Growth Metrics

Upstart Holdings (UPST) Operating Expenses: 2020-2025

Historic Operating Expenses for Upstart Holdings (UPST) over the last 6 years, with Sep 2025 value amounting to $253.4 million.

  • Upstart Holdings' Operating Expenses rose 22.26% to $253.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $947.8 million, marking a year-over-year increase of 22.53%. This contributed to the annual value of $809.4 million for FY2024, which is 5.10% up from last year.
  • Latest data reveals that Upstart Holdings reported Operating Expenses of $253.4 million as of Q3 2025, which was up 0.27% from $252.7 million recorded in Q2 2025.
  • Upstart Holdings' 5-year Operating Expenses high stood at $275.3 million for Q1 2022, and its period low was $105.8 million during Q1 2021.
  • For the 3-year period, Upstart Holdings' Operating Expenses averaged around $209.4 million, with its median value being $207.3 million (2024).
  • As far as peak fluctuations go, Upstart Holdings' Operating Expenses skyrocketed by 448.53% in 2021, and later crashed by 35.02% in 2023.
  • Over the past 5 years, Upstart Holdings' Operating Expenses (Quarterly) stood at $244.4 million in 2021, then decreased by 15.96% to $205.4 million in 2022, then decreased by 8.57% to $187.8 million in 2023, then increased by 19.12% to $223.7 million in 2024, then rose by 22.26% to $253.4 million in 2025.
  • Its Operating Expenses stands at $253.4 million for Q3 2025, versus $252.7 million for Q2 2025 and $217.9 million for Q1 2025.