Upstart Holdings, Inc. (UPST): R&D Expense

Annual figures by period end, from SEC filings.

$257.60M
Year ended 2025-12-31
$304.91M
Trailing 12 months to 2026-06-30
+2.8%
3-year compound annual growth
+46.0%
5-year compound annual growth
$280.14M2019-12-31: $18.78M2020-12-31: $38.80M2021-12-31: $134.00M2022-12-31: $237.25M2023-12-31: $280.14M2024-12-31: $253.65M2025-12-31: $257.60M$257.60M
2019-12-31 R&D Expense (USD) 2025-12-31
Period endedR&D ExpenseChange YoYSource filing
2025-12-31$257.60M+1.6%2026-02-10, From 2025-01-01
2024-12-31$253.65M-9.5%2026-02-10, From 2024-01-01
2023-12-31$280.14M+18.1%2026-02-10, From 2023-01-01
2022-12-31$237.25M+77.1%2025-02-14, From 2022-01-01
2021-12-31$134.00M+245.3%2024-02-15, From 2021-01-01
2020-12-31$38.80M+106.6%2023-02-16, From 2020-01-01
2019-12-31$18.78Mn/a2022-02-18, From 2019-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Finance Services), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedR&D ExpenseChange YoY
Upstart Holdings, Inc. (UPST)2025-12-31$257.60M+1.6%
MARA Holdings, Inc. (MARA)2025-12-31$30.12M+127.7%
Pagaya Technologies Ltd. (PGY)2025-12-31$75.21M-1.8%
Yiren Digital Ltd. (YRD)2025-12-31$58.14M+3.0%
Canaan Inc. (CAN)2025-12-31$63.15M+3.0%
Chime Financial, Inc. (CHYM)2025-12-31$934.92M+202.0%
Bitfufu Inc. (FUFU)2025-12-31$2.54M-54.6%
Strategy Inc (MSTR)2025-12-31$93.86M-20.8%
Resolute Holdings Management, Inc. (RHLD)2025-12-31$6.57M-11.8%

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