Enova Q2 FY26 net income climbs 38% to $105.06 million; revenue rises 22% to $928.93 million
ENVA•Q2 FY26 results
- Enova posted Q2 net income of $105 million, up 38%, with diluted EPS of $4.00 rising 40% from a year earlier.
- Revenue climbed 22% to $929 million; net revenue margin widened 3 percentage points to 61%.
- Consolidated net charge-off ratio narrowed to 7.3%; the 30+ day delinquency ratio showed sequential stability.
Loan growth and acquisition update
- Total company combined loans and finance receivables rose 28% to a record $5.5 billion, with originations up 27% to $2.3 billion.
- CEO Steve Cunningham cited the planned acquisition of Grasshopper Bank, expecting to close later this year as regulators review the application.
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