OppFi Achieves Record Revenue and Adjusted Earnings in Second Quarter 2025

OppFi Reports Record Revenue and Earnings

In a recent announcement, OppFi Inc. (NYSE: OPFI) reported impressive financial results for the second quarter ended June 30, 2025. The company experienced a notable increase in total revenue, which rose by 12.8% year-over-year to a record $142.4 million. Additionally, adjusted net income soared by 59% compared to the previous year, marking a company record at $39.4 million. These achievements can be attributed to operational improvements, a rigorous credit model, and enhanced customer satisfaction.

Despite the good news on revenue and adjusted earnings, GAAP net income fell 58.5% year-over-year to $11.5 million. This decline comes as the company faces challenges in specific areas, including losses attributable to noncontrolling interests, which accounted for a significant portion of the decrease in reported net income.

The average yield for the quarter also demonstrated positive growth, climbing 130 basis points year-over-year to 136.1%, another company high. Encouragingly, the net charge-off rate decreased by 60 basis points year-over-year to 31.9%, underscoring better credit risk management practices and an improved lending environment.

In light of these results, OppFi has adjusted its full-year revenue guidance for 2025, increasing it to a range between $578 million and $605 million, up from the previously estimated $563 million to $594 million. The adjusted net income guidance has likewise been raised, with expectations now between $125 million and $130 million, reflecting a significant increase from earlier estimates of $106 million to $113 million.

Todd Schwartz, CEO and Executive Chairman of OppFi, attributed these advancements to their tech-enabled approach in collaboration with banks, providing accessible financial products and services to underserved individuals. He noted, “The significant improvements we’ve made in operations and credit have delivered another record quarter. Model 6 has continued to drive incremental origination growth while maintaining our risk standards.”

Customer satisfaction metrics have also returned positive results, with an impressive net promoter score (NPS) of 79 as of this quarter. Schwartz highlighted that the rise in auto-approval rates further demonstrates the company’s capability in efficiently serving customers while managing risk effectively.

Looking ahead, OppFi maintains a strong commitment to fostering sustainable growth within the digital finance sector. They are focused on their long-term strategy to empower consumers who typically find themselves outside the traditional banking system. As of June 30, 2025, the company reported $45.2 million in unrestricted cash and a significant unused debt capacity of $219.1 million under its financing facilities, which provides ample funding capacity for future initiatives.

This positive trajectory positions OppFi as a frontrunner in the digital financial services sector, and shareholders and potential investors are eagerly watching as the company continues to expand its footprint and innovate in consumer lending. OppFi will hold a conference call to discuss these results and the company’s outlook, expressing their commitment to improving financial health for everyday Americans. For additional updates and details, visit oppfi.com.