OppFi (OPFI-WT) Operating Expenses (2020 - 2026)
OppFi (OPFI-WT) posted quarterly Operating Expenses of $51.9 million for Q1 2026, up 7.49% YoY from $48.3 million in Q1 2025, and down 4.94% sequentially from $54.6 million in Q4 2025.
OppFi (OPFI-WT) Operating Expenses (2020 - 2026) Analysis & Trends
OppFi has disclosed Operating Expenses across 7 years of filings, most recently posting $51.9 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 7.49% year-over-year to $51.9 million; the TTM figure through Mar 2026 stood at $218.1 million (changed 0.36% YoY), while the FY2025 annual figure was $214.5 million, down 5.48% from the prior year.
- Operating Expenses eased to $51.9 million in Q1 2026, from $54.6 million in the prior quarter.
- Over the last five years, Operating Expenses for OPFI-WT reached as high as $60.1 million in Q3 2023 and fell as low as $48.3 million in Q1 2025.
- The 5-year median for Operating Expenses is $56.1 million (2025), against an average of $55.5 million.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 41.12% — and 2025, when it decreased 16.59%.
- A 5-year view of Operating Expenses shows it stood at $58.1 million in 2022, then decreased by 1.77% to $57.0 million in 2023, then declined by 1.57% to $56.1 million in 2024, then retreated by 2.69% to $54.6 million in 2025, then declined by 4.94% to $51.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $51.9 million, $54.6 million, and $56.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 4.00 Bn |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 3.49 Bn |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 13.88 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 6.87 Bn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 950.34 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 891.92 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 1.24 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 422.90 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | -363.39 Mn |
| 10 | OppFi | 1.07 Mn | 204.53 Mn | 76.91 Mn | 51.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 51.94 Mn |
| Dec 31, 2025 | 54.64 Mn |
| Sep 30, 2025 | 56.11 Mn |
| Jun 30, 2025 | 55.44 Mn |
| Mar 31, 2025 | 48.32 Mn |
| Dec 31, 2024 | 56.15 Mn |
| Sep 30, 2024 | 56.07 Mn |
| Jun 30, 2024 | 56.79 Mn |
| Mar 31, 2024 | 57.93 Mn |
| Dec 31, 2023 | 57.04 Mn |
| Sep 30, 2023 | 60.09 Mn |
| Jun 30, 2023 | 56.24 Mn |
| Mar 31, 2023 | 53.46 Mn |
| Dec 31, 2022 | 58.07 Mn |
| Sep 30, 2022 | 53.60 Mn |
| Jun 30, 2022 | 58.75 Mn |
| Mar 31, 2022 | 52.89 Mn |
| Dec 31, 2021 | 58.51 Mn |
| Sep 30, 2021 | 61.38 Mn |
| Jun 30, 2021 | 49.05 Mn |