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OPFI

OppFi Inc.

OPFI

OppFi Inc. • NYSE
$9.90 ▲ 1.43% (+0.14)
Market Cap $864.33 M
52w High $17.73
52w Low $6.65
Dividend Yield 0.12%
P/E 141.43
Volume 264.89K
Outstanding Shares 87.31M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $155.089M ▲ $82.052M ▲ $41.635M ▲ 26.846% ▲ $45.73 ▲ $100.11M ▲
Q2-2025 $142.443M ▲ $70.242M ▼ $-20.78M ▼ -14.588% ▼ $-0.78 ▼ $88.507M ▼
Q1-2025 $140.268M ▲ $73.751M ▼ $-11.372M ▼ -8.107% ▼ $-0.48 ▼ $93.71M ▲
Q4-2024 $135.723M ▼ $85.574M ▲ $-5.609M ▼ -4.133% ▼ $-0.26 ▼ $81.696M ▼
Q3-2024 $136.593M $76.413M $4.264M 3.122% $0.21 $82.797M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $45.45M ▲ $720.615M ▲ $443.361M ▼ $49.423M ▲
Q2-2025 $45.227M ▼ $673.375M ▲ $455.67M ▲ $13.351M ▼
Q1-2025 $57.954M ▼ $640.072M ▼ $403.308M ▼ $22.55M ▼
Q4-2024 $61.344M ▲ $641.171M ▲ $406.958M ▲ $32.774M ▼
Q3-2024 $44.838M $619.266M $398.96M $34.888M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $75.933M ▲ $105.124M ▲ $-102.858M ▼ $-5.338M ▲ $-3.072M ▲ $99.938M ▲
Q2-2025 $11.48M ▼ $95.617M ▲ $-81.32M ▼ $-26.8M ▲ $-12.503M ▼ $90.977M ▲
Q1-2025 $20.39M ▲ $83.74M ▼ $-34.241M ▲ $-47.019M ▼ $2.48M ▼ $79.35M ▼
Q4-2024 $13.973M ▼ $94.507M ▲ $-72.835M ▲ $-7.617M ▼ $14.055M ▲ $90.104M ▲
Q3-2024 $61.261M $77.567M $-93.263M $9.092M $-6.604M $73.681M

Revenue by Products

Product Q1-2025
Reportable Segment
Reportable Segment
 $90.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been climbing steadily over the last several years, showing that OppFi is successfully growing its lending platform. Gross profit has risen along with sales, and operating results have moved from a small loss a few years ago to solidly positive territory more recently. Profitability, however, is still slim at the bottom line, with net income fluctuating and not consistently matching the strength seen in operating and cash flow metrics. The business looks fundamentally sound from a revenue and operating margin standpoint, but the translation into steady, robust earnings per share has been uneven, partly reflecting SPAC-related noise and a still‑evolving business model.

Balance Sheet

Balance Sheet The asset base has been growing at a measured pace, consistent with a lending business that is expanding but not aggressively stretching. Debt makes up a meaningful share of the capital structure, and cash on hand is modest, which is typical for specialty finance but does increase sensitivity to funding conditions. Equity has moved from slightly negative to positive, which is an encouraging sign, yet it remains thin relative to total assets. Overall, the balance sheet appears functional but leveraged, leaving limited room for large shocks in credit quality or regulation without careful capital management.

Cash Flow

Cash Flow OppFi’s cash flow profile is a key strength. The company has consistently generated healthy cash from operations, and because its capital spending needs are light, most of that cash drops through to free cash flow. This pattern suggests that the core business model converts revenue into cash efficiently, even in years when reported earnings are modest. Strong free cash flow gives management flexibility to support growth, manage debt, and invest in new products, though sustainability will still depend on credit performance and funding access over time.

Competitive Edge

Competitive Edge OppFi occupies a focused niche: providing credit to underbanked and subprime consumers who are often overlooked by traditional banks. Its use of AI‑driven underwriting and alternative data gives it a way to price and manage risk in this difficult segment better than many conventional lenders. The bank partnership model helps extend its geographic reach and limits how much of each loan it must keep on its own balance sheet, which can reduce capital intensity. At the same time, the company operates in a heavily scrutinized part of consumer finance, facing regulatory, reputational, and competitive pressures from other fintechs, neobanks, and traditional lenders pushing further down the credit spectrum.

Innovation and R&D

Innovation and R&D Innovation is centered on OppFi’s proprietary technology platform, particularly its AI‑based underwriting models and automation tools. The company is steadily increasing auto‑approval rates and investing in new systems, such as the upcoming “LOLA” loan origination application, to streamline customer onboarding and reduce costs. Product development is also active: OppFi is expanding beyond core installment loans into employer‑linked products, a branded credit card, and potential offerings like overdraft protection, savings, and buy‑now‑pay‑later. Most of this “R&D” is applied, customer‑facing innovation rather than traditional lab research, and its value will depend on how well the company balances growth with credit risk and compliance.

Summary

OppFi looks like a maturing fintech lender with a clear mission to serve underbanked consumers and a technology‑driven underwriting engine at its core. Financially, it has delivered steady revenue growth, improving operating performance, and consistently strong cash generation, offset by thin net margins, a leveraged balance sheet, and limited equity cushion. Strategically, its AI underwriting, bank partnerships, and specialized product set create a differentiated position in a challenging but sizable market. The main opportunities lie in expanding its financial‑wellness ecosystem and deepening relationships with its customer base, while the main risks center on credit quality, regulation, funding costs, and the inherent volatility of lending to higher‑risk borrowers.

NEWS

November 6, 2025 · 4:30 PM UTC

OppFi to present at Stephens Investment Conference

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October 30, 2025 · 10:11 AM UTC

Stonegate Capital Partners Updates 3Q25 Report on OppFi, Inc. (OPFI)

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October 29, 2025 · 7:00 AM UTC

OppFi Reports Record Quarterly Revenue, Net Income, and Adjusted Net Income and Increases Full Year Guidance

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October 7, 2025 · 7:00 AM UTC

OppFi Announces its Third Quarter 2025 Earnings Conference Call

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October 2, 2025 · 7:00 AM UTC

OppFi Announces New $150 Million Revolving Credit Facility

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