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OneMain Holdings Q3 net income falls to $185M

Revenue rose 7% year over year while net income was $185 million; the company also declared a $1.05-per-share dividend.

Filing Impact
(Moderate)
Filing Sentiment

Sentiment and the balance of points

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How Sentiment worksHow the balance works

Form Type
8-K

Rhea-AI Filing Summary

OneMain Holdings, Inc. (OMF) reported third-quarter 2026 pretax income of $233 million and net income of $185 million, versus $263 million and $199 million a year earlier. Diluted EPS was $1.60, compared with $1.67. Total revenue was $1.7 billion, up 7%; managed receivables were $28.1 billion at September 30, 2026, up 9%, and consumer loan originations were $4.5 billion, up 17%.

Consumer and Insurance adjusted net income, a non-GAAP measure, was $174 million versus $227 million; adjusted diluted EPS was $1.51 versus $1.90. Provision for finance receivable losses was $615 million, versus $488 million. The net charge-off ratio was 6.89% versus 6.67%, while the 30+ delinquency ratio was 5.34% versus 5.55%. OneMain declared a quarterly dividend of $1.05 per share, payable November 13, 2026, to holders of record November 9, and repurchased approximately 538,000 shares for $34 million during the quarter.

At September 30, principal debt balances were $24.4 billion, 52% secured. Cash and cash equivalents were $936 million, including $268 million unavailable for general corporate purposes. OneMain also reported $1.0 billion of undrawn unsecured corporate revolver capacity, $6.5 billion under revolving conduit and credit-card variable funding note facilities, and $12.3 billion of unencumbered receivables.

1 point · 0 major

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0 major · 1 point

How the balance works

Positive

  • Moderate pointTotal revenue increased 7% to $1.7 billion year over year.

Negative

  • Moderate pointNet income fell to $185 million from $199 million year over year.
Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Total revenue $1.7 billion Third quarter 2026; up 7% from the prior-year quarter
Pretax income $233 million Third quarter 2026, compared with $263 million in the prior-year quarter
Net income $185 million Third quarter 2026, compared with $199 million in the prior-year quarter
Diluted EPS $1.60 Third quarter 2026, compared with $1.67 in the prior-year quarter
Managed receivables $28.1 billion As of September 30, 2026; up 9% from September 30, 2025
Provision for finance receivable losses $615 million Third quarter 2026, compared with $488 million in the prior-year quarter
Quarterly dividend $1.05 per share Payable November 13, 2026, to holders of record November 9, 2026
Common shares repurchased Approximately 538,000 shares for $34 million During the third quarter of 2026
Capital generation financial
"Capital generation was $284 million for the third quarter of 2026"
Managed receivables financial
"Managed receivables, which includes loans serviced for our whole loan sale partners"
Managed receivables are the customer invoices or IOUs a company actively controls through policies or outside services to speed up cash collection or shift risk—think of turning slow-paying tabs into quicker cash by using a payment plan, factoring, or tighter credit checks. Investors care because how receivables are managed affects a company’s cash flow, debt needs and the reliability of reported earnings, much like how quickly a household collects owed money determines its ability to pay bills.
Net charge-off ratio financial
"Net charge-off ratio | 6.89%"
The net charge-off ratio measures the portion of a lender’s loans that were written off as uncollectible after subtracting any later recoveries, divided by the average loan balance over the same period and shown as a percentage. It tells investors how many loans are effectively going bad — like the share of rotten fruit in a basket — and helps assess a lender’s credit quality, potential future losses and pressure on profits and reserves.
Net leverage financial
"Net leverage (net adjusted debt to adjusted capital)"
Net leverage measures how many years it would take for a company to pay off its outstanding debt using its annual operating cash flow, after subtracting cash on hand from total debt. Think of it like a household’s mortgage balance minus savings divided by yearly income; a lower number means the company is in a safer position to handle debt, while a higher number signals greater financial risk and potential pressure on profits or growth.
Pretax income $233 million Compared with $263 million in the prior-year quarter
Net income $185 million Compared with $199 million in the prior-year quarter
Diluted EPS $1.60 Compared with $1.67 in the prior-year quarter
Total revenue $1.7 billion Up 7% from the prior-year quarter
Managed receivables $28.1 billion Up 9% from $25.9 billion as of September 30, 2025

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were OMF's third-quarter 2026 earnings?
OneMain reported $233 million in pretax income and $185 million in net income, with diluted EPS of $1.60. Total revenue was $1.7 billion, up 7% from the prior-year quarter.

What dividend did OMF declare?
OneMain declared a $1.05-per-share quarterly dividend, payable November 13, 2026, to common stockholders of record at the close of business on November 9, 2026.

How does OneMain define capital generation?
Management defines capital generation as Consumer and Insurance adjusted net income excluding the after-tax change in the segment's allowance for finance receivable losses, while still considering current-period net charge-offs.

What does OMF include in managed receivables?
Managed receivables include Consumer and Insurance net finance receivables, finance receivables serviced for whole loan sale partners, and auto finance loans originated by third parties.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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0001584207FALSE00015842072026-10-302026-10-30



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): October 30, 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 October 30, 2026, OneMain Holdings, Inc. (the “Company”) issued a press release announcing the Company’s results for its fiscal quarter ended September 30, 2026. 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 October 30, 2026, the Company issued a press release announcing that the Company declared a dividend of $1.05 per share payable on November 13, 2026 to record holders of our common stock as of the close of business on November 9, 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 October 30, 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:October 30, 2026By:/s/ Jeannette E. Osterhout
Jeannette E. Osterhout
Executive Vice President and Chief Financial Officer






Exhibit 99.1

ONEMAIN HOLDINGS, INC. REPORTS THIRD QUARTER 2026 RESULTS
–3Q 2026 Diluted EPS of $1.60
–3Q 2026 C&I adjusted diluted EPS of $1.51
–3Q 2026 Managed receivables of $28.1 billion
–Declared quarterly dividend of $1.05 per share

New York, NY, October 30, 2026 - OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today reported pretax income of $233 million and net income of $185 million for the third quarter of 2026, compared to $263 million and $199 million, respectively, in the prior year quarter. Earnings per diluted share were $1.60 in the third quarter of 2026, compared to $1.67 in the prior year quarter.

On October 30, 2026, OneMain declared a quarterly dividend of $1.05 per share, payable on November 13, 2026, to record holders of the Company's common stock as of the close of business on November 9, 2026.

During the quarter, the Company repurchased approximately 538 thousand shares of common stock for $34 million.

“We delivered another strong quarter, building on the positive momentum across our business and demonstrating our ability to drive growth while maintaining rigorous credit discipline,” said Doug Shulman, Chairman and CEO of OneMain. “We are confident in our ability to deliver attractive returns for shareholders well into the future.”

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 $232 million and adjusted net income was $174 million for the third quarter of 2026, compared to $303 million and $227 million, respectively, in the prior year quarter. Adjusted earnings per diluted share were $1.51 for the third quarter of 2026, compared to $1.90 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 $284 million for the third quarter of 2026, compared to $272 million the prior year quarter. The increase was driven by receivables growth, 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 $28.1 billion at September 30, 2026, up 9% from $25.9 billion at September 30, 2025.

Consumer loan originations totaled $4.5 billion in the third quarter of 2026, up 17% from $3.9 billion in the prior year quarter.

Total revenue, comprising interest income and total other revenue, was $1.7 billion in the third quarter of 2026, up 7% from $1.6 billion in the prior year quarter. Interest income in the third quarter of 2026 was $1.5 billion, up 7% from $1.4 billion in the prior year quarter. The increase was driven by receivables growth.

Interest expense was $345 million in the third quarter of 2026, up 8% from $320 million in the prior year quarter, due to an increase in average debt to support our receivables growth and a higher average cost of funds.

The provision for finance receivable losses was $615 million in the third quarter of 2026, up from $488 million compared to the prior year period. During the third quarter of 2026, the allowance for finance receivable losses increased $146 million driven by receivables growth.
1


C&I Select Delinquency and Loss RatiosSeptember 30, 2026June 30, 2026September 30, 2025
Consumer loans:
30+ delinquency ratio5.34 %5.17 %5.55 %
90+ delinquency ratio2.26 %2.15 %2.35 %
30-89 delinquency ratio3.08 %3.02 %3.20 %
Net charge-offs
6.89 %7.77 %6.67 %

Operating expense for the third quarter of 2026 was $453 million, up 6% from $427 million in the prior year quarter reflecting receivable growth and strategic investments in the business.

Funding and Liquidity

As of September 30, 2026, the Company had principal debt balances outstanding of $24.4 billion, 52% of which was secured. The Company had $936 million of cash and cash equivalents, which included $268 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 $12.3 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, October 30, 2026. Both the call and webcast are open to the general public. The general public is invited to listen to the call by dialing 877-407-0792 (U.S. domestic) or 201-689-8263 (international), and using conference ID 13762672, or via a live audio webcast through OneMain’s investor relations website at http://investor.onemainfinancial.com. For those unable to listen to the live broadcast, a replay will be available on the website after the event. An investor presentation will be available on OneMain's investor relations website prior to the start of the conference call.

About OneMain Holdings, Inc.

OneMain Financial (NYSE: OMF) is the leader in offering nonprime consumers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. We empower our customers to solve today’s problems and reach a better financial future through personalized solutions across 48 states, available online and in more than 1,300 locations. OneMain is committed to making a positive impact on the people and the communities we serve. For additional information, please visit www.OneMainFinancial.com.


2


Use of Non-GAAP Financial Measures

We report the operating results of Consumer and Insurance using the Segment Accounting Basis, which (i) reflects our allocation methodologies for interest expense and operating costs, to reflect the manner in which we assess our business results and (ii) excludes the impact of applying purchase accounting (eliminates premiums/discounts on our finance receivables and long-term debt at acquisition, as well as the amortization/accretion in future periods). Consumer and Insurance adjusted pretax income (loss), Consumer and Insurance adjusted net income (loss), and Consumer and Insurance adjusted earnings (loss) per diluted share are key performance measures used to evaluate the performance of our business. Consumer and Insurance adjusted pretax income (loss) represents income (loss) before income taxes on a Segment Accounting Basis and excludes net loss resulting from repurchases and repayments of debt, restructuring charges, and other items and strategic activities. We believe these non-GAAP financial measures are useful in assessing the profitability of our segment.

We also use pretax capital generation and capital generation, non-GAAP financial measures, as a key performance measure of our segment. Pretax capital generation represents Consumer and Insurance adjusted pretax income, as discussed above, and excludes the change in our Consumer and Insurance allowance for finance receivable losses in the period while still considering the Consumer and Insurance net charge-offs incurred during the period. Capital generation represents the after-tax effect of pretax capital generation. We believe that these non-GAAP measures are useful in assessing the capital created in the period impacting the overall capital adequacy of the Company. We believe that the Company’s reserves, combined with its equity, represent the Company's loss absorption capacity.

We utilize these non-GAAP measures in evaluating our performance. Additionally, these non-GAAP measures are consistent with the performance goals established in OMH’s executive compensation program. These non-GAAP financial measures should be considered supplemental to, but not as a substitute for or superior to, income (loss) before income taxes, net income, or other measures of financial performance prepared in accordance with GAAP.
3


This document contains summarized information concerning the Company and its business, operations, financial performance and trends. No representation is made that the information in this document is complete. For additional financial, statistical and business related information see the Company's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission (the “SEC”), as well as the Company’s other reports filed with the SEC from time to time, which are or will be available in the Investor Relations section of the OneMain Financial website (www.omf.com) and the SEC's website (www.sec.gov).

Cautionary Note Regarding Forward-Looking Statements
This document contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements preceded by, followed by or that otherwise include the words “anticipates,” “appears,” “assumes,” “believes,” “can,” “continues,” “could,” “estimates,” “expects,” “forecasts,” “foresees,” “goal,” “intends,” “likely,” “objective,” “plans,” “projects,” “target,” “trend,” “remains,” and similar expressions or future or conditional verbs such as “could,” “may,” “might,” “should,” “will” or “would” are intended to identify forward-looking statements, but these words are not the exclusive means of identifying forward-looking statements.

Forward-looking statements are not statements of historical fact but instead represent only management’s current beliefs regarding future events, objectives, goals, projections, strategies, performance, and future plans, and underlying assumptions and other statements related thereto. You should not place undue reliance on these forward-looking statements. By their nature, forward-looking statements are subject to risks, uncertainties, assumptions and other important factors that may cause actual results, performance or achievements to differ materially from those expressed in or implied by such forward-looking statements. Important factors that could cause actual results, performance, or achievements to differ materially from those expressed in or implied by forward-looking statements include, without limitation, the following: adverse changes and volatility in general economic conditions, including the interest rate environment and the financial markets; the sufficiency of our allowance for finance receivable losses; increased levels of unemployment and personal bankruptcies; the current inflationary environment and related trends affecting our customers; natural or accidental events such as earthquakes, hurricanes, pandemics, floods or wildfires affecting our customers, collateral, or our facilities; a failure in or breach of our information, operational or security systems or infrastructure or those of third parties, including as a result of cyber incidents, war or other disruptions; the adequacy of our credit risk scoring models; geopolitical risks, including recent geopolitical actions; adverse changes in our ability to attract and retain employees or key executives; increased competition or adverse changes in customer responsiveness to our distribution channels or products; changes in federal, state, or local laws, regulations, or regulatory policies and practices or increased regulatory scrutiny of our business or industry; risks associated with our insurance operations; the costs and effects of any actual or alleged violations of any federal, state, or local laws, rules or regulations; the costs and effects of any fines, penalties, judgments, decrees, orders, inquiries, investigations, subpoenas, or enforcement or other proceedings of any governmental or quasi-governmental agency or authority; our substantial indebtedness and our continued ability to access the capital markets and maintain adequate current sources of funds to satisfy our cash flow requirements; our ability to comply with all of our covenants; the effects of any downgrade of our debt ratings by credit rating agencies; and other risks and uncertainties described in the “Risk Factors” and “Management’s Discussion and Analysis” sections of the Company’s most recent Form 10-K filed with the SEC and in the Company’s other filings with the SEC from time to time.

If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, our actual results may vary materially from what we may have expressed or implied by these forward-looking statements. You should specifically consider the factors identified in this document that could cause actual results to differ before making an investment decision to purchase our securities. Furthermore, new risks and uncertainties arise from time to time, and it is impossible for us to predict those events or how they may affect us.

Forward looking statements included in this document speak only as of the date on which they were made. We undertake no obligation to update or revise any forward-looking statements, whether written or oral, to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events or the non-occurrence of anticipated events, whether as a result of new information, future developments or otherwise, except as required by law.
4


OneMain Holdings, Inc.
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
Quarter EndedFiscal Year
(unaudited, $ in millions, except per share amounts)Sep 30,
2026		Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025		20252024
Interest income$1,491$1,417$1,387$1,416$1,392$5,455$4,993
Interest expense(345)(326)(322)(323)(320)(1,272)(1,185)
Net interest income1,1461,0911,0651,0931,0724,1833,808
Provision for finance receivable losses(615)(610)(465)(542)(488)(1,997)(2,040)
Net interest income after provision for finance receivable losses5314816005515842,1861,768
Insurance113112112113112445445
Investment242523222698108
Gain on sales of finance receivables16161614176423
Net loss on repurchases and repayments of debt
—(1)(3)(1)(39)(67)(34)
Other
5955494547180153
Total other revenues212207197193163720695
Operating expenses(457)(448)(449)(447)(436)(1,707)(1,607)
Insurance policy benefits and claims(53)(44)(52)(48)(48)(198)(189)
Total other expenses(510)(492)(501)(495)(484)(1,905)(1,796)
Income before income taxes2331962962492631,001667
Income taxes
(48)(44)(70)(45)(64)(218)(158)
Net income$185$152$226$204$199$783$509
Weighted average number of diluted shares115.5115.8117.3118.3119.4119.3120.1
Diluted EPS$1.60$1.32$1.93$1.72$1.67$6.56$4.24
Book value per basic share$29.59$29.40$29.21$29.01$28.53$29.01$26.74
Return on assets2.6%2.3%3.4%3.0%3.0%2.9%2.0%
Change in allowance for finance receivable losses$(146)$(104)$46$(50)$(61)$(160)$(194)
Net charge-offs(469)(506)(511)(492)(427)(1,837)(1,846)
Provision for finance receivable losses$(615)$(610)$(465)$(542)$(488)$(1,997)$(2,040)
Note:
Quarters may not sum to fiscal year due to rounding.
5


OneMain Holdings, Inc.
CONSOLIDATED BALANCE SHEETS (UNAUDITED)
As of
(unaudited, $ in millions)Sep 30,
2026		Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025
Assets
Cash and cash equivalents$936$567$834$914$658
Investment securities1,5501,6491,6141,5901,657
Net finance receivables26,27325,14524,44724,83324,465
Unearned insurance premium and claim reserves(825)(792)(771)(791)(783)
Allowance for finance receivable losses(3,069)(2,923)(2,819)(2,865)(2,815)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses22,37921,43020,85721,17720,867
Restricted cash and restricted cash equivalents751738728699748
Goodwill1,4741,4741,4741,4741,474
Other intangible assets278279281282284
Other assets
1,3491,2871,2301,2521,297
Total assets$28,717$27,424$27,018$27,388$26,985
Liabilities and Shareholders’ Equity
Long-term debt$24,074$22,769$22,396$22,694$22,338
Insurance claims and policyholder liabilities530552566576578
Deferred and accrued taxes1816553542
Other liabilities704704624682649
Total liabilities25,32624,04123,64123,98723,607
Common stock11111
Additional paid-in capital1,7681,7581,7501,7571,750
Accumulated other comprehensive loss
(86)(54)(53)(41)(47)
Retained earnings2,7732,7102,6802,5792,500
Treasury stock(1,065)(1,032)(1,001)(895)(826)
Total shareholders’ equity3,3913,3833,3773,4013,378
Total liabilities and shareholders’ equity$28,717$27,424$27,018$27,388$26,985
6


OneMain Holdings, Inc.
CONSOLIDATED KEY FINANCIAL METRICS (UNAUDITED)
As of
(unaudited, $ in millions)Sep 30,
2026		Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025
Liquidity
Cash and cash equivalents$936$567$834$914$658
Cash and cash equivalents unavailable for general corporate purposes268171155176251
Unencumbered receivables
12,26911,62511,40911,83710,867
Undrawn conduit facilities5,7995,7995,8745,9995,999
Undrawn corporate revolver1,0251,0251,1001,0751,075
Undrawn credit card revolving variable funding note facilities
700700500400400
Drawn conduit facilities11111
Net adjusted debt$23,234$22,200$21,545$21,783$21,758
Total Shareholders’ equity
$3,391$3,383$3,377$3,401$3,378
Accumulated other comprehensive loss8654534147
Goodwill(1,474)(1,474)(1,474)(1,474)(1,474)
Other intangible assets(278)(279)(281)(282)(284)
Junior subordinated debt173173173173172
Adjusted tangible common equity
1,8981,8571,8481,8591,839
Allowance for finance receivable losses, net of tax *
2,3022,1922,1142,1492,111
Adjusted capital$4,200$4,049$3,962$4,008$3,950
Net leverage (net adjusted debt to adjusted capital)5.5x5.5x5.4x5.4x5.5x
    
*
Income taxes assume a 25% tax rate.


7


OneMain Holdings, Inc.
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (UNAUDITED)
Quarter EndedFiscal Year
(unaudited, $ in millions)Sep 30,
2026		Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025		20252024
Consumer & Insurance$231$194$293$247$261$988$707
Other—(1)——(2)(4)(1)
Segment to GAAP adjustment2332417(39)
Income before income taxes - GAAP basis$233$196$296$249$263$1,001$667
Consumer & Insurance pretax income$231$194$293$247$261$988$707
Net loss on repurchases and repayments of debt—13—396533
Restructuring charges—5712429
Other (1)
11221313
Consumer & Insurance adjusted pretax income (non-GAAP)$232$201$305$250$303$1,060$782
Reconciling items (2)
$1$(4)$(9)$(1)$(38)$(55)$(114)
Consumer & Insurance$26,283$25,157$24,463$24,853$24,490$24,853$23,598
Segment to GAAP adjustment(10)(12)(16)(20)(25)(20)(44)
Net finance receivables - GAAP basis$26,273$25,145$24,447$24,833$24,465$24,833$23,554
Consumer & Insurance$3,071$2,925$2,821$2,868$2,818$2,868$2,710
Segment to GAAP adjustment(2)(2)(2)(3)(3)(3)(5)
Allowance for finance receivable losses - GAAP basis$3,069$2,923$2,819$2,865$2,815$2,865$2,705
    
Note:
Quarters may not sum to fiscal year due to rounding.
(1)
Includes strategic activities and other items.
(2)
Reconciling items consist of Segment to GAAP adjustment and the adjustments to Pretax income – segment accounting basis for C&I and Other. The adjustments to Other adjusted pretax income (loss) are not disclosed in the table above due to immateriality.
8


OneMain Holdings, Inc.
CONSUMER & INSURANCE SEGMENT (UNAUDITED) (Non-GAAP)
Quarter EndedFiscal Year
(unaudited, in millions, except per share amounts)Sep 30,
2026		Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025		20252024
Interest income$1,487$1,413$1,383$1,411$1,386$5,432$4,965
Interest expense(345)(326)(322)(323)(320)(1,270)(1,181)
Net interest income1,1421,0871,0611,0881,0664,1623,784
Provision for finance receivable losses(615)(610)(465)(542)(488)(1,999)(1,981)
Net interest income after provision for finance receivable losses5274775965465782,1631,803
Insurance113112112113112445445
Investment242523222698108
Gain on sales of finance receivables16161614176423
Other
5854474645175146
Total other revenues211207198195200782722
Operating expenses(453)(439)(437)(443)(427)(1,687)(1,554)
Insurance policy benefits and claims(53)(44)(52)(48)(48)(198)(189)
Total other expenses(506)(483)(489)(491)(475)(1,885)(1,743)
Adjusted pretax income (non-GAAP)2322013052503031,060782
Income taxes *
(58)(50)(76)(62)(76)(265)(195)
Adjusted net income (non-GAAP)$174$151$229$188$227$795$587
Weighted average number of diluted shares115.5115.8117.3118.3119.4119.3120.1
C&I adjusted diluted EPS
$1.51$1.31$1.95$1.59$1.90$6.66$4.89
Note:
Quarters may not sum to fiscal year due to rounding.
*
Income taxes assume a 25% tax rate.

9


OneMain Holdings, Inc.
CONSUMER & INSURANCE SEGMENT METRICS (UNAUDITED)
Quarter EndedFiscal Year
(unaudited, $ in millions)Sep 30,
2026		Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025		20252024
Net finance receivables - personal loans$22,079$21,329$20,918$21,430$21,225$21,430$20,833
Net finance receivables - auto finance
2,8212,6842,5622,4872,4312,4872,122
Net finance receivables - consumer loans
24,90024,01323,48023,91723,65623,91722,955
Net finance receivables - credit cards1,3831,144983936834936643
Net finance receivables$26,283$25,157$24,463$24,853$24,490$24,853$23,598
Allowance for finance receivable losses$3,071$2,925$2,821$2,868$2,818$2,868$2,710
Allowance ratio11.68%11.63%11.53%11.54%11.51%11.54%11.48%
Net finance receivables26,28325,15724,46324,85324,49024,85323,598
Finance receivables serviced for others1,8171,7021,5881,4581,3951,4581,141
Managed receivables$28,100$26,859$26,051$26,311$25,885$26,311$24,739
Average net finance receivables - personal loans$21,721$21,063$21,168$21,404$21,045$20,937$20,301
Average net finance receivables - auto finance
2,7552,6212,5152,4622,3902,3241,662
Average net finance receivables - consumer loans
24,47623,68423,68323,86623,43523,26121,963
Average net finance receivables - credit cards1,2691,065962879803767477
Average net receivables25,74524,74924,64524,74524,23824,02822,440
Average receivables serviced for others1,7711,6571,5401,4341,3661,3201,113
Average managed receivables$27,516$26,406$26,185$26,179$25,604$25,348$23,553
Note:
Consumer & Insurance financial information is presented on an adjusted Segment Accounting Basis. Amounts may not sum due to rounding.
10


OneMain Holdings, Inc.
CONSUMER & INSURANCE KEY METRICS (UNAUDITED) (Non-GAAP)
Quarter EndedFiscal Year
(unaudited, in millions)Sep 30,
2026		Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025		20252024
Adjusted pretax income (non-GAAP)$232$201$305$250$303$1,060$782
Provision for finance receivable losses6156104655424881,9991,981
Net charge-offs(469)(506)(512)(492)(428)(1,841)(1,849)
Change in C&I allowance for finance receivable losses (non-GAAP)146104(47)5060158132
Pretax capital generation (non-GAAP)3783052583003631,218914
Capital generation, net of tax* (non-GAAP)
$284$229$194$225$272$913$685
C&I average net receivables$25,745$24,749$24,645$24,745$24,238$24,028$22,440
Capital generation return on receivables (non-GAAP)
4.4%3.7%3.2%3.6%4.5%3.8%3.1%
Note:
Consumer & Insurance financial information is presented on an adjusted Segment Accounting Basis. Amounts may not sum to fiscal year due to rounding.
*
Income taxes assume a 25% rate.

11


OneMain Holdings, Inc.
CONSUMER & INSURANCE CONSUMER LOANS METRICS (UNAUDITED)
Quarter EndedFiscal Year
(unaudited, $ in millions)Sep 30,
2026		Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025		20252024
Gross charge-offs$522$572$567$540$480$2,043$2,080
Recoveries(98)(113)(98)(86)(86)(342)(307)
Net charge-offs$424$459$469$454$394$1,701$1,773
Gross charge-off ratio
8.48%9.70%9.70%8.98%8.13%8.78%9.34%
Recovery ratio(1.59%)(1.92%)(1.68%)(1.42%)(1.45%)(1.47%)(1.39%)
Net charge-off ratio
6.89%7.77%8.02%7.56%6.67%7.31%7.94%
Average net receivables$24,476$23,684$23,683$23,866$23,435$23,261$21,963
Yield22.6%22.7%22.5%22.5%22.6%22.5%22.1%
Origination volume
$4,542$4,316$3,104$3,609$3,889$14,427$13,321
30+ delinquency$1,331$1,241$1,260$1,399$1,312$1,399$1,322
90+ delinquency$563$516$594$596$556$596$579
30-89 delinquency$768$725$666$803$756$803$743
30+ delinquency ratio5.34%5.17%5.37%5.85%5.55%5.85%5.76%
90+ delinquency ratio2.26%2.15%2.53%2.49%2.35%2.49%2.52%
30-89 delinquency ratio3.08%3.02%2.84%3.36%3.20%3.36%3.24%
Note:
Consumer & Insurance financial information is presented on a Segment Accounting Basis. Delinquency ratios are calculated as a percentage of C&I consumer loan net finance receivables. Amounts may not sum due to rounding.
12


Defined Terms
•Adjusted capital: adjusted tangible common equity plus allowance for finance receivable losses (ALLL), net of tax
•Adjusted tangible common equity (TCE): total shareholders’ equity less accumulated other comprehensive loss less goodwill less other intangible assets plus junior subordinated debt
•Auto finance: financing at the point of purchase through a network of auto dealerships
•Available cash and cash equivalents: cash and cash equivalents less cash and cash equivalents held at our regulated insurance subsidiaries or is unavailable for general corporate purposes
•Average total assets: average of monthly average total assets (total assets at the beginning and end of each month divided by two) in the period
•C&I adjusted diluted EPS: C&I adjusted net income (non-GAAP) / weighted average diluted shares
•Capital generation: C&I adjusted net income less change in C&I allowance for finance receivable losses, net of tax
•Capital generation return on receivables*: annualized capital generation / C&I average net receivables
•Consumer loans: personal loans and auto finance
•Finance receivables serviced for others: unpaid principal balance plus accrued interest of loans sold as part of our whole loan sale program plus auto finance loans originated by third parties.
•Gross charge-off ratio*: annualized gross charge-offs / average net receivables
•Managed receivables: C&I net finance receivables plus finance receivables serviced for our whole loan sale partners plus auto finance loans originated by third parties
•Net adjusted debt: long-term debt less junior subordinated debt less available cash and cash equivalents
•Net charge-off ratio*: annualized net charge-offs / average net receivables
•Net leverage: net adjusted debt / adjusted capital
•Opex ratio: annualized C&I operating expenses / average managed receivables
•Origination volume: loans originated during the period, including those originated and sold to our whole loan sale partners that we continue to service
•Other net revenue: other revenues less insurance policy benefits and claims expense
•Personal loans: loans secured by automobiles, other collateral or are unsecured and offered through our branch network, central operations, or digital platform
•Pretax capital generation: C&I pretax adjusted net income less change in C&I allowance for finance receivable losses
•Purchase volume: credit card purchase transactions plus cash advances less returns
•Return on assets (ROA): annualized net income / average total assets
•Return on receivables (C&I ROR): annualized C&I adjusted net income / C&I average net receivables
•Total revenue: C&I interest income plus C&I total other revenue
•Unencumbered receivables: unencumbered unpaid principal balance of consumer loans and credit cards. For precompute personal loans, unpaid principal balance is the gross contractual payments less the unaccreted balance of unearned finance charges. Credit card receivables include those in the trust that exceed the minimum for securing advances under credit card variable funding note facilities, which the Company can remove from the trust under the terms of such facilities, and exclude interest, fees, and closed accounts with balances
*
Fiscal year 2024 adjusted for policy alignment associated with the Foursight acquisition.
13




OneMain Holdings, Inc.

Investor Contact:
Peter R. Poillon, 212-359-2432
peter.poillon@omf.com

Media Contact:
Maggie Gage, 202-538-9660
maggie.gage@omf.com
Source: OneMain Holdings, Inc.
14

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