secwatch.observer — SEC 8-K summary
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Issuer:     Upstart Holdings, Inc. (UPST)
CIK:        0001647639
Form:       8-K
Filed at:   2026-08-04T20:05:48+00:00
Accession:  0001647639-26-000062
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upstart Q2 2026: revenue up 42% YoY, net income $16.5M, originations $4.2B
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- Originations $4.2B (+50% YoY); total revenue $365M (+42% YoY); net income $16.5M (+195% YoY), diluted EPS $0.16.
- Contribution Profit all-time high $193M (+37% YoY); Contribution Margin 55% vs 58% in Q2 2025.
- Adjusted EBITDA $76.9M (+45% YoY); margin 21% unchanged; FY2026 guidance reaffirmed: revenue ~$1.4B, EBITDA ~$294M.
- Unsecured revenue from fees $326M (+38% YoY); Secured combined Contribution Margin improved to -35% from -176% YoY.
- Returned to GAAP profitability; CEO cites re-accelerating growth and funding without equity capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647639/000164763926000062/0001647639-26-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647639/000164763926000062/upst-20260804.htm
  HTML page:      https://secwatch.observer/filing/0001647639-26-000062

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