Upstart Holdings (UPST) Operating Leases (2020 - 2026)

Upstart Holdings has disclosed Operating Leases across 7 years of filings, most recently posting $17.5 million for Q1 2026.

• In Q1 2026, Operating Leases fell 62.72% year-over-year to $17.5 million; the TTM figure through Mar 2026 stood at $17.5 million (down 62.72% YoY), while the FY2025 annual figure was $21.1 million, down 57.94% from the prior year.
• Operating Leases slipped to $17.5 million in Q1 2026, from $21.1 million in the prior quarter.
• Over the last five years, Operating Leases for UPST reached as high as $100.8 million in Q4 2022 and fell as low as $17.5 million in Q1 2026.
• The 5-year median for Operating Leases is $59.4 million (2024), against an average of $67.1 million.
• Annual changes were most pronounced in 2022 — Operating Leases surged 461.73% — and 2026, when it slumped 62.72%.
• A 5-year view of Operating Leases shows it stood at $100.8 million in 2022, then plunged by 38.16% to $62.3 million in 2023, then dropped by 19.33% to $50.3 million in 2024, then slumped by 57.94% to $21.1 million in 2025, then slipped by 17.03% to $17.5 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $17.5 million, $21.1 million, and $40.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.