OppFi Inc.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 6, 2025
OPFI$6.03-2.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
Consolidated Statements of Operations (Unaudited)
(in thousands, except share and per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue: | ||||
| Interest and loan related income | $153,706 | $135,535 | $433,968 | $386,890 |
| Other revenue | 1,383 | 1,058 | 3,832 | 3,350 |
| 155,089 | 136,593 | 437,800 | 390,240 | |
| Change in fair value of finance receivables | (50,532) | (45,425) | (142,187) | (149,546) |
| Provision for credit losses on finance receivables | — | (3) | — | (34) |
| Net revenue | 104,557 | 91,165 | 295,613 | 240,660 |
| Expenses: | ||||
| Salaries and employee benefits | 14,513 | 13,803 | 46,045 | 46,028 |
| Direct marketing costs | 14,514 | 13,570 | 36,692 | 35,890 |
| Interest expense and amortized debt issuance costs | 10,079 | 11,285 | 29,965 | 33,679 |
| Professional fees | 6,100 | 5,714 | 15,091 | 15,993 |
| Technology costs | 3,131 | 3,041 | 9,474 | 9,062 |
| Payment processing fees | 1,712 | 1,725 | 4,869 | 5,487 |
| Depreciation and amortization | 1,133 | 2,280 | 4,395 | 7,495 |
| Occupancy | 1,030 | 1,005 | 3,099 | 2,989 |
| Exit costs, net | — | 61 | (1,449) | 2,946 |
| General, administrative and other | 3,900 | 3,589 | 11,687 | 11,228 |
| Total expenses | 56,112 | 56,073 | 159,868 | 170,797 |
| Income from operations | 48,445 | 35,092 | 135,745 | 69,863 |
| Other income (expense): | ||||
| Change in fair value of warrant liabilities | 31,688 | (1,445) | (23,223) | 2,750 |
| Income from equity method investment | 1,365 | 627 | 3,562 | 627 |
| Other income | 82 | 80 | 241 | 239 |
| Income before income taxes | 81,580 | 34,354 | 116,325 | 73,479 |
| Income tax expense | 5,647 | 2,297 | 8,522 | 3,615 |
| Net income | 75,933 | 32,057 | 107,803 | 69,864 |
| Less: net income attributable to noncontrolling interest | 34,298 | 27,793 | 98,320 | 56,997 |
| Net income attributable to OppFi Inc. | $41,635 | $4,264 | $9,483 | $12,867 |
| Earnings per common share attributable to OppFi Inc.: | ||||
| Earnings per common share: | ||||
| Basic | $1.48 | $0.21 | $0.36 | $0.65 |
| Diluted | $0.77 | $0.21 | $0.36 | $0.65 |
| Weighted average common shares outstanding: | ||||
| Basic | 28,163,404 | 20,248,004 | 26,168,321 | 19,711,752 |
| Diluted | 88,236,591 | 20,248,004 | 26,168,321 | 20,460,396 |
| See notes to consolidated financial statements. | ||||
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