Slide 1: Q1 2026 Earnings Presentation
Q1 2026 Earnings Presentation May 7, 2026
Slide 2: Disclaimer
Disclaimer This presentation (the “Presentation”) of OppFi Inc. (“OppFi” or the “Company”) is for information purposes only. Certain information contained herein has been derived from sources prepared by third parties. While such information is believed to be reliable for the purposes used herein, t
Slide 3: Q1 2026 Earnings Highlights
Q1 2026 Earnings Highlights : 1 Net Income of $54.0 million, an increase of Adjusted Net Income of $30.0 million2, a 165% year over year, and Net Income margin of decrease of 11.2% year over year, and Adjusted 35.6%, up from 14.5% Net Income margin of 19.8%1, down from 24.1% Total Expenses as a perc
Slide 4: At-A-Glance
Mission-driven Platform Providing best-in-class products and customer service with a 75 NPS Score1 Significant Economic Scale Facilitated more than $8.9 billion in gross loan issuance covering over 4.8 million loans, since inception2 At-A-Glance Profitable Across Business Cycles 11 consecutive years
Slide 5: Selected Customer Testimonials
Results Selected Customer Testimonials Outstanding Customer Satisfaction “They are amazing!!! Great customer service! Tons of knowledge, and willing to 75 Net Promoter Score (NPS) help. Easy application process! Fast funding!! And Great Customer Service!!! I will recommend, and personally use again!
Slide 6: Financial Highlights
Financial Highlights
Slide 7: Q1 2026 Financial Highlights
Q1 2026 Financial Highlights Healthy Adjusted Net Income generation impacted by expected increase in defaults $54.0M Net Income $34 $0.38 $28.4M -11% $0.35 -9% Net Income Attributable to $30 OppFi Inc. $30.0M Adj. Net Income1 $1.06 Basic EPS $9 $0.10 $0.56 Diluted EPS Q1 2024 Q1 2025 Q1 2026 Q1 2024
Slide 8: Q1 2026 Performance
Q1 2026 Performance: Improvement in Both Total Revenue and Operating Expense Margin $152 47.9% 45.5% $140 +8% 42.5% $127 +790bps 34.4% 34.2% 34.6% -20bps Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 Total Revenue1 ($M) Net Charge-Off Rate2 Operating Expense Margin Total re
Slide 9: Q1 2026 Key Performance Indicators
Q1 2026 Key Performance Indicators UNAUDITED QUARTER ENDED • Total net originations decreased 7% year over year as a result of lower ($ in millions) 3/31/2025 3/31/2026 net originations from refinance customers, as the prior year period benefited from changes to our credit model that increased the m
Slide 10: Free Cash Flow Generation & Capital Allocation Optionality
Free Cash Flow Generation ($M)1 Free Cash Flow $69M of Free Cash Flow generated in Q1 2026 Generation & Capital $69.3 Allocation Optionality $49.5 2026 Key Liquidity and Capital Allocation Highlights • $9.9M in share repurchases at an average price of $9.54 (Q1-26) Q1 2025 Q1 2026 • On April 15, Opp
Slide 11: Full Year 2026 Earnings Guidance
Full Year 2026 Earnings Guidance Total Revenue Adjusted Net Income1 Adjusted EPS1,2 $650M $153M $1.76 to to to $675M $160M $1.84 Up 9% - 13% Up 9% - 14% Up 11% - 16% YoY YoY YoY 1. Adjusted Net Income and Adjusted EPS are non-GAAP financial measures. See the disclaimer on “Non-GAAP Financial Measure
Slide 12: Appendix
Appendix
Slide 13: Income Statement
Income Statement (in Thousands, except share and per share data) Three Months Ended March 31, Variance (Unaudited) 2026 2025 $ % Revenue: Interest on finance receivables $ 150,526 $ 139,118 $ 11,408 8.2% Other revenue 1,355 1,150 205 17.8% 151,881 140,268 11,613 8.3% Change in fair value of finance
Slide 14: Condensed Balance Sheet
Condensed Balance Sheet March 31, December 31, Variance (in Thousands) 2026 2025 $ % Unaudited Assets Cash and restricted cash $ 99,920 $ 93,263 $ 6,657 7.1% Finance receivables at fair value 502,558 546,236 (43,678) (8.0%) Equity method investment 19,145 19,076 69 0.4% Other assets 98,364 95,515 2,
Slide 15: Condensed Cash Flow Statement
Condensed Cash Flow Statement (in Thousands) Three Months Ended March 31, Variance (Unaudited) 2026 2025 $ % Net cash provided by operating activities $ 90,779 $ 83,740 $ 7,039 8.4% Net cash used in investing activities (21,436) (34,241) 12,805 (37.4%) Net cash used in financing activities (62,686)
Slide 16: Adjusted Net Income Reconciliation
Adjusted Net Income Reconciliation (in Thousands, except share and per share data) Three Months Ended March 31, Variance (Unaudited) 2026 2025 $ % Net income $ 54,038 $ 20,390 $ 33,648 165.0% Income tax expense 3,971 1,651 2,320 140.5% Other income (232) (80) (152) 191.1% Change in fair value of war
Slide 17: Adjusted Earnings per Share Reconciliation
Adjusted Earnings per Share Reconciliation Three Months Ended March 31, (Unaudited) 2026 2025 Weighted average Class A common stock outstanding 26,778,432 23,691,769 Weighted average Class V voting stock outstanding 58,694,615 62,698,935 Dilutive impact of restricted stock units 556,584 1,341,739 Di
Slide 18: Free Cash Flow Reconciliation
Free Cash Flow Reconciliation (in Thousands) Three Months Ended March 31, Variance (Unaudited) 2026 2025 $ % Net cash provided by operating activities $ 90,779 $ 83,740 $ 7,039 8.4% Less: Net cash used in investing activities (21,436) (34,241) 12,805 (37.4%) 1 Free cash flow $ 69,343 $ 49,499 $ 19,8
Slide 19: Thank You
Thank You