secwatch.observer — SEC 8-K summary
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Issuer:     Upstart Holdings, Inc. (UPST)
CIK:        0001647639
Form:       8-K
Filed at:   2022-02-15T23:59:59+00:00
Accession:  0001647639-22-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upstart Q4 revenue $305M (+252% YoY), net income $58.9M; authorizes $400M share buyback
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- Q4 2021 total revenue $305M (+252% YoY); GAAP diluted EPS $0.61, adjusted diluted EPS $0.89.
- Full-year 2021 revenue $849M (+264% YoY); GAAP net income $135M vs $6.0M in 2020.
- Q1 2022 revenue guidance $295M-$305M; full-year 2022 revenue guidance approx. $1.4B.
- Board authorizes $400M share repurchase program, citing attractive buying conditions and profitability.
- Auto loan originations ramping quickly; platform volume $4.1B in Q4 (up 301% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647639/000164763922000006/0001647639-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647639/000164763922000006/upst-20220215.htm
  HTML page:      https://secwatch.observer/filing/0001647639-22-000006

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