Earnings ·
Oportun Financial Corporation reported second quarter 2026 financial results on August 5, 2026
OPRTOportun Financial Corp
Oportun Financial Corporation reported second quarter 2026 financial results on August 5, 2026. GAAP net income increased 24% year-over-year to $9 million, with diluted EPS of $0.17 compared to $0.14 in the prior-year period. Adjusted EBITDA grew 56% to $49 million, and adjusted diluted EPS rose 35% to $0.42. The company's 30-plus day delinquency rate improved to 4.0%, its lowest level since the fourth quarter of 2021. Management raised full-year Adjusted EBITDA guidance by 6% at the midpoint and tightened the annualized net charge-off range expectation by 20 basis points, citing disciplined execution and lower cost of capital. Oportun Financial Corporation operates in the consumer financial services industry, providing personal loans and credit products.