OppFi, Inc. Reports Strong 2Q25 Performance with Record Revenue and Adjusted Net Income

OppFi, Inc. (NYSE: OPFI) has reported a notable performance for the second quarter of 2025, with revenue, adjusted net income, and adjusted EPS reaching $142.4M, $39.4M, and $0.45, respectively. This performance surpassed consensus estimates, showcasing the company's robust growth trajectory. The net revenue margin expanded to 70.4%, a significant increase from the previous year, driven by record total revenue and higher receivables and portfolio yield.

Despite a decrease in net income due to a non-cash warrant revaluation, the adjusted net income saw a 59.0% increase year-over-year, setting a new quarterly record for the company. The adjusted net income margin also expanded significantly, underpinned by algorithmic credit decisioning, expense discipline, and improving credit quality. OppFi's liquidity and balance sheet remained strong, with $78.3M in cash and restricted cash at the end of the quarter, and a total funding capacity of $603.3M.

Originations saw a 14% year-over-year increase to $233.9M, with retained net originations growing by 9% to $205.7M. The auto-approval rate improved to 80%, reflecting advancements in automation and risk stratification through OppFi’s Model 6 platform. Credit quality improvements were evident, with the net charge-off rate declining and portfolio yield reaching a new company record of 136%.

In light of these results, OppFi has raised its FY25 revenue guidance to $578–$605M and adjusted net income guidance to $125–$130M. The company's valuation, based on a P/E multiple range of 9.0x to 11.0x, suggests a promising outlook for investors. For more details on OppFi's performance and future prospects, visit https://www.oppfi.com.