Oportun Financial Corporation

Oportun Financial Corporation reported FY 2025 total revenue of $956.7M, a decrease from $1,001.8M in FY 2024. Net revenue was $405.8M, up from $295.2M in the prior year, driven by a reduced net decrease in fair value of -$319.3M compared to -$468.4M. The company achieved net income of $25.2M, a significant improvement from a net loss of -$78.7M in FY 2024. Operating expenses decreased to $361.8M from $410.4M, primarily due to reductions in technology and facilities, personnel, and general administrative costs. The company's strategic focus on improving credit outcomes, fortifying business economics, and identifying high-quality originations contributed to this turnaround. Liquidity remains robust with total liquidity reserves of $1,388.0M, including cash and available credit facilities.

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