Upstart Holdings (UPST) Free Cash Flow (2020 - 2026)

Upstart Holdings (UPST) has 7 years of Free Cash Flow data on file, last reported at -$137.5 million in Q1 2026.

• Free Cash Flow for Q1 2026 came in at -$137.5 million, down 919.87% year-over-year; the trailing twelve-month figure through Mar 2026 was -$272.1 million (down 310.64% YoY), and the FY2025 annual result was -$148.1 million, down 179.47% from the prior year.
• Free Cash Flow fell to -$137.5 million in Q1 2026 per UPST's latest filing, from $116.1 million in the prior quarter.
• Over five years, Free Cash Flow peaked at $217.3 million in Q2 2023 and troughed at -$270.5 million in Q1 2022.
• A 5-year average of -$51.6 million and a median of -$101.6 million in 2022 frame the typical range for Free Cash Flow.
• The sharpest annual moves came in 2022 and 2023: Free Cash Flow slumped 1527.05% in 2022, then soared 482.45% in 2023.
• A 5-year view of Free Cash Flow shows it stood at -$237.8 million in 2022, then jumped by 39.31% to -$144.3 million in 2023, then grew by 23.14% to -$110.9 million in 2024, then soared by 204.63% to $116.1 million in 2025, then sank by 218.5% to -$137.5 million in 2026.
• Business Quant data shows UPST's Free Cash Flow at -$137.5 million in Q1 2026, $116.1 million in Q4 2025, and -$130.4 million in Q3 2025.