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 Sales (2020 - 2026)

Upstart Holdings' (UPST) quarterly Price to Sales came in at 9.45 in Q2 2026, down 60.87% year-over-year from 24.16 in Q2 2025, and up 18.68% quarter-over-quarter from 7.97 in Q1 2026.

Analysis

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

Upstart Holdings (UPST) has reported Price to Sales for 7 consecutive years, with 9.45 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Price to Sales fell 60.87% year-over-year to 9.45 in Q2 2026; TTM through Jun 2026 was 2.77, a 62.67% decrease from a year earlier, with the FY2025 full-year figure at 4.11, down 54.58% from the prior year.
  • Price to Sales was 9.45 for Q2 2026 at Upstart Holdings, up from 7.97 in the prior quarter.
  • Over five years, Price to Sales peaked at 29.42 in Q1 2022 and troughed at 6.9 in Q4 2022.
  • A 5-year average of 16.98 and a median of 16.82 in 2023 frame the typical range for Price to Sales.
  • Across the five-year window, Price to Sales slumped 91.6% in 2022 and surged 234.27% in 2023, its largest moves.
  • Over 5 years, Price to Sales stood at 6.9 in 2022, then surged by 234.27% to 23.08 in 2023, then climbed by 24.47% to 28.73 in 2024, then tumbled by 49.6% to 14.48 in 2025, then slumped by 34.71% to 9.45 in 2026.
  • The last three Price to Sales figures came in at 9.45 (Q2 2026), 7.97 (Q1 2026), and 14.48 (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 9.45
Mar 31, 2026 7.97
Dec 31, 2025 14.48
Sep 30, 2025 17.83
Jun 30, 2025 24.16
Mar 31, 2025 20.51
Dec 31, 2024 28.73
Sep 30, 2024 21.72
Jun 30, 2024 16.10
Mar 31, 2024 17.10
Dec 31, 2023 23.08
Sep 30, 2023 16.54
Jun 30, 2023 20.89
Mar 31, 2023 11.20
Dec 31, 2022 6.90
Sep 30, 2022 9.49
Jun 30, 2022 10.06
Mar 31, 2022 29.42
Dec 31, 2021 41.52
Sep 30, 2021 112.95