Every 8-K that Upstart Holdings, Inc. (UPST) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow UPST and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full UPST filings page.
Upstart Holdings, Inc. reported strong results for the quarter ended June 30, 2026, highlighted by originations of $4.2 billion, up 50% year-over-year on 558,014 loans. Total revenue grew 42% year-over-year, and revenue from fees reached $348 million.
Income from operations rose to $14.6 million from $4.5 million a year earlier, and net income increased to $16.5 million, or diluted EPS of $0.16, versus $0.05. Contribution Profit reached an all‑time high of $193 million, up 37% year-over-year, while Adjusted EBITDA was $76.9 million, up 45% year-over-year with a 21% margin.
Unsecured products generated $326 million of revenue from fees, up 38% year-over-year, with Contribution Profit of $201 million and a 62% Contribution Margin. Secured products (auto and home) remained loss‑making with a combined Contribution Margin of negative 35%, but improved sharply from negative 176% in the prior‑year quarter. For full‑year 2026, the company expects approximately $1.4 billion of total revenue, including $1.3 billion of revenue from fees, and Adjusted EBITDA of about $294 million, or 21% of total revenue.
Upstart Holdings, Inc. reported the results of its annual stockholder meeting held on May 28, 2026. Stockholders elected Class III directors Kerry Cooper, Mary Hentges, and Ciaran O’Kelly to serve until the 2029 annual meeting or until their successors are elected and qualified.
Stockholders ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026. They also approved, on an advisory non-binding basis, the compensation of the Company’s named executive officers.
Upstart Holdings, Inc. is making a planned change to its Board of Directors. The company appointed former Santander Holdings USA President and CEO Tim Wennes as a Class I director, effective May 28, 2026, under its standard outside director compensation policy and indemnification agreement.
Wennes brings over 35 years of financial services experience, including overseeing businesses with assets in excess of $200 billion at Santander and prior leadership roles at MUFG Union Bank and Countrywide Bank. On the same date, long‑time director Jeff Huber will resign from the Board and its Nominating and Corporate Governance Committee, with the company stating his resignation is not due to any disagreement regarding operations, policies, or procedures.
Upstart Holdings reported strong growth but continued losses for the quarter ended March 31, 2026. Total revenue reached $308 million, up 44% year-over-year, driven by fee revenue of $277 million and loan originations of roughly $3.4 billion, up 61%.
The company originated 425,356 loans, a 77% increase, while maintaining an 18.5% conversion rate and 91% of loans fully automated. Despite scale gains, loss from operations widened to ($7.5) million and net loss to ($6.6) million, with diluted loss per share of ($0.07).
Contribution profit rose to $137 million, though contribution margin fell to 50%. Adjusted EBITDA slipped to $40.5 million with margin down to 13%. Upstart reaffirmed full-year 2026 guidance for about $1.4 billion in revenue and $294 million of Adjusted EBITDA, and reiterated 2025–2028 targets including ~35% total revenue CAGR.
Upstart Holdings, Inc. announced plans to apply for a national bank charter, seeking approval from the OCC and FDIC to establish an insured national bank, Upstart Bank, N.A., and from the Federal Reserve to become a bank holding company. Subject to regulatory approval, the charter is intended to reduce operational, regulatory, and financial complexity and costs for Upstart and its third-party capital providers, which the company believes could allow it to offer better rates to borrowers. Upstart Bank, N.A. would be able to access deposit funding and lend directly to consumers under a single, consistent rate and fee structure, while banks, credit unions, and institutional funds are expected to remain the primary capital sources for most loans on the Upstart platform. The company named Chief Risk Officer Annie Delgado as the proposed CEO of Upstart Bank, N.A., underscoring its focus on AI-driven lending within a federal prudential framework.
Upstart Holdings, Inc. disclosed that it repurchased $100 million of its common stock in open market transactions under an existing share repurchase program. The company bought 3,193,294 shares at an average price of $31.31 per share between February 12, 2026 and February 18, 2026.
These buybacks were executed pursuant to a $400 million share repurchase program authorized by the board of directors, and $122 million remains available for future repurchases under the program.
Upstart Holdings, Inc. announced a major leadership transition. Co‑founder and current Chief Technology Officer Paul Gu will become Chief Executive Officer effective May 1, 2026, while current CEO Dave Girouard moves to the role of Executive Chairman with a reduced annual base salary of $15,000.
Gu will receive a base salary of $540,000, a 2026 target bonus equal to 100% of base salary, and $37,000,000 in performance‑based RSUs that may vest in early 2030 based on relative total shareholder return versus the F‑Prime Fintech Index. The company also named Sanjay Datta President and Chief Capital Officer with immediate effect, with a $485,000 base salary, a 2026 bonus target of 100%, and $7,500,000 in PRSUs tied to the same performance schedule.
As part of these changes, the Board appointed Andrea Blankmeyer as Chief Financial Officer effective March 16, 2026, succeeding Datta in that role. She will receive a $450,000 base salary, a 2026 target bonus equal to 75% of base salary, $5,000,000 in time‑based RSUs vesting over four years, and $6,000,000 in PRSUs tied to the same performance metrics.
Upstart Holdings reported a sharp turnaround in 2025, with total revenue of $1.0 billion, up 64% year over year, and net income of $53.6 million compared with a $128.6 million loss in 2024. Adjusted EBITDA jumped to $230.5 million from $10.6 million, a 22% margin.
Loan originations reached about $11.0 billion, up 86%, on 1.50 million loans as its AI-driven marketplace maintained a 19.4% conversion rate and 91% automation. For 2026, Upstart targets about $1.4 billion in revenue and 21% adjusted EBITDA margin and plans 35% annual revenue growth through 2028. Co‑founder Paul Gu will become CEO on May 1, 2026.
Upstart Holdings, Inc. furnished an 8-K announcing results for the fiscal quarter ended September 30, 2025. A detailed press release is attached as Exhibit 99.1. The company references non-GAAP financial measures, with reconciliations provided in the press release. The information in this report, including Exhibit 99.1, is furnished and not deemed filed under the Exchange Act.
Upstart Holdings, Inc. filed an 8-K disclosing form documents for a new security: a 0% Convertible Senior Note due 2032 and related capped call confirmations, an indenture dated August 14, 2025, and two press releases dated August 11, 2025. The note documentation states conversion mechanics, including that holders may convert on or after November 15, 2031 without satisfying earlier conditions, and that upon conversion the company will settle in cash, shares of Common Stock, or a combination at the company’s election.
The filing also notes redemption and repurchase mechanics: if called for redemption or upon a fundamental change, holders may receive 100% of principal plus any accrued and unpaid special interest; no sinking fund is provided. The documents and exhibits are included or incorporated by reference in the 8-K.
Amendment to Current Report (Form 8-K/A) dated August 5, 2025: Upstart Holdings, Inc. corrected an error in its diluted Adjusted Net Income (Loss) Per Share for the three- and six-month periods ended June 30, 2025.
The corrected diluted adjusted EPS is $0.40 for the three months and $0.70 for the six months ended June 30, 2025. The amendment states these corrections do not affect net income (loss) per share, basic or diluted weighted-average share counts, the Companys financial outlook for the quarter ending September 30, 2025, or other published results.