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

Upstart Holdings (UPST) posted quarterly Share-based Compensation of $34.8 million for Q1 2026, up 16.69% YoY from $29.8 million in Q1 2025, and up 7.27% sequentially from $32.5 million in Q4 2025.

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

Upstart Holdings has disclosed Share-based Compensation across 7 years of filings, most recently posting $34.8 million for Q1 2026.

  • In Q1 2026, Share-based Compensation rose 16.69% year-over-year to $34.8 million; the TTM figure through Mar 2026 stood at $136.9 million (up 7.43% YoY), while the FY2025 annual figure was $132.0 million, down 1.09% from the prior year.
  • Share-based Compensation advanced to $34.8 million in Q1 2026, from $32.5 million in the prior quarter.
  • Over the last five years, Share-based Compensation for UPST reached as high as $74.1 million in Q1 2023 and fell as low as $25.0 million in Q1 2022.
  • The 5-year median for Share-based Compensation is $33.9 million (2022), against an average of $35.4 million.
  • Annual changes were most pronounced in 2023 — Share-based Compensation surged 195.84% — and 2024, when it tumbled 51.72%.
  • 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.
  • According to Business Quant data, Share-based Compensation over the past three periods registered $34.8 million, $32.5 million, and $34.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Stock Comp. (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 275.00 Mn
2 Mastercard 465.55 Bn 455.34 Bn - 136.00 Mn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 203.00 Mn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 259.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 73.84 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 72.01 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 13.00 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -
10 Upstart Holdings 3.46 Bn 2.99 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