Upstart Holdings (UPST) Equity Average (2021 - 2026)
Upstart Holdings (UPST) reported Equity Average of $766.0 million for Q1 2026, up 16.96% year-over-year from $654.9 million in Q1 2025, and down 0.68% quarter-over-quarter from $771.3 million in Q4 2025.
Upstart Holdings (UPST) Equity Average (2021 - 2026) Analysis & Trends
Upstart Holdings (UPST) has 6 years of Equity Average data on file, last reported at $766.0 million in Q1 2026.
- Equity Average for Q1 2026 came in at $766.0 million, up 16.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $766.0 million (up 16.96% YoY), and the FY2025 annual result was $716.0 million, up 12.89% from the prior year.
- Equity Average slipped to $766.0 million in Q1 2026 per UPST's latest filing, from $771.3 million in the prior quarter.
- Over five years, Equity Average peaked at $841.8 million in Q1 2022 and troughed at $595.1 million in Q3 2024.
- A 5-year average of $689.0 million and a median of $654.9 million in 2025 frame the typical range for Equity Average.
- The sharpest annual moves came in 2022 and 2023: Equity Average surged 171.18% in 2022, then declined 22.8% in 2023.
- 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.
- Business Quant data shows UPST's Equity Average at $766.0 million in Q1 2026, $771.3 million in Q4 2025, and $732.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 37.22 Bn |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 7.23 Bn |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 33.73 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 112.94 Bn |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 20.14 Bn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 16.62 Bn |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 3.67 Bn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 10.65 Bn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 15.55 Bn |
| 10 | Upstart Holdings | 2.88 Bn | 2.41 Bn | 221.97 Mn | 765.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |