| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 464.83 | 25.3% |
| Total Income | 464.83 | 25.3% |
| Expenditure | 319.71 | 23.0% |
| PBT | 145.13 | 30.5% |
| Net Profit | 107.70 | 28.8% |
| OPM | — | |
| NPM | 23.17% | 0.64pp |
| EPS | 2.44 | 30.5% |
FirstCash Reports Record Q1 2026 Revenue Up 26%, EPS Up 30%
24 Apr 2026 · 24 Apr, 1:47 am
Summary
FirstCash Holdings, Inc. reported record revenue and earnings results for the three-month period ended March 31, 2026. Consolidated revenues exceeded $1 billion, representing a 26% increase over the first quarter of last year. Net income and adjusted EBITDA both increased 29%, while fully diluted earnings per share increased an impressive 30%. The company also announced that the Board of Directors declared a quarterly cash dividend of $0.42 per share. The company is raising full year 2026 revenue guidance for each of its pawn segments.
Key Highlights
- 1
FirstCash's consolidated revenues exceeded $1 billion for the quarter, representing a 26% increase over the first quarter of last year.
- 2
Net income and adjusted EBITDA both increased 29% in the first quarter of 2026.
- 3
Fully diluted earnings per share increased by 30% in the first quarter of 2026.
- 4
Pawn revenues in the U.S. were up 16% while Latin America was up 40% on a U.S. dollar basis in the first quarter.
- 5
Same-store pawn receivables at the end of the first quarter increased an unprecedented 19% in the U.S. and 30% in Latin America (on a local currency basis).
- 6
The company added eight pawn locations during the first quarter, bringing the total to 3,334 locations.
- 7
Consolidated assets at March 31, 2026 totaled a record $5.4 billion, including record pawn receivables of $851 million.
Management Comments
Rick Wessel
FirstCash is pleased to report its first quarter results highlighted by record revenue, net income and earnings per share. Consolidated revenues again exceeded $1 billion for the quarter, representing an increase of 26% over the first quarter of last year. Resulting net income and adjusted EBITDA both increased 29%, while fully diluted earnings per share increased an impressive 30%.
Rick Wessel
Most notably, same-store pawn receivables at the end of the first quarter increased an unprecedented 19% in the U.S., 30% in Latin America and 29% in the U.K. (all on a local currency basis), representing further acceleration in pawn demand since the start of the year. These trends point to significant further revenue momentum as we begin the second quarter, and accordingly, we are raising full year 2026 revenue guidance for each of our pawn segments.
Rick Wessel
Additionally, the strong first quarter operating results generated significant operating cash flows which we utilized to further invest in the business while also reducing our leverage ratio, repurchasing stock and paying the quarterly cash dividend.
Informational and educational content only. Not investment advice.