Growth Metrics

Upstart Holdings (UPST) Accumulated Expenses (2020 - 2026)

Upstart Holdings has reported Accumulated Expenses over the past 6 years, most recently at $171.5 million for Q4 2025.

  • Quarterly Accumulated Expenses rose 28.17% to $171.5 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $171.5 million through Dec 2025, up 28.17% year-over-year, with the annual reading at $171.5 million for FY2025, 28.17% up from the prior year.
  • Accumulated Expenses was $171.5 million for Q4 2025 at Upstart Holdings, up from $116.2 million in the prior quarter.
  • Over five years, Accumulated Expenses peaked at $171.5 million in Q4 2025 and troughed at $42.9 million in Q1 2021.
  • The 5-year median for Accumulated Expenses is $76.5 million (2022), against an average of $85.3 million.
  • Year-over-year, Accumulated Expenses skyrocketed 189.94% in 2021 and then tumbled 48.77% in 2023.
  • A 5-year view of Accumulated Expenses shows it stood at $103.4 million in 2021, then tumbled by 35.27% to $66.9 million in 2022, then grew by 25.55% to $84.1 million in 2023, then skyrocketed by 59.19% to $133.8 million in 2024, then increased by 28.17% to $171.5 million in 2025.
  • Per Business Quant, the three most recent readings for UPST's Accumulated Expenses are $171.5 million (Q4 2025), $116.2 million (Q3 2025), and $126.7 million (Q2 2025).