Quarterly ResultJul 23, 2026, 04:22 PM
Enova Q2 Revenue $929M (+22%), Diluted EPS $4.00 (+40%)
AI Summary
Enova International reported strong second quarter 2026 financial results, with total revenue increasing 22% to $929 million and diluted earnings per share rising 40% to $4.00. Adjusted EPS grew 33% to $4.31, marking the eighth consecutive quarter of over 30% adjusted EPS growth. The company also saw healthy originations growth, strong credit performance, and raised its full-year outlook, while continuing with the planned acquisition of Grasshopper Bank.
Key Highlights
- Total revenue increased 22% to $929 million in Q2 2026.
- Diluted earnings per share rose 40% to $4.00 in Q2 2026.
- Adjusted earnings per share increased 33% to $4.31 in Q2 2026.
- Originations grew 27% and total combined loans reached a record $5.5 billion.
- Net revenue margin improved to 61% and net charge-off ratio decreased to 7.3%.
- Repurchased $19 million of common stock during the quarter.
- Company raised its full-year outlook based on strong performance.
- Planned acquisition of Grasshopper Bank is progressing, awaiting regulatory review.
Price Impact
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