Upstart Holdings (UPST) Non Operating Interest Expenses (2021 - 2024)
Upstart Holdings' (UPST) quarterly Non Operating Interest Expenses came in at $10.7 million in Q1 2024, up 50.22% year-over-year from $7.1 million in Q2 2023, and down 23.83% quarter-over-quarter from $14.1 million in Q4 2023.
Analysis
Upstart Holdings (UPST) Non Operating Interest Expenses (2021 - 2024) Analysis & Trends
Upstart Holdings (UPST) has reported Non Operating Interest Expenses for 4 consecutive years, with $10.7 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 50.22% year-over-year to $10.7 million in Q1 2024; TTM through Mar 2024 was $38.5 million, a 126.12% increase from a year earlier, with the FY2023 full-year figure at $34.9 million, up 221.81% from the prior year.
- Non Operating Interest Expenses was $10.7 million for Q1 2024 at Upstart Holdings, down from $14.1 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $14.1 million in Q4 2023 and troughed at $959000.0 in Q1 2022.
- A 4-year average of $6.2 million and a median of $4.9 million in 2021 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses tumbled 81.74% in 2022 and surged 643.69% in 2023, its largest moves.
- Over 4 years, Non Operating Interest Expenses stood at $5.3 million in 2021, then retreated by 13.9% to $4.5 million in 2022, then surged by 211.13% to $14.1 million in 2023, then declined by 23.83% to $10.7 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $10.7 million (Q1 2024), $14.1 million (Q4 2023), and $9.4 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | - |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | - |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | 19.02 Mn |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | -2.95 Mn |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | -230,000.00 |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 1.33 Mn |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | - |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn | -943,000.00 |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - | - |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn | 5.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 10.71 Mn |
| Dec 31, 2023 | 14.07 Mn |
| Sep 30, 2023 | 9.41 Mn |
| Jun 30, 2023 | 4.28 Mn |
| Mar 31, 2023 | 7.13 Mn |
| Dec 31, 2022 | 4.52 Mn |
| Sep 30, 2022 | 3.05 Mn |
| Jun 30, 2022 | 2.31 Mn |
| Mar 31, 2022 | 959,000.00 |
| Mar 31, 2021 | 5.25 Mn |