Upstart Holdings (UPST) Other Working Capital Changes (2020 - 2026)

Upstart Holdings (UPST) posted quarterly Other Working Capital Changes of -$4.4 million for Q1 2026, up 32.05% YoY from -$3.3 million in Q1 2025, and up 62.21% sequentially from -$11.6 million in Q4 2025.

Upstart Holdings (UPST) Other Working Capital Changes (2020 - 2026) Analysis & Trends

Upstart Holdings has disclosed Other Working Capital Changes across 7 years of filings, most recently posting -$4.4 million for Q1 2026.

  • In Q1 2026, Other Working Capital Changes rose 32.05% year-over-year to -$4.4 million; the TTM figure through Mar 2026 stood at -$13.3 million (down 1033.96% YoY), while the FY2025 annual figure was -$15.4 million, down 277.22% from the prior year.
  • Other Working Capital Changes advanced to -$4.4 million in Q1 2026, from -$11.6 million in the prior quarter.
  • Over the last five years, Other Working Capital Changes for UPST reached as high as $9.0 million in Q4 2023 and fell as low as -$11.6 million in Q4 2025.
  • The 5-year median for Other Working Capital Changes is $239000.0 (2025), against an average of -$372058.8.
  • Annual changes were most pronounced in 2024 — Other Working Capital Changes jumped 369.61% — and 2025, when it slumped 880.24%.
  • A 5-year view of Other Working Capital Changes shows it stood at $4.5 million in 2022, then surged by 97.07% to $9.0 million in 2023, then slipped by 26.55% to $6.6 million in 2024, then sank by 275.91% to -$11.6 million in 2025, then surged by 62.21% to -$4.4 million in 2026.
  • According to Business Quant data, Other Working Capital Changes over the past three periods registered -$4.4 million, -$11.6 million, and $239000.0 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 -4.37 Mn
Mar 31, 2026 -4.37 Mn
Dec 31, 2025 -11.58 Mn
Dec 31, 2025 -11.58 Mn
Sep 30, 2025 239,000.00
Sep 30, 2025 239,000.00
Jun 30, 2025 2.37 Mn
Jun 30, 2025 2.37 Mn
Mar 31, 2025 -6.44 Mn
Mar 31, 2025 -6.44 Mn
Dec 31, 2024 6.58 Mn
Dec 31, 2024 6.58 Mn
Sep 30, 2024 7.83 Mn
Sep 30, 2024 7.83 Mn
Jun 30, 2024 -6.55 Mn
Jun 30, 2024 -6.55 Mn
Mar 31, 2024 825,000.00
Mar 31, 2024 825,000.00
Dec 31, 2023 8.96 Mn
Dec 31, 2023 8.96 Mn