OppFi Inc. (NYSE:OPFI) reported financial results for the third quarter ended September 30, 2026, via an earnings press release filed on October 28, 2026, disclosing a new Line of Credit product launch, a share repurchase, and updated full-year guidance.

Key Highlights

  • Total revenue declined 3.8%: OppFi reported total revenue of $149,230 thousand for Q3 2026, compared with $155,089 thousand in Q3 2025.
  • Net income fell 54.6%: Net income for the quarter was $34,479 thousand, down from $75,933 thousand in the prior-year period.
  • Diluted EPS was $0.40: GAAP diluted EPS for Q3 2026 was $0.40, versus $0.77 in Q3 2025, a decline of 47.6%.
  • New Line of Credit product launched: The company disclosed the launch of a new Line of Credit product, described as "a significant milestone in the expansion of OppFi's product suite."
  • Share repurchases totaled $6.7 million in Q3: OppFi repurchased $6.7 million of common stock during the third quarter; year-to-date through September 30, 2026, the company repurchased $17.9 million of Class A common stock at an average price of $8.91 per share.
  • Net charge-offs rose: Net charge-offs as a percentage of total revenue were 40.1% in Q3 2026, up from 35.1% in Q3 2025.
  • Full-year 2026 guidance refined: The company updated its full-year 2026 outlook to total revenue between $600 million and $610 million, and adjusted EPS between $1.34 and $1.40 based on an approximate weighted average diluted share count of 86 million shares.

OppFi's Q3 2026 Results: Revenue Pressure, Product Expansion, and Refined Guidance

According to the filing, OppFi reported total revenue of $149,230 thousand for the three months ended September 30, 2026, a decrease of 3.8% from $155,089 thousand in the same period of 2025. Net income attributable to OppFi Inc. was $34,479 thousand for the quarter, compared with $41,635 thousand a year earlier, representing a decline of 17.2%. On a non-GAAP basis, adjusted net income was $31,559 thousand, down 22.5% year over year. Basic EPS was $0.41 and diluted EPS was $0.40 for the quarter, the company disclosed.

For the nine months ended September 30, 2026, OppFi reported total revenue of $446,281 thousand, up 1.9% from $437,800 thousand in the prior-year period. Net income attributable to OppFi Inc. for the nine-month period was $77,722 thousand, compared with $9,483 thousand for the same period in 2025, a change of 719.6%, according to the filing. Total net originations for the nine months were $617,360 thousand, down 7.7% from $669,150 thousand a year ago. Ending receivables stood at $458,631 thousand as of September 30, 2026, down 4.7% from $481,037 thousand at the same date in 2025.

The company disclosed the launch of a new Line of Credit product and noted continued progress in migrating to its LOLA platform. CEO and Executive Chairman Todd Schwartz stated in the filing that "the strategic transformation of OppFi continued to gain momentum during the third quarter." OppFi also refined its full-year 2026 guidance, targeting total revenue between $600 million and $610 million and adjusted EPS between $1.34 and $1.40. The company noted that a reconciliation of projected adjusted figures to GAAP measures was not included because it "is unable to predict with reasonable certainty the amount or timing of non-GAAP adjustments."

What Was Disclosed

OppFi filed Q3 2026 earnings results covering the three and nine months ended September 30, 2026, disclosing revenue, net income, per-share figures, origination and charge-off metrics, a new Line of Credit product launch, share repurchase activity, and updated full-year 2026 financial guidance.