secwatch.observer — SEC 8-K summary
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Issuer:     Upstart Holdings, Inc. (UPST)
CIK:        0001647639
Form:       8-K/A
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0001647639-25-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upstart corrects Q4 adjusted EPS to $0.29, reports 56% revenue growth and positive FY 2025 outlook
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- Corrected diluted adjusted EPS of $0.29 (from $0.26) on corrected diluted shares of 103.1M (from 116.3M).
- Q4 total revenue $219M (+56% YoY); GAAP net loss $2.8M, improvement from $42.4M loss.
- Q4 loan volume $2.1B (+68% YoY); conversion rate 19.3% vs 11.6%.
- FY 2025 guidance: revenue ~$1B, GAAP net income at least breakeven, adjusted EBITDA margin ~18%.
- FY 2024 revenue $637M (+24% YoY); adjusted EBITDA $10.6M vs -$17.2M in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647639/000164763925000009/0001647639-25-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647639/000164763925000009/upst-20250211.htm
  HTML page:      https://secwatch.observer/filing/0001647639-25-000009

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