Enova Reports Third Quarter 2026 Results
Key Highlights
- ➤Revenue reached $1.01 billion, increasing 26% year-over-year
- ➤Adjusted EPS rose 33% to $4.48 year-over-year
- ➤Originations increased 31% to $2.6 billion in the quarter
- ➤Net charge-off ratio decreased to 8.1% from 8.5%
- ➤Enova repurchased $46 million of common stock; $252 million capacity remains
Expert Statements
Steve Cunningham, CEO of Enova International
“We're pleased to deliver another quarter of strong financial results, driven by healthy demand and stable credit, as consolidated originations, receivables, revenue and adjusted EPS all grew 25% or more year-over-year.”
Steve Cunningham, CEO of Enova International
“We've built a high growth, highly profitable and resilient business at Enova serving large, fragmented markets with diversified products powered by our online-only business model, world-class technology and risk management, talented team and competitive funding capabilities.”
Steve Cunningham, CEO of Enova International
“Our future is bright, and our focused growth strategy has us well positioned to continue delivering on our commitment to driving long-term shareholder value while meeting our mission of helping hardworking people get access to fast, trustworthy credit.”
Scott Cornelis, CFO of Enova International
“We're pleased to deliver another quarter of top- and bottom-line financial performance that exceeded our expectations, including revenue of $1 billion during a quarter for the first time in our history.”
Scott Cornelis, CFO of Enova International
“Our financial and credit consistency supported strong execution in the capital markets during the quarter, and our competitive funding costs and solid liquidity position have us well positioned to deliver on our commitment to driving long-term shareholder value through both continued investments in our business and opportunistic share repurchases.”
* Originations rose 31% and total company revenue increased 26% from the third quarter of 2025. * Diluted earnings per share of $4.06 increased 34% and adjusted earnings per share(1) of $4.48 rose 33% compared to the third quarter of 2025. * Credit performance remained strong, with a sequentially stable net revenue margin and the consolidated net charge-off ratio decreasing to 8.1% from 8.5% from the third quarter of 2025. * Sequential stability in the consolidated fair value premium reflects continued stable credit performance and outlook. * Liquidity, including cash and marketable securities and available capacity on facilities, totaled $1.3 billion at September 30. * Repurchased $46 million of common stock and started the fourth quarter with $252 million of available share repurchase capacity. CHICAGO, Oct. 22, 2026 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial services company powered by machine learning and world-class analytics, today announced financial results for the third quarter ended September 30, 2026.
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