Stonegate Capital Partners has updated its coverage on OppFi, Inc. (NYSE: OPFI), following the company's strong fiscal year 2025 performance. OppFi reported record revenue of $597.1 million, adjusted net income of $139.8 million, and adjusted EPS of $1.59, representing year-over-year increases of 13.5%, 69.1%, and $0.64, respectively. GAAP net income rose 74.4% to $146.2 million. These results were driven by the continued rollout of Model 6, broader application of risk-based pricing, and disciplined operating practices that improved unit economics and margin conversion.
Management also returned capital to shareholders, repurchasing $15.5 million of shares at an average price of $10.04, with $20.9 million remaining under the existing authorization. The company's capital flexibility improved meaningfully, supported by strong free cash flow, ample liquidity, and lower funding costs. Stonegate highlighted that FY25 marked a significant step forward in profitability, underwriting, and capital return capacity.
Looking ahead, OppFi's FY26 guidance suggests continued momentum, with management expecting solid growth. Recent credit pressure appears to be temporary rather than structural, according to the analysis. The full announcement, including downloadable images and bios, is available here.
Stonegate Capital Partners is a capital markets advisory firm offering investor relations, equity research, and institutional investor outreach services. Its affiliate, Stonegate Capital Markets (member FINRA), provides investment banking, equity research, and capital raising for public and private companies.
