Upstart (UPST) Q2 Revenue Jumps 102%

Upstart (NASDAQ:UPST), a fintech platform using artificial intelligence to improve consumer lending, reported its Q2 2025 results on August 5, 2025. The company delivered a sharp increase in revenue and returned to GAAP profitability, a quarter ahead of its previous forecast. Revenue (GAAP) reached $257 million for Q2 2025, outpacing the $225.4 million GAAP analyst estimate. GAAP net income of $5.6 million represented a major improvement over the $54.5 million GAAP net loss posted in Q2 2024. The number of loans originated jumped 159% year-over-year, and transaction volume in dollars reached $2.82 billion, up 154% year-over-year. The quarter showed notable progress in core metrics and product development, though management noted that margins could tighten as Upstart expands into more competitive market segments, and that Contribution Margin (non-GAAP) declined as the company increased its mix of prime and super prime borrowers in Q1 2025. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Upstart’s business centers on using artificial intelligence to make more accurate credit decisions for unsecured and secured consumer loans. Its proprietary AI models analyze borrower risk and automate much of the loan approval process, removing many manual steps for banks and credit unions. The company’s main products include AI-powered personal loans, auto loans, and home equity lines of credit.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool