Oportun Financial (US:OPRT) Globenewswire·2026-02-26 21:05Core Insights - Oportun Financial Corporation achieved its fifth consecutive quarter of GAAP profitability, with a full year 2025 GAAP EPS of $0.53, an increase of $2.48 year-over-year, and an Adjusted EPS of $1.36, reflecting 89% growth [1][2][23] Financial Performance - Total revenue for Q4 2025 was $248 million, a decrease of 1% from $251 million in Q4 2024, primarily due to the absence of credit card revenue [11][19] - Full year 2025 total revenue was $957 million, down $45 million from 2024, attributed to decreased interest income and non-interest income [19][20] - Net income for Q4 2025 was $3.4 million, compared to $8.7 million in Q4 2024, while full year net income increased to $25 million from a loss of $79 million in 2024 [17][22] Operational Metrics - Aggregate originations for Q4 2025 were $495 million, a 5% decrease from $522 million in the prior-year quarter, but full year originations grew by 10% to $2.0 billion [5][7] - The Annualized Net Charge-Off Rate for Q4 2025 was 12.3%, an increase of 60 basis points from 11.7% in the prior-year quarter, while the full year rate remained stable at 12.0% [13][25] - The 30+ Day Delinquency Rate was 4.9% at the end of 2025, a slight increase from 4.8% at the end of 2024 [26][45] Cost Management - Operating expenses for Q4 2025 decreased by 6% year-over-year to $84 million, below the target of $92 million, driven by reduced software costs and marketing expenses [15][21] - Full year operating expenses were $362 million, a 12% decrease from $410 million in 2024, reflecting cost reduction initiatives [21][22] Future Outlook - For full year 2026, the company expects Adjusted EPS to be between $1.50 and $1.65, indicating a year-over-year growth of 11% to 21% [2][31]