Upstart Holdings (UPST) Tax Rate (2020 - 2026)

Upstart Holdings (UPST) has reported Tax Rate for 7 consecutive years, with 1.28% the latest figure, recorded in Q1 2026.

• In Q1 2026, Tax Rate fell 8.0% year-over-year to 1.28%; the TTM figure through Mar 2026 stood at 1.56% (up 186.0% YoY), while the FY2025 annual figure was 1.34%, up 148.0% from the prior year.
• Tax Rate eased to 1.28% in Q1 2026 per UPST's latest filing, from 2.75% in the prior quarter.
• Across five years, Tax Rate topped out at 2.75% in Q4 2025 and bottomed at 4.2% in Q4 2024.
• Historically, Tax Rate has averaged 0.17% across 5 years, with a median of 0.02% in 2023.
• Annual changes were most pronounced in 2024 — Tax Rate sank 405 bps — and 2025, when it surged 694 bps.
• Upstart Holdings' Tax Rate stood at 0.83% in 2022, then slumped by 118 bps to 0.15% in 2023, then plunged by 2721 bps to 4.2% in 2024, then soared by 165 bps to 2.75% in 2025, then sank by 147 bps to 1.28% in 2026.
• Business Quant data shows UPST's Tax Rate at 1.28% in Q1 2026, 2.75% in Q4 2025, and 0.39% in Q3 2025.