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. The planned acquisition of Grasshopper Bank is progressing, with the company in dialogue with regulators and expecting to close later this year to realize transaction synergies.