--- title: "Enova | 8-K: FY2026 Q2 Revenue: USD 928.93 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/293662278.md" datetime: "2026-07-23T20:20:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293662278.md) - [en](https://longbridge.com/en/news/293662278.md) - [zh-HK](https://longbridge.com/zh-HK/news/293662278.md) --- # Enova | 8-K: FY2026 Q2 Revenue: USD 928.93 M Revenue: As of FY2026 Q2, the actual value is USD 928.93 M. EPS: As of FY2026 Q2, the actual value is USD 4, beating the estimate of USD 3.6. EBIT: As of FY2026 Q2, the actual value is USD 237.59 M. #### Net Income and Adjusted Earnings Net income for the second quarter of 2026 was $105 million, a 38% increase from $76 million in the second quarter of 2025. Adjusted earnings for Q2 2026 were $113,267 thousand, up from $86,052 thousand in Q2 2025. For the six months ended June 30, 2026, net income was $196,157 thousand, compared to $149,094 thousand in 2025. Adjusted earnings for the six months ended June 30, 2026, were $215,199 thousand, an increase from $166,791 thousand in the prior year. #### Operating Expenses and Income from Operations Total operating expenses for the second quarter of 2026 were $330,919 thousand, rising from $257,352 thousand in Q2 2025. Income from operations for Q2 2026 was $237,147 thousand, up from $184,106 thousand in Q2 2025. Marketing expenses increased to $203,557 thousand in Q2 2026 from $142,848 thousand in Q2 2025. Operations and technology expenses were $74,864 thousand in Q2 2026, compared to $63,648 thousand in Q2 2025. General and administrative expenses were $44,080 thousand in Q2 2026, up from $40,508 thousand in Q2 2025. For the six months ended June 30, 2026, total operating expenses were $652,772 thousand, versus $511,630 thousand in 2025, resulting in income from operations of $444,253 thousand, up from $356,010 thousand. #### Adjusted EBITDA Adjusted EBITDA for the second quarter of 2026 was $256 million, marking a 26% increase from $203 million in the second quarter of 2025. Adjusted EBITDA as a percentage of total revenue was 27.5% in Q2 2026, up from 26.5% in Q2 2025. For the six months ended June 30, 2026, Adjusted EBITDA was $483,168 thousand, an increase from $392,461 thousand in the prior year, with Adjusted EBITDA as a percentage of total revenue at 26.8% compared to 26.0%. #### Cash Flow Total cash flows provided by operating activities for the six months ended June 30, 2026, were $1,018,574 thousand, an increase from $838,508 thousand in the same period of 2025. Total cash flows used in investing activities were - $1,411,338 thousand for the six months ended June 30, 2026, compared to - $1,037,826 thousand in 2025. Cash flows provided by financing activities were $450,410 thousand for the six months ended June 30, 2026, up from $255,953 thousand in 2025. #### Loans and Finance Receivables Total company combined loans and finance receivables increased 28% from the end of the second quarter of 2025 to a record $5.5 billion at the end of Q2 2026. Total company originations were $2.3 billion in the second quarter of 2026. The ending combined loan and finance receivable principal balance was $5,370,479 thousand as of June 30, 2026, compared to $4,157,875 thousand as of June 30, 2025. The ending combined loan and finance receivable fair value balance was $6,200,395 thousand as of June 30, 2026, up from $4,797,092 thousand as of June 30, 2025. The ending combined loan and finance receivable balance, including principal and accrued fees/interest outstanding, was $5,547,241 thousand as of June 30, 2026, compared to $4,318,689 thousand as of June 30, 2025. #### Credit Performance and Delinquencies Credit performance remained strong, with the consolidated net charge-off ratio decreasing to 7.3% in Q2 2026 from 8.1% in Q2 2025. Charge-offs (net of recoveries) were $392,081 thousand in Q2 2026, compared to $342,880 thousand in Q2 2025. The consolidated 30+ day delinquency ratio showed sequential stability, with over 30 days delinquent as a percentage of combined loan and finance receivable balance at 7.5% in Q2 2026, up from 7.1% in Q2 2025. #### Liquidity and Share Repurchases Liquidity, including cash and marketable securities and available capacity on facilities, totaled $929 million at June 30, 2026. Enova International, Inc. repurchased $19 million of common stock under its share repurchase program during the quarter. #### Outlook Enova International, Inc. is raising its outlook for the year, based on current performance. The company aims to generate sustainable and profitable growth, deliver long-term shareholder value, and provide access to fast, trustworthy credit. 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