secwatch.observer — SEC 8-K summary
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Issuer:     Upstart Holdings, Inc. (UPST)
CIK:        0001647639
Form:       8-K
Filed at:   2021-08-10T23:59:59+00:00
Accession:  0001647639-21-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upstart Q2 revenue $194M (+1,018% YoY), net income $37.3M; raises FY21 guide to $750M
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- Revenue $194M (+1,018% YoY); net income $37.3M vs ($6.2M) loss a year ago.
- Transaction volume $2.80B (+1,605% YoY); conversion rate 24% (up from 9%).
- GAAP diluted EPS $0.39; adjusted diluted EPS $0.62.
- Q3 guidance: revenue $205-215M, adjusted EBITDA $30-34M.
- FY21 revenue guidance raised to ~$750M (from $600M); contribution margin 45% (from 42%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647639/000164763921000030/0001647639-21-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647639/000164763921000030/upst-20210810.htm
  HTML page:      https://secwatch.observer/filing/0001647639-21-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer