OPFI (OPFI) financial statements
OPFI reported revenue of $381M in fiscal 2025, up 22.1% a year over 6 years.
Net income was $26M and the operating margin 43.7%, against 28.7% in 2019.
Free cash flow was $382M, and the company returned $6M in dividends and $16M in net buybacks.
The diluted share count fell 69% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from OPFI's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $115M | $200M | $264M | $217M | $273M | $321M | $381M |
| Selling, general and admin | $19M | $28M | $66M | $70M | $64M | $64M | $67M |
| Operating income | $33M | $78M | $57M | -$6M | $46M | $95M | $167M |
| Interest expense | $20M | $19M | $22M | $33M | — | — | — |
| Pre-tax income | $33M | $78M | $90M | $3M | $42M | $88M | $156M |
| Income tax | $0 | $0 | $311,000 | -$277,000 | $2M | $4M | $10M |
| Net income | $33M | $78M | $26M | $7M | -$1M | $7M | $26M |
| EPS (diluted) | $0.00 | $0.00 | $0.48 | $0.05 | -$0.06 | $0.36 | $0.99 |
| Diluted shares | 0M | 0M | 84M | 84M | 16M | 20M | 27M |
| Operating margin | 28.7% | 38.7% | 21.7% | -2.9% | 17.0% | 29.4% | 43.7% |
| Net margin | 28.7% | 38.7% | 9.7% | 3.3% | -0.4% | 2.3% | 6.9% |
Balance sheet
Fiscal years, from OPFI's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $36M | $26M | $25M | $16M | $32M | $61M | $49M |
| Total current assets | — | $1M | — | — | — | — | — |
| Property, plant and equipment | — | $11M | $15M | $14M | $10M | $14M | $28M |
| Total assets | — | $286M | $502M | $580M | $602M | $641M | $754M |
| Total current liabilities | — | $135,648 | — | — | — | — | — |
| Total liabilities | — | $187M | $344M | $421M | $408M | $407M | $445M |
| Shareholders' equity | — | $5M | -$9M | -$494,000 | $10M | $33M | $58M |
| Net debt | -$36M | -$26M | -$25M | -$16M | -$32M | -$61M | -$49M |
Cash flow
Fiscal years, from OPFI's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $149M | $192M | $167M | $243M | $296M | $324M | $401M |
| Capital spending | $7M | $11M | $14M | $13M | $9M | $13M | $19M |
| Free cash flow | $142M | $181M | $153M | $230M | $287M | $311M | $382M |
| Stock-based compensation | $66,000 | $144,000 | $3M | $3M | $4M | $5M | $10M |
| Dividends paid | — | — | — | $0 | $0 | $2M | $6M |
| Share buybacks (net) | — | $0 | $0 | -$2M | $0 | -$4M | -$16M |
| Free cash flow margin | 123.9% | 90.6% | 58.0% | 106.0% | 105.1% | 96.7% | 100.3% |
| Dividends per share | — | — | — | — | — | $0.12 | $0.24 |
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Open OPFI in InvestinglyQuestions
What was OPFI's revenue in 2025?
$381M in fiscal 2025, from its 10-K filing.
How much free cash flow does OPFI generate?
$382M in fiscal 2025 (operating cash flow minus capital spending).
From OPFI's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.