In Q1'26, UPST's net income stood at -$6.65M USD, marking a reversal to losses after four consecutive quarters of profitability in 2025. This downturn contrasts with the strong Q4'25 result of $18.64M USD, indicating potential short-term pressures despite the overall improvement from earlier deficits. From Q2'23 to Q1'26, net income exhibited a volatile yet ultimately positive trajectory, starting with consistent losses peaking at -$64.6M USD in Q1'24 before steadily narrowing to breakeven and turning profitable in Q2'25 at $5.61M USD, with Q3'25 surging to $31.81M USD. Year-over-year growth accelerated dramatically in late 2025, reaching 776% in Q4'25, underscoring robust recovery, though the recent Q1'26 decline of -172% YoY highlights emerging risks in the bar chart's trend line.