| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 20.64 | 8.5% |
| Total Income | 20.64 | 8.5% |
| Expenditure | -163.35 | 53.0% |
| PBT | 111.73 | 84.8% |
| Net Profit | 86.24 | 84.3% |
| OPM | 100.00% | 0.00pp |
| NPM | 100.00% | 0.00pp |
| EPS | 3.97 | 102.5% |
Encore Capital Group Announces Q1 2026 Financial Results
07 May 2026 · 7 May, 1:47 am
Summary
Encore Capital Group announced strong financial results for the first quarter ended March 31, 2026. Global collections reached a record $718 million, a 19% increase compared to the previous year. Earnings per share rose significantly to $3.86, doubling the $1.93 reported in Q1 2025. Due to this strong start, the company is raising its full-year 2026 collections guidance to approximately $2.8 billion and expects earnings per share to increase 19% to $13.00.
Key Highlights
- 1
Encore Capital Group reported global portfolio purchases of $363 million in Q1 2026, including $316 million in the U.S. market.
- 2
Global collections increased by 19% to a record $718 million for the first quarter of 2026.
- 3
Earnings per share for Q1 2026 were $3.86, up 100% compared to $1.93 per share in the prior year.
- 4
MCM portfolio purchases in the U.S. were $316 million, marking one of the strongest purchasing quarters ever.
- 5
Cabot business in Europe reported portfolio purchases of $47 million and collections of $161 million, up 7% compared to Q1 last year.
- 6
The company is raising its full-year 2026 collections guidance to approximately $2.8 billion, reflecting year-over-year growth of 8%.
- 7
Encore is raising its earnings guidance and now expects its earnings per share in 2026 to increase 19% to $13.00.
Management Comments
Ashish Masih
Encore delivered another quarter of strong performance in Q1 as our industry leadership and operational improvement remain on full display. Our business continues to thrive with solid first quarter portfolio purchases of $363 million and record collections of $718 million, which were up 19% compared to a year ago. This collections performance helped earnings increase sharply, with first quarter earnings per share of $3.86 up 100% compared to $1.93 per share a year ago. As a result of our strong start to the year, we are raising our global collections guidance and now expect our full-year 2026 collections to be approximately $2.8 billion, reflecting year-over-year growth of 8%. Additionally, we are raising our earnings guidance and now expect our earnings per share in 2026 to increase 19% to $13.00. Our guidance for portfolio purchasing remains unchanged from our view in February as we continue to anticipate our global portfolio purchases this year to be within a range from $1.4 billion to $1.5 billion. As always, we remain committed to the critical role we play in the consumer credit ecosystem and to helping consumers restore their financial health
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