OneMain

OneMain (OMF) Q2 2026 Earnings

Reported Jul 29, 2026 at 6:33 AM ET · SEC Source

Q2 26 EPS

$1.31

BEAT +3.94%

Est. $1.26

Q2 26 Revenue

$1.62B

BEAT +26.90%

Est. $1.28B

vs S&P Since Q2 26

-3.6%

TRAILING MARKET

OMF +2.4% vs S&P +6.0%

Market Reaction

Did OMF Beat Earnings? Q2 2026 Results

OneMain Holdings, Inc. Delivered a mixed second quarter for 2026, posting adjusted diluted EPS of $1.31 and revenue of $1.62 billion as a surge in loan loss provisions weighed on profitability even as the company's growth engine ran at full speed, ex… Read more OneMain Holdings, Inc. Delivered a mixed second quarter for 2026, posting adjusted diluted EPS of $1.31 and revenue of $1.62 billion as a surge in loan loss provisions weighed on profitability even as the company's growth engine ran at full speed, extending its streak of beating consensus EPS estimates to four consecutive quarters. GAAP net income slipped to $152.00 million from $167.00 million a year ago, with the $610.00 million provision for finance receivable losses, up sharply from $511.00 million, serving as the primary drag on the bottom line. The growth story, however, remained compelling: managed receivables climbed 7% year-over-year to $26.90 billion, originations rose 10% to $4.30 billion, and credit card receivables nearly doubled to $1.14 billion from $752.00 million. Credit quality offered some reassurance, with the net charge-off ratio improving sequentially to 7.77% from 8.02% in Q1 2026, a trend analysts had flagged as the critical variable heading into the print. Management signaled continued confidence in profitable growth across all product lines, supported by what it described as an industry-leading balance sheet and improving credit performance in the back half of the year.

Key Takeaways

  • Receivables growth of 7% year-over-year to $26.9 billion managed receivables
  • Consumer loan originations up 10% to $4.3 billion
  • Improved portfolio yield to 22.7%
  • Capital generation increased to $229 million from $222 million year-over-year
  • 30+ delinquency ratio improved sequentially from 5.37% to 5.17%
  • Net charge-off ratio improved sequentially from 8.02% to 7.77%

OMF Forward Guidance & Outlook

CEO commentary suggests the company is positioned for profitable growth and attractive returns going forward, driven by growth across all product lines, improving credit performance, and an industry-leading balance sheet. The company continues to make strategic investments in the business.

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OMF YoY Financials

Q2 2026 vs Q2 2025, source: SEC Filings

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OMF Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q2 26

“We delivered another strong quarter with disciplined underwriting, continued innovation and strong execution across the business.”

— Doug Shulman, Q2 2026 Earnings Press Release