Q2 FY2026 EarningsQ2 FY2026 beat consensus on top and bottom lines, with revenue of $262.9M exceeding the $262.4M expected and diluted EPS of $0.50 significantly outperforming the $0.42 mean consensus. Net income of $58.1M beat the $49.0M expected, driven by a 29% YoY surge in loan originations and strong credit performance resulting in a provision benefit of $10.9M. While the transition to fair value accounting for HFI loans accelerated revenue and marketing recognition, overall profitability was bolstered by an improved credit outlook and higher interest-earning assets.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Happen(HAPN) the Revenue is 262.86 M (+5.8%), Beat estimate;the EBIT is 64.74 M (-30.92%), Miss estimate;the EPS is 0.5 (+51.52%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.26B5.80%
0.26B5.60%
+0.00B0.20%
EBITMiss expectations
0.06B30.92%
0.07B27.12%
-0.00B3.80%
EPSExceed expectations
0.551.52%
0.418926.94%
+0.081124.58%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf