Upstart Holdings (UPST) Enterprise Value (2023 - 2026)
Upstart Holdings (UPST) posted quarterly Enterprise Value of -$469.7 million for Q1 2026, up 21.16% year-over-year from -$387.7 million in Q1 2025, and up 27.44% quarter-over-quarter from -$647.3 million in Q4 2025.
Upstart Holdings (UPST) Enterprise Value (2023 - 2026) Analysis & Trends
Upstart Holdings (UPST) has reported Enterprise Value for 4 consecutive years, with -$469.7 million the latest figure, recorded in 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 grew to -$469.7 million in Q1 2026 per UPST's latest filing, from -$647.3 million in the prior quarter.
- Across five years, Enterprise Value topped out at $13.2 million in Q3 2024 and bottomed at -$778.3 million in Q4 2024.
- Historically, Enterprise Value has averaged -$368.4 million across 4 years, with a median of -$427.6 million in 2025.
- Annual changes were most pronounced in 2025 — Enterprise Value plunged 7121.17% — and 2026, when it grew 21.16%.
- Upstart Holdings' Enterprise Value stood at -$364.2 million in 2023, then sank by 113.72% to -$778.3 million in 2024, then gained by 16.83% to -$647.3 million in 2025, then grew by 27.44% to -$469.7 million in 2026.
- Business Quant data shows UPST's Enterprise Value at -$469.7 million in Q1 2026, -$647.3 million in Q4 2025, and -$476.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | -12.36 Bn |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | -13.49 Bn |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | -49.32 Bn |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | -54.71 Bn |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | -11.26 Bn |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | -470,774.29 |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | -16.19 Bn |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | -1.72 Bn |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | -359.71 Mn |
| 10 | Upstart Holdings | 2.89 Bn | 2.44 Bn | 303.39 Mn | -445.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -445.80 Mn |
| 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 |