---
schema_version: "secwatch.filing_event.v1"
accession: "0001818502-23-000006"
form_type: "8-K"
ticker: "OPFI"
cik: "0001818502"
company_name: "OppFi Inc."
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T04:37:36.797877+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OppFi Q1 revenue up 20% to $120.4M, net income $3.9M; raises FY earnings outlook

## Summary
- Total revenue $120.4M (+20% YoY); net income $3.9M vs loss of $0.3M in Q1 2022.
- Adjusted net income $4.4M (+584% YoY); adjusted EPS $0.05.
- Ending receivables $370.2M (+9% YoY); credit metrics improved sequentially.
- Marketing cost per new funded loan down 9% YoY.
- Raised full-year adjusted net income and adjusted EPS guidance.

## SEC filing metadata
- accession: 0001818502-23-000006
- form_type: 8-K
- ticker: OPFI
- cik: 0001818502
- company_name: OppFi Inc.
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818502/000181850223000006/0001818502-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818502/000181850223000006/opfi-20230511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818502-23-000006
- JSON: https://secwatch.observer/filing/0001818502-23-000006.json
- Plain text: https://secwatch.observer/filing/0001818502-23-000006.txt

## Key facts
- Earnings Releases
  OppFi Inc. reported first quarter ended March 31, 2023 results: revenue $ 120,374, net income $ 3,930, EPS $0.02. Guidance raised.
  - Period: first quarter ended March 31, 2023
  - Revenue: $ 120,374
  - Net income: $ 3,930
  - EPS: $0.02
  - Guidance: raised
  - Result: reported results
  source text: the three months ended March 31, 2023 and 2022. (in thousands, except per share data) Unaudited Three Months Ended March 31, Change 2023 2022 % Total revenue $ 120,374 $ 100,710 19.5% Net income (loss) $ 3,930 $ (297) (1423.2)% Adjusted net income(1) $ 4,435 $ 648 584.4% Adjusted EBITDA(1) $ 20,116 $ 11,303 78.0% Basic EPS
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818502/000181850223000006/0001818502-23-000006-index.htm

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