Upstart Holdings, Inc. (UPST) Q2 2026 Earnings Call Transcript

Good afternoon, and welcome to the Upstart Second Quarter 2026 Earnings Call. Joining me today are Paul Gu, our Co-Founder and CEO; and Andrea Blankmeyer, our CFO. During today's call, we will make forward-looking statements, which include statements about our outlook and business strategy. These statements are based on our expectations and beliefs as of today, which are subject to a variety of risks, uncertainties and assumptions, and should not be viewed as a guarantee of future performance. Actual results may differ materially as a result of various risk factors that have been described in our SEC filings. We assume no obligation to update any forward-looking statements as a result of new information or future events, except as required by law. Our discussion will include non-GAAP financial