---
schema_version: "secwatch.filing_event.v1"
accession: "0001818502-22-000012"
form_type: "8-K"
ticker: "OPFI"
cik: "0001818502"
company_name: "OppFi Inc."
filed_at: "2022-08-10T23:59:59+00:00"
generated_at: "2026-06-24T01:32:17.636431+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# OppFi reports Q2 revenue up 38% to $107.9M, but net income drops 47%; cuts FY guidance to break-even

## Summary
- Revenue $107.9M (+37.6% YoY); net income $9.5M (-47.2%); adjusted EBITDA $20.0M (-38%).
- Net originations $226.2M (+57%); ending receivables $401.5M (+54%); annualized net charge-offs 51% vs 28% YoY.
- Marketing cost per new funded loan down to $206 from $245; auto-approval rate 62% vs 51%.
- Reaffirms FY22 revenue growth 20-25%, but now expects break-even to modest adjusted net loss due to inflation/credit.
- Repurchased 333K shares for $1.1M in Q2; withdrew prior guidance for other metrics.

## SEC filing metadata
- accession: 0001818502-22-000012
- form_type: 8-K
- ticker: OPFI
- cik: 0001818502
- company_name: OppFi Inc.
- filed_at: 2022-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818502/000181850222000012/0001818502-22-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818502/000181850222000012/opfi-20220809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818502-22-000012
- JSON: https://secwatch.observer/filing/0001818502-22-000012.json
- Plain text: https://secwatch.observer/filing/0001818502-22-000012.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.