{"schema_version":"secwatch.filing_event.v1","accession":"0001538716-24-000025","form_type":"8-K","ticker":"OPRT","cik":"0001538716","company_name":"Oportun Financial Corp","filed_at":"2024-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.550684+00:00","generated_at":"2026-06-04T22:59:53.788723+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Oportun Q4 GAAP net loss $42M, FY23 revenue $1.1B (+11%); guides improved FY24 profitability","bullets":["GAAP net loss $42M in Q4 ($1.09 diluted EPS) vs $8.4M loss a year ago; FY23 net loss $180M ($4.88 diluted EPS).","Total revenue $263M in Q4, FY23 revenue $1.1B, up 11% YoY.","Adjusted net loss $21M in Q4 ($0.54 diluted EPS); FY23 adjusted net loss $124M ($3.37 diluted EPS).","Adjusted EBITDA $6.1M in Q4 vs negative $34M in Q4 2022; FY23 adjusted EBITDA $1.7M vs negative $10M in FY22.","Announced additional $30M in run-rate opex savings by Q4 2024; completed $200M ABS in February at 160 bps lower pricing."],"urls":{"canonical":"https://secwatch.observer/filing/0001538716-24-000025","json":"https://secwatch.observer/filing/0001538716-24-000025.json","markdown":"https://secwatch.observer/filing/0001538716-24-000025.md","text":"https://secwatch.observer/filing/0001538716-24-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1538716/000153871624000025/0001538716-24-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1538716/000153871624000025/oprt-20240312.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T22:59:53.788723+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4437755751beeebd12cb49fcfb6bd865de5755c1","claim":"Oportun Financial Corp reported fourth quarter and full year ended December 31, 2023 results: revenue Total revenue of $263 million, bringing FY23 to $1.1 billion, net income Net income (loss) ($42) million for 4Q23; ($180) million for FY23, EPS Diluted EPS ($1.09) for 4Q23; ($4.88) for FY23.","evidence_excerpt":"Oportun Reports Fourth Quarter and Full Year 2023 Financial Results 4Q23 Total revenue of $263 million, bringing FY23 to $1.1 billion, up 11% year-over-year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1538716/000153871624000025/0001538716-24-000025-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"Total revenue of $263 million, bringing FY23 to $1.1 billion"},{"label":"Net income","value":"Net income (loss) ($42) million for 4Q23; ($180) million for FY23"},{"label":"EPS","value":"Diluted EPS ($1.09) for 4Q23; ($4.88) for FY23"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"6fe88903662e2ce9fdf0a3bb9f885704c90c63d4","claim":"Oportun Financial Corp reported fiscal quarter and full year ended December 31, 2023 results: revenue $263 million for the fourth quarter; full year $1.1 billion. Guidance reaffirmed.","evidence_excerpt":"as expressly stated by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Oportun Reports Fourth Quarter and Full Year 2023 Financial Results 4Q23 Total revenue of $263 million, bringing FY23 to $1.1 billion, up 11% year-over-year Quarterly operating expense down 15% $30 million in additional operating expense reductions announced $200 million February","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1538716/000153871624000025/0001538716-24-000025-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"$263 million for the fourth quarter; full year $1.1 billion"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}