| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 4.93 | 1.9% | 22.4% |
| Total Income | 4.93 | 1.9% | 22.4% |
| Expenditure | -9.32 | 76.8% | 120.3% |
| PBT | 14.24 | 40.9% | 136.1% |
| Net Profit | 5.20 | 24.4% | 117.4% |
| OPM | — | ||
| NPM | 100.00% | 0.00pp | |
| EPS | 0.11 | 26.7% | 114.7% |
Oportun Reports Q3 2025 GAAP Profitability, Raises FY25 Adjusted EPS Guidance
04 May 2026 · 4 May, 8:15 am
Summary
Oportun Financial Corporation reported strong third-quarter results, marking its fourth consecutive quarter of GAAP profitability. Net income was $5.2 million, a $35 million year-over-year improvement. Adjusted EBITDA grew 31% year-over-year to $41 million. The company is increasing its full-year Adjusted EPS guidance range by 4%, expecting $1.30 to $1.40 per share, reflecting strong year-over-year growth of 81% to 94%.
Key Highlights
- 1
Oportun achieved its fourth consecutive quarter of GAAP profitability, with a net income of $5.2 million in Q3 2025.
- 2
Adjusted EPS increased sharply to $0.39 in Q3 2025, compared to $0.02 in Q3 2024.
- 3
The company's operating expenses decreased by 11% year-over-year, contributing to margin expansion.
- 4
Aggregate originations grew by 7% to $512 million compared to the prior-year quarter.
- 5
The annualized net charge-off rate improved by 7 basis points to 11.8% compared to the prior-year quarter.
- 6
Oportun is increasing the midpoint of its full-year Adjusted EPS guidance range by 4%, expecting $1.30 to $1.40 per share.
- 7
Total revenue for the third quarter was $239 million, a decrease of 5% as compared to $250 million in the prior-year quarter.
Management Comments
Raul Vazquez
“Our third quarter results were strong, marking our fourth consecutive quarter of GAAP profitability as we delivered a $35 million year-over-year increase in net income.” “We continued to make progress toward our long-term ROE target range of 20% to 28%, delivering meaningful gains in both Return on Equity and Adjusted ROE. We also grew Adjusted EBITDA 31% year-over-year to $41 million, exceeding the high end of our guidance range.” Vazquez continued, “We took meaningful steps during and after the quarter to further strengthen our capital structure. We executed ABS financings at weighted average yields below 6% in August and October, and also proactively repaid higher-cost corporate debt. Additionally, in October, we expanded our warehouse financing capacity by adding a new facility and modifying an existing one—thereby extending our average maturity and reducing our average cost of capital.”
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