---
schema_version: "secwatch.filing_event.v1"
accession: "0001647639-24-000045"
form_type: "8-K"
ticker: "UPST"
cik: "0001647639"
company_name: "Upstart Holdings, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:36:33.963302+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Upstart Q3 revenue $162M (+20% YoY); net loss narrows to $6.8M; positive adj. EBITDA $1.4M

## Summary
- Revenue $162M (+20% YoY, +27% sequentially); fee revenue $168M.
- GAAP net loss $6.8M vs $40.3M loss last year; EPS -$0.07; adj. EPS -$0.06.
- Transaction volume $1.6B (+30% YoY, +43% seq); conversion rate 16.3% (up from 9.5%).
- Adjusted EBITDA positive at $1.4M; Q4 guidance: revenue ~$180M, adjusted EBITDA ~$5M.
- Income from operations -$45.2M, slightly worse than -$43.8M last year.

## SEC filing metadata
- accession: 0001647639-24-000045
- form_type: 8-K
- ticker: UPST
- cik: 0001647639
- company_name: Upstart Holdings, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1647639/000164763924000045/0001647639-24-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1647639/000164763924000045/upst-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001647639-24-000045
- JSON: https://secwatch.observer/filing/0001647639-24-000045.json
- Plain text: https://secwatch.observer/filing/0001647639-24-000045.txt

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