SuperworthUpstart shares outstanding UPST
Diluted shares outstanding, averaged over each quarter, from 2020.
- Latest quarter, to Jun 30, 2026
- 109.7M
- On a year earlier
- +6.7%
- more shares
Upstart had 109.7M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 6.7% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 112.2M | +22% |
| FY2024 | 92.2M | +8% |
| FY2023 | 85.6M | +5% |
| FY2022 | 81.4M | −16% |
| FY2021 | 96.6M | +271% |
| FY2020 | 26M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 109.7M | +7% | |
| Q1 FY26 | 96.9M | +3% | |
| Q4 FY25 | 112.2M | +22% | |
| Q3 FY25 | 109.7M | +22% | |
| Q2 FY25 | 102.9M | +16% | |
| Q1 FY25 | 94.3M | +8% | |
| Q4 FY24 | 92.2M | +8% | |
| Q3 FY24 | 90.1M | +7% | |
| Q2 FY24 | 88.4M | +6% | |
| Q1 FY24 | 87M | +6% | |
| Q4 FY23 | 85.6M | +5% | |
| Q3 FY23 | 84.4M | +3% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Upstart
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.