Upstart Holdings (NASDAQ: UPST), the AI lending marketplace, has published its origination volume for June 2026, reporting $1,500.1 million in loan originations for the month and $4,227.2 million for the second quarter of 2026.
The Numbers Behind the Report
For June 2026, Upstart facilitated $1,500.1 million in originations across 27.1 origination days, working out to $55.5 million per day. For the full second quarter (April through June), originations totaled $4,227.2 million over 78.4 origination days, averaging $53.9 million per day.
Upstart defines "Originations" as Transaction Volume, Dollars — the total principal amount of loan originations, or committed amounts for HELOCs, facilitated through its marketplace. "Origination days" reflect the effective number of funding days in a month, based on a 24-hour funding window that starts and ends at approximately 5:00 p.m. eastern time, with weekend days and bank holidays weighted at 0.55 days to account for lower application activity.
Important Caveats on the Data
Upstart notes that the originations data is unaudited and preliminary, and remains subject to the completion of its financial closing procedures ahead of formal quarterly results filed with the SEC. While originations have historically been a strong predictor of total revenue, the company cautions that this correlation is not a guaranteed indicator of future results.
The company intends to release monthly origination data for the prior month on the third calendar day following each month, or the next business day if that date falls on a weekend or federal holiday.