Oportun Outperforms Second Quarter Guidance
Oportun Financial reported Q2 2026 GAAP net income of $8.5 million, up 24% year-over-year, while Adjusted EBITDA jumped 56% to $49 million, outperforming the top end of the company's guidance ranges. The company achieved a 30-plus day delinquency rate of 4.0%, its lowest level since Q4 2021, and reported improved operational metrics including a return to originations growth and a lower cost of capital.
Key figures
- Eps
- 0.17
- Revenue
- 233200000
- Guidance
- FY 2026 Adjusted EBITDA $160-$175M; FY 2026 Adjusted EPS $1.50-$1.65
- Revenue Yoy
- substantially flat
- Net income
- 8500000
- Originations
- 488000000
- Adjusted ebitda
- 49000000
- 30 plus day delinquency rate
- 4.0%
- Annualized net charge off rate
- 12.0%
AI analysis
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