Upstart Holdings (UPST) Enterprise Value (2023 - 2026)
Upstart Holdings (UPST) posted quarterly Enterprise Value of -$469.7 million for Q1 2026, up 21.16% YoY from -$387.7 million in Q1 2025, and up 27.44% sequentially from -$647.3 million in Q4 2025.
Upstart Holdings (UPST) Enterprise Value (2023 - 2026) Analysis & Trends
Upstart Holdings has disclosed Enterprise Value across 4 years of filings, most recently posting -$469.7 million for Q1 2026.
- In Q1 2026, Enterprise Value rose 21.16% year-over-year to -$469.7 million; the TTM figure through Mar 2026 stood at -$469.7 million (up 21.16% YoY), while the FY2025 annual figure was -$647.3 million, up 16.83% from the prior year.
- Enterprise Value rose to -$469.7 million in Q1 2026, from -$647.3 million in the prior quarter.
- Over the last five years, Enterprise Value for UPST reached as high as $13.2 million in Q3 2024 and fell as low as -$778.3 million in Q4 2024.
- The 4-year median for Enterprise Value is -$427.6 million (2025), against an average of -$368.4 million.
- Annual changes were most pronounced in 2025 — Enterprise Value slumped 7121.17% — and 2026, when it grew 21.16%.
- A 4-year view of Enterprise Value shows it stood at -$364.2 million in 2023, then slumped by 113.72% to -$778.3 million in 2024, then rose by 16.83% to -$647.3 million in 2025, then climbed by 27.44% to -$469.7 million in 2026.
- According to Business Quant data, Enterprise Value over the past three periods registered -$469.7 million, -$647.3 million, and -$476.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | -12.40 Bn |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | -10.21 Bn |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | -54.05 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | -9.34 Bn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | -1.72 Bn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | -3.40 Bn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | -444.00 Mn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | -22.80 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | -1.26 Bn |
| 10 | Upstart Holdings | 3.46 Bn | 2.99 Bn | 221.97 Mn | -469.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -469.70 Mn |
| Dec 31, 2025 | -647.31 Mn |
| Sep 30, 2025 | -476.60 Mn |
| Jun 30, 2025 | -385.41 Mn |
| Mar 31, 2025 | -595.75 Mn |
| Dec 31, 2024 | -778.33 Mn |
| Sep 30, 2024 | 13.16 Mn |
| Jun 30, 2024 | 11.20 Mn |
| Mar 31, 2024 | 8.49 Mn |
| Dec 31, 2023 | -364.18 Mn |