Growth Metrics

Upstart Holdings (UPST) Cost of Revenue: 2019-2024

Historic Cost of Revenue for Upstart Holdings (UPST) over the last 6 years, with Dec 2024 value amounting to $166.8 million.

  • Upstart Holdings' Cost of Revenue rose 82.39% to $78.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $260.3 million, marking a year-over-year increase of 65.35%. This contributed to the annual value of $166.8 million for FY2024, which is 10.89% up from last year.
  • As of FY2024, Upstart Holdings' Cost of Revenue stood at $166.8 million, which was up 10.89% from $150.4 million recorded in FY2023.
  • Upstart Holdings' Cost of Revenue's 5-year high stood at $345.8 million during FY2022, with a 5-year trough of $99.7 million in FY2020.
  • Moreover, its 3-year median value for Cost of Revenue was $166.8 million (2024), whereas its average is $221.0 million.
  • In the last 5 years, Upstart Holdings' Cost of Revenue soared by 234.59% in 2021 and then crashed by 56.50% in 2023.
  • Upstart Holdings' Cost of Revenue (Yearly) stood at $99.7 million in 2020, then soared by 234.59% to $333.5 million in 2021, then rose by 3.70% to $345.8 million in 2022, then plummeted by 56.50% to $150.4 million in 2023, then climbed by 10.89% to $166.8 million in 2024.