Upstart Holdings (UPST) Depreciation and Depletion (2021 - 2025)
Upstart Holdings' Depreciation and Depletion came in at $6.2 million for Q4 2025, up 40.9% from $4.4 million a year earlier.
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Analysis
Upstart Holdings (UPST) Depreciation and Depletion (2021 - 2025) Analysis & Trends
For FY2025, Upstart Holdings' Depreciation and Depletion was $23.7 million, up 27.4% from FY2024.
- Depreciation and Depletion carries a five-year compound annual growth rate of 59.4% (FY2020 to FY2025).
- Going back by year, Depreciation and Depletion was $18.6 million in FY2024 (-9.7%), $20.6 million in FY2023 (+52.6%), $13.5 million in FY2022 (+221.4%) and $4.2 million in FY2021 (+82.6%).
- The Q4 2025 figure represents the highest quarterly Depreciation and Depletion since Q4 2023.
- Year-over-year, Depreciation and Depletion increased in five of the last seven quarters, with growth averaging 10.2%.
- The fastest year-over-year change in Depreciation and Depletion over five years came in Q4 2022 (growth of 353.3%), and the weakest in Q4 2024 (a decline of 45.0%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | - |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | - |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | - |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | - |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | 37.10 Mn |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | 129.65 Mn |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | - |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 10.87 Mn |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | - |
| 10 | Upstart Holdings | 2.14 Bn | 101.94 Mn | 307.18 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 6.20 Mn |
| Jun 30, 2025 | 5.60 Mn |
| Mar 31, 2025 | 6.10 Mn |
| Dec 31, 2024 | 4.40 Mn |
| Sep 30, 2024 | 5.10 Mn |
| Jun 30, 2024 | 4.50 Mn |
| Mar 31, 2024 | 4.60 Mn |
| Dec 31, 2023 | 8.00 Mn |
| Sep 30, 2023 | 3.90 Mn |
| Jun 30, 2023 | 4.40 Mn |
| Mar 31, 2023 | 5.40 Mn |
| Dec 31, 2022 | 6.80 Mn |
| Sep 30, 2022 | 2.70 Mn |
| Jun 30, 2022 | 2.30 Mn |
| Dec 31, 2021 | 1.50 Mn |
| Sep 30, 2021 | 1.00 Mn |
API Access
Upstart Holdings Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=UPST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "UPST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=UPST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();