Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Assets
Cash		$ 683,970	$ 986,608
Restricted cash		145,956	204,633
Loans (at fair value)		700,455	252,477
Property, equipment, and software, net		40,990	24,259
Operating lease right of use assets		87,475	96,118
Non-marketable equity securities		41,000	40,000
Goodwill		67,062	67,062
Intangible assets, net		16,700	19,906
Other assets (includes $26,676 and $40,496 at fair value as of December 31, 2021 and September 30, 2022, respectively)		131,702	129,392
Total assets	[1]	1,915,310	1,820,455
Liabilities:
Accounts payable		10,916	6,563
Payable to investors		93,844	107,598
Borrowings		918,917	695,432
Accrued expenses and other liabilities (includes $13,095 and $10,011 at fair value as of December 31, 2021 and September 30, 2022, respectively)		73,647	103,418
Operating lease liabilities		99,418	100,366
Total liabilities	[1]	1,196,742	1,013,377
Stockholders’ equity:
Common stock, $0.0001 par value; 700,000,000 shares authorized; 83,659,665 and 81,831,178 shares issued and outstanding as of December 31, 2021 and September 30, 2022, respectively		8	8
Additional paid-in capital		705,741	740,849
Retained earnings		12,819	66,221
Total stockholders’ equity		718,568	807,078
Total liabilities and stockholders’ equity		$ 1,915,310	$ 1,820,455

[1] The following table presents information on assets and liabilities related to variable interest entities (“VIEs”) that are consolidated by Upstart Holdings, Inc. at December 31, 2021 and September 30, 2022. The assets in the table below may only be used to settle obligations of consolidated VIEs and are in excess of those obligations. The holders of the beneficial interests do not have recourse to the general credit of Upstart Holdings, Inc. The assets and liabilities in the table below include third-party assets and liabilities of consolidated VIEs and exclude intercompany balances that eliminate in consolidation. December 31,September 30,20212022AssetsCash$7,700 $949 Restricted cash79,561 31,602 Loans (at fair value)245,972 674,955  Other assets (includes $7,571 and $3,163 at fair value as of December 31, 2021 and September 30, 2022, respectively) 8,792 10,920 Total assets$342,025 $718,426 LiabilitiesBorrowings$48,536 $269,663 Accrued expenses and other liabilities778 2,268 Total liabilities49,314 271,931 Total net assets$292,711 $446,495