Upstart Holdings (UPST) Depreciation and Depletion (2021 - 2025)

Upstart Holdings (UPST) has reported Depreciation and Depletion for 5 consecutive years, with $6.2 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Depreciation and Depletion rose 40.91% year-over-year to $6.2 million; the TTM figure through Mar 2026 stood at $11.8 million (down 41.29% YoY), while the FY2025 annual figure was $23.7 million, up 27.42% from the prior year.
• Depreciation and Depletion grew to $6.2 million in Q4 2025 per UPST's latest filing, from $5.6 million in the prior quarter.
• Across five years, Depreciation and Depletion topped out at $8.0 million in Q4 2023 and bottomed at $1.0 million in Q3 2021.
• Historically, Depreciation and Depletion has averaged $4.5 million across 5 years, with a median of $4.6 million in 2024.
• Annual changes were most pronounced in 2022 — Depreciation and Depletion soared 353.33% — and 2024, when it sank 45.0%.
• Upstart Holdings' Depreciation and Depletion stood at $1.5 million in 2021, then jumped by 353.33% to $6.8 million in 2022, then increased by 17.65% to $8.0 million in 2023, then slumped by 45.0% to $4.4 million in 2024, then soared by 40.91% to $6.2 million in 2025.
• Business Quant data shows UPST's Depreciation and Depletion at $6.2 million in Q4 2025, $5.6 million in Q2 2025, and $6.1 million in Q1 2025.