Upstart Holdings, Inc. Cash Flow Statement
UPST / Financials|7 years of annual SEC 10-K data (FY2019-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 7 fiscal years. All figures from audited SEC 10-K filings.
Upstart Holdings, Inc. used $148M in operating cash flow and negative free cash flow of $148M in FY2025.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.55 (distress zone, below 1.8 threshold)
- Negative profit margin: -20.2%
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Net Income | $53.6M | -$128.6M | -$240.1M | -$108.7M | $135.4M | $6.0M | -$466.0K |
| Depreciation & Amortization | $24.8M | $20.5M | $24.9M | $13.5M | $7.5M | $2.3M | $774.0K |
| Operating Cash Flow | -$147.7M | $186.3M | -$111.7M | -$657.9M | $168.4M | $15.7M | $31.6M |
| Capital Expenditures | $347.0K | $837.0K | $1.5M | $8.8M | $8.4M | $1.4M | $4.0M |
| Free Cash Flow | -$148.1M | $185.5M | -$113.2M | -$666.7M | $159.9M | $14.3M | $27.6M |
| Share Buybacks | - | $0 | $0 | $177.9M | $0 | - | - |
| FCF Margin | -14.2% | 29.1% | -22.1% | - | 18.9% | 6.1% | 16.8% |