Upstart Holdings, Inc. (UPST) Form 8-K — Aug 4, 2026
Upstart Holdings reported Q2 2026 results on August 4, 2026, with originations of $4.2 billion, up 50% year over year, and total revenue of $365 million, up 42% year over year. The company returned to GAAP profitability with net income of $16.5 million (diluted EPS of $0.16), while Adjusted EBITDA rose 45% YoY to $76.9 million and Contribution Profit reached an all-time high of $193 million at a 55% margin. Management reaffirmed full-year 2026 guidance of approximately $1.4 billion in total revenue and approximately $294 million in Adjusted EBITDA, and CEO Paul Gu said the company funded growth without adding equity capital.
Key figures
- Eps
- 0.16
- Revenue
- 364708000
- Guidance
- FY2026 total revenue of approximately $1.4 billion; revenue from fees of approximately $1.3 billion; Adjusted EBITDA of approximately $294 million (21% margin)
- Net Income
- 16539000
- Total Debt
- 2003129000
- Revenue Yoy
- 42%
- Total Assets
- 3171273000
- Cash Position
- 455957000
- Shares Outstanding
- 97306813
- Adjusted Ebitda
- 76905000
- Conversion Rate
- 19.7%
- Originations Yoy
- 50%
- Revenue From Fees
- 348019000
- Adjusted Ebitda Yoy
- 45%
- Contribution Margin
- 55%
- Contribution Profit
- 193131000
- Originations Dollars
- 4227174000
- Adjusted Ebitda Margin
- 21%
- Income From Operations
- 14639000
- Contribution Profit Yoy
- 37%
- Conversion Rate Prior Year
- 21.0%
- Stock Repurchases H1 2026
- 100057000
- Originations Number Of Loans
- 558014
- Secured Contribution Margin
- -35%
- Unsecured Contribution Margin
- 62%
- Secured Contribution Margin Prior Year
- -176%
Price after filing
Close on the filing date to close N calendar days later (from $27.04). Historical, not a forecast.
AI analysis
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