Upstart Holdings (UPST) Change in Cash (2020 - 2026)
Upstart Holdings' (UPST) quarterly Change in Cash came in at $50.9 million in Q2 2026, up 136.9% year-over-year from $21.5 million in Q2 2025, and up 140.53% quarter-over-quarter from -$125.7 million in Q1 2026.
Analysis
Upstart Holdings (UPST) Change in Cash (2020 - 2026) Analysis & Trends
Upstart Holdings (UPST) has reported Change in Cash for 7 consecutive years, with $50.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Change in Cash rose 136.9% year-over-year to $50.9 million in Q2 2026; TTM through Jun 2026 was $280.8 million, a 99.38% increase from a year earlier, with the FY2025 full-year figure at $80.7 million, down 84.12% from the prior year.
- Change in Cash was $50.9 million for Q2 2026 at Upstart Holdings, up from -$125.7 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 -$11.6 million and a median of -$54.6 million in 2023 frame the typical range for Change in Cash.
- Across the five-year window, Change in Cash tumbled 1627.0% in 2022 and surged 317.67% in 2024, its largest moves.
- Over 5 years, Change in Cash stood at -$297.5 million in 2022, then surged by 50.5% to -$147.2 million in 2023, then surged by 317.67% to $320.5 million in 2024, then sank by 31.32% to $220.1 million in 2025, then plunged by 76.86% to $50.9 million in 2026.
- The last three Change in Cash figures came in at $50.9 million (Q2 2026), -$125.7 million (Q1 2026), and $220.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | 50.94 Mn |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | -75.61 Mn |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | -283.60 Mn |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | -244.61 Mn |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | - |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | -3.27 Mn |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | -14.12 Mn |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn | - |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - | - |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.94 Mn |
| 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 |