Upstart Holdings UPST
NASDAQ UPST
$25.00 +0.23 (+0.93%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Upstart Holdings' (UPST) quarterly Share-based Compensation came in at $44.5 million in Q2 2026, up 25.22% year-over-year from $35.5 million in Q2 2025, and up 27.74% quarter-over-quarter from $34.8 million in Q1 2026.

Analysis

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

Upstart Holdings (UPST) has reported Share-based Compensation for 7 consecutive years, with $44.5 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Share-based Compensation rose 25.22% year-over-year to $44.5 million in Q2 2026; TTM through Jun 2026 was $145.9 million, a 13.3% increase from a year earlier, with the FY2025 full-year figure at $132.0 million, down 1.09% from the prior year.
  • Share-based Compensation was $44.5 million for Q2 2026 at Upstart Holdings, up from $34.8 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 $35.9 million and a median of $34.0 million in 2022 frame the typical range for Share-based Compensation.
  • Across the five-year window, Share-based Compensation jumped 195.84% in 2023 and slumped 51.72% in 2024, its largest moves.
  • Over 5 years, Share-based Compensation stood at $33.9 million in 2022, then decreased by 3.37% to $32.8 million in 2023, then decreased by 9.06% to $29.8 million in 2024, then grew by 8.92% to $32.5 million in 2025, then jumped by 37.02% to $44.5 million in 2026.
  • The last three Share-based Compensation figures came in at $44.5 million (Q2 2026), $34.8 million (Q1 2026), and $32.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Upstart Holdings 2.43 Bn 1.99 Bn 303.39 Mn 44.47 Mn
2 Pagaya Technologies 1.70 Bn 1.51 Bn 168.33 Mn 8.57 Mn
3 Qfin Holdings 986.27 Mn -9.51 Mn - -
4 FinVolution 836.54 Mn -90.46 Mn - -
5 X Financial 386.17 Mn -182.14 Mn 84.09 Mn -
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn 1.13 Mn
7 Blend Labs 279.09 Mn 234.22 Mn 24.89 Mn 100,000.00
8 LexinFintech Holdings 251.25 Mn 251.25 Mn 73.06 Mn -
9 Jiayin 76.25 Mn 2.23 Mn - -
10 Antalpha Platform Holding 76.02 Mn -813.69 Mn 11.94 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 44.47 Mn
Mar 31, 2026 34.81 Mn
Dec 31, 2025 32.45 Mn
Sep 30, 2025 34.16 Mn
Jun 30, 2025 35.51 Mn
Mar 31, 2025 29.83 Mn
Dec 31, 2024 29.80 Mn
Sep 30, 2024 33.62 Mn
Jun 30, 2024 34.21 Mn
Mar 31, 2024 35.78 Mn
Dec 31, 2023 32.77 Mn
Sep 30, 2023 35.57 Mn
Jun 30, 2023 32.60 Mn
Mar 31, 2023 74.11 Mn
Dec 31, 2022 33.91 Mn
Sep 30, 2022 36.66 Mn
Jun 30, 2022 30.33 Mn
Mar 31, 2022 25.05 Mn
Dec 31, 2021 23.06 Mn
Sep 30, 2021 20.32 Mn