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
DateValue
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