OppFi, Inc. Reports Record Quarterly Performance and Raises FY25 Guidance
OppFi, Inc. (NYSE: OPFI) showcases a strong second quarter in 2025 with record revenues and adjusted net income, alongside improved credit quality and raised full-year guidance, signaling robust financial health and operational efficiency.
OppFi, Inc. (NYSE: OPFI) has demonstrated significant financial growth in the second quarter of 2025, with Stonegate Capital Partners highlighting the company's record revenue, adjusted net income, and earnings per share (EPS). The financial technology platform reported revenues of $142.4 million, adjusted net income of $39.4 million, and adjusted EPS of $0.45, outperforming consensus estimates and marking a year-over-year increase. This performance underscores OppFi's ability to leverage algorithmic credit decisioning and expense discipline to expand its net income margin by 810 basis points to 27.7%.
The company's liquidity and balance sheet remain robust, with $78.3 million in cash and restricted cash at the end of the quarter. OppFi's strategic financial management, including the repayment of its corporate term loan and the upsizing of its revolving credit facility by $50.0 million, reflects its commitment to maintaining a strong financial position. Additionally, the generation of $64.0 million in free cash flow during the first half of 2025 enabled a $28.1 million special dividend, showcasing OppFi's ability to reward shareholders while investing in growth.
Originations saw a 14% year-over-year increase to $233.9 million, driven by strong refinancing activity and demand from returning customers. The auto-approval rate rose to 80%, indicating improvements in automation and risk stratification through OppFi’s Model 6 platform. Credit quality improvements were evident, with the net charge-off rate declining to 31.9% of total revenue, a decrease from the previous year, and portfolio yield reaching a company record of 136%.
In light of these achievements, OppFi has raised its full-year 2025 revenue guidance to $578–$605 million and adjusted net income guidance to $125–$130 million. The adjusted EPS forecast has also been increased to $1.39–$1.44. Stonegate Capital Partners' valuation of OppFi, based on a P/E multiple range of 9.0x to 11.0x, suggests a promising outlook for the company's stock. For more details on OppFi's performance and Stonegate Capital Partners' analysis, visit https://www.stonegateinc.com.