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

Upstart Holdings (UPST) has reported Accumulated Expenses for 7 consecutive years, with $124.6 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Accumulated Expenses rose 58.35% year-over-year to $124.6 million; the TTM figure through Mar 2026 stood at $124.6 million (up 58.35% YoY), while the FY2025 annual figure was $171.5 million, up 28.17% from the prior year.
• Accumulated Expenses retreated to $124.6 million in Q1 2026 per UPST's latest filing, from $171.5 million in the prior quarter.
• Across five years, Accumulated Expenses topped out at $171.5 million in Q4 2025 and bottomed at $47.0 million in Q1 2023.
• Historically, Accumulated Expenses has averaged $90.7 million across 5 years, with a median of $78.7 million in 2025.
• Annual changes were most pronounced in 2023 — Accumulated Expenses tumbled 48.77% — and 2024, when it jumped 115.25%.
• Upstart Holdings' Accumulated Expenses stood at $66.9 million in 2022, then advanced by 25.55% to $84.1 million in 2023, then surged by 59.19% to $133.8 million in 2024, then climbed by 28.17% to $171.5 million in 2025, then declined by 27.35% to $124.6 million in 2026.
• Business Quant data shows UPST's Accumulated Expenses at $124.6 million in Q1 2026, $171.5 million in Q4 2025, and $116.2 million in Q3 2025.