As of Q4'25, UPST reported revenue of USD 296.1M, marking the highest quarterly figure in the period shown. Year-over-year revenue growth for this quarter was 35.2%, reflecting continued positive momentum. From Q1'23 to Q4'25, UPST's revenue trend demonstrates a significant turnaround. After a period of declining and flat revenues through 2023, the company began to recover in 2024, with growth accelerating sharply in 2025. Notably, revenue growth rates shifted from negative in early 2023 to over 100% in Q2'25, indicating a strong rebound and sustained upward trajectory through the end of the period.