OPFI

MKT CAP:$752M

OppFi Inc.

Market Cap

$752M

Technology·Software - Application·🇺🇸 United States·NYSE

Technology·Software App·🇺🇸·NYSE

Stock Price

$8.50-$1.80 (-17.48%)

Apr 21, 2026

Company Details

OppFi Inc. operates a financial technology platform that allows banks to offer lending products. Its platform facilitates the OppLoan, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi C...

CEO

Todd G. Schwartz

IPO Date

Nov 20, 2020

Website

www.oppfi.com

Key Metrics TTM

Revenue

$382M

— YoY

Net Income

$64M

EPS (Diluted)

$4.62

Free Cash Flow

$197M

Revenue / Share

$19.91

Gross Margin

80.5%

Operating Margin

16.7%

Net Margin

16.8%

FCF Margin

51.4%

P/S

2.0x

P/E

11.7x

Earnings Reports

Q2 2024

May 7, 2026

PENDING

Q1 2024

May 9, 2024

$127MEPS $0.10

FY 2023

Mar 27, 2024

$509MEPS -$0.06

Q2 2021

Aug 10, 2021

$78M+75.2%EPS $1.39

Q1 2021

May 12, 2021

$84M+113.6%EPS $1.88

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 20	$39M	$39M	$22M
Q2 20	$45M	$45M	$25M
Q3 20	$63M	$54M	$19M
Q4 20	$92M	$74M	$16M
Q1 21	$84M	$70M	$24M
Q2 21	$78M	$64M	$18M
Q1 24	$127M	$100M	$5M

Valuation

Quarter	P/S	P/E
Q1 20	—	—
Q2 20	—	—
Q3 20	—	—
Q4 20	0.6x	1.7x
Q1 21	0.5x	1.5x
Q2 21	0.4x	1.7x
Q1 24	0.1x	0.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 20	$49M	$47M
Q2 20	$50M	$46M
Q3 20	$45M	$42M
Q4 20	$49M	$46M
Q1 21	$45M	$42M
Q2 21	$39M	$36M
Q1 24	$74M	$72M

Capital Expenditures

Quarter	CapEx
Q1 20	$2M
Q2 20	$3M
Q3 20	$2M
Q4 20	$3M
Q1 21	$3M
Q2 21	$4M
Q1 24	$2M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 21	+113.6%	+236.1%
Q2 21	+75.2%	+209.0%
Q1 24	+102.9%	+181.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 20	$0	0.0%
Q2 20	$0	0.0%
Q3 20	$0	0.0%
Q4 20	$144.0K	0.2%
Q1 21	$49.0K	0.1%
Q2 21	$180.0K	0.2%
Q1 24	$1M	0.8%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 20	—	$6M	$2M
Q2 20	$3M	$6M	$804.0K
Q3 20	—	$5M	$2M
Q4 20	—	$6M	$13M
Q1 21	—	$5M	$7M
Q2 21	—	$10M	$11M
Q1 24	—	$10M	$10M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 20	—	0.0%	—
Q2 20	—	0.0%	—
Q3 20	—	40.3%	—
Q4 20	—	24.1%	—
Q1 21	113.6%	36.4%	150.0
Q2 21	75.2%	33.4%	108.6
Q1 24	102.9%	56.6%	159.5

Rule of 40

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$27M	$0	$27M
Q2 22	$23M	$0	$23M
Q3 22	$14M	$0	$14M
Q4 22	$16M	$0	$16M
Q1 23	$32M	$0	$32M
Q2 23	$27M	$0	$27M
Q3 23	$31M	$0	$31M
Q4 23	$32M	$0	$32M
Q1 24	$47M	$0	$47M
Q2 24	$47M	$0	$47M
Q3 24	$45M	$0	$45M
Q4 24	$61M	$0	$61M
Q1 25	$58M	$0	$58M
Q2 25	$45M	$0	$45M
Q3 25	$45M	$0	$45M
Q4 25	$93M	$0	$93M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 20	13M	—	—
Q2 20	13M	0.0%	—
Q3 20	13M	0.0%	—
Q4 20	13M	0.0%	—
Q1 21	13M	0.0%	0.0%
Q2 21	13M	0.0%	0.0%
Q1 24	19M	+48.0%	+48.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 20	—	—
Q2 20	—	—
Q3 20	—	—
Q4 20	$31M	3
Q1 21	$28M	3
Q2 21	$26M	3
Q1 24	$286.2K	445

Revenue / Employee