Upstart Holdings (UPST) Share-based Compensation (2020 - 2026)

Upstart Holdings (UPST) reported Share-based Compensation of $34.8 million for Q1 2026, up 16.69% year-over-year from $29.8 million in Q1 2025, and up 7.27% quarter-over-quarter from $32.5 million in Q4 2025.

Upstart Holdings (UPST) Share-based Compensation (2020 - 2026) Analysis & Trends

Upstart Holdings (UPST) has 7 years of Share-based Compensation data on file, last reported at $34.8 million in Q1 2026.

  • Share-based Compensation for Q1 2026 came in at $34.8 million, up 16.69% year-over-year; the trailing twelve-month figure through Mar 2026 was $136.9 million (up 7.43% YoY), and the FY2025 annual result was $132.0 million, down 1.09% from the prior year.
  • Share-based Compensation rose to $34.8 million in Q1 2026 per UPST's latest filing, from $32.5 million in the prior quarter.
  • Over five years, Share-based Compensation peaked at $74.1 million in Q1 2023 and troughed at $25.0 million in Q1 2022.
  • A 5-year average of $35.4 million and a median of $33.9 million in 2022 frame the typical range for Share-based Compensation.
  • The sharpest annual moves came in 2023 and 2024: Share-based Compensation surged 195.84% in 2023, then sank 51.72% in 2024.
  • A 5-year view of Share-based Compensation shows it stood at $33.9 million in 2022, then slipped by 3.37% to $32.8 million in 2023, then slipped by 9.06% to $29.8 million in 2024, then increased by 8.92% to $32.5 million in 2025, then gained by 7.27% to $34.8 million in 2026.
  • Business Quant data shows UPST's Share-based Compensation at $34.8 million in Q1 2026, $32.5 million in Q4 2025, and $34.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 275.00 Mn
2 Mastercard 437.55 Bn 427.34 Bn - 136.00 Mn
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 203.00 Mn
4 Capital One Financial 112.47 Bn 35.97 Bn - 131.00 Mn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 259.00 Mn
6 Synchrony Financial 24.26 Bn 3.70 Bn - -
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 73.84 Mn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn 72.01 Mn
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn -
10 Upstart Holdings 2.88 Bn 2.41 Bn 221.97 Mn 34.81 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 34.81 Mn
Mar 31, 2026 34.81 Mn
Dec 31, 2025 32.45 Mn
Dec 31, 2025 32.45 Mn
Sep 30, 2025 34.16 Mn
Sep 30, 2025 34.16 Mn
Jun 30, 2025 35.51 Mn
Jun 30, 2025 35.51 Mn
Mar 31, 2025 29.83 Mn
Mar 31, 2025 29.83 Mn
Dec 31, 2024 29.80 Mn
Dec 31, 2024 29.80 Mn
Sep 30, 2024 33.62 Mn
Sep 30, 2024 33.62 Mn
Jun 30, 2024 34.21 Mn
Jun 30, 2024 34.21 Mn
Mar 31, 2024 35.78 Mn
Mar 31, 2024 35.78 Mn
Dec 31, 2023 32.77 Mn
Dec 31, 2023 32.77 Mn