Upbound Group, Inc. (UPBD) Income Statement
UPBD 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsUPBD revenue and net income
Where UPBD's revenue goes
2025Each bar shows an amount and its share of revenue. UPBD kept 1.6% of revenue as net income.
UPBD profit margins
UPBD growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +8.7% | +3.4% | +10.8% | +3.7% |
| Gross profit | +9.2% | +3.0% | +6.3% | +0.7% |
| Operating income | −23.4% | +14.6% | −1.2% | — |
| Net income | −40.7% | +81.0% | −18.8% | — |
| EPS (diluted) | +7.8% | +3.8% | +3.1% | +7.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
UPBD quarterly EPS vs estimates
Upbound beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 29, 2026 (estimate $0.94).
UPBD income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.70B | $4.32B | $3.99B | $4.25B | $4.58B | $2.81B | $2.67B | $2.66B | $2.70B | $2.96B |
| Cost of revenue | $2.42B | $2.24B | $1.97B | $2.17B | $2.35B | $1.14B | $1.03B | $972.3M | $984.0M | $1.03B |
| Gross profit | $2.27B | $2.08B | $2.02B | $2.08B | $2.24B | $1.67B | $1.64B | $1.69B | $1.72B | $1.94B |
| Research & development | — | — | $9.2M | — | — | — | — | — | — | — |
| Sales, general & admin | $834.3M | $1.43B | $977.6M | $874.4M | $913.6M | $783.1M | $831.5M | $921.5M | $989.7M | $1.05B |
| Total operating expenses | $2.05B | $1.79B | $1.86B | $1.93B | $1.95B | $1.43B | $1.39B | $1.63B | $1.78B | $1.85B |
| Operating income | $223.3M | $291.6M | $162.9M | $148.5M | $280.5M | $237.3M | $253.9M | $56.1M | −$63.1M | −$66.6M |
| Interest income | $110.4M | $3.1M | $3.4M | $641,000 | $221,000 | $768,000 | $3.1M | — | — | — |
| Interest expense | $113.0M | $110.6M | $113.4M | $87.7M | $70.9M | $15.3M | $31.0M | $43.0M | $46.0M | $47.2M |
| Income before taxes | $108.1M | $177.5M | $52.9M | $61.5M | $194.3M | $222.8M | $223.8M | $13.8M | −$110.2M | −$113.3M |
| Income taxes | $34.8M | $54.1M | $58.0M | $49.1M | $59.4M | $14.7M | $50.2M | $5.3M | −$116.9M | −$8.1M |
| Net income | $73.2M | $123.5M | −$5.2M | $12.4M | $134.9M | $208.1M | $173.5M | $8.5M | $6.7M | −$113.3M |
| EBITDA | $1.74B | $1.71B | $1.46B | $1.51B | $435.0M | $294.8M | $316.1M | $166.7M | $14.4M | $13.4M |
| EPS (diluted) | $4.13 | $3.83 | $3.54 | $3.69 | $5.55 | $3.54 | $2.24 | $1.06 | −$0.53 | $0.77 |
| Gross margin | 48.4% | 48.1% | 50.7% | 49.0% | 48.8% | 59.4% | 61.6% | 63.5% | 63.6% | 65.3% |
| Operating margin | 4.8% | 6.7% | 4.1% | 3.5% | 6.1% | 8.4% | 9.5% | 2.1% | −2.3% | −2.2% |
| Net margin | 1.6% | 2.9% | −0.1% | 0.3% | 2.9% | 7.4% | 6.5% | 0.3% | 0.2% | −3.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.16B | $1.22B | $1.20B | $1.16B | $1.16B | $1.18B | $1.08B | $1.07B | $1.08B | $1.10B | $1.02B | $979.1M |
| Cost of revenue | $568.6M | $633.3M | $609.8M | $601.6M | $585.7M | $626.2M | $571.0M | $557.8M | $544.6M | $566.9M | $505.5M | $481.9M |
| Gross profit | $594.8M | $586.5M | $586.7M | $563.1M | $571.8M | $550.1M | $508.2M | $511.1M | $532.0M | $529.1M | $512.6M | $497.2M |
| Research & development | — | — | — | — | — | — | $6.1M | — | — | — | $9.2M | — |
| Sales, general & admin | $212.0M | $206.2M | $206.8M | $202.0M | $212.5M | $362.1M | $194.5M | $97.9M | $415.5M | $431.9M | $257.9M | $206.0M |
| Total operating expenses | $540.6M | $509.0M | $529.4M | $510.3M | $521.1M | $487.5M | $429.1M | $441.0M | $451.3M | $467.3M | $456.7M | $439.1M |
| Operating income | $54.3M | $77.4M | $57.2M | $52.8M | $50.7M | $62.6M | $79.2M | $70.1M | $80.7M | $61.8M | $55.9M | $58.1M |
| Interest income | $521,000 | $714,000 | $27.4M | $673,000 | $638,000 | $694,000 | $646,000 | $897,000 | $753,000 | $803,000 | $730,000 | $1.3M |
| Interest expense | $25.5M | $26.9M | $28.0M | $28.7M | $28.5M | $27.8M | $25.4M | $26.8M | $28.4M | $30.0M | $29.2M | $27.9M |
| Income before taxes | $29.3M | $51.3M | $29.9M | $19.9M | $22.8M | $35.5M | $54.4M | $44.2M | $46.4M | $32.6M | $27.4M | $31.4M |
| Income taxes | $7.7M | $15.5M | $10.1M | $6.6M | $7.4M | $10.7M | $23.4M | $13.3M | $12.5M | $4.9M | $38.7M | $27.1M |
| Net income | $21.6M | $35.8M | $19.7M | $13.2M | $15.5M | $24.8M | $31.0M | $30.9M | $33.9M | $27.7M | −$11.3M | $4.4M |
| EBITDA | $425.7M | $456.9M | $443.6M | $431.4M | $428.2M | $432.7M | $1.01B | $98.6M | $103.9M | $92.7M | $88.1M | $382.7M |
| EPS (diluted) | $1.07 | $1.08 | $1.01 | $1.00 | $1.12 | $1.00 | $1.05 | $0.95 | $1.04 | $0.79 | $0.81 | $0.79 |
| Gross margin | 51.1% | 48.1% | 49.0% | 48.3% | 49.4% | 46.8% | 47.1% | 47.8% | 49.4% | 48.3% | 50.3% | 50.8% |
| Operating margin | 4.7% | 6.3% | 4.8% | 4.5% | 4.4% | 5.3% | 7.3% | 6.6% | 7.5% | 5.6% | 5.5% | 5.9% |
| Net margin | 1.9% | 2.9% | 1.7% | 1.1% | 1.3% | 2.1% | 2.9% | 2.9% | 3.2% | 2.5% | −1.1% | 0.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in UPBD's financial statements (latest annual report filed February 23, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
UPBD financial results
In fiscal year 2025 (ended December 31, 2025), Upbound reported revenue of $4.7 billion, up 8.7% from the year before. It had net income of $73.2 million (down 40.7%), a net profit margin of 1.6%. Diluted earnings per share came to $4.13. Over five years revenue grew at an average rate of 10.8% a year.
See the UPBD stock overview for the latest quote and news, or the UPBD chart for price history and technical indicators.
UPBD income statement FAQ
What is Upbound's annual revenue?
Upbound reported total revenue of $4.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 8.7% from $4.3 billion the previous year.
Is Upbound profitable?
Yes. Upbound reported net income of $73.2 million in fiscal 2025, a net profit margin of 1.6%; its operating margin was 4.8%.
What is Upbound's gross margin?
Upbound's gross margin was 48.4% in fiscal 2025: for every $100 of revenue, Upbound kept $48 after the direct cost of its products and services.
How fast is Upbound growing?
Revenue grew 10.8% a year on average over the last five fiscal years, from $2.8 billion to $4.7 billion.
What are Upbound's earnings per share?
Upbound earned $4.13 per diluted share in fiscal 2025, compared with $3.83 a year earlier.
When will Upbound report its next earnings?
Upbound is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.
When does Upbound's fiscal year end?
Upbound's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 23, 2026.