Quarterly ResultMay 7, 2026, 04:29 PM
Atlanticus Q1 Revenue $679.6M, Net Income $44.6M, EPS $2.80
AI Summary
Atlanticus Holdings Corp reported strong financial results for the first quarter of 2026. The company's total revenue and other income surged by 96.8% to $679.6 million, while net income increased by 43.2% to $44.6 million. Basic earnings per share also saw a significant rise of 51.4% to $2.80. Additionally, net cash provided by operating activities more than doubled, reaching $286.3 million.
Key Highlights
- Total revenue and other income increased 96.8% to $679.6 million for Q1 2026.
- Net income rose 43.2% to $44.6 million for the quarter.
- Basic EPS grew 51.4% to $2.80 per common share.
- Net cash provided by operating activities increased 117.6% to $286.3 million.
- Loans at fair value decreased to $6.45 billion from $6.65 billion at year-end 2025.
- Intangible assets, net, were $27.7 million, with $2.6 million amortization in Q1 2026.
- CaaS segment's interchange revenues were $10.8 million for the quarter.