---
schema_version: "secwatch.filing_event.v1"
accession: "0000933036-23-000138"
form_type: "8-K"
ticker: "UPBD"
cik: "0000933036"
company_name: "UPBOUND GROUP, INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T10:48:06.838708+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Upbound Q2 adj EPS $1.11 beats; raises FY 2023 adj EPS to $3.25-$3.55

## Summary
- Revenue $979.2M (-8.6% YoY); GAAP diluted loss per share $(0.83) vs. $0.33 EPS prior year.
- Non-GAAP diluted EPS $1.11 vs. $1.15 prior year; Adjusted EBITDA $130.6M (+1.3% YoY).
- Skip/stolen loss rate improved to 6.9% from 8.0%; Acima segment margin surged to 16.8% from 10.0%.
- Raised FY 2023 targets: Non-GAAP EPS $3.25-$3.55 (from $2.70-$3.20); Adj. EBITDA $440-$465M.
- Paid down $90M on revolving credit facility; ended quarter with zero balance outstanding.

## SEC filing metadata
- accession: 0000933036-23-000138
- form_type: 8-K
- ticker: UPBD
- cik: 0000933036
- company_name: UPBOUND GROUP, INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/933036/000093303623000138/0000933036-23-000138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/933036/000093303623000138/upbd-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000933036-23-000138
- JSON: https://secwatch.observer/filing/0000933036-23-000138.json
- Plain text: https://secwatch.observer/filing/0000933036-23-000138.txt

## Key facts
- Earnings Releases
  UPBOUND GROUP, INC. reported the quarter ended June 30, 2023 results: revenue $979.2M, EPS $(0.83). Guidance raised.
  - Period: the quarter ended June 30, 2023
  - Revenue: $979.2M
  - EPS: $(0.83)
  - Guidance: raised
  - Result: reported results
  source text: deemed incorporated by reference in any filing under the Securities Act of 1933. --- EX-99.1 (EX-99.1) --- upboundq22023earningsrel Total Revenue GAAP Diluted Loss Per Share $979.2M $(0.83) Non-GAAP Diluted EPS1 CEO Commentary “We are pleased by the Company’s second quarter performance. While external conditions remained challenging, our resilient
  evidence_url: https://www.sec.gov/Archives/edgar/data/933036/000093303623000138/0000933036-23-000138-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.