Upstart Holdings (UPST) Capital Expenditures (2020 - 2026)
Upstart Holdings (UPST) posted quarterly Capital Expenditures of $2.8 million for Q1 2026, down 55.35% year-over-year from $6.2 million in Q1 2025, and up 136.59% quarter-over-quarter from -$7.5 million in Q4 2025.
Upstart Holdings (UPST) Capital Expenditures (2020 - 2026) Analysis & Trends
Upstart Holdings (UPST) has reported Capital Expenditures for 7 consecutive years, with $2.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Capital Expenditures fell 55.35% year-over-year to $2.8 million; the TTM figure through Mar 2026 stood at -$3.1 million (down 160.11% YoY), while the FY2025 annual figure was $347000.0, changed N/A from the prior year.
- Capital Expenditures grew to $2.8 million in Q1 2026 per UPST's latest filing, from -$7.5 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $7.7 million in Q3 2025 and bottomed at -$9.1 million in Q4 2023.
- Historically, Capital Expenditures has averaged $1.1 million across 5 years, with a median of $2.0 million in 2022.
- Annual changes were most pronounced in 2022 — Capital Expenditures soared 510.11% — and 2025, when it slumped 363.81%.
- Upstart Holdings' Capital Expenditures stood at $7.0 million in 2022, then tumbled by 230.5% to -$9.1 million in 2023, then surged by 63.26% to -$3.4 million in 2024, then slumped by 123.93% to -$7.5 million in 2025, then surged by 136.59% to $2.8 million in 2026.
- Business Quant data shows UPST's Capital Expenditures at $2.8 million in Q1 2026, -$7.5 million in Q4 2025, and $7.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 417.00 Mn |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | 264.00 Mn |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 898.00 Mn |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 367.00 Mn |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 208.00 Mn |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | - |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | 33.29 Bn |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | 67.55 Mn |
| 10 | Upstart Holdings | 2.89 Bn | 2.44 Bn | 303.39 Mn | 4.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.19 Mn |
| Jun 30, 2026 | 4.19 Mn |
| Mar 31, 2026 | 2.75 Mn |
| Mar 31, 2026 | 2.75 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 | -6.04 Mn |
| Jun 30, 2025 | -6.04 Mn |
| Mar 31, 2025 | 6.16 Mn |
| Mar 31, 2025 | 6.16 Mn |
| Sep 30, 2024 | -3.36 Mn |
| Sep 30, 2024 | -3.36 Mn |
| Jun 30, 2024 | 2.29 Mn |
| Jun 30, 2024 | 2.29 Mn |
| Mar 31, 2024 | 1.07 Mn |
| Mar 31, 2024 | 1.07 Mn |
| Dec 31, 2023 | -9.14 Mn |
| Dec 31, 2023 | -9.14 Mn |