Upstart Holdings Inc Tangible Net Worth Ratio
Upstart Holdings Inc tangible net worth ratio. Upstart Holdings Inc (UPST) has a Tangible Net Worth Ratio of 99.0% as of December 2025. This metric is calculated by deducting intangible assets ($8.29 Million) from net assets ($798.82 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Upstart Holdings Inc strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Upstart Holdings Inc (2018–2025)
Tangible net worth ratio of Upstart Holdings Inc from 2018 to 2025. This chart shows how Upstart Holdings Inc's Tangible Net Worth Ratio has changed across 7 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 99.0%, reflecting net assets of $798.82 Million with intangible assets of $8.29 Million USD. See Upstart Holdings Inc (UPST) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Upstart Holdings Inc Tangible Net Worth Ratio by Year (2018–2025)
Upstart Holdings Inc tangible net worth ratio by year from 2018 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Upstart Holdings Inc from 2018 to 2025, covering 7 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Upstart Holdings Inc market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.0% | $798.82 Million | $8.29 Million | $2.97 Billion | ▲ +0.5 pp |
| 2024 | 98.5% | $633.22 Million | $9.43 Million | $2.37 Billion | ▲ +0.3 pp |
| 2023 | 98.2% | $635.30 Million | $11.36 Million | $2.02 Billion | ▲ +0.5 pp |
| 2022 | 97.7% | $672.43 Million | $15.63 Million | $1.94 Billion | ▲ +0.1 pp |
| 2021 | 97.5% | $807.08 Million | $19.91 Million | $1.82 Billion | ▼ -0.5 pp |
| 2020 | 98.0% | $300.25 Million | $6.00 Million | $477.25 Million | ▼ -0.6 pp |
| 2018 | 98.6% | $103.25 Million | $1.40 Million | $645.91 Million | — |