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

Upstart Holdings (UPST) has reported Free Cash Flow for 7 consecutive years, with -$140.8 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Free Cash Flow fell 13.19% year-over-year to -$140.8 million in Q2 2026; TTM through Jun 2026 was -$300.1 million, a 268.48% decrease from a year earlier, with the FY2025 full-year figure at -$165.8 million, down 193.57% from the prior year.
• Free Cash Flow was -$140.8 million for Q2 2026 at Upstart Holdings, down from -$137.5 million in the prior quarter.
• Over five years, Free Cash Flow peaked at $215.3 million in Q2 2023 and troughed at -$270.5 million in Q1 2022.
• A 5-year average of -$59.0 million and a median of -$107.9 million in 2022 frame the typical range for Free Cash Flow.
• Across the five-year window, Free Cash Flow sank 1537.37% in 2022 and soared 479.04% in 2023, its largest moves.
• Over 5 years, Free Cash Flow stood at -$239.3 million in 2022, then jumped by 38.56% to -$147.0 million in 2023, then rose by 22.23% to -$114.3 million in 2024, then surged by 191.64% to $104.8 million in 2025, then slumped by 234.39% to -$140.8 million in 2026.
• The last three Free Cash Flow figures came in at -$140.8 million (Q2 2026), -$137.5 million (Q1 2026), and $104.8 million (Q4 2025), per Business Quant data.