Upstart Holdings UPST
NASDAQ UPST
$28.05 -0.47 (-1.65%)
At close: Sep 4, 2026 · 4:00 PM EDT

Upstart Holdings (UPST) Price to FCF (2020 - 2026)

Upstart Holdings' (UPST) quarterly Price to FCF came in at 24.48 in Q2 2026, up 50.99% year-over-year from 16.21 in Q2 2025, and down 37.16% quarter-over-quarter from 17.85 in Q1 2026.

Analysis

Upstart Holdings (UPST) Price to FCF (2020 - 2026) Analysis & Trends

Upstart Holdings (UPST) has reported Price to FCF for 7 consecutive years, with 24.48 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Price to FCF rose 50.99% year-over-year to 24.48 in Q2 2026; TTM through Jun 2026 was 11.49, a 84.95% increase from a year earlier, with the FY2025 full-year figure at 25.86, down 179.61% from the prior year.
  • Price to FCF was 24.48 for Q2 2026 at Upstart Holdings, down from 17.85 in the prior quarter.
  • Over five years, Price to FCF peaked at 54.56 in Q1 2024 and troughed at 222.76 in Q1 2025.
  • A 5-year average of 22.66 and a median of 19.9 in 2023 frame the typical range for Price to FCF.
  • Across the five-year window, Price to FCF jumped 432.88% in 2024 and slumped 508.26% in 2025, its largest moves.
  • Over 5 years, Price to FCF stood at 4.49 in 2022, then tumbled by 434.46% to 23.99 in 2023, then tumbled by 109.77% to 50.33 in 2024, then jumped by 181.29% to 40.91 in 2025, then tumbled by 159.84% to 24.48 in 2026.
  • The last three Price to FCF figures came in at 24.48 (Q2 2026), 17.85 (Q1 2026), and 40.91 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Upstart Holdings 2.73 Bn 2.28 Bn 303.39 Mn
2 Pagaya Technologies 1.92 Bn 1.72 Bn 168.33 Mn
3 Qfin Holdings 1.10 Bn 108.74 Mn -
4 FinVolution 856.70 Mn -70.30 Mn -
5 X Financial 432.29 Mn -136.02 Mn 84.09 Mn
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn
7 Blend Labs 361.86 Mn 317.00 Mn 24.89 Mn
8 LexinFintech Holdings 294.80 Mn 294.80 Mn 73.06 Mn
9 Antalpha Platform Holding 85.61 Mn -804.10 Mn 11.94 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -24.48
Mar 31, 2026 -17.85
Dec 31, 2025 40.91
Sep 30, 2025 -39.06
Jun 30, 2025 -49.96
Mar 31, 2025 -222.76
Dec 31, 2024 -50.33
Sep 30, 2024 20.57
Jun 30, 2024 29.48
Mar 31, 2024 54.56
Dec 31, 2023 -23.99
Sep 30, 2023 -21.96
Jun 30, 2023 13.94
Mar 31, 2023 -16.39
Dec 31, 2022 -4.49
Sep 30, 2022 -16.14
Jun 30, 2022 -45.74
Mar 31, 2022 -34.16
Dec 31, 2021 -866.08
Sep 30, 2021 632.52