Upstart Holdings (UPST) Enterprise Value (2020 - 2026)
Upstart Holdings' Enterprise Value was $3 billion in Q2 2026, down 48.5% from $5.83 billion a year earlier but up 51.2% from the prior quarter.
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Analysis
Upstart Holdings (UPST) Enterprise Value (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Upstart Holdings' Enterprise Value was $1.39 billion through Jun 30, 2026, down 66.0% year-over-year; for FY2025, it was $3.64 billion, down 26.9% from FY2024.
- Enterprise Value shows a five-year compound annual growth rate of 38.5% (FY2020 to FY2025).
- In earlier years, Enterprise Value was $4.98 billion in FY2024 (+57.3%), $3.16 billion in FY2023 (+194.5%), $1.07 billion in FY2022 (-91.5%) and $12.66 billion in FY2021.
- Quarterly Enterprise Value has moved between $1.07 billion (Q4 2022) and $25.8 billion (Q3 2021) over five years.
- Compared with a year earlier, Enterprise Value has declined for three straight quarters, with growth averaging 30.3% over the last eight quarters.
- The best year-over-year quarter for Enterprise Value over five years was Q4 2023 (growth of 194.5%); the worst was Q3 2022 (a decline of 93.4%).
- Per Business Quant data, UPST's Enterprise Value in the three quarters before Q2 2026 was $1.99 billion (Q1 2026), $3.64 billion (Q4 2025) and $4.46 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | PayPal Holdings | 49.20 Bn | 7.90 Bn | - |
| 2 | Block | 46.30 Bn | 17.56 Bn | 3.17 Bn |
| 3 | Coinbase Global | 36.49 Bn | -3.15 Bn | - |
| 4 | Fiserv | 27.61 Bn | 24.31 Bn | 2.90 Bn |
| 5 | Corpay | 26.86 Bn | 17.06 Bn | - |
| 6 | Global Payments | 26.48 Bn | 4.92 Bn | 2.03 Bn |
| 7 | Iren | 16.76 Bn | 4.35 Bn | 103.89 Mn |
| 8 | Guidewire Software | 13.32 Bn | 9.89 Bn | 269.68 Mn |
| 9 | Jack Henry & Associates | 11.46 Bn | 11.36 Bn | 273.85 Mn |
| 10 | Upstart Holdings | 2.07 Bn | 2.55 Mn | 303.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.99 Bn |
| Mar 31, 2026 | 1.98 Bn |
| Dec 31, 2025 | 3.63 Bn |
| Sep 30, 2025 | 4.45 Bn |
| Jun 30, 2025 | 5.82 Bn |
| Mar 31, 2025 | 3.78 Bn |
| Dec 31, 2024 | 4.97 Bn |
| Sep 30, 2024 | 3.64 Bn |
| Jun 30, 2024 | 2.10 Bn |
| Mar 31, 2024 | 2.36 Bn |
| Dec 31, 2023 | 3.16 Bn |
| Sep 30, 2023 | 2.43 Bn |
| Jun 30, 2023 | 3.00 Bn |
| Mar 31, 2023 | 1.31 Bn |
| Dec 31, 2022 | 1.07 Bn |
| Sep 30, 2022 | 1.70 Bn |
| Jun 30, 2022 | 2.60 Bn |
| Mar 31, 2022 | 9.24 Bn |
| Dec 31, 2021 | 12.66 Bn |
| Sep 30, 2021 | 25.80 Bn |
API Access
Upstart Holdings Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=UPST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "UPST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=UPST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();