Oportun 2Q FY26 GAAP net income rises 24% to $9 million; revenue flat at $233 million
Reuters2026/08/05 21:19- Oportun posted 2Q 2026 GAAP net income of USD 9 million, up 24% year over year; GAAP EPS rose 21% to USD 0.17.
- Revenue was USD 233 million, substantially flat; operating expense fell 5% to USD 90 million.
- Adjusted EBITDA climbed 56% to USD 49 million; adjusted EPS increased 35% to USD 0.42.
- 30+ day delinquency rate narrowed 0.4 percentage points to 4.0%, the lowest since 4Q21; annualized net charge-off rate was 12.0%.
- Outlook calls for 3Q revenue of USD 235 million-USD 240 million, adjusted EBITDA of USD 43 million-USD 48 million; full-year adjusted EBITDA of USD 160 million-USD 175 million.
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