Upstart Holdings (UPST) Cash from Operations (2020 - 2026)

Upstart Holdings (UPST) has reported Cash from Operations for 7 consecutive years, with -$136.6 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Cash from Operations fell 13.71% year-over-year to -$136.6 million in Q2 2026; TTM through Jun 2026 was -$284.0 million, a 335.36% decrease from a year earlier, with the FY2025 full-year figure at -$147.7 million, down 179.28% from the prior year.
• Cash from Operations was -$136.6 million for Q2 2026 at Upstart Holdings, down from -$133.3 million in the prior quarter.
• Over five years, Cash from Operations peaked at $217.3 million in Q2 2023 and troughed at -$266.8 million in Q1 2022.
• A 5-year average of -$55.6 million and a median of -$104.5 million in 2022 frame the typical range for Cash from Operations.
• Across the five-year window, Cash from Operations plunged 2018.23% in 2022 and soared 505.13% in 2023, its largest moves.
• Over 5 years, Cash from Operations stood at -$236.1 million in 2022, then soared by 38.32% to -$145.6 million in 2023, then increased by 23.81% to -$110.9 million in 2024, then soared by 197.86% to $108.6 million in 2025, then tumbled by 225.87% to -$136.6 million in 2026.
• The last three Cash from Operations figures came in at -$136.6 million (Q2 2026), -$133.3 million (Q1 2026), and $108.6 million (Q4 2025), per Business Quant data.