Quarterly ResultAug 5, 2026, 04:24 PM
Oportun Q2 Adjusted EBITDA +56% to $49M; EPS $0.42; Raises FY Guidance
AI Summary
Oportun Financial Corp reported strong second-quarter 2026 results, outperforming guidance with GAAP net income growing 24% to $8.5 million and Adjusted EBITDA increasing 56% to $49 million. GAAP EPS rose 21% to $0.17 and Adjusted EPS grew 35% to $0.42. The company also noted an improved 30-plus day delinquency rate of 4.0%, the lowest since Q4 2021, and raised its full-year Adjusted EBITDA guidance while improving its net charge-off rate expectation.
Key Highlights
- GAAP net income grew 24% YoY to $8.5 million in Q2 2026.
- Adjusted EBITDA increased 56% YoY to $49 million in Q2 2026.
- GAAP EPS rose 21% YoY to $0.17 in Q2 2026.
- Adjusted EPS grew 35% YoY to $0.42 in Q2 2026.
- 30-plus day delinquency rate improved to 4.0%, lowest since 4Q21.
- Aggregate Originations increased 1% YoY to $488 million.
- Full-year Adjusted EBITDA guidance raised by 6% at midpoint to $160-$175 million.
- Annualized net charge-off range expectation improved by 20 bps.
Price Impact
More from OPRT