OppFi Inc
NYSE:OPFI
OppFi Inc
OppFi, Inc. operates as financial technology platform that powers banks to offer lending products to consumers. The company is headquartered in Chicago, Illinois and currently employs 573 full-time employees. The company went IPO on 2020-09-30. The Company’s products include OppLoans, SalaryTap and OppFi Card. The Company’s OppLoans platform facilitates credit access to consumers, through its bank partners. SalaryTap platform offers payroll-linked credit, which helps organizations to provide credit access to their employees. Its OppFi Card is a same-day access credit card.
OppFi, Inc. operates as financial technology platform that powers banks to offer lending products to consumers. The company is headquartered in Chicago, Illinois and currently employs 573 full-time employees. The company went IPO on 2020-09-30. The Company’s products include OppLoans, SalaryTap and OppFi Card. The Company’s OppLoans platform facilitates credit access to consumers, through its bank partners. SalaryTap platform offers payroll-linked credit, which helps organizations to provide credit access to their employees. Its OppFi Card is a same-day access credit card.
Record results: Total revenue for 2025 increased 13.5% YoY to $597 million and adjusted net income rose materially (adjusted net income for the year $140 million vs $83 million in 2024).
Q4 strength: Q4 revenue was $159 million, up 17% YoY; adjusted net income for Q4 was $26 million and adjusted EPS was $0.30, both record quarterly results.
Credit performance: Management called out higher delinquencies on summer vintages but said loans resolve quickly given short duration; net charge-offs rose in Q4 to 45% of revenue (59% of receivables) but full‑year metrics improved vs 2024.
Model roadmap: Model 6 has driven better pricing and originations; Model 6.1 is planned for H1 2026 and Model 7.0 for Q3 2026 to further improve originations and risk segmentation.
LOLA & new product: Core platform migration (LOLA) is substantially complete and expected to materially migrate in Q3 2026; a new line-of-credit product is targeted to launch summer 2026.
Capital allocation: Strong cash generation and funding capacity; company repurchased 515,000 shares for $5 million in Q4 and outlined a menu of capital uses (buybacks, debt paydown, M&A, tech investment).
2026 outlook: Management guided 2026 revenue of $650 million–$675 million and adjusted net income of $153 million–$160 million (adj EPS $1.76–$1.84), implying mid-to-high single-digit to low double-digit growth.
Macro vigilance: Management is watching inflation-driven cost pressures (e.g., gasoline) and monitors early repayment indicators daily; will tighten targeting/pricing as needed.
