Upstart (UPST.US) Shares Soar After-Hours on Impressive Q4 Results and 2025 Guidance

Upstart (UPST.US), a fintech company, reported strong Q4 2024 results and 2025 guidance, driving a nearly 26% surge in the company's shares as of writing. The data showed that Upstart's Q4 revenue grew 56% YoY to $219 million, topping the market's expectation of $182 million; its adjusted EPS was $0.26, topping the market's expectation of a loss of $0.04. Its adjusted EBITDA was $38.8 million, easily topping the market's expectation of $6.1 million; its adjusted EBITDA margin was 18%.Upstart originated 245,663 loans in Q4, totaling $2.1 billion, up 68% YoY and 33% QoQ; its conversion rate was 19.3%, topping 11.6% in Q4 2023.Upstart's co-founder and CEO Dave Girouard said, "In Q4 2024, we saw significant growth across all of our product categories, with adjusted EBITDA reaching its highest level since Q1 2022 and just one step away from profitability under GAAP accounting standards."Looking ahead, Upstart expects full-year 2025 revenue to be about $1 billion, topping the market's expectation of $823 million; its fee revenue is expected to be about $920 million, and its net interest income is expected to be about $80 million. The company expects its adjusted EBITDA margin to be about 18%, topping the market's expectation of 13%.Upstart also expects its Q1 2025 revenue to be about $200 million, topping the market's expectation of $185 million; its adjusted EBITDA is expected to be about $27 million, topping the market's expectation of $10.7 million.