Upstart Holdings (UPST) Total Debt (2020 - 2026)
Upstart Holdings (UPST) reported Total Debt of $145.21 million for Q2 2026, up 58.4% from $91.67 million a year earlier and up 15.7% from the prior quarter.
Powered by 
Analysis
Upstart Holdings (UPST) Total Debt (2020 - 2026) Analysis & Trends
At the end of FY2025, Upstart Holdings posted Total Debt of $107.66 million, up 78.9% from FY2024.
- Total Debt has a five-year compound annual growth rate of 18.8% (FY2020 to FY2025).
- By year, Total Debt came in at $60.17 million in FY2024 (+12.3%), $53.58 million in FY2023 (-41.0%), $90.78 million in FY2022 (-15.6%) and $107.6 million in FY2021 (+136.5%).
- The Q2 2026 figure ranks as the highest quarterly Total Debt in data going back to Q4 2020.
- Year over year, Total Debt has now increased in each of the last ten quarters, with growth averaging 44.1% over the last eight quarters.
- The high point for year-over-year Total Debt in five years was Q1 2022 (growth of 147.5%); the low point was Q1 2023 (a decline of 70.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $125.52 million (Q1 2026), $107.66 million (Q4 2025) and $93.4 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.20 Bn | 7.90 Bn | - | 13.47 Bn |
| 2 | Block | 46.30 Bn | 17.56 Bn | 3.17 Bn | 6.88 Bn |
| 3 | Coinbase Global | 36.49 Bn | -3.15 Bn | - | 6.70 Bn |
| 4 | Fiserv | 27.61 Bn | 24.31 Bn | 2.90 Bn | 27.89 Bn |
| 5 | Corpay | 26.86 Bn | 17.06 Bn | - | 10.62 Bn |
| 6 | Global Payments | 26.48 Bn | 4.92 Bn | 2.03 Bn | 23.56 Bn |
| 7 | Iren | 16.76 Bn | 4.35 Bn | 103.89 Mn | 7.59 Bn |
| 8 | Guidewire Software | 13.32 Bn | 9.89 Bn | 269.68 Mn | 678.09 Mn |
| 9 | Jack Henry & Associates | 11.46 Bn | 11.36 Bn | 273.85 Mn | 40.00 Mn |
| 10 | Upstart Holdings | 2.07 Bn | 2.55 Mn | 303.39 Mn | 2.00 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.00 Bn |
| Mar 31, 2026 | 1.92 Bn |
| Dec 31, 2025 | 1.83 Bn |
| Sep 30, 2025 | 1.86 Bn |
| Jun 30, 2025 | 1.43 Bn |
| Mar 31, 2025 | 1.33 Bn |
| Dec 31, 2024 | 1.40 Bn |
| Sep 30, 2024 | 887.37 Mn |
| Jun 30, 2024 | 912.73 Mn |
| Mar 31, 2024 | 1.01 Bn |
| Dec 31, 2023 | 1.04 Bn |
| Sep 30, 2023 | 1.00 Bn |
| Jun 30, 2023 | 930.65 Mn |
| Mar 31, 2023 | 1.00 Bn |
| Dec 31, 2022 | 986.39 Mn |
| Sep 30, 2022 | 918.92 Mn |
| Jun 30, 2022 | 856.56 Mn |
| Mar 31, 2022 | 769.22 Mn |
| Dec 31, 2021 | 695.43 Mn |
| Sep 30, 2021 | 649.22 Mn |
API Access
Upstart Holdings Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=UPST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "UPST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=UPST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();