 2026 monthly loan originations of $1,397.4 million, over 27.4 origination days, equating to $51.0 million in originations per day. These originations represent the total principal of loans facilitated through Upstart’s AI lending marketplace, including personal loans, auto loans, HELOCs and Cash Line.
Upstart also published a new reading of its Upstart Macro Index (UMI). According to Upstart, the current UMI is 1.50, up modestly from 1.49 on July 8, 2026, and is the highest level since January 2026. A UMI of 1.50 is described as roughly 50% above what Upstart would expect in a “normal” environment (UMI of 1.0), indicating elevated default risk for Upstart-powered loans versus its long-run baseline, though still below the 2024 series peak of 1.68. Upstart notes that the origination figures are preliminary, unaudited, and historically have been a major predictor of revenue, but may not indicate future results.
Upstart (NASDAQ: UPST) announced a new multi-year forward-flow agreement with Castlelake, under which Castlelake-managed funds have agreed to purchase up to $4 billion of consumer loans originated on the Upstart platform over up to 24 months.
According to Upstart, this is the largest program between the two companies so far and extends a relationship that began with prior transactions in 2023. Upstart highlights Castlelake’s continued confidence in its AI-driven underwriting and the durability of loans originated on its marketplace.
Upstart (NASDAQ: UPST) announced that Co-founder and CEO Paul Gu will participate in a fireside chat at the Bank of America 2026 SMID Cap Conference on Tuesday, August 11, at 11:00 a.m. ET (8:00 a.m. PT). A live audio webcast and limited-time replay will be accessible via Upstart’s investor relations website.
Upstart (NASDAQ: UPST) received conditional approval from the Office of the Comptroller of the Currency to establish Upstart Bank, N.A., a nationally chartered, AI-driven bank. The charter is intended to reduce operational, regulatory, and financial complexity for Upstart and its third-party capital partners.
According to Upstart, the Delaware-based digital bank will have no physical branches, will be able to originate consumer loans nationwide, and accept FDIC‑insured deposits. Existing bank, credit union, and institutional funding partners are expected to continue purchasing most loans. Applications to the FDIC and Federal Reserve remain pending, and the bank will not launch until all approvals and standard de novo conditions are satisfied.
Upstart (NASDAQ: UPST) announced changes to how it publishes its Upstart Macro Index (UMI), while keeping the calculation method unchanged. UMI readings will now be named by their publication date, will generally not be revised, and will be released with monthly origination metrics.
The July 8, 2026 UMI is 1.49, up 2% from 1.46 on June 3, 2026, about 49% above Upstart’s 1.0 “normal” level and below the 1.68 peak from January 2024.
Upstart (NASDAQ:UPST) will release its second quarter 2026 financial results on Tuesday, August 4, 2026, after market close. Management will host a conference call at 1:30 p.m. PT / 4:30 p.m. ET with a live webcast and replay available on the investor relations website.
Investors can join by phone in the U.S. and Canada at 800-330-6710 (conference code 7744842) or internationally at +1 312-471-1353 (conference code 7744842).
Upstart (NASDAQ: UPST) released its June 2026 loan origination volume, providing updated data for investors.
June 2026 originations were $1,500.1 million over 27.1 origination days, or $55.5 million per day. For Q2 2026, originations totaled $4,227.2 million over 78.4 days, or $53.9 million per day.
Upstart (NASDAQ: UPST) published its May 2026 Upstart Macro Index (UMI) reading. UMI rose to 1.49 in May from 1.43 in April and remains below levels seen in early 2024.
The May personal savings rate was 3.0%, with disposable personal income and consumer spending both up 0.7%. Unemployment was 4.3%. UMI revisions: April 1.46→1.43, March 1.37→1.38, February 1.35 unchanged.
Upstart (NASDAQ: UPST) renewed its forward-flow agreement with Neuberger Specialty Finance, an asset-based investment team within Neuberger. Funds managed by Neuberger Specialty Finance are expected to invest in up to $600 million of consumer loans originated through the Upstart platform.
Upstart highlights the renewal as supporting a diverse, institutional-grade funding ecosystem that can help offer competitive rates and an improved borrower experience.