Oportun 2Q FY26 GAAP net income rises 24% to $9 million; revenue flat at $233 million
OPRT•Credit metrics improve to lowest delinquency since 4Q21
- 30+ day delinquency rate narrowed 0.4 percentage points to 4.0%, the lowest since 4Q21; annualized net charge-off rate was 12.0%.
Quarterly results improve on higher net income and EBITDA
- Oportun posted 2Q 2026 GAAP net income of $9 million, up 24% year over year; GAAP EPS rose 21% to $0.17.
- Revenue was $233 million, substantially flat; operating expense fell 5% to $90 million.
- Adjusted EBITDA climbed 56% to $49 million; adjusted EPS increased 35% to $0.42.
Guidance calls for higher third-quarter and full-year adjusted EBITDA
- Outlook calls for 3Q revenue of $235 million-$240 million, adjusted EBITDA of $43 million-$48 million; full-year adjusted EBITDA of $160 million-$175 million.
