Upstart Holdings (UPST) Change in Cash (2020 - 2026)

Upstart Holdings (UPST) reported Change in Cash of -$125.7 million for Q1 2026, up 8.09% year-over-year from -$116.3 million in Q1 2025, and down 157.1% quarter-over-quarter from $220.1 million in Q4 2025.

Upstart Holdings (UPST) Change in Cash (2020 - 2026) Analysis & Trends

Upstart Holdings (UPST) has 7 years of Change in Cash data on file, last reported at -$125.7 million in Q1 2026.

  • Change in Cash for Q1 2026 came in at -$125.7 million, up 8.09% year-over-year; the trailing twelve-month figure through Mar 2026 was $91.8 million (down 77.07% YoY), and the FY2025 annual result was $80.7 million, down 84.12% from the prior year.
  • Change in Cash fell to -$125.7 million in Q1 2026 per UPST's latest filing, from $220.1 million in the prior quarter.
  • Over five years, Change in Cash peaked at $320.5 million in Q4 2024 and troughed at -$297.5 million in Q4 2022.
  • A 5-year average of -$15.3 million and a median of -$80.6 million in 2023 frame the typical range for Change in Cash.
  • The sharpest annual moves came in 2022 and 2024: Change in Cash slumped 1627.0% in 2022, then soared 317.67% in 2024.
  • A 5-year view of Change in Cash shows it stood at -$297.5 million in 2022, then soared by 50.5% to -$147.2 million in 2023, then soared by 317.67% to $320.5 million in 2024, then plunged by 31.32% to $220.1 million in 2025, then tumbled by 157.1% to -$125.7 million in 2026.
  • Business Quant data shows UPST's Change in Cash at -$125.7 million in Q1 2026, $220.1 million in Q4 2025, and $135.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Cash (Qtr)
1 Visa 541.66 Bn 529.25 Bn - -4.47 Bn
2 Mastercard 437.55 Bn 427.34 Bn - -2.48 Bn
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 5.97 Bn
4 Capital One Financial 112.47 Bn 35.97 Bn - 17.16 Bn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn -1.58 Bn
6 Synchrony Financial 24.26 Bn 3.70 Bn - 5.59 Bn
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 379.73 Mn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn -1.60 Bn
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn -580.00 Mn
10 Upstart Holdings 2.88 Bn 2.41 Bn 221.97 Mn -125.68 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -125.68 Mn
Dec 31, 2025 220.11 Mn
Sep 30, 2025 135.45 Mn
Jun 30, 2025 -138.07 Mn
Mar 31, 2025 -136.74 Mn
Dec 31, 2024 320.50 Mn
Sep 30, 2024 95.15 Mn
Jun 30, 2024 121.47 Mn
Mar 31, 2024 -28.64 Mn
Dec 31, 2023 -147.24 Mn
Sep 30, 2023 105.14 Mn
Jun 30, 2023 58.03 Mn
Mar 31, 2023 -80.61 Mn
Dec 31, 2022 -297.46 Mn
Sep 30, 2022 -84.50 Mn
Jun 30, 2022 -98.27 Mn
Mar 31, 2022 -178.55 Mn
Dec 31, 2021 19.48 Mn
Sep 30, 2021 554.23 Mn
Jun 30, 2021 281.47 Mn