Upstart Holdings (UPST) FCF Margin (2020 - 2026)

Upstart Holdings has disclosed FCF Margin across 7 years of filings, most recently posting 49.64% for Q1 2026.

• In Q1 2026, FCF Margin fell 4237.0% year-over-year to 49.64%; the TTM figure through Mar 2026 stood at 25.72% (down 4479.0% YoY), while the FY2025 annual figure was 15.59%, down 4491.0% from the prior year.
• FCF Margin slipped to 49.64% in Q1 2026, from 43.76% in the prior quarter.
• Over the last five years, FCF Margin for UPST reached as high as 160.04% in Q2 2023 and fell as low as 161.86% in Q4 2022.
• The 5-year median for FCF Margin is 49.64% (2026), against an average of 21.13%.
• Annual changes were most pronounced in 2024 — FCF Margin surged 18616 bps — and 2025, when it tumbled 16311 bps.
• A 5-year view of FCF Margin shows it stood at 161.86% in 2022, then jumped by 52 bps to 77.1% in 2023, then increased by 28 bps to 55.66% in 2024, then surged by 179 bps to 43.76% in 2025, then tumbled by 213 bps to 49.64% in 2026.
• According to Business Quant data, FCF Margin over the past three periods registered 49.64%, 43.76%, and 50.43% for Q1 2026, Q4 2025, and Q3 2025 respectively.