{"schema_version":"secwatch.filing_event.v1","accession":"0001647639-22-000047","form_type":"8-K","ticker":"UPST","cik":"0001647639","company_name":"Upstart Holdings, Inc.","filed_at":"2022-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:56.524289+00:00","generated_at":"2026-06-24T02:50:55.134718+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Upstart Q2 revenue $228M (+18% YoY); net loss $29.9M; Q3 guidance $170M; shifts to committed capital","bullets":["GAAP net loss $29.9M vs profit $37.3M a year ago; adjusted net income $1.0M down from $58.5M.","Q3 revenue guidance ~$170M, implying ~25% sequential decline; adjusted EBITDA ~$0.","Conversion on rate requests fell to 13% from 24% on funding constraints; loan volume $3.3B (+12%).","Repurchased 3.5M shares for ~$125M in Q2; unrestricted cash ~$800M as of June 30.","CEO cites investor loss aversion; moving toward long-term committed capital and using balance sheet to bridge."],"urls":{"canonical":"https://secwatch.observer/filing/0001647639-22-000047","json":"https://secwatch.observer/filing/0001647639-22-000047.json","markdown":"https://secwatch.observer/filing/0001647639-22-000047.md","text":"https://secwatch.observer/filing/0001647639-22-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1647639/000164763922000047/0001647639-22-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1647639/000164763922000047/upst-20220808.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T02:50:55.134718+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}