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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |