Upstart Holdings (UPST) Research & Development (2020 - 2026)

Upstart Holdings (UPST) has reported Research & Development for 7 consecutive years, with $114.5 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Research & Development rose 56.64% year-over-year to $114.5 million in Q2 2026; TTM through Jun 2026 was $388.4 million, a 47.02% increase from a year earlier, with the FY2025 full-year figure at $301.5 million, up 18.87% from the prior year.
• Research & Development was $114.5 million for Q2 2026 at Upstart Holdings, up from $104.5 million in the prior quarter.
• Over five years, Research & Development peaked at $133.4 million in Q1 2022 and troughed at $50.8 million in Q4 2022.
• A 5-year average of $78.3 million and a median of $66.7 million in 2022 frame the typical range for Research & Development.
• The widest YoY moves for Research & Development: up 170.27% in 2022, down 55.8% in 2022.
• Over 5 years, Research & Development stood at $50.8 million in 2022, then climbed by 12.61% to $57.2 million in 2023, then gained by 17.62% to $67.2 million in 2024, then surged by 34.76% to $90.6 million in 2025, then climbed by 26.41% to $114.5 million in 2026.
• The last three Research & Development figures came in at $114.5 million (Q2 2026), $104.5 million (Q1 2026), and $90.6 million (Q4 2025), per Business Quant data.