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

Upstart Holdings has disclosed Depreciation and Depletion across 5 years of filings, most recently posting $6.2 million for 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 rose to $6.2 million in Q4 2025, from $5.6 million in the prior quarter.
• Over the last five years, Depreciation and Depletion for UPST reached as high as $8.0 million in Q4 2023 and fell as low as $1.0 million in Q3 2021.
• The 5-year median for Depreciation and Depletion is $4.6 million (2024), against an average of $4.5 million.
• Annual changes were most pronounced in 2022 — Depreciation and Depletion soared 353.33% — and 2024, when it tumbled 45.0%.
• 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 tumbled by 45.0% to $4.4 million in 2024, then surged by 40.91% to $6.2 million in 2025.
• According to Business Quant data, Depreciation and Depletion over the past three periods registered $6.2 million, $5.6 million, and $6.1 million for Q4 2025, Q2 2025, and Q1 2025 respectively.