Upstart Holdings reported cash from operations of -$136.63M and free cash flow of -$140.82M for the quarter ended Jun 2026, down 13.7% year over year. This cash flow statement covers 26 quarters of results from Mar 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | 29.11M | 58.94M | 32.69M | -29.87M | -56.22M | -55.26M | -129.25M | -28.16M | -40.31M | -42.40M | -64.60M | -54.47M | -6.76M | -2.75M | -2.45M | 5.61M | 31.80M | 18.64M | -6.65M | 16.54M | ||||||
| Share-based CompensationStock Comp. | 20.32M | 23.06M | 25.05M | 30.33M | 36.66M | 33.91M | 74.11M | 32.60M | 35.57M | 32.77M | 35.78M | 34.21M | 33.62M | 29.80M | 29.83M | 35.51M | 34.16M | 32.45M | 34.81M | 44.47M | ||||||
| Cash from OperationsCash from Ops. | 43.60M | -11.14M | -266.80M | -53.64M | -101.37M | -236.06M | -75.73M | 217.32M | -107.71M | -145.60M | 44.34M | 73.58M | 179.34M | -110.93M | -13.49M | -120.16M | -122.63M | 108.55M | -133.30M | -136.63M | ||||||
| Depreciation, Depletion & Amortization | ||||||||||||||||||||||||||
| Depreciation & Amortization (CF)Dep. & Amort. | 1.00M | 2.56M | 2.78M | 3.35M | 3.72M | 3.65M | 6.44M | 4.42M | 4.93M | 9.10M | 5.63M | 4.83M | 5.39M | 4.70M | 6.40M | 5.84M | 6.13M | 6.46M | 5.86M | 7.13M | ||||||
| Change in Working Capital | ||||||||||||||||||||||||||
| Change in Account PayablesChange Payables | -7.94M | -2.96M | 3.37M | 11.71M | -11.63M | 8.43M | -12.17M | 0.38M | 0.09M | 5.57M | ||||||||||||||||
| Change in Accured ExpensesChange Accured Exp. | 6.07M | 29.72M | -11.09M | -13.87M | -0.54M | 6.07M | -31.32M | 1.67M | 4.44M | 21.26M | -25.85M | 12.72M | 31.77M | 25.48M | -48.83M | 41.29M | -13.41M | 60.51M | -48.45M | 38.27M | ||||||
| Investing Activities | ||||||||||||||||||||||||||
| Capital ExpendituresCapex | 2.81M | 3.47M | 3.66M | 3.17M | 4.01M | 3.25M | 4.35M | 1.98M | 2.81M | 1.42M | 1.06M | 2.29M | 2.38M | 3.42M | 6.16M | 4.25M | 3.89M | 3.76M | 4.24M | 4.19M | ||||||
| Acquisitions | 0.20M | |||||||||||||||||||||||||
| Divestments | 0.78M | 2.73M | 1.37M | |||||||||||||||||||||||
| Change in Acquisitions & DivestmentsChange Acquisitions | 2.77M | 2.34M | 2.07M | 1.84M | 1.60M | 1.23M | 1.57M | 1.43M | 0.56M | 0.77M | 1.23M | 1.46M | 1.32M | 1.91M | 2.69M | 3.84M | 6.37M | 10.16M | 11.74M | 15.31M | ||||||
| Cash from Investing ActivitiesCash from Investing | -84.40M | -19.78M | 5.18M | -9.94M | -24.25M | -85.11M | -25.85M | -38.49M | -24.22M | -29.89M | -37.55M | -76.10M | -46.17M | -77.91M | -78.57M | -109.83M | -120.51M | 131.74M | 0.88M | 94.08M | ||||||
| Financing Activities | ||||||||||||||||||||||||||
| Other financing activitiesOther financing | 6.84M | 4.96M | 5.63M | 3.78M | 1.32M | 1.63M | 5.73M | 0.94M | 2.80M | 11.82M | 4.57M | 7.72M | 16.80M | 12.90M | 1.66M | -0.06M | 10.81M | 5.25M | 0.92M | |||||||
| Cash from Financing ActivitiesCash from Financing | 595.03M | 50.40M | 83.07M | -34.69M | 41.12M | 23.71M | 20.97M | -120.80M | 237.06M | 28.25M | -35.43M | 123.99M | -38.02M | 509.33M | -44.68M | 91.93M | 378.58M | -20.18M | 6.74M | 93.49M | ||||||
| Dividend Payments | ||||||||||||||||||||||||||
| Dividends Paid - CommonDiv. Paid (Common) | ||||||||||||||||||||||||||
| Additional items | ||||||||||||||||||||||||||
| Change in Cash | 554.23M | 19.48M | -178.55M | -98.27M | -84.50M | -297.46M | -80.61M | 58.03M | 105.14M | -147.24M | -28.64M | 121.47M | 95.15M | 320.50M | -136.74M | -138.07M | 135.44M | 220.11M | -125.68M | 50.94M | ||||||
| Free Cash FlowFCF | 40.79M | -14.62M | -270.45M | -56.81M | -105.38M | -239.30M | -80.07M | 215.35M | -110.52M | -147.02M | 43.27M | 71.29M | 176.96M | -114.34M | -19.64M | -124.41M | -126.52M | 104.79M | -137.54M | -140.82M | ||||||
| Net Cash FlowNCF | 554.23M | 19.48M | -178.55M | -98.27M | -84.50M | -297.46M | -80.61M | 58.03M | 105.14M | -147.24M | -28.64M | 121.47M | 95.15M | 320.50M | -136.74M | -138.07M | 135.44M | 220.11M | -125.68M | 50.94M |