Oportun Financial Corp
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
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Key Financial and Operating Metrics
We monitor and evaluate the following key metrics in order to measure our current performance, develop and refine our growth strategies, and make strategic decisions.
The following table and related discussion set forth key financial and operating metrics for our operations as of and for the years ended December 31, 2025 and 2024. For similar financial and operating metrics and discussion of our 2024 results compared to our 2023 results, refer to Part II. Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of our Annual Report on Form 10-K for the year ended December 31, 2024 as filed with the SEC on February 20, 2025.
| As of or for the Year Ended December 31, | ||
|---|---|---|
| (in thousands of dollars) | 2025 | 2024 |
| Key Financial and Operating Metrics | ||
| Aggregate Originations | $1,956,781 | $1,775,304 |
| Portfolio Yield | 33.1% | 33.5% |
| 30+ Day Delinquency Rate | 4.9% | 4.8% |
| Annualized Net Charge-Off Rate | 12.0% | 12.0% |
| Other Metrics | ||
| Managed Principal Balance at End of Period | $2,914,038 | $2,973,537 |
| Owned Principal Balance at End of Period | $2,738,985 | $2,678,232 |
| Average Daily Principal Balance (1) | $2,701,702 | $2,766,634 |
(1)As of December 31, 2024, Average Daily Principal Balance included $83.6 million related to credit card receivables. On November 12, 2024, the Company completed the sale of its credit cards receivable portfolio to a third-party credit card marketer and servicer.
See “Glossary” at the end of Part II of this report for formulas and definitions of our key performance metrics.
Aggregate Originations
Aggregate Originations increased to $1.96 billion for the year ended December 31, 2025, from $1.78 billion for the year ended December 31, 2024, representing a 10.2% increase. The increase was driven by growth in returning‑member originations and expansion of our SPL product to eight states, and increase in referral-driven originations. We also continued a targeted loan program which offers small, short‑term loans to applicants who do not qualify for our principal loan products to help build payment history and potentially transition borrowers into our core products. These gains were partially offset by strategic underwriting changes implemented in 2025 in response to macro conditions, that reduced approval rates and average loan size.
Portfolio Yield
Portfolio yield decreased to 33.1% for the year ended December 31, 2025, from 33.5% for the year ended December 31, 2024. Thedecrease was primarily due to changes in product mix, and vintage mix, and partially offset by higher origination fees.
30+ Day Delinquency Rate
Our 30+ Day Delinquency Rate increased 13 basis points to 4.9% as of December 31, 2025, from 4.8% as of December 31, 2024. Theincrease was primarily due to a higher proportion of originations to new members in the first half of 2025.
Annualized Net Charge-Off Rate
Annualized Net Charge-Off Rate of 12.0% for the year ended December 31, 2025 was in line with the 12.0% attained in 2024.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.