Enova

Q2 FY2026 EarningsQ2 FY2026 results significantly beat consensus expectations across the board: revenue of $929M vs. $910M expected, and Adjusted EPS of $4.31 vs. $3.96 expected. Growth was driven by a 27% increase in originations and a record loan portfolio of $5.5B. Credit quality remained a highlight as net charge-off ratios improved to 7.3% (down from 8.1% YoY) and net revenue margins rose to 61%, exceeding the expected 58.7%. Management raised FY2026 guidance following the beat and progress on the Grasshopper Bank acquisition.