Filing Flows › OppFi (OPFI) › Q1 2025
OppFi (OPFI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
OppFi (OPFI) reported revenue of $90.8M for the first quarter 2025 (Q1 2025), +44% from a year earlier and +12% from the quarter before. Operating margin was 46.8%, net earnings $20.4M (22.5% of revenue).
OppFi, Q1 2025: revenue $90.8M (+44% year over year), operating margin 46.8%, net earnings $20.4M, operating cash flow $83.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $90.8M | +12% | +44% |
| Operating profit | $42.5M | +72% | +704% |
| Net earnings | $20.4M | +46% | +101% |
| Operating cash flow | $83.7M | -11% | +13% |
| Free cash flow | $79.3M | -12% | +10% |
What changed
Revenue was $90.8M in Q1 2025, up 44% year over year and up 12% from the previous quarter.
Operating profit was $42.5M, a 46.8% margin (up 38.4 points year over year). Of the extra revenue versus a year earlier, 135% reached operating profit, above the 8% margin then. Total costs fell 17% while revenue rose 44%. Net earnings were −$11.4M. The effective tax rate was 7.5%.
Operating cash flow was $83.7M (up 13% year over year), 411% of net income including minority interests. Non-cash charges added back $1.8M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $60.3M. Capital expenditures of $4.4M left free cash flow of $79.3M.
Questions
What was OppFi's revenue in the first quarter 2025?
OppFi (OPFI) reported revenue of $90.8M for the first quarter 2025 (Q1 2025), +44% from a year earlier and +12% from the quarter before.
Was OppFi profitable in the first quarter 2025?
Operating profit was $42.5M (46.8% of revenue) and net earnings $20.4M.
Source: OppFi 10-Q on SEC EDGAR.