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Latest period

$19.24M

YoY change

+84.3%

5Y CAGR

+26.8%

Peak year (2022)

$22.91M

CapEx history chart for Upstart Holdings (UPST) from 2017 to 2025

Latest: $18.41M

CapEx growth chart for Upstart Holdings (UPST) from 2017 to 2025

Latest: +84.3%

CapEx history table for Upstart Holdings (UPST) from 2017 to 2025

  • 2025$18.41M+84.3%
  • 2024$9.99M-17.3%
  • 2023$12.09M-47.3%
  • 2022$22.91M+51.6%
  • 2021$15.12M+169.7%
  • 2020$5.61M+6.2%
  • 2019$5.28M+405.7%
  • 2018$1.04M+35.1%
  • 2017$773.00K

CapEx values are taken from Upstart Holdings's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About CapEx at Upstart Holdings (UPST)

According to Upstart Holdings's latest reported financial statements, the company's current CapEx (TTM) is $19.24M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of Upstart Holdings (UPST) CapEx is $18.41M – surged 84.3% year-over-year.

Upstart Holdings CapEx has grown on net over the period, with a +26.8% compound annual growth rate over 2020–2025 (5 years).

Upstart Holdings CapEx peaked at $22.91M in 2022; the latest annual figure is $18.41M in 2025 (19.7% below peak).

Across the available history, CapEx reached its high of $22.91M in 2022 and its low of $773.00K in 2017.

Upstart Holdings Capital Expenditures by Year

Upstart Holdings Capital Expenditures 2025: $18.41M

In 2025, Upstart Holdings reported CapEx of $18.41M, surged 84.3% from 2024.

Upstart Holdings Capital Expenditures 2024: $9.99M

Upstart Holdings CapEx in 2024 was $9.99M, declined 17.3% below 2023.

Upstart Holdings Capital Expenditures 2023: $12.09M

2023's CapEx for Upstart Holdings came in at $12.09M, plunged 47.3% below 2022.

Upstart Holdings Capital Expenditures 2022: $22.91M

Upstart Holdings posted CapEx of $22.91M in 2022, surged 51.6% from 2021. This figure represents the highest annual value in the available history.

Upstart Holdings Capital Expenditures 2021: $15.12M

Upstart Holdings CapEx in 2021 was $15.12M.

See more financial history for Upstart Holdings (UPST).

Sector peers by CapEx

Financial Services peers of Upstart Holdings (UPST), ranked by their latest CapEx

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