Upstart Holdings (UPST) Intangibles (2020 - 2026)
Upstart Holdings (UPST) posted quarterly Intangibles of $32.4 million for Q2 2025, up 25.8% year-over-year from $25.8 million in Q2 2024, and up 12.31% quarter-over-quarter from $28.9 million in Q1 2025.
Upstart Holdings (UPST) Intangibles (2020 - 2026) Analysis & Trends
Upstart Holdings (UPST) has reported Intangibles for 6 consecutive years, with $32.4 million the latest figure, recorded in 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 rose to $32.4 million in Q2 2025 per UPST's latest filing, from $28.9 million in the prior quarter.
- Across five years, Intangibles topped out at $37.0 million in Q3 2022 and bottomed at $8.7 million in Q1 2021.
- Historically, Intangibles has averaged $27.0 million across 5 years, with a median of $28.1 million in 2023.
- Annual changes were most pronounced in 2022 — Intangibles soared 220.13% — and 2023, when it retreated 22.97%.
- Upstart Holdings' Intangibles stood at $18.4 million in 2021, then soared by 98.32% to $36.5 million in 2022, then fell by 22.97% to $28.1 million in 2023, then decreased by 2.32% to $27.4 million in 2024, then increased by 18.24% to $32.4 million in 2025.
- Business Quant data shows UPST's Intangibles at $32.4 million in Q2 2025, $28.9 million in Q1 2025, and $27.4 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 27.53 Bn |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | 5.47 Bn |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | - |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 16.08 Bn |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 178.00 Mn |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | 6.23 Mn |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | 152.00 Mn |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | 27.44 Mn |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | 367.90 Mn |
| 10 | Upstart Holdings | 2.89 Bn | 2.44 Bn | 303.39 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 45.44 Mn |
| 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 |