Upstart Holdings, Inc. R&D Expenses

R&D Expenses of UPST for past 10 years: annual, quarterly and twelve month trailing (TTM) including R&D Expenses growth rates and interactive chart. Research and development (R&D) expenses are associated with the research and development of a company's goods or services. A company generally incurs R&D expenses in the process of finding and creating new products or services. It is an operating expense and can be deducted from a company's income taxes.


Highlights and Quick Summary

  • R&D Expenses for the quarter ending June 29, 2021 was $31.4 Million (a 65.53% increase compared to previous quarter)
  • Year-over-year quarterly R&D Expenses increased by 215.38%
  • Annual R&D Expenses for 2020 was $38.8 Million (a 106.65% increase from previous year)
  • Annual R&D Expenses for 2019 was $18.8 Million (a 123.14% increase from previous year)
  • Annual R&D Expenses for 2018 was $8.42 Million (a 58.06% increase from previous year)
  • Twelve month R&D Expenses ending June 29, 2021 was $74.5 Million (a 46.81% increase compared to previous quarter)
  • Twelve month trailing R&D Expenses increased by 150.84% year-over-year
Trailing R&D Expenses for the last four month:
29 Jun '21 30 Mar '21 30 Dec '20 29 Sep '20
$74.5 Million $50.8 Million $38.8 Million $29.7 Million
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Historical R&D Expenses of Upstart Holdings, Inc.

Most recent R&D Expensesof UPST including historical data for past 10 years.

Interactive Chart of R&D Expenses of Upstart Holdings, Inc.

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

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $31.43 $18.99
2020 $14.15 $9.97 $7.67 $7.02 $38.8
2019 $5.06 $18.78
2018 $8.42
2017 $5.32

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.