Atlanticus Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤Net income attributable to common shareholders rose 310.4% to $93.0 million
- ➤Total operating revenue and other income increased 60.1% to $775.9 million
- ➤Managed receivables increased 8.0% to $7.1 billion
- ➤Purchase volume increased 48.5% to $1,770.7 million
- ➤Auto Finance business sold for approximately $71.2 million, generating a $20.1 million pre-tax gain
Expert Statements
Jeff Howard, President and Chief Executive Officer of Atlanticus Holdings Corporation
“We are pleased to report another record-setting quarter, with records for earnings, revenue, number of new customers served, managed receivables and purchase and payment activity. These milestones are a direct result of our team’s focus on executing our strategy and continually striving to fulfill our purpose of Empowering Better Financial Outcomes for Everyday Americans. For the quarter, we earned $4.87 per diluted common share, or $3.00 per diluted common share, when adjusting for one-time transactions. We continue to see attractive returns across our platform as we invest in additional marketing opportunities, deepen retail partner relationships, and continue to realize the benefits of our ongoing integration of the Mercury acquisition last year.”
Jeff Howard, President and Chief Executive Officer of Atlanticus Holdings Corporation
“We also, once again, exceeded our return on capital target of 20%. On an adjusted basis, our return on average equity for the quarter was 30.1%. This was driven by our dedicated focus on unit-level profitability, the growing contribution of the Mercury acquisition, and continued resilience of the customers we serve.”
ATLANTA, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (Atlanticus, the Company, we, our or us), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of Everyday Americans, today announced its financial results for the third quarter ended September 30, 2026. An accompanying earnings presentation is available in the Investors section of the Company’s website at www.atlanticus.com or by clicking here.
Third Quarter 2026 Highlights (all comparisons to the Third Quarter 2025, unless otherwise indicated) * Net income attributable to common shareholders of $93.0 million, an increase of 310.4%, or $4.87 per diluted common share * Adjusted net income attributable to common shareholders of $57.0 million, or $3.00 per diluted common share(1) * Total operating revenue and other income increased 60.1% to $775.9 million * Managed receivables(2) of $7.1 billion, an increase of 8.0% * Return on average equity of 49.2%(3) and Adjusted return on average equity of 30.1%(1) * Purchase volume of $1,770.7 million, an increase of 48.5% * Total accounts served of 6.7 million(4) (1)) (Adjusted net income attributable to common shareholders, )(Adjusted net income attributable to common shareholders per common share (basic and diluted) )(and Adjusted return on average equity are non-GAAP )(fi)(nancial measures. See Calculation of Non-GAAP Financial Measures for important additional information.) (2)() Managed receivables is a non-GAAP financial measure. See Calculation of Non-GAAP Financial Measures for important additional information.) (3)() Return on average equity is calculated using Net income attributable to common shareholders as the numerator and the average of Total shareholders’ equity attributable to Atlanticus Holdings Corporation as of September 30, )(2026)( and June 30, )(2026)( as the denominator, annualized. ) (4)() In our calculation of total accounts served, we include all accounts with )(account activity)( and accounts that have open lines of credit at the end of the )(referenced period)(.)
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