---
title: "Upstart Stock Rallies After Q2 Earnings Beat Estimates"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294873125.md"
description: "Upstart Holdings (NASDAQ:UPST) reported Q2 earnings that beat estimates, causing its stock to rise 12.6% in after-hours trading. The company posted $0.16 EPS and $364.71 million in revenue, surpassing expectations. Key highlights included a 50% year-over-year increase in originations to $4.2 billion, total revenue up 42%, and an all-time high contribution profit of $193 million. CEO Paul Gu highlighted the return to GAAP profitability and successful growth execution without additional equity capital."
datetime: "2026-08-04T20:49:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294873125.md)
  - [en](https://longbridge.com/en/news/294873125.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294873125.md)
---

# Upstart Stock Rallies After Q2 Earnings Beat Estimates

**Upstart Holdings Inc.** (NASDAQ:UPST) posted its second-quarter results after Tuesday’s closing bell, beating estimates and sending shares higher in after-hours trading.

Here’s a look at the details inside the report. 

-   **UPST stock is moving.** Watch the price action here.

## **Upstart Q2 Details**       

Upstart reported quarterly earnings of 16 cents per share. Quarterly revenue came in at $364.71 million, which beat the Street’s estimate of $351.52 million, according to Benzinga Pro data.

The company reported the following second-quarter highlights:

-   **Originations:** $4.2 billion, up 50% year-over-year. 558,014 loans originated, up 50% year-over-year.
-   **Total Revenue:** $365 million, up 42% YoY. Revenue from fees was $348 million, up 45% YoY.
-   **Income from Operations:** $14.6 million, compared to $4.5 million in the second quarter of 2025.
-   **Contribution Profit:** All-time high of $193 million, up 37% YoY. Contribution Margin was 55%, versus 58% in the second quarter of 2025.
-   **Adjusted EBITDA:** $76.9 million, up 45% YoY from $53.1 million in the second quarter of 2025. Adjusted EBITDA Margin was 21%, unchanged from Q2 2025.

**Read Also: Opendoor Reports Q2 Results, Says 'Everything is Up, Except Costs'**

“We came into this quarter with a clear plan, and we executed against it — re-accelerating growth in core personal loans, moving our secured products rapidly toward profitability, and funding that growth without adding equity capital,” said CEO **Paul Gu**.

“The results speak for themselves: originations up 50% year-over-year and we returned to GAAP profitability, with an all-time-high Contribution Profit,” Gu added.

**UPST Stock Price Activity:** According to data from Benzinga Pro, Upstart stock was up 12.6% to $34.14 in Tuesday’s extended trading.  

_Photo: Shutterstock_

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