For the quarter ending 2026-03-31, OPFI had $6,657K increase in cash & cash equivalents over the period. $85,632K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 54,038 | 38,444 | 75,933 | 31,870 |
| Change in fair value of finance receivables | -64,583 | -73,681 | -50,532 | -91,655 |
| Provision for credit losses on finance receivables | - | 0 | 0 | 0 |
| Depreciation and amortization | 591 | 764 | 1,133 | 3,262 |
| Debt issuance cost amortization | 605 | 616 | 870 | 1,687 |
| Stock-based compensation expense | 1,669 | 1,708 | 1,928 | 6,352 |
| Loss on disposition of equipment | 0 | 0 | 0 | -2 |
| Lower of cost or market adjustment on transfer of finance receivables from held for sale to held for investment | - | 0 | - | - |
| Impairment of right of use asset | 0 | 0 | 0 | 155 |
| Deferred income taxes | 467 | 484 | 3,090 | 1,328 |
| Tax receivable agreement liability adjustment | 146 | -1,072 | -47 | -47 |
| Change in fair value of warrant liabilities | -21,295 | -11,876 | -31,688 | 54,911 |
| Gain on forgiveness of debt | - | 0 | - | - |
| Income from equity method investment | 1,120 | 1,412 | 1,365 | 2,197 |
| Distributions received from equity method investment | 1,051 | 1,224 | 1,051 | 2,817 |
| Noncash litigation expense | - | 4,500 | - | - |
| Accrued interest receivable | 4,616 | -6,470 | 3,271 | 2,916 |
| Settlement receivable | 0 | 0 | -4,037 | 2,001 |
| Operating lease, net | -85 | -84 | -72 | -120 |
| Other assets | 402 | -1,632 | 831 | 4,045 |
| Accounts payable | -929 | -331 | 373 | 1,852 |
| Accrued expenses | -3,632 | -68 | 3,357 | -5,302 |
| Net cash provided by operating activities | 90,779 | 116,824 | 105,124 | 179,357 |
| Finance receivables acquired | 226,088 | 690,674 | 219,532 | 367,739 |
| Finance receivables repayments | 209,799 | 606,186 | 121,860 | 261,208 |
| Purchases of equipment and capitalized technology | 5,147 | 4,897 | 5,186 | 9,030 |
| Acquisition of equity method investment | - | 0 | 0 | - |
| Dividend paid on common stock | - | 0 | 0 | 6,414 |
| Net cash used in investing activities | -21,436 | -89,385 | -102,858 | -115,561 |
| Member distributions | 10,368 | 240 | 10,397 | 47,863 |
| Payments of secured borrowing payable | - | 0 | - | - |
| Borrowings of senior debt - revolving lines of credit | 44,567 | 57,339 | 195,935 | - |
| Payments of senior debt - revolving lines of credit | 81,660 | 56,830 | 163,919 | - |
| Net advances (payments) of senior debt - revolving lines of credit | - | - | - | 17,069 |
| Payments of senior debt - term loan | 0 | 0 | 0 | 30,000 |
| Payments of notes payable | - | 0 | 0 | 0 |
| Payments for debt issuance costs | 61 | 494 | 1,716 | 3,197 |
| Proceeds from employee stock purchase plan | 253 | 0 | 332 | 91 |
| Exercise of warrants | 0 | 1 | 0 | 4 |
| Exercise of stock options | - | 0 | 0 | 1 |
| Payments of tax withholding on vesting of restricted stock units | 877 | 982 | 1,150 | 2,469 |
| Payments on tax receivable agreement liability | 4,595 | 0 | 0 | 1,041 |
| Purchase of treasury stock | 9,945 | 8,163 | 7,354 | 0 |
| Net cash used in financing activities | -62,686 | -9,369 | -5,338 | -73,819 |
| Net increase in cash and restricted cash | 6,657 | 18,070 | -3,072 | -10,023 |
| Beginning | 93,263 | 13,095 | 88,288 | - |
| Ending | 99,920 | 18,070 | 75,193 | - |
OppFi Inc. (OPFI)
OppFi Inc. (OPFI)