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) expanded its partnership with MIT Federal Credit Union into indirect auto lending, extending their existing lending relationship.
The expansion builds on a personal lending partnership that began in 2024. MIT FCU, a Massachusetts-based credit union serving over 35,000 members, is adding auto financing to serve more borrowing needs. The credit union said the expanded relationship supports its goal of providing members with a convenient car financing experience.
Upstart (NASDAQ: UPST) added Credit Union of Denver as a lending partner, with personal lending through the partnership beginning in April 2026. The partnership aims to expand access to affordable personal loans through an online borrowing process.
Qualified applicants on Upstart.com who meet Credit Union of Denver’s credit policies receive tailored offers. They then move to a credit union-branded experience to complete an online membership application and close their loan.
Upstart Holdings (NASDAQ: UPST) will discuss its third-quarter 2026 financial results in a live video webcast on November 3, 2026.
The webcast begins at 5:00 a.m. PT / 8:00 a.m. ET. The earnings release and related materials will be available at ir.upstart.com at approximately 4:00 a.m. PT / 7:00 a.m. ET that morning. The website will also provide the live webcast and a replay.
Upstart Holdings (UPST) published September 2026 marketplace loan originations of $1,378.3 million, alongside its latest measure of macroeconomic credit risk. September originations averaged $53.1 million per origination day. For Q3 2026, covering July through September, originations totaled $4,117.8 million and averaged $51.6 million per origination day. These figures are unaudited, preliminary and subject to financial closing procedures.
The Upstart Macro Index (UMI), which estimates the macroeconomy's impact on credit losses for Upstart-powered loans, was 1.49 on October 5, 2026, down from 1.50 on September 3. That reading represents approximately 49% higher risk than Upstart would expect in a normal economy. UMI has stayed above its 1.0 baseline since early 2022, but remains below its 2024 peak of 1.68.
Upstart Holdings (UPST) subsidiary Upstart Network originated loans backing a $400.0 million securitization whose five note classes received preliminary KBRA ratings. The collateral consists of unsecured consumer loans and auto-secured personal loans. As of the August 10, 2026 statistical cutoff, the pool was expected to include approximately $500.0 million in loans, with auto-secured personal loans comprising approximately 5.0%.
Initial credit enhancement is 65.30% for classes A-1 and A-2, 51.60% for B, 41.15% for C and 20.50% for D. It includes overcollateralization, excess spread and a cash reserve; subordination does not apply to Class D. Operative agreements and legal opinions remain subject to review before closing.
Upstart (UPST) and Commonwealth Credit Union expanded their existing lending partnership to include home equity lines of credit (HELOCs) and indirect auto lending.
The new agreement builds on a personal lending relationship that began in 2022 and is intended to broaden Commonwealth Credit Union’s digital lending strategy. The credit union aims to serve members across more borrowing needs, diversify its consumer lending portfolio, and deepen relationships with prime borrowers through Upstart’s AI-driven, digital-first platform. Upstart connects consumers to more than 100 banks and credit unions and automates over 90% of loans on its marketplace.
Upstart (UPST) reported August 2026 loan originations of $1,342.1 million across 26.5 origination days. This corresponds to $50.7 million in originations, dollars per day, based on its internal calculation of effective funding days.
The company also published a new reading of its Upstart Macro Index (UMI) of 1.50 as of September 3, 2026, unchanged from the August 3, 2026 reading. A UMI of 1.50 is described as roughly 50% above the level expected in a “normal” economy (UMI of 1.0), and UMI has stayed above 1.0 since early 2022, indicating a prolonged period of elevated default risk relative to Upstart’s historical baseline. UMI remains below its peak value of 1.68 recorded in 2024.
Upstart (NASDAQ: UPST) announced that Co-founder and CEO Paul Gu will join a fireside chat at the Goldman Sachs Communacopia and Technology Conference on Tuesday, September 8, at 11:30 a.m. PT (2:30 p.m. ET). A live and replay webcast will be available on Upstart’s investor relations website.
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.