---
title: "Upstart targets $1.4B 2026 revenue and $294M adjusted EBITDA while pursuing a national bank charter"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285315716.md"
description: "Upstart (UPST) aims for $1.4 billion in revenue and $294 million adjusted EBITDA by 2026, as stated in their Q1 earnings call. CEO Paul Gu highlighted a 35% annualized revenue growth outlook and significant increases in loan originations, including a 300% rise in auto loans. The company reported $3.4 billion in originations and $308 million in total revenue for Q1, with a net loss of $7 million. Upstart has applied for a national bank charter but plans to continue relying on third-party capital. The guidance assumes a stable macroeconomic environment."
datetime: "2026-05-06T05:32:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285315716.md)
  - [en](https://longbridge.com/en/news/285315716.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285315716.md)
---

# Upstart targets $1.4B 2026 revenue and $294M adjusted EBITDA while pursuing a national bank charter


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