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
DateValue
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