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| Date | Value |
|---|---|
| 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 |