OppFi Inc.
For the period ended Dec 31, 2025. Filed Mar 12, 2026.
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FY2025 · Filed Mar 12, 2026
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 Balance Sheets as of December 31, 202 and
Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Cash(1) | $49,451 | $61,344 |
| Restricted cash(1) | 43,812 | 26,944 |
| Total cash and restricted cash | 93,263 | 88,288 |
| Finance receivables at fair value(1) | 546,236 | 473,696 |
| Settlement receivable(1) | — | 2,036 |
| Equity method investment | 19,076 | 19,194 |
| Debt issuance costs, net(1) | 5,034 | 2,730 |
| Property, equipment and software, net | 27,628 | 13,676 |
| Operating lease right-of-use assets | 8,834 | 10,583 |
| Deferred tax asset | 32,647 | 21,340 |
| Other assets(1) | 21,372 | 9,628 |
| Total assets | $754,090 | $641,171 |
| Liabilities and stockholders’ equity | ||
| Liabilities: | ||
| Accounts payable | $2,773 | $879 |
| Accrued expenses(1) | 43,398 | 32,411 |
| Operating lease liabilities | 11,424 | 13,294 |
| Senior debt, net(1) | 321,353 | 318,758 |
| Warrant liabilities | 26,455 | 15,108 |
| Tax receivable agreement liability | 39,811 | 26,508 |
| Total liabilities | 445,214 | 406,958 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value (1,000,000 shares authorized with no shares issued and outstanding as of December 31, 2025 and 2024) | — | — |
| Class A common stock, $0.0001 par value (379,000,000 shares authorized with 30,552,601 shares issued and 27,272,028 shares outstanding as of December 31, 2025 and 23,774,639 shares issued and 22,036,015 shares outstanding as of December 31, 2024) | 3 | 2 |
| Class B common stock, $0.0001 par value (6,000,000 shares authorized with no shares issued and outstanding as of December 31, 2025 and 2024) | — | — |
| Class V voting stock, $0.0001 par value (115,000,000 shares authorized with 58,698,241 and 64,189,434 shares issued and outstanding as of December 31, 2025 and 2024, respectively) | 6 | 7 |
| Additional paid-in capital | 113,508 | 93,903 |
| Accumulated deficit | (33,505) | (55,127) |
| Treasury stock, at cost (3,280,573 and 1,738,624 shares as of December 31, 2025 and 2024, respectively) | (21,528) | (6,011) |
| Total OppFi Inc.’s stockholders’ equity | 58,484 | 32,774 |
| Noncontrolling interest | 250,392 | 201,439 |
| Total stockholders’ equity | 308,876 | 234,213 |
| Total liabilities and stockholders’ equity | $754,090 | $641,171 |
| (1) Includes amounts in consolidated variable interest entities (“VIEs”) presented separately in the table below. | ||
| Continued on next page | ||
Consolidated Balance Sheets - Continued
| The following table summarizes the consolidated assets and liabilities of VIEs, which are included in the Consolidated Balance Sheets. The assets below may only be used to settle obligations of VIEs and are in excess of those obligations. | ||
|---|---|---|
| December 31, | ||
| 2025 | 2024 | |
| Assets of consolidated VIEs, included in total assets above | ||
| Cash | $242 | $235 |
| Restricted cash | 30,097 | 16,872 |
| Total cash and restricted cash | 30,339 | 17,107 |
| Finance receivables at fair value | 462,656 | 416,859 |
| Settlement receivable | — | 2,036 |
| Debt issuance costs, net | 5,034 | 2,730 |
| Other assets | 61 | 11 |
| Total assets | $498,090 | $438,743 |
| Liabilities of consolidated VIEs, included in total liabilities above | ||
| Accrued expenses | $3,373 | $3,191 |
| Senior debt, net | 321,353 | 288,828 |
| Total liabilities | $324,726 | $292,019 |
| See notes to consolidated financial statements. | ||
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