TTM
$73.5M
YoY change
-173.4%
5Y CAGR
+57.3%
Peak year (FY2021)
$141M
Cumulative EBITDA
-$175M
EBITDA history chart for Upstart Holdings (UPST) from 2017 to 2025
Latest: $79.2M
EBITDA growth chart for Upstart Holdings (UPST) from 2017 to 2025
Latest: -173.4%
EBITDA history table for Upstart Holdings (UPST) from 2017 to 2025
| FY2025 | $79.2M | -173.4% | +$187M | ||
| FY2024 | -$108M | -49.9% | +$107M | ||
| FY2023 | -$215M | +125.1% | -$120M | ||
| FY2022 | -$95.6M | -167.6% | -$237M | ||
| FY2021 | $141M | +1617.0% | +$133M | ||
| FY2020 | $8.23M | -297.2% | +$12.4M | ||
| FY2019 | -$4.17M | -122.2% | -$23M | ||
| FY2018 | $18.8M | +852.3% | +$16.8M | ||
| FY2017 | $1.98M | — | — |
- FY2025$79.2M-173.4%
- FY2024-$108M-49.9%
- FY2023-$215M+125.1%
- FY2022-$95.6M-167.6%
- FY2021$141M+1617.0%
- FY2020$8.23M-297.2%
- FY2019-$4.17M-122.2%
- FY2018$18.8M+852.3%
- FY2017$1.98M—
EBITDA values are taken from Upstart Holdings's reported income 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 EBITDA at Upstart Holdings (UPST)
According to Upstart Holdings's latest reported financial statements, the company's current EBITDA (TTM) is $73.5M. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
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) EBITDA is $79.2M – plunged 173.4% year-over-year.
Across 2020–2025 (5 years), Upstart Holdings EBITDA produced a CAGR of +57.3% – sustaining 2 straight years of year-over-year growth.
Upstart Holdings EBITDA plunged from $141M in 2021 to $79.2M in 2025, a 44.0% drawdown.
$141M stands as the all-time-high annual EBITDA, posted in 2021, against a low of -$215M during 2023.
Upstart Holdings EBITDA by Year
Upstart Holdings EBITDA 2025: $79.2M
2025's EBITDA for Upstart Holdings came in at $79.2M, plunged 173.4% below 2024.
Upstart Holdings EBITDA 2024: -$108M
Upstart Holdings posted EBITDA of -$108M in 2024, plunged 49.9% below 2023.
Upstart Holdings EBITDA 2023: -$215M
In 2023, Upstart Holdings reported EBITDA of -$215M, surged 125.1% from 2022. This figure represents the lowest annual value in the available history.
Upstart Holdings EBITDA 2022: -$95.6M
Upstart Holdings EBITDA in 2022 was -$95.6M, plunged 167.6% below 2021.
Upstart Holdings EBITDA 2021: $141M
Upstart Holdings EBITDA in 2021 was $141M.
See more financial history for Upstart Holdings (UPST).
Sector peers by EBITDA
Financial Services peers of Upstart Holdings (UPST), ranked by their latest EBITDA
| $81.4B | |
| $72.4B | |
| $40B | |
| $29.3B | |
| $26.6B | |
| $26B | |
| $24B | |
| $20.2B |
- $81.4B
- $29.3B
- $26.6B
- $26B
- $20.2B
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