Funding Circle (FCH) Q2 2026 TU earnings summary

Executive summary

• Achieved strong revenue and profit growth in the first half of 2026, building on momentum from 2025.

• Product innovation, especially shorter-term loans, and robust SME demand drove performance.

• Record number of businesses supported, with continued focus on profitable growth and product expansion.

Financial highlights

• Revenue rose to approximately £138 million, up 50% year-over-year (HY 2025: £92 million).

• Profit before tax reached about £23 million, compared to £6 million in HY 2025.

• Credit extended totaled £1.7 billion, up from £1.1 billion in HY 2025.

• Assets under management increased to £3.3 billion (HY 2025: £2.8 billion).

• Unrestricted cash balance was £136 million at 30 June 2026, up from £101 million at year-end 2025.

Outlook and guidance

• On track to achieve FY 2026 guidance of at least £235 million revenue and at least £35 million profit before tax.

• Continued investment in growth initiatives while monitoring the broader economic environment.

• Further updates expected at interim results in September.