Upstart Holdings UPST
NASDAQ UPST
$29.08 -1.38 (-4.53%)
At close: Aug 28, 2026 · 4:00 PM EDT

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% year-over-year from $99.5 million in Q1 2025, and down 1.91% quarter-over-quarter from $162.7 million in Q4 2025.

Analysis

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

Upstart Holdings (UPST) has reported Other Operating Expenses for 7 consecutive years, with $159.5 million the latest figure, recorded in 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 $551.1 million (up 100.68% YoY), while the FY2025 annual figure was $489.9 million, up 50.83% from the prior year.
  • Other Operating Expenses eased to $159.5 million in Q1 2026 per UPST's latest filing, from $162.7 million in the prior quarter.
  • Across five years, Other Operating Expenses topped out at $216.0 million in Q4 2022 and bottomed at -$59.7 million in Q4 2023.
  • Historically, Other Operating Expenses has averaged $92.2 million across 5 years, with a median of $98.4 million in 2022.
  • Annual changes were most pronounced in 2023 — Other Operating Expenses sank 127.65% — and 2025, when it soared 675.63%.
  • Upstart Holdings' Other Operating Expenses stood at $216.0 million in 2022, then slumped by 127.65% to -$59.7 million in 2023, then surged by 135.11% to $21.0 million in 2024, then jumped by 675.63% to $162.7 million in 2025, then decreased by 1.91% to $159.5 million in 2026.
  • Business Quant data shows UPST's Other Operating Expenses at $159.5 million in Q1 2026, $162.7 million in Q4 2025, and $113.8 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Visa 680.39 Bn 668.03 Bn -
2 Mastercard 518.33 Bn 504.84 Bn -
3 American Express 224.91 Bn 175.59 Bn 17.99 Bn
4 Capital One Financial 132.31 Bn 77.60 Bn -
5 PayPal Holdings 46.25 Bn 35.00 Bn -
6 Affirm Holdings 26.22 Bn 24.59 Bn -
7 Synchrony Financial 25.37 Bn 9.17 Bn -
8 SoFi Technologies 23.30 Bn 20.18 Bn 1.02 Bn
9 Ally Financial 12.85 Bn 5.01 Bn 2.08 Bn
10 Upstart Holdings 2.83 Bn 2.38 Bn 303.39 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 155.18 Mn
Mar 31, 2026 135.21 Mn
Dec 31, 2025 118.75 Mn
Sep 30, 2025 113.82 Mn
Jun 30, 2025 115.07 Mn
Mar 31, 2025 98.34 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 107.52 Mn
Sep 30, 2022 101.39 Mn
Jun 30, 2022 108.12 Mn
Mar 31, 2022 98.40 Mn
Dec 31, 2021 87.54 Mn
Sep 30, 2021 72.06 Mn