Upstart Holdings (UPST) Capital Expenditures (2020 - 2026)

Upstart Holdings (UPST) posted quarterly Capital Expenditures of $4.2 million for Q1 2026, up 156.45% sequentially from -$7.5 million in Q4 2025.

Upstart Holdings (UPST) Capital Expenditures (2020 - 2026) Analysis & Trends

Upstart Holdings has disclosed Capital Expenditures across 7 years of filings, most recently posting $4.2 million for Q1 2026.

  • In Q1 2026, Capital Expenditures changed N/A year-over-year to $4.2 million; the TTM figure through Mar 2026 stood at $4.6 million (up 770.91% YoY), while the FY2025 annual figure was $347000.0, changed N/A from the prior year.
  • Capital Expenditures advanced to $4.2 million in Q1 2026, from -$7.5 million in the prior quarter.
  • Over the last five years, Capital Expenditures for UPST reached as high as $7.7 million in Q3 2025 and fell as low as -$7.5 million in Q4 2025.
  • The 5-year median for Capital Expenditures is $684000.0 (2024), against an average of $894266.7.
  • The widest YoY moves for Capital Expenditures: up 6751.28% in 2024, down 2585.93% in 2024.
  • A 5-year view of Capital Expenditures shows it stood at $1.7 million in 2022, then plunged by 173.98% to -$1.3 million in 2023, then sank by 161.17% to -$3.4 million in 2024, then tumbled by 123.93% to -$7.5 million in 2025, then jumped by 156.45% to $4.2 million in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $4.2 million, -$7.5 million, and $7.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 383.00 Mn
2 Mastercard 465.55 Bn 455.34 Bn - 181.00 Mn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 1.15 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 231.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn -22.29 Bn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 67.55 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn -
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 400,000.00
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -
10 Upstart Holdings 3.46 Bn 2.99 Bn 221.97 Mn 4.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.24 Mn
Mar 31, 2026 4.24 Mn
Dec 31, 2025 -7.52 Mn
Dec 31, 2025 -7.52 Mn
Sep 30, 2025 7.75 Mn
Sep 30, 2025 7.75 Mn
Jun 30, 2025 115,000.00
Jun 30, 2025 115,000.00
Sep 30, 2024 -3.36 Mn
Sep 30, 2024 -3.36 Mn
Jun 30, 2024 2.67 Mn
Jun 30, 2024 2.67 Mn
Mar 31, 2024 684,000.00
Mar 31, 2024 684,000.00
Dec 31, 2023 -1.29 Mn
Dec 31, 2023 -1.29 Mn
Sep 30, 2023 135,000.00
Sep 30, 2023 135,000.00
Jun 30, 2023 39,000.00
Jun 30, 2023 39,000.00