FirstCash Raises 2026 Guidance After 26% Q1 Revenue Gain, 30% EPS Jump
FirstCash reported record Q1 revenue of $1.052B, a 26% increase and net income of $108M, a 29% rise and 30% EPS growth to $2.43. Pawn receivables grew 19% in the U.S., 30% in Latin America and 29% in the U.K., prompting raised 2026 revenue guidance and a $0.42 dividend.
1. Q1 Record Financial Results
FirstCash delivered its strongest first quarter with revenue of $1.052 billion, up 26% year-over-year, and net income of $108 million, a 29% increase. Fully diluted EPS rose 30% to $2.43, supported by adjusted EBITDA of $211 million, up 29%.
2. Pawn Receivables and Segment Growth
Same-store pawn receivables expanded 19% in the U.S., 30% in Latin America (local currency) and 29% in the U.K., driving robust fee income and merchandise margins. U.S. pawn revenue grew 16%, Latin America 40% (U.S. dollar) and the U.K. operations made a meaningful contribution following recent acquisitions.
3. Raised 2026 Guidance and Dividend
Buoyed by accelerating pawn demand, FirstCash increased full-year 2026 revenue guidance for each pawn segment. The board declared a quarterly cash dividend of $0.42 per share, payable in May 2026.
4. Store Expansion and Cash Flow
The company added eight pawn locations in Q1 and 340 over the past 12 months, expanding its global footprint to 3,334 stores. Strong operating cash flows funded debt reduction, share repurchases and reinvestment in de novo openings across all markets.