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| Date | Value |
|---|---|
| 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 |