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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | PayPal Holdings | 49.04 Bn | 7.27 Bn | - |
| 2 | Coinbase Global | 47.52 Bn | 4.33 Bn | - |
| 3 | Block | 45.61 Bn | 16.91 Bn | 3.17 Bn |
| 4 | Corpay | 26.34 Bn | 16.23 Bn | - |
| 5 | Fiserv | 24.61 Bn | 21.29 Bn | 2.90 Bn |
| 6 | Global Payments | 22.07 Bn | -135.34 Mn | 2.03 Bn |
| 7 | Guidewire Software | 13.93 Bn | 10.49 Bn | 269.68 Mn |
| 8 | Bitmine Immersion Technologies | 13.17 Bn | 10.55 Bn | 40.81 Mn |
| 9 | Chime Financial | 11.48 Bn | 7.27 Bn | 594.87 Mn |
| 10 | Upstart Holdings | 2.26 Bn | 188.28 Mn | 303.39 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.00 Bn |
| Mar 31, 2026 | 1.99 Bn |
| Dec 31, 2025 | 3.64 Bn |
| Sep 30, 2025 | 4.46 Bn |
| Jun 30, 2025 | 5.83 Bn |
| Mar 31, 2025 | 3.78 Bn |
| Dec 31, 2024 | 4.98 Bn |
| Sep 30, 2024 | 3.65 Bn |
| Jun 30, 2024 | 2.11 Bn |
| Mar 31, 2024 | 2.37 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 |
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_KEY
import 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();