• Upstart Holdings average operating margin for 2023 was -49.27%, a 1872.3% decline from 2022.
• Upstart Holdings average operating margin for 2022 was 2.78%, a 80.23% decline from 2021.
• Upstart Holdings average operating margin for 2021 was 14.06%, a 173.01% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.