Free Cash Flow for Upstart Holdings (UPST)
Free Cash Flow for Upstart Holdings (UPST): headline value -$166.13M · YoY -194.2%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
UPST
Currently viewingFree Cash FlowSwitch metric
Latest period
-$166.13M
YoY change
-194.2%
5Y CAGR
N/A
Peak year (2024)
$176.34M
Latest annual
-$166.13M
Free Cash Flow history chart for Upstart Holdings (UPST) from 2017 to 2025
Free Cash Flow history table for Upstart Holdings (UPST) from 2017 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | -$166.13M | -194.2% | ||
| 2024 | $176.34M | -242.4% | ||
| 2023 | -$123.80M | -81.8% | ||
| 2022 | -$680.77M | -544.3% | ||
| 2021 | $153.24M | +1418.4% | ||
| 2020 | $10.09M | -61.6% | ||
| 2019 | $26.30M | -46.6% | ||
| 2018 | $49.29M | +414.3% | ||
| 2017 | $9.58M | — |
Free Cash Flow values are taken from Upstart Holdings's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Upstart Holdings (UPST) reported free cash flow of -$166.13M – plunged 194.2% year-over-year.
Upstart Holdings free cash flow peaked at $176.34M in 2024; the latest annual figure is -$166.13M in 2025 (194.2% below peak).
Across the available history, free cash flow reached its high of $176.34M in 2024 and its low of -$680.77M in 2022.
Within Financial Services, Upstart Holdings (UPST) ranks 7th among 8 peers we track. The peer median for free cash flow is $19.24B.
Upstart Holdings Free Cash Flow by Year
Upstart Holdings Free Cash Flow 2025: -$166.13M
Upstart Holdings free cash flow in 2025 was -$166.13M, plunged 194.2% below 2024.
Upstart Holdings Free Cash Flow 2024: $176.34M
Upstart Holdings free cash flow in 2024 was $176.34M, plunged 242.4% below 2023. This figure represents the highest annual value in the available history.
Upstart Holdings Free Cash Flow 2023: -$123.80M
Upstart Holdings free cash flow in 2023 was -$123.80M, plunged 81.8% below 2022.
Upstart Holdings Free Cash Flow 2022: -$680.77M
Upstart Holdings free cash flow in 2022 was -$680.77M, plunged 544.3% below 2021. This figure represents the lowest annual value in the available history.
Upstart Holdings Free Cash Flow 2021: $153.24M
Upstart Holdings free cash flow in 2021 was $153.24M.
See more financial history for Upstart Holdings (UPST).
Sector peers — Free Cash Flow
Companies in the same sector as Upstart Holdings, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $100.87B | Financial Services |
| Morgan Stanley (MS) | $46.10B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $25.04B | Financial Services |
| Visa Inc. (V) | $21.58B | Financial Services |
| Mastercard Incorporated (MA) | $16.91B | Financial Services |
| Bank of America Corporation (BAC) | $12.61B | Financial Services |
| Wells Fargo & Company (WFC) | -$19.00B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | -$47.22B | Financial Services |
Frequently asked questions
What is Upstart Holdings's free cash flow?
Latest reported free cash flow for Upstart Holdings (UPST) is -$166.13M (period ending December 31, 2025).
How has Upstart Holdings free cash flow changed year-over-year?
Upstart Holdings (UPST) free cash flow changed -194.2% year-over-year on the latest annual filing.
When did Upstart Holdings free cash flow hit its highest annual value?
Upstart Holdings free cash flow reached its highest annual value of $176.34M in 2024.
What was Upstart Holdings free cash flow in 2024?
Upstart Holdings (UPST) free cash flow in 2024 was $176.34M.
What was Upstart Holdings free cash flow in 2025?
Upstart Holdings (UPST) free cash flow in 2025 was -$166.13M.
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