UPST Free Cash Flow
Operating cash flow less capital expenditures — the cash a business keeps after funding itself.
Free Cash Flow
Latest: −$139M (2026Q2)
| Period | Value |
|---|---|
| 2020Q3 | −$46M |
| 2020Q4 | $16M |
| 2021Q1 | $79M |
| 2021Q2 | $112M |
| 2021Q3 | $90M |
| 2021Q4 | $45M |
| 2022Q1 | −$79M |
| 2022Q2 | −$112M |
| 2022Q3 | −$146M |
| 2022Q4 | −$182M |
| 2023Q1 | −$96M |
| 2023Q2 | −$50M |
| 2023Q3 | −$89M |
| 2023Q4 | −$124M |
| 2024Q1 | $43M |
| 2024Q2 | $114M |
| 2024Q3 | $291M |
| 2024Q4 | $176M |
| 2025Q1 | −$20M |
| 2025Q2 | −$144M |
| 2025Q3 | −$271M |
| 2025Q4 | $105M |
| 2026Q1 | −$136M |
| 2026Q2 | −$139M |
Other UPST Charts
More quarter-by-quarter fundamentals for Upstart Holdings, Inc.
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Revenue
EPS
Gross Margin
FCF Margin
P/E Ratio
Cumulative FCF
Shares Outstanding
Total Assets
Total Debt
Rule of 40
Fintech Comparison
1 / 3
Free Cash Flow
Free Cash Flow
Free Cash Flow
Latest Free Cash Flow: −$139M (2026Q2); +3.8% YoY.
Across the 26 quarters from 2020Q1 to 2026Q2, Free Cash Flow ranged from −$271M in 2025Q3 to $291M in 2024Q3.
Chart and table show the latest 24 of 26 quarters.