Upstart Holdings Inc. (UPST) Revenue-to-Profit Sankey Flow & SEC XBRL Financials
Upstart Holdings Inc. (UPST) receives a Roarable Rating of D+ (Sell) and flashes a Red SELL / AVOID warning (54/100 RQD Confidence). Our SEC filing scanner spotted paper earnings outpacing real operating cash flow (+261.7% (NI vs OCF)) while unpaid customer invoices grew—a classic sign to step aside until cash flow catches up.
How UPST Turns Every Dollar of Sales Into Real Bottom-Line Profit
Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory
| Fiscal Year | Revenue | Gross Margin | Op Margin | Net Profit | Free Cash Flow | ROIC % |
|---|---|---|---|---|---|---|
| FY 2025 | $1.04B | 44% | 4.1% | $53.6M | -$148.1M | 3% |
| FY 2024 | $636.5M | 44% | -27.2% | -$128.6M | $185.5M | -21.8% |
| FY 2023 | $513.6M | 44% | -50% | -$240.1M | -$134.8M | -25.2% |
Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring UPST)
- ✓Live walkthrough of UPST's RQD Radar, SEC cash-conversion gap & downside levels
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UPST Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +64.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on UPST today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for UPST. Explore sector supply chains on /butterfly.
UPST Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDHow profitable is Upstart Holdings Inc. (UPST)?
In FY 2025 (10-K), UPST converted $1.0B of revenue into a 44% gross margin, 4.1% operating margin, and $0 in free cash flow (0% FCF margin).