The fintech firm reports 27% quarterly growth in personal loan originations and a 6 percentage point rise in unsecured contribution margin.
Upstart Holdings reaffirmed its 2026 revenue target of approximately $1.4 billion during its Q2 2026 earnings call. The company cited a 27% quarter-on-quarter increase in core personal loan originations as a key driver of growth.
Unsecured contribution margin improved by 6 percentage points compared to the previous quarter. Upstart also outlined plans to launch Upstart Bank in early 2027, expanding its financial services offerings.
Management emphasized execution on its strategic plan, though no immediate market reaction was detailed in the call.