---
schema_version: "secwatch.filing_event.v1"
accession: "0001647639-22-000016"
form_type: "8-K"
ticker: "UPST"
cik: "0001647639"
company_name: "Upstart Holdings, Inc."
filed_at: "2022-05-09T23:59:59+00:00"
generated_at: "2026-06-25T22:26:56.432048+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Upstart Q1 2022 revenue $310M (+156% YoY), GAAP EPS $0.34; Q2 guidance implies net loss near zero

## Summary
- Total revenue $310M (+156% YoY); GAAP net income $32.7M vs $10.1M YoY; adjusted EPS $0.61.
- Platform originated 465,537 loans ($4.5B), up 174% YoY; conversion 21% vs 22% YoY.
- Q2 2022 guidance: revenue $295-305M, adjusted EBITDA $32-34M, GAAP net loss up to $4M.
- Full-year 2022 revenue guidance revised to ~$1.25B; adjusted EBITDA margin ~15%.

## SEC filing metadata
- accession: 0001647639-22-000016
- form_type: 8-K
- ticker: UPST
- cik: 0001647639
- company_name: Upstart Holdings, Inc.
- filed_at: 2022-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1647639/000164763922000016/0001647639-22-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1647639/000164763922000016/upst-20220509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001647639-22-000016
- JSON: https://secwatch.observer/filing/0001647639-22-000016.json
- Plain text: https://secwatch.observer/filing/0001647639-22-000016.txt

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