Upstart reports Q3 EPS 23c, consensus 42c

Reports Q3 revenue $277.0M, consensus $279.6M. “In Q3, we continued to execute on our 2025 game plan of rapid growth, profitability, and AI leadership – all anchored in exceptional credit performance. The results include 80% year-on-year growth in originations with 71% growth in revenue, and a sixfold sequential increase in GAAP net income,” said Dave Girouard, Co-founder and CEO of Upstart (UPST). “Our AI platform is performing exactly as designed, rapidly adapting to evolving macro signals while delivering strong results.”