Filing Flows › OppFi (OPFI) › Q3 2025
OppFi (OPFI) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
OppFi (OPFI) reported revenue of $105M for the third quarter 2025 (Q3 2025), +15% from a year earlier and +4% from the quarter before. Operating margin was 46.3%, net earnings $41.6M (39.8% of revenue).
OppFi, Q3 2025: revenue $105M (+15% year over year), operating margin 46.3%, net earnings $41.6M, operating cash flow $105M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $105M | +4% | +15% |
| Operating profit | $48.4M | +8% | +38% |
| Net earnings | $41.6M | — | +876% |
| Operating cash flow | $105M | +10% | +36% |
| Free cash flow | $99.9M | +10% | +36% |
What changed
Revenue was $104.6M in Q3 2025, up 15% year over year and up 4% from the previous quarter.
Operating profit was $48.4M, a 46.3% margin (up 7.8 points year over year). Of the extra revenue versus a year earlier, 100% reached operating profit, above the 38% margin then. Total costs grew 0% against revenue growth of 15%. Net earnings were $41.6M, up 876% year over year. The effective tax rate was 6.9%. Non-operating items added $33.1M, 41% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $105.1M (up 36% year over year), 138% of net income including minority interests. Non-cash charges added back $1.1M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $26.1M. Capital expenditures of $5.2M left free cash flow of $99.9M.
Questions
What was OppFi's revenue in the third quarter 2025?
OppFi (OPFI) reported revenue of $105M for the third quarter 2025 (Q3 2025), +15% from a year earlier and +4% from the quarter before.
Was OppFi profitable in the third quarter 2025?
Operating profit was $48.4M (46.3% of revenue) and net earnings $41.6M.
Source: OppFi 10-Q on SEC EDGAR.