World Acceptance Corporation Reports Q2 Fiscal 2026 Results
World Acceptance Corporation reported its Q2 fiscal 2026 results, showing a 1.5% increase in outstanding loans and a 6.2% growth in its customer base, despite a net loss of $1.9 million. Total revenues rose by 2.3% to $134.5 million, driven by a 4.6% increase in income from interest, fees, and insurance. The company amended its revolving credit facility and repurchased shares, maintaining an optimistic outlook for future growth through strategic investments and improved portfolio yields.
World Acceptance Corporation, a finance company specializing in personal installment loans and tax services, operates over 1,000 branches across 16 U.S. states. In its fiscal 2026 second-quarter earnings report, the company highlighted a notable increase in outstanding loans and a strategic focus on portfolio growth, despite reporting a net loss. Key financial metrics revealed a 1.5% year-over-year growth in outstanding loans, a 6.2% increase in the customer base, and a 4.6% rise in interest, fee, and insurance income. The company also amended its revolving credit facility and repurchased a significant portion of its shares. Despite a net loss of $1.9 million attributed to early bond redemption expenses and increased share-based compensation, the company reported a 2.3% increase in total revenues to $134.5 million. Looking ahead, World Acceptance Corporation remains optimistic about future growth, supported by strategic investments and improved portfolio yields.
