OppFi Shatters Records, Sets Stage for Double-Digit Growth in 2026
OppFi, a leading technology-enabled platform facilitating essential credit access and community services to everyday American-owned businesses, has just released its Q4 2025 earnings report. And what a report it is! The company shattered records across the board, achieving a 13.5% year-over-year increase in total revenue and a staggering 69% jump in adjusted net income.
"We're thrilled to see another year of record-breaking performance at OppFi," said Todd Schwartz, Executive Chairman and CEO. "Our continued investment in underwriting Model 6 has allowed us to better identify riskier borrowers and price risk across segments, driving strong unit economics despite higher delinquencies on our summer vintages."
One key highlight from the quarter was the company's auto-approval rate, which reached an impressive 79% in Q4. This enabled more customers to be approved without human interaction, leading to a notable 8% year-over-year increase in originations.
OppFi also made significant strides in its ongoing efforts to improve and expand its origination and servicing system, Lola. With the building and test phase complete, the company is now actively finishing up the QA phase of the project and plans to substantially migrate to the new software system in Q3 2026.
The implications for customers are huge – with early indicators suggesting that Lola will help improve funnel metrics, increase automated approvals, enhance efficiency in servicing and recoveries, better integrate major systems, deliver reduced cycle times, and provide greater throughput for OppFi's product, tech, and risk teams. It's clear that the company is committed to delivering a more seamless and efficient experience for its customers.
And if all this weren't enough, OppFi has just announced plans to launch a new line of credit product with its bank partners in the summer of 2026. This exciting development promises not only to serve as another high-quality credit access option for customers in the states where the company operates but also enable OppFi to serve new geographies.
As Pam Johnson, CFO, noted during the Q4 earnings call, "We achieved another record year, and we finished with a strong fourth quarter, generating revenues of $159 million, an impressive 17% increase over Q4 2024."
OppFi's performance in 2025 was indeed remarkable – and the company is set to build on this momentum in 2026. With a strong foundation of performance and a clear vision for future growth, OppFi looks poised to deliver another year of potentially double-digit revenue and earnings growth.
