10-K · April 30, 2026
Oportun Financial Corporation's 10-K shows significant operational improvement in 2025, highlighted by consistent GAAP profitability and strong adjusted EPS growth. The company focuses on maintaining a disciplined…
Earnings analysis · 10-Q
OPRT earnings analysis
Filed May 8, 2026 · Our reading of the company's report
The latest report
Oportun Financial Corporation reported Q1 2026 results with revenue of $228.8 million and adjusted EPS of $0.21, surpassing estimates but declining 3% and displaying a significant drop from last year's $235.9 million.…
Read full summary
Oportun Financial Corporation reported Q1 2026 results with revenue of $228.8 million and adjusted EPS of $0.21, surpassing estimates but declining 3% and displaying a significant drop from last year's $235.9 million. Critically, the company experienced a notable deterioration in net income, reporting $2.3 million, a steep decrease from $9.8 million in the prior year, largely due to increased charge-offs and operational expenses, compounding the challenges brought on by market conditions.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.21
What stood out
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Positive EPS Surprise
Actual diluted EPS of $0.21 beat consensus estimates of $0.16 but fell from $0.26 in 2024Q4.
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Operating Expenses Steady
Operating expenses remained relatively flat at $91.3 million for Q1 2026 compared to $92.7 million in Q1 2025.
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Cash Flow Upswing
Operating cash flow increased to $103.7 million in Q1 2026 from $101 million in Q1 2025.
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Slight Improvement in Delinquency Rate
30+ day delinquency rate improved to 4.5% from 4.7% a year ago.
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Increased Cash Reserves
Cash and cash equivalents increased to $130.4 million from $128.4 million in the previous quarter.
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Debt Reduction Progress
Interest expense decreased by 16.4% to $48 million from $57.4 million year over year.
What to watch
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Dramatic Net Income Decline
Net income plummeted to $2.3 million in Q1 2026 from $9.8 million in Q1 2025, revealing operational distress.
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Increased Charge-Off Rates
Annualized net charge-off rate increased to 12.7%, up from 12.2%, signaling a worsening credit environment.
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Revenue Contraction
Total revenue fell by 3% to $228.8 million from $235.9 million in Q1 2025, reflecting declining market conditions.
Management's outlook
Full-year 2026 guidance reflects a projected 16% increase in Adjusted EPS.
Earlier filings 4
10-K · February 27, 2026
Oportun positions itself as an AI-driven, mission-led provider of responsible credit and automated savings (Set & Save), emphasizing underwriting using alternative data and expansion of secured personal loans. The…
10-Q · November 5, 2025
Oportun returned to quarterly profitability in Q3 2025 with net income of $5,198 (thousands) and diluted EPS of $0.11, reversing a year‑ago loss of $29,956 (thousands) and $(0.75) EPS. Total revenue for the quarter was…
10-Q · May 9, 2025
Oportun (10-Q for quarter ended March 31, 2025) returned to profitability with net income of $9.8M and diluted EPS of $0.21 versus a net loss of $26.4M and loss per share of $0.68 in Q1 2024, on total revenue of $235.9M…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.