Oportun Financial Corporation filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 4, 2026.

Key Highlights

  • Q3 2026 net income: $22,931 thousand, up from $5,198 thousand in Q3 2025, according to the filing.
  • Nine-month net income: $33,812 thousand for the nine months ended September 30, 2026, compared to $21,842 thousand for the same period in 2025.
  • Total revenue (Q3 2026): $246,277 thousand, versus $238,688 thousand in Q3 2025, driven by interest income of $231,436 thousand.
  • Diluted earnings per share (Q3 2026): $0.45, compared to $0.11 in Q3 2025.
  • Total assets: $3,213,779 thousand as of September 30, 2026, down from $3,257,856 thousand at December 31, 2025.
  • Total stockholders' equity: $433,439 thousand at September 30, 2026, up from $390,082 thousand at December 31, 2025.
  • Shares outstanding: 46,079,819 shares of common stock as of October 29, 2026.

Oportun Financial Reports Q3 2026 Results: Revenue Growth and Reduced Deficit

According to the filing, Oportun Financial Corporation (NASDAQ:OPRT) reported total revenue of $246,277 thousand for the three months ended September 30, 2026, compared to $238,688 thousand for the same period in 2025. Interest income accounted for $231,436 thousand of Q3 2026 revenue, up from $222,340 thousand in Q3 2025. Net revenue, after deducting interest expense of $41,130 thousand and a net decrease in fair value of $78,582 thousand, was $126,565 thousand for the quarter, compared to $105,050 thousand in Q3 2025.

Total operating expenses for Q3 2026 were $91,981 thousand, the company disclosed, slightly above the $90,806 thousand recorded in Q3 2025. Personnel costs increased to $26,108 thousand from $19,015 thousand, while technology and facilities expenses declined to $32,150 thousand from $35,380 thousand. Income before taxes for the quarter was $34,584 thousand, with income tax expense of $11,653 thousand, resulting in net income of $22,931 thousand. For the nine months ended September 30, 2026, net income was $33,812 thousand compared to $21,842 thousand for the comparable prior-year period.

The condensed consolidated balance sheet as of September 30, 2026, reflected loans receivable at fair value of $2,795,455 thousand and cash and cash equivalents of $181,174 thousand, the filing stated. The company's accumulated deficit narrowed to $193,473 thousand from $227,285 thousand at December 31, 2025. Secured financing increased to $449,718 thousand from $199,384 thousand over the same period, while asset-backed borrowings at amortized cost declined to $2,039,004 thousand from $2,192,649 thousand. The company is classified as an accelerated filer and a smaller reporting company, as indicated in the filing.

What Was Disclosed

Oportun Financial Corporation disclosed its unaudited condensed consolidated financial statements for the quarter and nine months ended September 30, 2026, reporting higher net income, increased total revenue, and an improved stockholders' equity position relative to both Q3 2025 and December 31, 2025.