OneMain (OMF) Q4 2025 earnings summary

Executive summary

• Achieved strong earnings growth in 2025, with full-year net income up 54% to $783 million and EPS up 36% to $6.66.

• Managed receivables grew 6% year-over-year to $26.3 billion, with originations up 8% to $14.4 billion and customer accounts up 11% to 3.8 million.

• Revenue increased 9% year-over-year to $6.2 billion, driven by higher yields and product innovation.

• Expanded product offerings, including new secured lending for homeowners, BrightWay credit card, and OneMain Auto, with enhanced digital engagement.

• Recognized as one of America's most loved workplaces for the fourth consecutive year.

Financial highlights

• Q4 2025 net income was $204 million ($1.72 per share), up 62% year-over-year.

• Full-year C&I EPS was $6.66, up from $4.89 in 2024.

• Capital generation reached $913 million, up 33% year-over-year.

• Q4 2025 total revenue was $1.6 billion, up 8% year-over-year.

• Managed receivables ended at $26.3 billion, up 6% year-over-year.

Outlook and guidance

• Expect managed receivables growth of 6%-9% in 2026, maintaining conservative underwriting.

• C&I net charge-offs projected at 7.4%-7.9% for 2026, with losses higher in H1 and lower in H2.

• Full-year OpEx ratio expected to remain around 6.6%.

• Anticipate continued capital generation growth and stable credit metrics in 2026.