Upstart Holdings, Inc. Capital expenditures

Capital expenditures of UPST for past 10 years: annual, quarterly and twelve month trailing (TTM) including Capital expenditures growth rates and interactive chart. Capital expenditures, commonly known as Capex, are funds used by a company to acquire, upgrade, and maintain physical or intangible assets such as property, buildings, an industrial plant, technology, software or equipment. Capex is often used to undertake new projects or investments by the firm. A company must invest over its lifetime into productive assets to maintain its competitiveness and ensure its survival.

Highlights and Quick Summary

  • Capital expenditures for the quarter ending June 29, 2021 was $-3.54 Million (a 489.68% increase compared to previous quarter)
  • Year-over-year quarterly Capital expenditures increased by 195.09%
  • Annual Capital expenditures for 2020 was $-5.61 Million (a 6.18% increase from previous year)
  • Annual Capital expenditures for 2019 was $-5.28 Million (a 405.65% increase from previous year)
  • Twelve month Capital expenditures ending June 29, 2021 was $-11 Million (a 24.83% increase compared to previous quarter)
  • Twelve month trailing Capital expenditures increased by 23.18% year-over-year
Trailing Capital expenditures for the last four month:
29 Jun '21 30 Mar '21 30 Dec '20 29 Jun '20
$-11 Million $-8.77 Million $-13.5 Million $-8.89 Million
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Historical Capital expenditures of Upstart Holdings, Inc.

Most recent Capital expendituresof UPST including historical data for past 10 years.

Interactive Chart of Capital expenditures of Upstart Holdings, Inc.

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

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $-3.54 $-0.6
2020 $-5.61 $-1.2 $-1.37 $-5.61
2019 $-5.28 $-5.28
2018 $-1.04 $-1.04

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.