UPSTNEUTRAL

Gross Margin

98.1%

Higher than 91% of Financial Services sector peers

Updated 1078h ago

Sector Performance

91th percentile

UPST

98.1%

Sector Median

68.5%

Sector Avg

67.7%

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Deep Analysis

Upstart Holdings, Inc. (UPST) has a Gross Margin of 98.1% as of May 2026.

This places UPST in the 91th percentile of the Financial Services sector, which has a median Gross Margin of 68.5% and a sector average of 67.7%. UPST's Gross Margin is 43.2% above the sector median. In context: Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

Frequently Asked Questions

What does the Gross Margin tell investors about UPST?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

How does UPST's Gross Margin compare to its sector?

UPST's Gross Margin of 98.1% compares to a Financial Services sector median of 68.5%, placing it in the 91th percentile.

Who are UPST's closest peers by Gross Margin?

The closest Financial Services peers by Gross Margin include: HDB (58.4%), COF (57.8%), AFL (57.5%), HSBC (56.5%), PFG (53.9%).

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.