OppFi Logs 74% Net Income Growth to $146M on $597M Revenue
OppFi posted record full-year net income of $146.2 million, a 74.4% increase, and adjusted net income of $139.8 million, up 69.1%, on total revenue of $597.1 million, 13.5% higher. In Q4, net income jumped 175.1% to $38.4 million and year-end receivables climbed to $493.1 million.
1. Full-Year Financial Highlights
In the year ended December 31, 2025, OppFi generated $597.05 million in total revenue, up 13.5% year over year, reported net income of $146.25 million, a 74.4% increase, and achieved adjusted net income of $139.76 million, up 69.1%, driving diluted EPS to $0.99.
2. Fourth-Quarter Performance
During Q4, OppFi delivered $159.25 million in revenue, marking a 17.3% gain, net income of $38.44 million, up 175.1%, and adjusted net income of $25.82 million, a 27.2% rise, supported by $0.38 in diluted EPS versus a prior-year loss.
3. Originations and Receivables Growth
Total net originations for 2025 reached $899.27 million, a 12.2% increase, with retained net originations at $791.12 million. Ending receivables rose 15.9% to $493.12 million, net charge-offs improved to 37% of revenue, and the auto-approval rate climbed to 79%.