Upstart Holdings (UPST) Equity Average (2021 - 2026)

Upstart Holdings (UPST) posted quarterly Equity Average of $766.0 million for Q1 2026, up 16.96% YoY from $654.9 million in Q1 2025, and down 0.68% sequentially from $771.3 million in Q4 2025.

Upstart Holdings (UPST) Equity Average (2021 - 2026) Analysis & Trends

Upstart Holdings has disclosed Equity Average across 6 years of filings, most recently posting $766.0 million for Q1 2026.

  • In Q1 2026, Equity Average rose 16.96% year-over-year to $766.0 million; the TTM figure through Mar 2026 stood at $766.0 million (up 16.96% YoY), while the FY2025 annual figure was $716.0 million, up 12.89% from the prior year.
  • Equity Average declined to $766.0 million in Q1 2026, from $771.3 million in the prior quarter.
  • Over the last five years, Equity Average for UPST reached as high as $841.8 million in Q1 2022 and fell as low as $595.1 million in Q3 2024.
  • The 5-year median for Equity Average is $654.9 million (2025), against an average of $689.0 million.
  • Annual changes were most pronounced in 2022 — Equity Average surged 171.18% — and 2023, when it declined 22.8%.
  • A 5-year view of Equity Average shows it stood at $695.5 million in 2022, then decreased by 8.26% to $638.0 million in 2023, then decreased by 3.71% to $614.4 million in 2024, then gained by 25.54% to $771.3 million in 2025, then fell by 0.68% to $766.0 million in 2026.
  • According to Business Quant data, Equity Average over the past three periods registered $766.0 million, $771.3 million, and $732.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 37.22 Bn
2 Mastercard 465.55 Bn 455.34 Bn - 7.23 Bn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 33.73 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 20.14 Bn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 3.67 Bn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 10.65 Bn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 15.55 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 1.55 Bn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -
10 Upstart Holdings 3.46 Bn 2.99 Bn 221.97 Mn 765.99 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 765.99 Mn
Dec 31, 2025 771.27 Mn
Sep 30, 2025 732.86 Mn
Jun 30, 2025 699.33 Mn
Mar 31, 2025 654.93 Mn
Dec 31, 2024 614.38 Mn
Sep 30, 2024 595.12 Mn
Jun 30, 2024 603.75 Mn
Mar 31, 2024 624.05 Mn
Dec 31, 2023 638.03 Mn
Sep 30, 2023 639.45 Mn
Jun 30, 2023 632.68 Mn
Mar 31, 2023 649.82 Mn
Dec 31, 2022 695.50 Mn
Sep 30, 2022 737.82 Mn
Jun 30, 2022 816.79 Mn
Mar 31, 2022 841.79 Mn
Dec 31, 2021 763.08 Mn
Sep 30, 2021 717.59 Mn
Jun 30, 2021 518.34 Mn