Upstart Holdings (UPST) Intangibles (2020 - 2025)

Upstart Holdings (UPST) posted quarterly Intangibles of $32.4 million for Q2 2025, up 25.8% YoY from $25.8 million in Q2 2024, and up 12.31% sequentially from $28.9 million in Q1 2025.

Upstart Holdings (UPST) Intangibles (2020 - 2025) Analysis & Trends

Upstart Holdings has disclosed Intangibles across 6 years of filings, most recently posting $32.4 million for Q2 2025.

  • In Q2 2025, Intangibles rose 25.8% year-over-year to $32.4 million; the TTM figure through Jun 2025 stood at $32.4 million (up 25.8% YoY), while the FY2024 annual figure was $27.4 million, down 2.32% from the prior year.
  • Intangibles improved to $32.4 million in Q2 2025, from $28.9 million in the prior quarter.
  • Over the last five years, Intangibles for UPST reached as high as $37.0 million in Q3 2022 and fell as low as $8.7 million in Q1 2021.
  • The 5-year median for Intangibles is $28.1 million (2023), against an average of $27.0 million.
  • Annual changes were most pronounced in 2022 — Intangibles soared 220.13% — and 2023, when it retreated 22.97%.
  • A 5-year view of Intangibles shows it stood at $18.4 million in 2021, then surged by 98.32% to $36.5 million in 2022, then declined by 22.97% to $28.1 million in 2023, then retreated by 2.32% to $27.4 million in 2024, then grew by 18.24% to $32.4 million in 2025.
  • According to Business Quant data, Intangibles over the past three periods registered $32.4 million, $28.9 million, and $27.4 million for Q2 2025, Q1 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 27.75 Bn
2 Mastercard 465.55 Bn 455.34 Bn - 5.50 Bn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn -
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 206.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 27.44 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 215.09 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn -
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn -
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn 38.10 Mn
10 Upstart Holdings 3.46 Bn 2.99 Bn 221.97 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2025 32.44 Mn
Mar 31, 2025 28.89 Mn
Dec 31, 2024 27.44 Mn
Jun 30, 2024 25.79 Mn
Mar 31, 2024 26.75 Mn
Dec 31, 2023 28.09 Mn
Sep 30, 2023 30.09 Mn
Jun 30, 2023 33.34 Mn
Mar 31, 2023 34.65 Mn
Dec 31, 2022 36.47 Mn
Sep 30, 2022 37.04 Mn
Jun 30, 2022 35.17 Mn
Mar 31, 2022 27.96 Mn
Dec 31, 2021 18.39 Mn
Sep 30, 2021 12.38 Mn
Jun 30, 2021 15.45 Mn
Mar 31, 2021 8.73 Mn
Dec 31, 2020 6.83 Mn
Sep 30, 2020 6.56 Mn
Jun 30, 2020 5.88 Mn