OppFi OPFI Unrecognized Tax Benefits
Unrecognized Tax Benefits at other companies
Other financials
Where this comes from
Reported directly by OppFi in its filing.
Tagged under the XBRL concept us-gaap:UnrecognizedTaxBenefits.
The source filing: OppFi’s 10-Q, filed May 7, 2026.
- Filed
- May 7, 2026, 5:23 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001818502-26-000056
As of March 31, 2026 and December 31, 2025, OppFi recorded an unrecognized tax benefit of $0.1 million and $0.2 million, respectively, related to research and development credits allocated from OppFi-LLC. ASC 740, Income Taxes, prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no amounts accrued for the payment of interest and penalties as of March 31, 2026 and December 31, 2025. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviations from its position. The Company is subject to income tax examinations by major taxing authorities since inception.
Item 1. Financial Statements (Unaudited)
FAQ
- What is OppFi's unrecognized tax benefits?
- OppFi (OPFI) reported unrecognized tax benefits of $100K in Q1 2026.
- How has OppFi's unrecognized tax benefits changed year-over-year?
- OppFi's unrecognized tax benefits decreased by 0.0% year-over-year, from $100K to $100K.
- What does unrecognized tax benefits mean?
- This represents the amount of tax benefits from uncertain tax positions that have not been recognized in the financial statements because they do not meet the 'more-likely-than-not' threshold. It reflects the company's exposure to potential tax audits and disputes with tax authorities. This is a key indicator of tax-related legal and financial risk.
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