Loading...
•
Dec 31, 2025
EZCORP Q1 2026 Earnings Report
EZCORP reported exceptional operating performance and outstanding earnings growth for the first quarter of fiscal 2026.
Key Takeaways
EZCORP achieved a strong start to fiscal 2026 with record first quarter revenue and Pawn Loans Outstanding (PLO), alongside significant organic earnings growth. The company's strategic initiatives and operating leverage contributed to over 35% growth in net income and adjusted EBITDA, driven by sustained demand for cash solutions and secondhand goods. Subsequent to the quarter, EZCORP expanded its footprint through two key acquisitions, adding 105 stores across 12 countries and strengthening its presence in the U.S. market.
Net income surged by 43% to $44.3 million, with diluted EPS increasing by 38% to $0.55.
Total revenues grew by 19% to $382.0 million, and gross profit increased by 20% to $223.0 million.
Pawn Loans Outstanding (PLO) expanded by 14% to $314.4 million, reflecting strong demand and improved operational performance.
The company expanded its store count by 23 locations, including 17 acquired and 7 de novo stores, and completed two significant acquisitions post-quarter end, bringing the total store count to 1,500 across 16 countries.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
EZCORP is well-positioned for future growth, leveraging a strong balance sheet and strategic acquisitions to expand its footprint and enhance its market position in existing and new pawn markets.
Positive Outlook
- The company expects continued strong organic earnings growth, building on the exceptional start to fiscal 2026.
- Recent acquisitions, including Founders One and El Bufalo Pawn, are expected to be immediately accretive to earnings and provide platforms for future expansion.
- Expansion into 11 new countries through the SMG acquisition will diversify the company's pawn offering and market reach.
- A highly liquid balance sheet provides flexibility to pursue additional attractive organic and inorganic growth opportunities.
- The company plans to strengthen its core operations and scale platforms to deliver sustainable, long-term value for shareholders.
Challenges Ahead
- The company did not explicitly state any negative forward guidance in this report.
- Potential operating risks, liquidity risks, and legislative or regulatory developments could impact future performance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...