vs
Side-by-side financial comparison of OppFi Inc. (OPFI) and System1, Inc. (SST). Click either name above to swap in a different company.
OppFi Inc. is the larger business by last-quarter revenue ($85.6M vs $51.9M, roughly 1.6× System1, Inc.). OppFi Inc. runs the higher net margin — 19.7% vs -26.0%, a 45.6% gap on every dollar of revenue. On growth, OppFi Inc. posted the faster year-over-year revenue change (5.9% vs -31.3%). Over the past eight quarters, OppFi Inc.'s revenue compounded faster (16.3% CAGR vs -21.8%).
OppFi Inc. is a US-headquartered financial technology firm that provides responsible, accessible financial solutions including installment loans, credit-building tools and related support services to consumers underserved by traditional banking institutions, prioritizing fair terms to help users boost their long-term financial wellness.
System1 is an American Internet advertising company. Formerly known as OpenMail, it was founded in 2013. It describes itself as operating a "Responsive Acquisition Marketing Platform", and cites privacy as one of its principal foci, although it has been criticized for its influence on privacy-focused properties, including search engine Startpage.com. It is headquartered in Marina del Rey, California.
OPFI vs SST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $85.6M | $51.9M |
| Net Profit | $16.8M | $-13.5M |
| Gross Margin | — | 41.0% |
| Operating Margin | 36.1% | -33.6% |
| Net Margin | 19.7% | -26.0% |
| Revenue YoY | 5.9% | -31.3% |
| Net Profit YoY | 400.3% | 4.8% |
| EPS (diluted) | $1.48 | $-3.58 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $85.6M | $51.9M | ||
| Q3 25 | $104.6M | $61.6M | ||
| Q2 25 | $100.2M | $78.1M | ||
| Q1 25 | $90.8M | $74.5M | ||
| Q4 24 | $80.8M | $75.6M | ||
| Q3 24 | $91.2M | $88.8M | ||
| Q2 24 | $86.3M | $94.6M | ||
| Q1 24 | $63.2M | $84.9M |
| Q4 25 | $16.8M | $-13.5M | ||
| Q3 25 | $41.6M | $-18.5M | ||
| Q2 25 | $-20.8M | $-17.5M | ||
| Q1 25 | $-11.4M | $-15.9M | ||
| Q4 24 | $-5.6M | $-14.2M | ||
| Q3 24 | $4.3M | $-23.6M | ||
| Q2 24 | $3.1M | $-26.4M | ||
| Q1 24 | $5.5M | $-10.5M |
| Q4 25 | — | 41.0% | ||
| Q3 25 | — | 36.9% | ||
| Q2 25 | — | 35.7% | ||
| Q1 25 | — | 38.2% | ||
| Q4 24 | — | 42.1% | ||
| Q3 24 | — | 28.0% | ||
| Q2 24 | — | 27.6% | ||
| Q1 24 | — | 21.9% |
| Q4 25 | 36.1% | -33.6% | ||
| Q3 25 | 46.3% | -25.3% | ||
| Q2 25 | 44.7% | -20.4% | ||
| Q1 25 | 46.8% | -17.6% | ||
| Q4 24 | 30.5% | -15.7% | ||
| Q3 24 | 38.5% | -24.6% | ||
| Q2 24 | 34.2% | -30.8% | ||
| Q1 24 | 8.4% | -30.4% |
| Q4 25 | 19.7% | -26.0% | ||
| Q3 25 | 39.8% | -30.1% | ||
| Q2 25 | -20.7% | -22.4% | ||
| Q1 25 | -12.5% | -21.3% | ||
| Q4 24 | -6.9% | -18.7% | ||
| Q3 24 | 4.7% | -26.6% | ||
| Q2 24 | 3.6% | -27.9% | ||
| Q1 24 | 8.8% | -12.4% |
| Q4 25 | $1.48 | $-3.58 | ||
| Q3 25 | $0.77 | $-2.30 | ||
| Q2 25 | $-0.78 | $-2.23 | ||
| Q1 25 | $-0.48 | $-0.21 | ||
| Q4 24 | $-0.11 | $-3.41 | ||
| Q3 24 | $0.21 | $-3.37 | ||
| Q2 24 | $0.16 | $-3.80 | ||
| Q1 24 | $0.10 | $-0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $49.5M | $86.9M |
| Total DebtLower is stronger | — | $305.1M |
| Stockholders' EquityBook value | $58.5M | $30.5M |
| Total Assets | $754.1M | $405.0M |
| Debt / EquityLower = less leverage | — | 10.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $49.5M | $86.9M | ||
| Q3 25 | $45.5M | $54.6M | ||
| Q2 25 | $45.2M | $63.6M | ||
| Q1 25 | $58.0M | $43.9M | ||
| Q4 24 | $61.3M | $63.6M | ||
| Q3 24 | $44.8M | $69.1M | ||
| Q2 24 | $46.6M | $75.7M | ||
| Q1 24 | $47.2M | $69.9M |
| Q4 25 | — | $305.1M | ||
| Q3 25 | — | $259.2M | ||
| Q2 25 | — | $263.3M | ||
| Q1 25 | — | $267.4M | ||
| Q4 24 | — | $255.1M | ||
| Q3 24 | — | $259.2M | ||
| Q2 24 | — | $263.3M | ||
| Q1 24 | — | $268.6M |
| Q4 25 | $58.5M | $30.5M | ||
| Q3 25 | $49.4M | $42.7M | ||
| Q2 25 | $13.4M | $58.2M | ||
| Q1 25 | $22.6M | $67.2M | ||
| Q4 24 | $32.8M | $80.3M | ||
| Q3 24 | $34.9M | $90.3M | ||
| Q2 24 | $18.6M | $109.4M | ||
| Q1 24 | $18.2M | $131.7M |
| Q4 25 | $754.1M | $405.0M | ||
| Q3 25 | $720.6M | $385.2M | ||
| Q2 25 | $673.4M | $429.2M | ||
| Q1 25 | $640.1M | $419.2M | ||
| Q4 24 | $641.2M | $459.1M | ||
| Q3 24 | $619.3M | $479.3M | ||
| Q2 24 | $573.1M | $511.3M | ||
| Q1 24 | $563.2M | $521.1M |
| Q4 25 | — | 10.01× | ||
| Q3 25 | — | 6.07× | ||
| Q2 25 | — | 4.53× | ||
| Q1 25 | — | 3.98× | ||
| Q4 24 | — | 3.18× | ||
| Q3 24 | — | 2.87× | ||
| Q2 24 | — | 2.41× | ||
| Q1 24 | — | 2.04× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $401.3M | $-10.6M |
| Free Cash FlowOCF − Capex | $382.2M | — |
| FCF MarginFCF / Revenue | 446.6% | — |
| Capex IntensityCapex / Revenue | 22.3% | 0.0% |
| Cash ConversionOCF / Net Profit | 23.82× | — |
| TTM Free Cash FlowTrailing 4 quarters | $652.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $401.3M | $-10.6M | ||
| Q3 25 | $105.1M | $-2.1M | ||
| Q2 25 | $95.6M | $24.5M | ||
| Q1 25 | $83.7M | $-15.9M | ||
| Q4 24 | $323.8M | $772.0K | ||
| Q3 24 | $77.6M | $-5.0K | ||
| Q2 24 | $77.3M | $10.0M | ||
| Q1 24 | $74.4M | $-16.0M |
| Q4 25 | $382.2M | — | ||
| Q3 25 | $99.9M | — | ||
| Q2 25 | $91.0M | — | ||
| Q1 25 | $79.3M | $-16.0M | ||
| Q4 24 | $310.8M | — | ||
| Q3 24 | $73.7M | $-36.0K | ||
| Q2 24 | $74.7M | — | ||
| Q1 24 | $72.3M | — |
| Q4 25 | 446.6% | — | ||
| Q3 25 | 95.6% | — | ||
| Q2 25 | 90.8% | — | ||
| Q1 25 | 87.4% | -21.5% | ||
| Q4 24 | 384.6% | — | ||
| Q3 24 | 80.8% | -0.0% | ||
| Q2 24 | 86.6% | — | ||
| Q1 24 | 114.4% | — |
| Q4 25 | 22.3% | 0.0% | ||
| Q3 25 | 5.0% | 0.0% | ||
| Q2 25 | 4.6% | 0.0% | ||
| Q1 25 | 4.8% | 0.1% | ||
| Q4 24 | 16.1% | 0.0% | ||
| Q3 24 | 4.3% | 0.0% | ||
| Q2 24 | 3.0% | 0.0% | ||
| Q1 24 | 3.4% | 0.0% |
| Q4 25 | 23.82× | — | ||
| Q3 25 | 2.52× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 18.19× | — | ||
| Q2 24 | 25.21× | — | ||
| Q1 24 | 13.44× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
