Upstart is trading at $22.31, up 4.69%, in pre-market after reporting third-quarter results.
- Third-quarter revenue was $371 million, up 34% year over year; net income was $36.6 million, and contribution profit reached a record $218 million.
- Management expects 2026 total revenue of approximately $1.35 billion and adjusted EBITDA of $260 million, while noting macro pressure on its near-term outlook.