Oportun Sees Net Income Swing to $25M, Guides 2026 EPS $1.50–1.65
Oportun posted full year GAAP net income of $25M in 2025, reversing a $79M loss and lifting Adjusted EPS 89% to $1.36, while delivering $148M of Adjusted EBITDA. Aggregate originations rose 10% to $2.0B, operating expenses fell 12%, and management guided 2026 Adjusted EPS of $1.50–$1.65.
1. Full Year Profitability Turnaround
Oportun reported full year GAAP net income of $25M in 2025, compared to a $79M loss in 2024, and delivered Adjusted EPS of $1.36, up 89% year-over-year. GAAP EPS reached $0.53, reversing a $(1.95) loss per share.
2. Operational Highlights
Aggregate originations grew 10% to $2.0B in 2025, driven by 51% expansion in secured personal loans. In the fourth quarter, originations totaled $495M while the owned principal balance increased 2% to $2.74B.
3. Efficiency Gains and Profitability Metrics
Operating expenses fell 12% and interest expense decreased 3%, supporting $148M of Adjusted EBITDA—15% above guidance. GAAP ROE improved to 6.8% and Adjusted ROE climbed to 17.5%, reflecting disciplined expense management.
4. 2026 Outlook
Management forecasts 2026 Adjusted EPS between $1.50 and $1.65, implying 11%–21% growth year-over-year. The company expects further margin expansion through reduced funding costs and continued expense discipline.