OppFi (NYSE:OPFI) Releases Earnings Results, Beats Expectations By $0.01 EPS

OppFi (NYSE:OPFI) issued its quarterly earnings results on Wednesday. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01, FiscalAI reports. OppFi had a net margin of 15.62% and a return on equity of 26.61%. The company had revenue of $92.75 million during the quarter, compared to the consensus estimate of $152.10 million.

Here are the key takeaways from OppFi’s conference call:

• Third-quarter results weakened year over year: revenue fell 3.8% to $149 million, originations declined 7% to $229 million, and adjusted net income decreased 23% to approximately $32 million. Net charge-offs also increased, although management said credit performance remains broadly stable and highlighted stronger recoveries.
• OppFi lowered the top end of its 2026 outlook, now forecasting revenue of $600 million–$610 million, adjusted net income of $115 million–$120 million, and adjusted EPS of $1.34–$1.40. Management attributed weaker volumes largely to tighter marketing-partner screening criteria and ongoing pressure from inflation and subdued consumer sentiment.
• The company launched its new line-of-credit product in the third quarter and expects to scale it across additional geographies and marketing channels, viewing it as a significant growth lever for 2027. Management is also evaluating an earned-wage-access product that could expand both customer reach and marketing opportunities.
• OppFi expects to launch Model 7 in the fourth quarter, with early testing showing a 20% improvement in matching marketing prescreen scores with bank underwriting criteria; management expects this to improve offer accuracy and conversion rates. The company also reported that substantially all new installment customers now use its LOLA platform.
• BNCCORP shareholders overwhelmingly approved the proposed acquisition, leaving regulatory approval as the remaining major step; OppFi continues to target completion by year-end or potentially early 2027. The company also began repurchasing shares under its $40 million authorization and ended the quarter with approximately $141 million in cash and restricted cash plus $199 million of unused debt capacity.

OppFi Price Performance

NYSE:OPFI traded down $0.20 during trading hours on Friday, reaching $5.66. The company’s stock had a trading volume of 530,784 shares, compared to its average volume of 690,919. OppFi has a one year low of $5.36 and a one year high of $11.69. The business’s 50-day moving average is $6.47 and its 200-day moving average is $8.25. The company has a market cap of $481.95 million, a price-to-earnings ratio of 3.70 and a beta of 1.78.

Insider Transactions at OppFi

In other OppFi news, CFO Pamela D. Johnson sold 8,650 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $8.02, for a total value of $69,373.00. Following the completion of the transaction, the chief financial officer directly owned 151,039 shares of the company’s stock, valued at approximately $1,211,332.78. The trade was a 5.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Christopher J. Mckay sold 77,850 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $7.18, for a total transaction of $558,963.00. Following the sale, the insider directly owned 1,431,479 shares of the company’s stock, valued at approximately $10,278,019.22. This trade represents a 5.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have purchased 130,640 shares of company stock worth $936,475 and have sold 114,985 shares worth $832,289. 70.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

OPFI has been the topic of a number of analyst reports. Piper Sandler lowered shares of OppFi to a “neutral” rating in a research report on Wednesday, August 26th. Wall Street Zen cut OppFi from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Zacks Research upgraded OppFi from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. Citizens Jmp restated a “market outperform” rating and issued a $11.00 target price on shares of OppFi in a report on Wednesday, August 26th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of OppFi in a research note on Thursday, October 15th. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $10.50.

Trending Headlines about OppFi

Here are the key news stories impacting OppFi this week:

• Positive Sentiment: OppFi reported third-quarter adjusted earnings of $0.37 per share, slightly ahead of analysts’ $0.36 consensus. The company also delivered a 15.62% net margin and 26.61% return on equity, highlighting continued profitability. OppFi Q3 2026 Earnings Call Transcript
• Neutral Sentiment: Northland Securities’ updated forecasts still imply significant future earnings growth, with projected EPS of $2.00 for fiscal 2027 and $2.60 for fiscal 2028. However, these figures were reduced from $2.15 and $2.65, respectively, limiting the positive read-through.
• Negative Sentiment: Northland cut estimates across nearly every reported period. Forecasts were reduced for Q4 2026 EPS to $0.28 from $0.38, fiscal 2026 EPS to $1.34 from $1.38, Q1 2027 EPS to $0.38 from $0.46, and Q2 2027 EPS to $0.44 from $0.49. Estimates for Q4 2027, Q1–Q3 2028, and fiscal 2028 were also trimmed modestly.
• Negative Sentiment: The quarterly earnings beat was overshadowed by revenue of $92.75 million, well below the $152.10 million analyst estimate. The combination of weaker-than-expected revenue and reduced near-term earnings expectations is likely weighing on sentiment toward OPFI, whose shares have moved closer to their 12-month low. OppFi Q3 2026 Earnings Call Transcript

OppFi Company Profile

OppFi Inc is a financial technology company that provides access to credit for consumers who may have limited or impaired credit histories. Through its digital platform, the company offers personal installment loans and related financial products designed to provide borrowers with a structured repayment schedule and access to funds for everyday financial needs.

OppFi’s primary brand, OppLoans, uses technology and data-driven underwriting to deliver financial services online. The company has also offered products such as the OppFi Card and other credit-building or cash-flow management solutions, subject to availability and applicable regulatory requirements.