Upstart Holdings Inc (UPST) — Free Cash Flow Generation Index
Upstart Holdings Inc (UPST) has a Free Cash Flow Generation Index of 0.96x as of December 2025. Free cash flow of $104.63 Million represents 1% of operating cash flow ($108.55 Million). Explore UPST capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Upstart Holdings Inc Free Cash Flow Generation Index (2017–2024)
Historical FCF Generation Index trend for Upstart Holdings Inc across 6 annual periods. For the full cash flow conversion analysis, see Upstart Holdings Inc (UPST) cash flow conversion.
Annual Free Cash Flow Generation for Upstart Holdings Inc (2017–2024)
Year-by-year Free Cash Flow Generation Index for Upstart Holdings Inc. Check Upstart Holdings Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 1.00x | $185.49 Million | $186.33 Million | $837.00K | ▲ +9.4% |
| 2021 | 0.91x | $153.24 Million | $168.35 Million | $15.12 Million | ▲ +41.6% |
| 2020 | 0.64x | $10.09 Million | $15.70 Million | $5.61 Million | ▼ -22.8% |
| 2019 | 0.83x | $26.30 Million | $31.58 Million | $5.28 Million | ▼ -15.0% |
| 2018 | 0.98x | $49.29 Million | $50.34 Million | $1.04 Million | ▲ +5.8% |
| 2017 | 0.93x | $9.58 Million | $10.36 Million | $773.00K | — |