v3.26.1
Borrower Loans and Notes, at Fair Value
 6 Months Ended
Jun. 30, 2026
Entity Information [Line Items]  
Borrower Loans and Notes, at Fair Value Borrower Loans and Notes, at Fair Value
The aggregate principal balances outstanding and fair values of Borrower Loans and Notes, at Fair Value as of June 30, 2026 and December 31, 2025, are presented in the following table (in thousands):
Borrower LoansNotes
June 30, 2026December 31, 2025June 30, 2026December 31, 2025
Aggregate principal balance and interest outstanding$270,738 $324,505 $233,817 $256,929 
Fair value adjustments(12,533)(14,768)(12,747)(13,029)
Fair value$258,205 $309,737 $221,070 $243,900 
Borrower Loans
As of June 30, 2026, outstanding Borrower Loans had original terms to maturity of 24, 36, 48 or 60 months, had monthly payments with fixed interest rates ranging from 6.30% to 33.00%, and had various original maturity dates through June 2031. As of December 31, 2025, outstanding Borrower Loans had original terms to maturity of 24, 36, 48 or 60 months, had monthly payments with fixed interest rates ranging from 6.00% to 33.00%, and had various original maturity dates through December 2030.
As of June 30, 2026, Borrower Loans that were 90 days or more delinquent had an aggregate principal amount of $1.9 million and a fair value of $0.3 million. As of December 31, 2025, Borrower Loans that were 90 days or more delinquent had an aggregate principal amount of $2.9 million and a fair value of $0.6 million. Prosper places loans on non-accrual status when they are over 120 days past due. As of June 30, 2026 and December 31, 2025, Borrower Loans in non-accrual status had a fair value of $0.3 million and $0.4 million, respectively.
Prosper Funding LLC  
Entity Information [Line Items]  
Borrower Loans and Notes, at Fair Value Borrower Loans and Notes, at Fair Value
The aggregate principal balances outstanding and fair values of Borrower Loans and Notes as of June 30, 2026 and December 31, 2025, are presented in the following table (in thousands):
Borrower LoansNotes
June 30, 2026December 31, 2025June 30, 2026December 31, 2025
Aggregate principal balance outstanding and interest outstanding$232,661 $255,132 $233,817 $256,929 
Fair value adjustments(9,895)(9,795)(12,747)(13,029)
Fair value$222,766 $245,337 $221,070 $243,900 
 
As of June 30, 2026, outstanding Borrower Loans had original terms to maturity of 24, 36, 48 or 60 months, had monthly payments with fixed interest rates ranging from 6.30% to 33.00% and had various original maturity dates through June 2031. As of December 31, 2025, outstanding Borrower Loans had original maturities of either 24, 36, 48 or 60 months, monthly payments with fixed interest rates ranging from 6.00% to 33.00% and had various original maturity dates through December 2030.
As of June 30, 2026, Borrower Loans that were 90 days or more delinquent had an aggregate principal amount of $1.6 million and a fair value of $0.3 million. As of December 31, 2025, Borrower Loans that were 90 days or more delinquent had an aggregate principal amount of $2.2 million and a fair value of $0.4 million. PFL places loans on non-accrual status when they are over 120 days past due. As of June 30, 2026 and December 31, 2025, Borrower Loans in non-accrual status had a fair value of $0.3 million and $0.3 million, respectively.