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Side-by-side financial comparison of Fat Brands, Inc (FAT) and Oportun Financial Corp (OPRT). Click either name above to swap in a different company.
Oportun Financial Corp is the larger business by last-quarter revenue ($247.7M vs $140.0M, roughly 1.8× Fat Brands, Inc). Oportun Financial Corp runs the higher net margin — 1.4% vs -41.6%, a 43.0% gap on every dollar of revenue. On growth, Oportun Financial Corp posted the faster year-over-year revenue change (-1.3% vs -2.3%). Over the past eight quarters, Oportun Financial Corp's revenue compounded faster (-0.5% CAGR vs -6.1%).
FAT Brands Inc. is an American multi-brand restaurant and sports bar franchise operator headquartered in Beverly Hills, California.
Oportun Financial Corp is a US-based fintech firm that provides accessible, responsible financial services including personal loans, credit cards, and savings products to underserved low-to-moderate income consumers, many with limited or no credit history, leveraging proprietary AI underwriting to deliver fair terms while mitigating operational risk.
FAT vs OPRT — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $140.0M | $247.7M |
| Net Profit | $-58.2M | $3.4M |
| Gross Margin | — | — |
| Operating Margin | -12.4% | 2.6% |
| Net Margin | -41.6% | 1.4% |
| Revenue YoY | -2.3% | -1.3% |
| Net Profit YoY | -30.1% | -61.0% |
| EPS (diluted) | $-3.39 | $0.07 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $247.7M | ||
| Q3 25 | $140.0M | $238.7M | ||
| Q2 25 | $146.8M | $234.3M | ||
| Q1 25 | $142.0M | $235.9M | ||
| Q4 24 | $145.3M | $250.9M | ||
| Q3 24 | $143.4M | $250.0M | ||
| Q2 24 | $152.0M | $250.4M | ||
| Q1 24 | $152.0M | $250.5M |
| Q4 25 | — | $3.4M | ||
| Q3 25 | $-58.2M | $5.2M | ||
| Q2 25 | $-54.2M | $6.9M | ||
| Q1 25 | $-46.0M | $9.8M | ||
| Q4 24 | $-67.4M | $8.7M | ||
| Q3 24 | $-44.8M | $-30.0M | ||
| Q2 24 | $-39.4M | $-31.0M | ||
| Q1 24 | $-38.3M | $-26.4M |
| Q4 25 | — | 2.6% | ||
| Q3 25 | -12.4% | 6.0% | ||
| Q2 25 | -10.6% | 4.3% | ||
| Q1 25 | -6.0% | 5.6% | ||
| Q4 24 | -27.1% | 89.6% | ||
| Q3 24 | -6.2% | -15.8% | ||
| Q2 24 | -1.8% | -19.6% | ||
| Q1 24 | -0.9% | -12.2% |
| Q4 25 | — | 1.4% | ||
| Q3 25 | -41.6% | 2.2% | ||
| Q2 25 | -36.9% | 2.9% | ||
| Q1 25 | -32.4% | 4.1% | ||
| Q4 24 | -46.4% | 200.1% | ||
| Q3 24 | -31.2% | -12.0% | ||
| Q2 24 | -25.9% | -12.4% | ||
| Q1 24 | -25.2% | -10.6% |
| Q4 25 | — | $0.07 | ||
| Q3 25 | $-3.39 | $0.11 | ||
| Q2 25 | $-3.17 | $0.14 | ||
| Q1 25 | $-2.73 | $0.21 | ||
| Q4 24 | $-4.06 | $0.26 | ||
| Q3 24 | $-2.74 | $-0.75 | ||
| Q2 24 | $-2.43 | $-0.78 | ||
| Q1 24 | $-2.37 | $-0.68 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $105.5M |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $-585.8M | $390.1M |
| Total Assets | $1.2B | $3.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $105.5M | ||
| Q3 25 | — | $104.6M | ||
| Q2 25 | — | $96.8M | ||
| Q1 25 | — | $78.5M | ||
| Q4 24 | — | $60.0M | ||
| Q3 24 | — | $71.8M | ||
| Q2 24 | — | $72.9M | ||
| Q1 24 | — | $69.2M |
| Q4 25 | — | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
| Q4 25 | — | $390.1M | ||
| Q3 25 | $-585.8M | $383.9M | ||
| Q2 25 | $-536.5M | $376.0M | ||
| Q1 25 | $-493.9M | $366.1M | ||
| Q4 24 | $-455.7M | $353.8M | ||
| Q3 24 | $-386.1M | $327.6M | ||
| Q2 24 | $-338.6M | $354.1M | ||
| Q1 24 | $-296.8M | $382.0M |
| Q4 25 | — | $3.3B | ||
| Q3 25 | $1.2B | $3.2B | ||
| Q2 25 | $1.2B | $3.2B | ||
| Q1 25 | $1.3B | $3.2B | ||
| Q4 24 | $1.3B | $3.2B | ||
| Q3 24 | $1.3B | $3.3B | ||
| Q2 24 | $1.4B | $3.3B | ||
| Q1 24 | $1.4B | $3.3B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-14.5M | $413.4M |
| Free Cash FlowOCF − Capex | $-16.9M | — |
| FCF MarginFCF / Revenue | -12.1% | — |
| Capex IntensityCapex / Revenue | 1.7% | — |
| Cash ConversionOCF / Net Profit | — | 121.45× |
| TTM Free Cash FlowTrailing 4 quarters | $-75.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $413.4M | ||
| Q3 25 | $-14.5M | $99.0M | ||
| Q2 25 | $-26.9M | $104.5M | ||
| Q1 25 | $-13.2M | $101.0M | ||
| Q4 24 | $-10.4M | $393.5M | ||
| Q3 24 | $-3.2M | $108.5M | ||
| Q2 24 | $-14.2M | $107.7M | ||
| Q1 24 | $-28.4M | $85.9M |
| Q4 25 | — | — | ||
| Q3 25 | $-16.9M | — | ||
| Q2 25 | $-29.3M | — | ||
| Q1 25 | $-17.8M | — | ||
| Q4 24 | $-11.0M | — | ||
| Q3 24 | $-11.1M | — | ||
| Q2 24 | $-24.4M | — | ||
| Q1 24 | $-32.5M | — |
| Q4 25 | — | — | ||
| Q3 25 | -12.1% | — | ||
| Q2 25 | -20.0% | — | ||
| Q1 25 | -12.5% | — | ||
| Q4 24 | -7.6% | — | ||
| Q3 24 | -7.7% | — | ||
| Q2 24 | -16.1% | — | ||
| Q1 24 | -21.4% | — |
| Q4 25 | — | — | ||
| Q3 25 | 1.7% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 3.2% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 5.5% | — | ||
| Q2 24 | 6.7% | — | ||
| Q1 24 | 2.7% | — |
| Q4 25 | — | 121.45× | ||
| Q3 25 | — | 19.05× | ||
| Q2 25 | — | 15.20× | ||
| Q1 25 | — | 10.34× | ||
| Q4 24 | — | 45.04× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FAT
| Restaurant Sales | $96.6M | 69% |
| Royalty | $21.6M | 15% |
| Factory | $9.6M | 7% |
| Advertising | $9.1M | 7% |
| Franchisor | $1.5M | 1% |
| Other | $1.5M | 1% |
OPRT
Segment breakdown not available.
