Upstart Holdings (UPST) Free Cash Flow (2020 - 2026)
Upstart Holdings (UPST) reported Free Cash Flow of -$20.62 million for Q3 2026, compared with -$122.7 million a year earlier.
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Analysis
Upstart Holdings (UPST) Free Cash Flow (2020 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Upstart Holdings' Free Cash Flow came in at -$186.96 million; for FY2025, it came in at -$148.07 million.
- By year, Free Cash Flow came in at $185.49 million in FY2024, -$113.24 million in FY2023, -$666.69 million in FY2022 and $159.93 million in FY2021.
- Five-year quarterly Free Cash Flow spans a low of -$268.42 million in Q1 2022 and a high of $217.28 million in Q2 2023.
- Per Business Quant data, the three quarters before Q3 2026 came in at -$138.69 million (Q2 2026), -$136.05 million (Q1 2026) and $108.4 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 971.96 Mn |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | 1.43 Bn |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | 405.46 Mn |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | 530.00 Mn |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | -735.05 Mn |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | -392.83 Mn |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | 281.76 Mn |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 282.19 Mn |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | 121.34 Mn |
| 10 | Upstart Holdings | 2.14 Bn | 101.94 Mn | 307.18 Mn | -20.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -20.62 Mn |
| Jun 30, 2026 | -138.69 Mn |
| Mar 31, 2026 | -136.05 Mn |
| Dec 31, 2025 | 108.40 Mn |
| Sep 30, 2025 | -122.70 Mn |
| Jun 30, 2025 | -120.28 Mn |
| Mar 31, 2025 | -13.49 Mn |
| Dec 31, 2024 | -110.93 Mn |
| Sep 30, 2024 | 179.22 Mn |
| Jun 30, 2024 | 73.54 Mn |
| Mar 31, 2024 | 43.65 Mn |
| Dec 31, 2023 | -145.84 Mn |
| Sep 30, 2023 | -107.84 Mn |
| Jun 30, 2023 | 217.28 Mn |
| Mar 31, 2023 | -76.84 Mn |
| Dec 31, 2022 | -237.79 Mn |
| Sep 30, 2022 | -102.88 Mn |
| Jun 30, 2022 | -57.59 Mn |
| Mar 31, 2022 | -268.42 Mn |
| Dec 31, 2021 | -14.62 Mn |
API Access
Upstart Holdings Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=UPST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "UPST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=UPST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();