Upstart Holdings (UPST) Other Operating Expenses (2020 - 2026)

Upstart Holdings (UPST) posted quarterly Other Operating Expenses of $159.5 million for Q1 2026, up 60.4% YoY from $99.5 million in Q1 2025, and up 12.02% sequentially from $142.4 million in Q4 2025.

Upstart Holdings (UPST) Other Operating Expenses (2020 - 2026) Analysis & Trends

Upstart Holdings has disclosed Other Operating Expenses across 7 years of filings, most recently posting $159.5 million for Q1 2026.

  • In Q1 2026, Other Operating Expenses rose 60.4% year-over-year to $159.5 million; the TTM figure through Mar 2026 stood at $550.0 million (up 57.26% YoY), while the FY2025 annual figure was $489.9 million, up 50.83% from the prior year.
  • Other Operating Expenses rose to $159.5 million in Q1 2026, from $142.4 million in the prior quarter.
  • Over the last five years, Other Operating Expenses for UPST reached as high as $181.9 million in Q1 2022 and fell as low as $60.7 million in Q2 2023.
  • The 5-year median for Other Operating Expenses is $96.1 million (2024), against an average of $105.0 million.
  • Annual changes were most pronounced in 2022 — Other Operating Expenses soared 172.39% — and 2023, when it slumped 61.17%.
  • A 5-year view of Other Operating Expenses shows it stood at $94.2 million in 2022, then dropped by 20.53% to $74.9 million in 2023, then climbed by 28.28% to $96.1 million in 2024, then surged by 48.26% to $142.4 million in 2025, then gained by 12.02% to $159.5 million in 2026.
  • According to Business Quant data, Other Operating Expenses over the past three periods registered $159.5 million, $142.4 million, and $128.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Visa 587.74 Bn 575.34 Bn -
2 Mastercard 465.55 Bn 455.34 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
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 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
10 Upstart Holdings 3.46 Bn 2.99 Bn 221.97 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 159.55 Mn
Dec 31, 2025 142.43 Mn
Sep 30, 2025 128.63 Mn
Jun 30, 2025 119.35 Mn
Mar 31, 2025 99.47 Mn
Dec 31, 2024 96.07 Mn
Sep 30, 2024 82.53 Mn
Jun 30, 2024 71.64 Mn
Mar 31, 2024 74.56 Mn
Dec 31, 2023 74.89 Mn
Sep 30, 2023 69.96 Mn
Jun 30, 2023 60.69 Mn
Mar 31, 2023 72.03 Mn
Dec 31, 2022 94.24 Mn
Sep 30, 2022 101.39 Mn
Jun 30, 2022 156.28 Mn
Mar 31, 2022 181.86 Mn
Dec 31, 2021 155.86 Mn
Sep 30, 2021 128.32 Mn
Jun 30, 2021 100.08 Mn