Upstart Holdings, Inc. Provides Earnings Guidance for the Second Quarter, Second Half and Full Year of 2025
Published on 05/06/2025 at 16:05
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Upstart Holdings, Inc. provided earnings guidance for the second quarter, second half and full year of 2025. For the quarter, the company expects revenue of approximately $225 million and GAAP Net Loss of approximately $10 million.
For the second half, the company expects GAAP Net Income to be positive.
For the full year, the company expects revenue of approximately $1.01 billion and GAAP Net Income to be positive for the full calendar year.
Upstart Holdings, Inc. is an artificial intelligence (AI) lending marketplace. The Companyâs platform includes personal loans, automotive retail and refinance loans, home equity lines of credit (HELOCs), and small dollar loans. It applies artificial intelligence models and cloud applications to the process of underwriting consumer credit. Its AI marketplace connects consumers with its lending partner. Consumers can access Upstart-powered loans via Upstart.com, through a lender-branded product on its lending partnersâ own websites, and through auto dealerships that use its Upstart Auto Retail software. Its platform enables lenders provide a product their customers want, rather than letting customers seek loans from competitors. Its cloud-based software platform incorporates technologies and software development approaches to allow for development of new features, such as cloud-native technologies, data integrity and security, and configurable multi-tenant architecture.
