Quarterly ResultJul 23, 2026, 05:21 PM
Enova Q2 Net Income $105.1M, Revenue $928.9M; EPS $4.00
AI Summary
Enova International reported strong financial results for Q2 2026, with net income increasing significantly year-over-year to $105.1 million. Revenue also saw substantial growth, reaching $928.9 million. The company's loan portfolio and total assets expanded, and it generated over $1 billion in net cash from operating activities for the first half of the year. Management highlighted the pending acquisition of Grasshopper Bancorp, Inc., noting associated integration and regulatory risks.
Key Highlights
- Q2 2026 Net Income rose to $105.1 million from $76.1 million in Q2 2025.
- Q2 2026 Revenue increased to $928.9 million from $764.0 million in Q2 2025.
- Diluted Earnings Per Share for Q2 2026 was $4.00, up from $2.86 in Q2 2025.
- Loans and finance receivables at fair value reached $6.17 billion as of June 30, 2026.
- Total assets grew to $7.22 billion as of June 30, 2026.
- Net cash provided by operating activities for H1 2026 was $1.02 billion.
- Pending acquisition of Grasshopper Bancorp, Inc. poses integration and regulatory risks.
Price Impact
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