UPST · Company KPIs
Upstart (UPST) KPIs
Originations, Dollars, Originations, Number of Loans, Conversion Rate, Percentage of Loans Fully Automated. As reported in SEC filings, with the source line for each figure.
Originations, Dollars
$4.23B for the period ended Jun 30, 2026
The company’s definition: We define Originations, Dollars as the aggregate of: (i) the total principal of loan originations for personal loans, small dollar loans, and auto loans, (ii) committed amounts for HELOCs, and (iii) drawn amounts for unsecured revolving credit lines (Cash Line), in each case facilitated on our marketplace during the periods presented.
Source
| Period ended | Figure | Filing text |
|---|---|---|
| Jun 30, 2026 | $4.23B | Originations, Dollars(1) · $2,820,398 · $4,227,174 · $4,954,006 · $7,672,3168-K filed 2026-08-04 |
| Mar 31, 2026 | $3.45B | Transaction Volume, Dollars · $2,133,608 · $3,445,1428-K filed 2026-05-05 |
| Dec 31, 2025 | $3.2B | Transaction Volume, Dollars · $2,107,473 · $3,195,693 · $5,930,029 · $11,003,9958-K filed 2026-02-10 |
| Sep 30, 2025 | $2.85B | Transaction Volume, Dollars · $1,582,317 · $2,854,296 · $3,822,847 · $7,808,3028-K filed 2025-11-04 |
| Jun 30, 2025 | $2.82B | Transaction Volume, Dollars · $1,109,732 · $2,820,398 · $2,240,530 · $4,954,0068-K filed 2025-08-05 |
| Mar 31, 2025 | $2.13B | Transaction Volume, Dollars · $2,133,608 · $3,445,1428-K filed 2026-05-05 |
| Dec 31, 2024 | $2.11B | Transaction Volume, Dollars · $2,107,473 · $3,195,693 · $5,930,029 · $11,003,9958-K filed 2026-02-10 |
| Sep 30, 2024 | $1.58B | Transaction Volume, Dollars · $1,582,317 · $2,854,296 · $3,822,847 · $7,808,3028-K filed 2025-11-04 |
Originations, Number of Loans
558,014 for the period ended Jun 30, 2026
The company’s definition: We define Originations, Number of Loans as the total number of such originations, commitments, and draws, as applicable, facilitated on our marketplace during the periods presented.
Source
| Period ended | Figure | Filing text |
|---|---|---|
| Jun 30, 2026 | 558,014 | Originations, Number of Loans(1)(2) · 372,599 · 558,014 · 613,305 · 983,3708-K filed 2026-08-04 |
| Mar 31, 2026 | 425,356 | Transaction Volume, Number of Loans(1) · 240,706 · 425,3568-K filed 2026-05-05 |
| Dec 31, 2025 | 455,788 | Transaction Volume, Number of Loans(1) · 245,663 · 455,788 · 697,092 · 1,497,1498-K filed 2026-02-10 |
| Sep 30, 2025 | 428,056 | Transaction Volume, Number of Loans(1) · 188,149 · 428,056 · 451,429 · 1,041,3618-K filed 2025-11-04 |
| Jun 30, 2025 | 372,599 | Transaction Volume, Number of Loans(1) · 143,900 · 372,599 · 263,280 · 613,3058-K filed 2025-08-05 |
| Mar 31, 2025 | 240,706 | Transaction Volume, Number of Loans(1) · 240,706 · 425,3568-K filed 2026-05-05 |
| Dec 31, 2024 | 245,663 | Transaction Volume, Number of Loans(1) · 245,663 · 455,788 · 697,092 · 1,497,1498-K filed 2026-02-10 |
| Sep 30, 2024 | 188,149 | Transaction Volume, Number of Loans(1) · 188,149 · 428,056 · 451,429 · 1,041,3618-K filed 2025-11-04 |
Conversion Rate
19.7% for the period ended Jun 30, 2026
The company’s definition: We define Conversion Rate as the Originations, Number of Loans in a period divided by the total number of rate inquiries received that we estimate to be legitimate, which we record when a borrower actively requests a loan offer on our platform.
Source
| Period ended | Figure | Filing text |
|---|---|---|
| Jun 30, 2026 | 19.7% | Conversion Rate(3) · 21.0% · 19.7% · 19.4% · 19.2%8-K filed 2026-08-04 |
| Mar 31, 2026 | 18.5% | Conversion Rate(2) · 17.5% · 18.5%8-K filed 2026-05-05 |
| Dec 31, 2025 | 19.4% | Conversion Rate(2) · 18.0% · 19.4% · 15.1% · 19.4%8-K filed 2026-02-10 |
| Sep 30, 2025 | 20.6% | Conversion Rate(2) · 16.3% · 20.6% · 15.3% · 21.2%8-K filed 2025-11-04 |
| Mar 31, 2025 | 17.5% | Conversion Rate(2) · 17.5% · 18.5%8-K filed 2026-05-05 |
| Dec 31, 2024 | 18% | Conversion Rate(2) · 18.0% · 19.4% · 15.1% · 19.4%8-K filed 2026-02-10 |
| Sep 30, 2024 | 16.3% | Conversion Rate(2) · 16.3% · 20.6% · 15.3% · 21.2%8-K filed 2025-11-04 |
| Jun 30, 2024 | 15.2% | Conversion Rate · 15.2% · 23.9% · 14.6% · 21.7%8-K filed 2025-08-05 |
Percentage of Loans Fully Automated
91% for the period ended Jun 30, 2026
The company’s definition: We define Percentage of Loans Fully Automated as the total number of loans in a given period originated end-to-end with no human involvement required by the Company divided by the Originations, Number of Loans in the same period.
Source
| Period ended | Figure | Filing text |
|---|---|---|
| Jun 30, 2026 | 91% | Percentage of Loans Fully Automated · 92% · 91% · 92% · 91%8-K filed 2026-08-04 |
| Mar 31, 2026 | 91% | Percentage of Loans Fully Automated(3) · 92% · 91%8-K filed 2026-05-05 |
| Dec 31, 2025 | 91% | Percentage of Loans Fully Automated(3) · 91% · 91% · 91% · 91%8-K filed 2026-02-10 |
| Sep 30, 2025 | 91% | Percentage of Loans Fully Automated · 91% · 91% · 91% · 91%8-K filed 2025-11-04 |
| Jun 30, 2025 | 92% | Percentage of Loans Fully Automated · 91% · 92% · 90% · 92%8-K filed 2025-08-05 |
| Mar 31, 2025 | 92% | Percentage of Loans Fully Automated(3) · 92% · 91%8-K filed 2026-05-05 |
| Dec 31, 2024 | 91% | Percentage of Loans Fully Automated(3) · 91% · 91% · 91% · 91%8-K filed 2026-02-10 |
| Sep 30, 2024 | 91% | Percentage of Loans Fully Automated · 91% · 91% · 91% · 91%8-K filed 2025-11-04 |
Reading notes
Figures are shown as first reported. If a later filing prints a different figure for the same period, both appear. A figure marked ≈ or shown in words is how the company itself states it, not an estimate of ours. Companies change definitions over time, so compare periods with the quoted definition in mind. Periods that failed our checks are left out, so gaps are expected.
This page shows the latest 8 periods of each metric.