---
schema_version: "secwatch.filing_event.v1"
accession: "0001538716-23-000128"
form_type: "8-K"
ticker: "OPRT"
cik: "0001538716"
company_name: "Oportun Financial Corp"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T01:47:27.374205+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Oportun reports record Q2 revenue of $267M, GAAP loss narrows; guides to $90-95M adjusted EBITDA in H2

## Summary
- Revenue $267M (+18% YoY); GAAP net loss $15M vs $9.2M loss; adjusted net income $2.3M.
- Adjusted EBITDA $4.3M in Q2 vs $(4.5)M loss; H2 2023 adjusted EBITDA guidance $90-95M.
- Signed two whole loan flow sale agreements for up to $700M in personal loan production over 12 months.
- Members reached 2.0M (+10% YoY); originations $485M (-45% YoY) reflecting tightened credit posture.
- Annualized net charge-off rate 12.5% (vs 8.6% YoY); operating expenses lowest since 2021, down 14% YoY.

## SEC filing metadata
- accession: 0001538716-23-000128
- form_type: 8-K
- ticker: OPRT
- cik: 0001538716
- company_name: Oportun Financial Corp
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538716/000153871623000128/0001538716-23-000128-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538716/000153871623000128/oprt-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001538716-23-000128
- JSON: https://secwatch.observer/filing/0001538716-23-000128.json
- Plain text: https://secwatch.observer/filing/0001538716-23-000128.txt

## Key facts
- Earnings Releases
  Oportun Financial Corp reported second quarter ended June 30, 2023 results: revenue $267 million, net income $(15) million, EPS $(0.41). Guidance reaffirmed.
  - Period: second quarter ended June 30, 2023
  - Revenue: $267 million
  - Net income: $(15) million
  - EPS: $(0.41)
  - Guidance: reaffirmed
  - Result: reported results
  source text: Oportun Reports Strong Second Quarter 2023 Financial Results Record revenue of $267 million, 18% year-over-year growth
  evidence_url: https://www.sec.gov/Archives/edgar/data/1538716/000153871623000128/0001538716-23-000128-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.