UPST FCF Margin
Free cash flow as a percentage of revenue, showing how much of each sales dollar becomes cash.
FCF Margin
Latest: -38.0% (2026Q2)
| Period | Value |
|---|---|
| 2020Q3 | -70.6% |
| 2020Q4 | 18.0% |
| 2021Q1 | 65.0% |
| 2021Q2 | 58.0% |
| 2021Q3 | 39.3% |
| 2021Q4 | 14.8% |
| 2022Q1 | -25.3% |
| 2022Q2 | -49.2% |
| 2022Q3 | -92.8% |
| 2022Q4 | -123.7% |
| 2023Q1 | -92.9% |
| 2023Q2 | -37.0% |
| 2023Q3 | -66.5% |
| 2023Q4 | -88.2% |
| 2024Q1 | 33.3% |
| 2024Q2 | 89.2% |
| 2024Q3 | 179.3% |
| 2024Q4 | 80.5% |
| 2025Q1 | -9.2% |
| 2025Q2 | -56.0% |
| 2025Q3 | -97.7% |
| 2025Q4 | 35.3% |
| 2026Q1 | -44.1% |
| 2026Q2 | -38.0% |
Other UPST Charts
More quarter-by-quarter fundamentals for Upstart Holdings, Inc.
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Revenue
EPS
Free Cash Flow
Gross Margin
P/E Ratio
Cumulative FCF
Shares Outstanding
Total Assets
Total Debt
Rule of 40
Fintech Comparison
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Latest FCF Margin: -38.0% (2026Q2); +18.0 pp YoY.
Across the 26 quarters from 2020Q1 to 2026Q2, FCF Margin ranged from -395.5% in 2020Q2 to 179.3% in 2024Q3.
Chart and table show the latest 24 of 26 quarters.