Shares Outstanding for Upstart Holdings (UPST)
According to Upstart Holdings's latest reported financial statements, the company's latest reported diluted shares outstanding is 112.22M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
UPST
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Latest period
112.22M
YoY change
+20.2%
5Y CAGR
+32.4%
Peak year (2025)
107.49M
Latest annual
107.49M
Shares Outstanding history chart for Upstart Holdings (UPST) from 2017 to 2025
Shares Outstanding history table for Upstart Holdings (UPST) from 2017 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 107.49M | +20.2% | ||
| 2024 | 89.45M | +6.8% | ||
| 2023 | 83.77M | +1.2% | ||
| 2022 | 82.77M | -12.7% | ||
| 2021 | 94.77M | +259.3% | ||
| 2020 | 26.37M | +83.7% | ||
| 2019 | 14.36M | +1.6% | ||
| 2018 | 14.13M | +1.8% | ||
| 2017 | 13.87M | — |
Shares Outstanding values are taken from Upstart Holdings's reported income 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 diluted shares outstanding of 107.49M – grew 20.2% year-over-year.
Upstart Holdings diluted shares outstanding has grown for 3 consecutive years, with a +32.4% compound annual growth rate over 2020–2025 (5 years).
The dataset's maximum diluted shares outstanding sits at 107.49M (2025); the minimum reading of 13.87M dates to 2017.
Upstart Holdings (UPST) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of 2.06B.
Upstart Holdings Shares Outstanding by Year
Upstart Holdings Shares Outstanding 2025: 107.49M
Upstart Holdings diluted shares outstanding in 2025 was 107.49M, grew 20.2% from 2024. This figure represents the highest annual value in the available history.
Upstart Holdings Shares Outstanding 2024: 89.45M
Upstart Holdings diluted shares outstanding in 2024 was 89.45M, grew 6.8% from 2023.
Upstart Holdings Shares Outstanding 2023: 83.77M
Upstart Holdings diluted shares outstanding in 2023 was 83.77M, edged up 1.2% from 2022.
Upstart Holdings Shares Outstanding 2022: 82.77M
Upstart Holdings diluted shares outstanding in 2022 was 82.77M, declined 12.7% below 2021.
Upstart Holdings Shares Outstanding 2021: 94.77M
Upstart Holdings diluted shares outstanding in 2021 was 94.77M.
See more financial history for Upstart Holdings (UPST).
Sector peers — Shares Outstanding
Companies in the same sector as Upstart Holdings, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Bank of America Corporation (BAC) | 7.55B | Financial Services |
| Wells Fargo & Company (WFC) | 3.22B | Financial Services |
| JPMorgan Chase & Co. (JPM) | 2.79B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | 2.16B | Financial Services |
| Visa Inc. (V) | 1.97B | Financial Services |
| Morgan Stanley (MS) | 1.59B | Financial Services |
| Mastercard Incorporated (MA) | 898.00M | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | 317.60M | Financial Services |
Frequently asked questions
What is Upstart Holdings's diluted shares outstanding?
- Latest reported diluted shares outstanding for Upstart Holdings (UPST) is 112.22M (period ending December 31, 2025).
How has Upstart Holdings diluted shares outstanding changed year-over-year?
- Upstart Holdings (UPST) diluted shares outstanding changed +20.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Upstart Holdings diluted shares outstanding?
- Upstart Holdings (UPST) diluted shares outstanding compound annual growth rate is +32.4% over the most recent 5 years available.
When did Upstart Holdings diluted shares outstanding hit its highest annual value?
- Upstart Holdings diluted shares outstanding reached its highest annual value of 107.49M in 2025.
What was Upstart Holdings diluted shares outstanding in 2024?
- Upstart Holdings (UPST) diluted shares outstanding in 2024 was 89.45M.
What was Upstart Holdings diluted shares outstanding in 2025?
- Upstart Holdings (UPST) diluted shares outstanding in 2025 was 107.49M.
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