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Upstart Holdings Inc

For the period ended Dec 31, 2024. Filed Feb 14, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 14, 2025

UPST$20.41-8.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Stockholders’ Equity

Common Stock · Additional Paid-in Capital · Retained Earnings (AccumulatedDeficit) · Total Stockholders’ Equity
Shares · Amount
Balance as of December 30, 202183,659,665$8$740,849$66,221$807,078
Issuance of common stock upon exercise of stock options2,464,572112,353—12,354
Issuance of common stock upon settlement of restricted stock units866,717————
Shares withheld related to net share settlement of restricted stock units(619)—(16)—(16)
Repurchase and retirement of restricted stock(10,279)————
Stock-based compensation expense——131,905—131,905
Issuance of common stock under employee stock purchase plan162,796—7,662—7,662
Repurchases of stock(5,883,176)(1)(177,882)—(177,883)
Net loss———(108,665)(108,665)
Balance as of December 31, 202281,259,676$8$714,871$(42,444)$672,435
Issuance of common stock upon exercise of stock options1,441,787112,880—12,881
Issuance of common stock upon settlement of restricted stock units3,170,158————
Shares withheld related to net share settlement of restricted stock units(777)—(15)—(15)
Stock-based compensation expense——181,705—181,705
Issuance of common stock under employee stock purchase plan459,459—8,431—8,431
Net loss———(240,132)(240,132)
Balance as of December 31, 202386,330,303$9$917,872$(282,576)$635,305
Issuance of common stock upon exercise of stock options3,159,674—21,414—21,414
Issuance of common stock upon settlement of restricted stock units3,646,748————
Shares withheld related to net share settlement of restricted stock units(568)—(22)—(22)
Stock-based compensation expense——137,720—137,720
Issuance of common stock under employee stock purchase plan333,564—7,685—7,685
Purchase of capped calls——(40,883)—(40,883)
Settlement of capped calls——580—580
Net loss———(128,581)(128,581)
Balance as of December 31, 202493,469,721$9$1,044,366$(411,157)$633,218
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.