Triumph Financial, Inc. reported results for the second quarter of 2026 with revenue of $146M and diluted EPS of $0.44, reflecting year-over-year growth in top-line receipts and a substantial rise in net income versus Q2 2025.
Financial Highlights
- Revenue was $146.0M, compared with $128.6M in the prior-year quarter; YoY change 13.5%.
- Net income available to common stockholders was $10.6M, compared with $3.6M in the prior-year quarter; YoY change 192.2%.
- Diluted EPS was $0.44, compared with $0.15 in the prior-year quarter; YoY change 193.3%.
Business Highlights
- Revenue growth and mix shift: Transportation revenue rose about 31% YoY driven by factoring (up ~30%) and payments (up ~30%), helped by stronger freight pricing and volumes.
- Channel and product shift: The company is moving from capital-intensive lending toward a fee-focused payments network following the HubTran acquisition, increasing network transaction volume.
- Factoring momentum: Factored receivables are up 46% year-to-date, with larger average invoice sizes and higher yields concentrated in transportation (97% of factored receivables).
- Payments adoption: Payments processed grew 34% quarter-over-quarter to $13.5B in Q2, with LoadPay launched and scaling, contributing to fee revenue growth.
- Intelligence expansion: A new Intelligence segment (Greenscreens, Isometric) was launched to monetize logistics data and add recurring fee revenue and product insights.
Original SEC Filing:
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