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

Upstart Holdings (UPST) reported Depreciation and Depletion of $6.2 million for Q4 2025, up 40.91% year-over-year from $4.4 million in Q4 2024, and up 10.71% quarter-over-quarter from $5.6 million in Q2 2025.

Upstart Holdings (UPST) Depreciation and Depletion (2021 - 2025) Analysis & Trends

Upstart Holdings (UPST) has 5 years of Depreciation and Depletion data on file, last reported at $6.2 million in Q4 2025.

  • Depreciation and Depletion for Q4 2025 came in at $6.2 million, up 40.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $11.8 million (down 41.29% YoY), and the FY2025 annual result was $23.7 million, up 27.42% from the prior year.
  • Depreciation and Depletion climbed to $6.2 million in Q4 2025 per UPST's latest filing, from $5.6 million in the prior quarter.
  • Over five years, Depreciation and Depletion peaked at $8.0 million in Q4 2023 and troughed at $1.0 million in Q3 2021.
  • A 5-year average of $4.5 million and a median of $4.6 million in 2024 frame the typical range for Depreciation and Depletion.
  • The sharpest annual moves came in 2022 and 2024: Depreciation and Depletion soared 353.33% in 2022, then sank 45.0% in 2024.
  • A 5-year view of Depreciation and Depletion shows it stood at $1.5 million in 2021, then soared by 353.33% to $6.8 million in 2022, then grew by 17.65% to $8.0 million in 2023, then sank by 45.0% to $4.4 million in 2024, then surged 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 Visa 541.66 Bn 529.25 Bn - -
2 Mastercard 437.55 Bn 427.34 Bn - -
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn -
4 Capital One Financial 112.47 Bn 35.97 Bn - -
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn -
6 Synchrony Financial 24.26 Bn 3.70 Bn - -
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 74.90 Mn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn -
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn -
10 Upstart Holdings 2.88 Bn 2.41 Bn 221.97 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 6.20 Mn
Dec 31, 2025 6.20 Mn
Jun 30, 2025 5.60 Mn
Jun 30, 2025 5.60 Mn
Mar 31, 2025 6.10 Mn
Mar 31, 2025 6.10 Mn
Dec 31, 2024 4.40 Mn
Dec 31, 2024 4.40 Mn
Sep 30, 2024 5.10 Mn
Sep 30, 2024 5.10 Mn
Jun 30, 2024 4.50 Mn
Jun 30, 2024 4.50 Mn
Mar 31, 2024 4.60 Mn
Mar 31, 2024 4.60 Mn
Dec 31, 2023 8.00 Mn
Dec 31, 2023 8.00 Mn
Sep 30, 2023 3.90 Mn
Sep 30, 2023 3.90 Mn
Jun 30, 2023 4.40 Mn
Jun 30, 2023 4.40 Mn