Enova International posts record $1.01 billion Q3 2026 revenue and EPS beat
+1 new source since this summary was written
Enova International reported third‑quarter 2026 revenue of $1.01 billion, up 26% year‑over‑year, and diluted earnings per share of $4.06, a 34% increase. Originations rose 31% and the net charge‑off ratio improved to 8.1% from 8.5%. The company repurchased $46 million of common stock and retained $252 million for future buybacks, and it announced the termination of its planned merger with Grasshopper.
Why it matters
The revenue breakthrough and EPS beat suggest stronger growth and profitability than analysts expected, which may support a higher valuation. The remaining $252 million repurchase capacity gives the board flexibility to return cash to shareholders. The merger termination removes a pending corporate action that could have altered the company’s capital structure.
Key facts
- 1Total revenue of $1.01 billion increased 26% from $803 million in Q3 2025. prnewswire.com
- 2Diluted earnings per share of $4.06 rose 34% from $3.03 in Q3 2025. prnewswire.com
- 3Adjusted earnings per share of $4.48 increased 33% from $3.36 in Q3 2025. prnewswire.com
- 4Originations grew 31% year‑over‑year. prnewswire.com
- 5Consolidated net charge‑off ratio fell to 8.1% from 8.5% in Q3 2025. prnewswire.com
- 6Repurchased $46 million of common stock and has $252 million remaining for share repurchases. prnewswire.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.