Upstart Holdings, Inc. Accrued Expenses

Accrued Expenses of UPST for past 10 years: annual, quarterly and twelve month trailing (TTM) including Accrued Expenses growth rates and interactive chart. Accrued expense is expense which has been incurred but not yet paid. Expense must be recorded in the accounting period in which it is incurred. Therefore, accrued expense must be recognized in the accounting period in which it occurs rather than in the following period in which it will be paid.

Highlights and Quick Summary

  • Accrued Expenses for the quarter ending June 29, 2021 was $70.4 Million (a 64.17% increase compared to previous quarter)
  • Year-over-year quarterly Accrued Expenses increased by 103.13%
  • Annual Accrued Expenses for 2020 was $35.7 Million (a 2.95% increase from previous year)
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Historical Accrued Expenses of Upstart Holdings, Inc.

Most recent Accrued Expensesof UPST including historical data for past 10 years.

Interactive Chart of Accrued Expenses of Upstart Holdings, Inc.

Upstart Holdings, Inc. Accrued Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $70.38 $42.87
2020 $35.67 $35.67
2019 $34.65 $34.65

Business Profile of Upstart Holdings, Inc.

Sector: Financial Services
Industry: Credit Services
Upstart Holdings, Inc. operates a cloud- based artificial intelligence (AI) lending platform. The company's platform aggregates consumer demand for loans and connects it to its network of the company's AI- enabled bank partners. Its platform connects consumers, banks, and institutional investors through a shared AI lending platform. Upstart Holdings, Inc. was incorporated in 2012 and is headquartered in San Mateo, California.