OppFi Q3 EPS Beats, but Revenue Falls 3.8% and Guidance Top End Is Cut
OPFI is trading near its 52-week low of $5.36 (8.8% above the low).
Summary
OppFi beat Q3 EPS estimates ($0.37 adjusted vs ~$0.34), but revenue fell 3.8% and charge-offs rose, prompting a cut to the top end of full-year guidance.
Key Events · Earnings and Guidance · OPFI
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Q3 EPS Beat, Revenue Miss
Adjusted EPS came in at $0.37 and GAAP diluted EPS at $0.40, on total revenue of $149.2M, down 3.8% year over year.
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Credit Losses Deteriorate
Net charge-offs rose to 40.1% of total revenue from 35.1%, and to 52.6% annualized of average receivables from 46.7%; originations fell 6.8% to $229.3M.
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Guidance Top End Cut
Full-year 2026 guidance now stands at $600-610M revenue, $115-120M adjusted net income and $1.34-1.40 adjusted EPS, with top ends reduced from $625M, $130M and $1.51.
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Buybacks and Liquidity
The company repurchased $6.7M of stock in Q3 and $17.9M year-to-date at an average of $8.91 per share; unrestricted cash was $102.7M with $198.5M undrawn debt capacity.
Analysis · OPFI · Finance
OppFi beat on the bottom line, with adjusted EPS of $0.37 versus roughly $0.34 expected, but the quality of the quarter is weaker than the headline suggests. Revenue fell 3.8% to $149.2M as receivables shrank, net charge-offs climbed to 40.1% of revenue from 35.1%, and originations dropped 6.8%. Management trimmed the top end of full-year guidance to $600-610M revenue and $1.34-1.40 adjusted EPS, down from $625M and $1.51. The stock's reaction hinges on whether credit losses are peaking; the 53% annualized charge-off rate on receivables is the number that matters most heading into the BNCCORP bank acquisition close.
How filings like this one have moved
In the 30 days to Oct 28, 2026, 30.5% of the 1494 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.03%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, OPFI was trading at $5.83 on NYSE in the Finance sector, with a market capitalization of approximately $464.4M. The 52-week trading range was $5.36 to $11.69. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.