StockWatch
·
Other Specialty Stores
Quarterly ResultJul 27, 2026, 02:16 PM

FirstCash Q2 Revenue $1.07B, Net Income $93.47M; EPS $2.12

AI Summary

FirstCash Holdings reported strong second-quarter 2026 financial results, with significant increases in revenue and net income. The company also announced its agreement to acquire Ramsdens Holdings plc, a leading UK pawn operator, for approximately $307.5 million, which is expected to close by year-end 2026. Additionally, FirstCash completed its reincorporation from Delaware to Texas and continued its U.S. pawn store expansion.

Key Highlights

  • Q2 2026 total revenue increased to $1.07 billion from $830.6 million in Q2 2025.
  • Q2 2026 net income rose to $93.47 million, up from $59.81 million in Q2 2025.
  • Diluted EPS for Q2 2026 was $2.12, compared to $1.34 in Q2 2025.
  • Agreed to acquire Ramsdens Holdings plc for approximately $307.5 million, expected to close by year-end 2026.
  • Acquired eight U.S. pawn stores for $6.6 million during the first six months of 2026.
  • Net cash flow from operating activities for H1 2026 was $330.4 million, up from $243.5 million in H1 2025.
  • Purchased $116.9 million of treasury stock in H1 2026, compared to $60.5 million in H1 2025.
  • Declared cash dividends of $0.42 per share for Q1 and Q2 2026.