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.
1 / 10
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.