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Side-by-side financial comparison of Kimco Realty (KIM) and Upstart Holdings, Inc. (UPST). Click either name above to swap in a different company.
Kimco Realty is the larger business by last-quarter revenue ($558.0M vs $296.1M, roughly 1.9× Upstart Holdings, Inc.). Kimco Realty runs the higher net margin — 29.8% vs 6.3%, a 23.5% gap on every dollar of revenue. On growth, Upstart Holdings, Inc. posted the faster year-over-year revenue change (35.2% vs 4.0%). Over the past eight quarters, Upstart Holdings, Inc.'s revenue compounded faster (52.2% CAGR vs 5.6%).
Kimco Realty Corporation, headquartered in Jericho, New York, is a real estate investment trust that invests in shopping centers.
Upstart is an AI lending platform that partners with banks and credit unions to provide consumer loans using non-traditional variables, such as education and employment, to predict creditworthiness.
KIM vs UPST — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $558.0M | $296.1M |
| Net Profit | $166.3M | $18.6M |
| Gross Margin | — | — |
| Operating Margin | 37.2% | 6.4% |
| Net Margin | 29.8% | 6.3% |
| Revenue YoY | 4.0% | 35.2% |
| Net Profit YoY | 23.7% | 776.4% |
| EPS (diluted) | $0.46 | $0.20 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $558.0M | — | ||
| Q4 25 | $542.5M | $296.1M | ||
| Q3 25 | $535.9M | $277.1M | ||
| Q2 25 | $525.2M | $257.3M | ||
| Q1 25 | $536.6M | $213.4M | ||
| Q4 24 | $525.4M | $219.0M | ||
| Q3 24 | $507.6M | $162.1M | ||
| Q2 24 | $500.2M | $127.6M |
| Q1 26 | $166.3M | — | ||
| Q4 25 | $151.2M | $18.6M | ||
| Q3 25 | $137.8M | $31.8M | ||
| Q2 25 | $163.0M | $5.6M | ||
| Q1 25 | $132.8M | $-2.4M | ||
| Q4 24 | $166.0M | $-2.8M | ||
| Q3 24 | $136.0M | $-6.8M | ||
| Q2 24 | $119.7M | $-54.5M |
| Q1 26 | 37.2% | — | ||
| Q4 25 | 36.4% | 6.4% | ||
| Q3 25 | 34.9% | 8.5% | ||
| Q2 25 | 39.2% | 1.8% | ||
| Q1 25 | 33.6% | -2.1% | ||
| Q4 24 | 31.7% | -2.2% | ||
| Q3 24 | 33.7% | -27.8% | ||
| Q2 24 | 32.1% | -43.5% |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 27.9% | 6.3% | ||
| Q3 25 | 25.7% | 11.5% | ||
| Q2 25 | 31.0% | 2.2% | ||
| Q1 25 | 24.8% | -1.1% | ||
| Q4 24 | 31.6% | -1.3% | ||
| Q3 24 | 26.8% | -4.2% | ||
| Q2 24 | 23.9% | -42.7% |
| Q1 26 | $0.46 | — | ||
| Q4 25 | — | $0.20 | ||
| Q3 25 | — | $0.23 | ||
| Q2 25 | — | $0.05 | ||
| Q1 25 | — | $-0.03 | ||
| Q4 24 | — | $-0.01 | ||
| Q3 24 | — | $-0.07 | ||
| Q2 24 | — | $-0.62 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $652.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $10.4B | $798.8M |
| Total Assets | $19.6B | $3.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $211.6M | $652.4M | ||
| Q3 25 | $159.3M | $489.8M | ||
| Q2 25 | $226.6M | $395.9M | ||
| Q1 25 | $131.3M | $599.8M | ||
| Q4 24 | $688.6M | $788.4M | ||
| Q3 24 | $789.0M | — | ||
| Q2 24 | $126.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | $7.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.0B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $10.4B | — | ||
| Q4 25 | $10.4B | $798.8M | ||
| Q3 25 | $10.5B | $743.7M | ||
| Q2 25 | $10.5B | $722.0M | ||
| Q1 25 | $10.6B | $676.6M | ||
| Q4 24 | $10.7B | $633.2M | ||
| Q3 24 | $10.5B | $595.5M | ||
| Q2 24 | $10.6B | $594.7M |
| Q1 26 | $19.6B | — | ||
| Q4 25 | $19.7B | $3.0B | ||
| Q3 25 | $19.9B | $2.9B | ||
| Q2 25 | $19.8B | $2.5B | ||
| Q1 25 | $19.7B | $2.3B | ||
| Q4 24 | $20.3B | $2.4B | ||
| Q3 24 | $20.1B | $1.8B | ||
| Q2 24 | $19.5B | $1.8B |
| Q1 26 | — | — | ||
| Q4 25 | 0.74× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.75× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $108.6M |
| Free Cash FlowOCF − Capex | — | $108.4M |
| FCF MarginFCF / Revenue | — | 36.6% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | 5.82× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $258.4M | $108.6M | ||
| Q3 25 | $332.4M | $-122.6M | ||
| Q2 25 | $305.4M | $-120.2M | ||
| Q1 25 | $223.8M | $-13.5M | ||
| Q4 24 | $239.5M | $-110.9M | ||
| Q3 24 | $295.9M | $179.3M | ||
| Q2 24 | $294.1M | $65.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $108.4M | ||
| Q3 25 | — | $-122.7M | ||
| Q2 25 | — | $-120.3M | ||
| Q1 25 | $205.4M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $179.2M | ||
| Q2 24 | — | $65.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 36.6% | ||
| Q3 25 | — | -44.3% | ||
| Q2 25 | — | -46.7% | ||
| Q1 25 | 38.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 110.5% | ||
| Q2 24 | — | 51.1% |
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | 0.1% | ||
| Q3 25 | 0.0% | 0.0% | ||
| Q2 25 | 0.0% | 0.0% | ||
| Q1 25 | 3.4% | 0.0% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | 1.71× | 5.82× | ||
| Q3 25 | 2.41× | -3.86× | ||
| Q2 25 | 1.87× | -21.43× | ||
| Q1 25 | 1.69× | — | ||
| Q4 24 | 1.44× | — | ||
| Q3 24 | 2.18× | — | ||
| Q2 24 | 2.46× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KIM
| Revenues from rental properties, net | $552.8M | 99% |
| Management and other fee income | $5.2M | 1% |
UPST
| Personal Lending Segment | $201.4M | 68% |
| Servicing Fees Net | $39.5M | 13% |
| Servicing Fees | $27.5M | 9% |
| Other | $15.7M | 5% |
| Borrower Fees | $8.4M | 3% |
| Collection Agency Fees | $3.5M | 1% |
