OppFi’s Q4 EPS Tops Estimates at $0.30 as Originations Soar 48%
OppFi reported Q4 EPS of $0.30, a 7.1% beat, on revenue of $159.25 million, up from $135.72 million year-over-year. Implementation of Underwriting Model 6 drove a 48% increase in originations, lifted auto-approval to 79%, and risk-based pricing alongside cost discipline reduced funding costs and operating expenses.
1. Q4 Financial Performance
OppFi reported Q4 2025 earnings of $0.30 per share, a 7.14% surprise, on revenue of $159.25 million, a 17.3% increase year-over-year, while revenue narrowly trailed estimates by 0.31%. Margin improvements and strong EPS offset the slight revenue shortfall versus expectations.
2. Underwriting Model 6 Drives Loan Growth
The rollout of Underwriting Model 6 enabled enhanced risk-based pricing and larger loan sizes for creditworthy segments, lifting originations by 48% year-over-year. Auto-approval rates climbed to 79%, reducing manual underwriting and supporting higher throughput.
3. Efficiency and Risk Management
Rapid adjustments to underwriting and pricing curbed delinquencies following a consumer sentiment drop. Strategic cost discipline and optimized credit facilities lowered interest expense and non-interest operating costs as a percentage of revenue, bolstering unit economics.