OMF

EX-99.1

2 exhibit991earningsreleaseo.htm

EX-99.1

Document

Exhibit 99.1

ONEMAIN HOLDINGS, INC. REPORTS SECOND QUARTER 2026 RESULTS

–2Q 2026 Diluted EPS of $1.32

–2Q 2026 C&I adjusted diluted EPS of $1.31

–2Q 2026 Managed receivables of $26.9 billion

–Declared quarterly dividend of $1.05 per share

New York, NY, July 29, 2026 - OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today reported pretax income of $196 million and net income of $152 million for the second quarter of 2026, compared to $214 million and $167 million, respectively, in the prior year quarter. Earnings per diluted share were $1.32 in the second quarter of 2026, compared to $1.40 in the prior year quarter.

On July 29, 2026, OneMain declared a quarterly dividend of $1.05 per share, payable on August 14, 2026, to record holders of the Company's common stock as of the close of business on August 10, 2026.

During the quarter, the Company repurchased approximately 576 thousand shares of common stock for $32 million.

“We delivered another strong quarter with disciplined underwriting, continued innovation and strong execution across the business,” said Doug Shulman, Chairman and CEO of OneMain. “Growth across all of our products, improving credit performance and our industry leading balance sheet position OneMain to deliver profitable growth and attractive returns going forward.”

The following segment results are reported on a non-GAAP basis. Refer to the required reconciliations of non-GAAP to comparable GAAP measures at the end of this press release.

Consumer and Insurance Segment (“C&I”)

C&I adjusted pretax income was $201 million and adjusted net income was $151 million for the second quarter of 2026, compared to $231 million and $173 million, respectively, in the prior year quarter. Adjusted earnings per diluted share were $1.31 for the second quarter of 2026, compared to $1.45 in the prior year quarter.

Management runs the business based on capital generation, which it defines as C&I adjusted net income excluding the after-tax change in C&I allowance for finance receivable losses while still considering the current period C&I net charge-offs. Capital generation was $229 million for the second quarter of 2026, compared to $222 million the prior year quarter. The increase was driven by receivable growth and yield improvement, partially offset by higher net charge-offs in the current quarter compared to the prior year period.

Managed receivables, which includes loans serviced for our whole loan sale partners and auto finance loans originated by third parties, were $26.9 billion at June 30, 2026, up 7% from $25.2 billion at June 30, 2025.

Consumer loan originations totaled $4.3 billion in the second quarter of 2026, up 10% from $3.9 billion in the prior year quarter.

Total revenue, comprising interest income and total other revenue, was $1.6 billion in the second quarter of 2026, up 6% from $1.5 billion in the prior year quarter. Interest income in the second quarter of 2026 was $1.4 billion, up 6% from $1.3 billion in the prior year quarter. The increase was driven by receivables growth and improved portfolio yield.

Interest expense was $326 million in the second quarter of 2026, up 3% from $317 million in the prior year quarter, due to an increase in average debt to support our receivables growth.

The provision for finance receivable losses was $610 million in the second quarter of 2026, up from $511 million compared to the prior year period. During the second quarter of 2026, the allowance for finance receivable losses increased $104 million driven by receivables growth.

1

C&I Select Delinquency and Loss RatiosJune 30, 2026March 31, 2026June 30, 2025

Consumer loans:

30+ delinquency ratio5.17 %5.37 %5.17 %

90+ delinquency ratio2.15 %2.53 %2.12 %

30-89 delinquency ratio3.02 %2.84 %3.05 %

Net charge-offs

7.77 %8.02 %7.19 %

Operating expense for the second quarter of 2026 was $439 million, up 6% from $415 million in the prior year quarter reflecting receivable growth and strategic investments in the business.

Funding and Liquidity

As of June 30, 2026, the Company had principal debt balances outstanding of $23.1 billion, 52% of which was secured. The Company had $567 million of cash and cash equivalents, which included $171 million of cash and cash equivalents held at regulated insurance subsidiaries or for other operating activities that are unavailable for general corporate purposes.

Cash and cash equivalents, together with the Company’s $1.0 billion of undrawn committed capacity from an unsecured corporate revolver, $6.5 billion of undrawn committed capacity under revolving conduit facilities and credit card variable funding note facilities, and $11.6 billion of unencumbered receivables, provides significant liquidity resources.

Conference Call & Webcast Information

OneMain management will host a conference call and webcast to discuss the Company's resul

EX-99.1

2 exhibit991earningsreleaseo.htm

EX-99.1

Document

Exhibit 99.1

ONEMAIN HOLDINGS, INC. REPORTS FIRST QUARTER 2026 RESULTS

–1Q 2026 Diluted EPS of $1.93

–1Q 2026 C&I adjusted diluted EPS of $1.95

–1Q 2026 Managed receivables of $26.1 billion

–Declared quarterly dividend of $1.05 per share

New York, NY, May 1, 2026 - OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today reported pretax income of $296 million and net income of $226 million for the first quarter of 2026, compared to $275 million and $213 million, respectively, in the prior year quarter. Earnings per diluted share were $1.93 in the first quarter of 2026, compared to $1.78 in the prior year quarter.

On May 1, 2026, OneMain declared a quarterly dividend of $1.05 per share, payable on May 15, 2026, to record holders of the Company's common stock as of the close of business on May 11, 2026.

During the quarter, the Company repurchased approximately 1.9 million shares of common stock for $105 million.

“We delivered a very good start to 2026, executing on our growth initiatives while maintaining our disciplined credit approach and balance sheet management,” said Doug Shulman, Chairman and CEO of OneMain. “As we execute across our core loan business and newer products, we are driving revenue growth with good credit performance, reinforcing our ability to generate sustainable, attractive returns for shareholders.”

The following segment results are reported on a non-GAAP basis. Refer to the required reconciliations of non-GAAP to comparable GAAP measures at the end of this press release.

Consumer and Insurance Segment (“C&I”)

C&I adjusted pretax income was $305 million and adjusted net income was $229 million for the first quarter of 2026, compared to $275 million and $207 million, respectively, in the prior year quarter. Adjusted earnings per diluted share were $1.95 for the first quarter of 2026, compared to $1.72 in the prior year quarter.

Management runs the business based on capital generation, which it defines as C&I adjusted net income excluding the after-tax change in C&I allowance for finance receivable losses while still considering the current period C&I net charge-offs. Capital generation was $194 million for the first quarter of 2026, comparable to the prior year quarter.

Managed receivables, which includes loans serviced for our whole loan sale partners and auto finance loans originated by third parties, were $26.1 billion at March 31, 2026, up 6% from $24.6 billion at March 31, 2025.

Consumer loan originations totaled $3.1 billion in the first quarter of 2026, up 3% from $3.0 billion in the prior year quarter.

Total revenue, comprising interest income and total other revenue, was $1.6 billion in the first quarter of 2026, up 6% from $1.5 billion in the prior year quarter. Interest income in the first quarter of 2026 was $1.4 billion, up 6% from $1.3 billion in the prior year quarter. The increase was driven by receivables growth.

Interest expense was $322 million in the first quarter of 2026, up 4% from $311 million in the prior year quarter, due to an increase in average debt to support our receivables growth.

The provision for finance receivable losses was $465 million in the first quarter of 2026, up $9 million compared to the prior year period. During the first quarter of 2026, the allowance for finance receivable losses decreased $47 million driven by a seasonal decline in receivables.

1

C&I Select Delinquency and Loss RatiosMarch 31, 2026December 31, 2025March 31, 2025

Consumer loans:

30+ days delinquency ratio5.37 %5.85 %5.16 %

90+ days delinquency ratio2.53 %2.49 %2.38 %

30-89 days delinquency ratio2.84 %3.36 %2.77 %

Net charge-offs

8.02 %7.56 %7.83 %

Operating expense for the first quarter of 2026 was $437 million, up 9% from $401 million in the prior year quarter reflecting receivable growth and strategic investments in the business.

Funding and Liquidity

As of March 31, 2026, the Company had principal debt balances outstanding of $22.7 billion, 51% of which was secured. The Company had $834 million of cash and cash equivalents, which included $155 million of cash and cash equivalents held at regulated insurance subsidiaries or for other operating activities that are unavailable for general corporate purposes.

Cash and cash equivalents, together with the Company’s $1.1 billion of undrawn committed capacity from an unsecured corporate revolver, $6.4 billion of undrawn committed capacity under revolving conduit facilities and credit card variable funding note facilities, and $11.4 billion of unencumbered receivables, provides significant liquidity resources.

Conference Call & Webcast Information

OneMain management will host a conference call and webcast to discuss the Company's results, outlook, and related matters at 9:00 am Eastern Time on Friday, May 1, 2026. Both the call and webcast are open to the general public. The general pub

omf-202602050001584207FALSE00015842072026-02-052026-02-05

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT (Date of earliest event reported): February 5, 2026 (February 5, 2026)

ONEMAIN HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

Delaware001-3612927-3379612 (State or other jurisdiction of incorporation)(Commission file number)(I.R.S. employer identification number)

601 N.W. Second Street, Evansville, IN 47708 (Address of principal executive offices) (Zip code) (812) 424-8031 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading SymbolName of each exchange on which registered Common Stock, par value $0.01 per shareOMFNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On February 5, 2026, OneMain Holdings, Inc. (the “Company”) issued a press release announcing the Company’s results for its fiscal quarter ended December 31, 2025. A copy of the Company’s press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference in its entirety.

The information disclosed under this Item 2.02, including Exhibit 99.1 hereto, is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, unless expressly set forth as being incorporated by reference into such filing.

Item 7.01 Regulation FD Disclosure.

On February 5, 2026, the Company issued a press release announcing that the Company declared a dividend of $1.05 per share payable on February 23, 2026 to record holders of our common stock as of the close of business on February 17, 2026. A copy of the Company’s press release is attached as Exhibit 99.1 hereto and incorporated herein by reference.

The information in the press release is being furnished, not filed, pursuant to this Item 7.01. Accordingly, the information in the press release will not be incorporated by reference into any registration statement filed by the Company under the Securities Act unless specifically identified therein as being incorporated therein by reference. The furnishing of the information in this Current Report with respect to the press release is not intended to, and does not, constitute a determination or admission by the Company that the information in this Current Report with respect to the press release is material or complete, or that investors should consider this information before making an investment decision with respect to any security of the Company.

Item 9.01 Financial Statements and Exhibits.

(d)     Exhibits.

Exhibit NumberDescription 99.1 Press Release issued February 5, 2026

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ONEMAIN HOLDINGS, INC.

(Registrant)

Date:February 5, 2026By:/s/ Jeannette E. Osterhout Jeannette E. Osterhout

Executive Vice President and Chief Financial Officer