🔹 Revenue: $277.1M (Est. $279.8M) 🟡; UP +71% YoY
🔹 Adj. EPS: $0.52 (Est. $0.42) 🟢; vs. ($0.06) YoY
🔹 Adj. EBITDA: $71.2M (Est. $56.3M) 🟢
FY25 Outlook
🔹 Revenue: ~$1.035B (Est. $1.056B) 🔴
🔹 Adj. EBITDA: ~$228M (Est. $220M) 🟢
🔹 GAAP Net Income: ~$50M (Prior: ~$35M) 🟢
Q4’25 Guidance
🔹 Revenue: ~$288M
🔹 Adj. Net Income: ~$52M
🔹 Adj. EBITDA: ~$63M
🔹 Contribution Margin: ~53%
Other Q3 Metrics:
🔹 Adj. EBITDA Margin: 26% (Est. 20.3%) 🟢; vs. 1% YoY
🔹 Contribution Profit: $147.4M (Est. $161.4M) 🔴; UP +44% YoY
🔹 Total Originations: $2.9B; UP +80% YoY
🔹 Loans Originated: 428,056; UP +128% YoY
🔹 Conversion Rate: 20.6% (vs. 16.3% YoY)
CEO Commentary – Dave Girouard
🔸 “Q3 marked rapid growth, profitability, and AI leadership — with originations up 80% and revenue up 71%.”
🔸 “Our AI platform continues to adapt to macro signals while delivering strong credit performance.”