Filing Flows › Atlanticus Holdings (ATLC) › Q1 2026
Atlanticus Holdings (ATLC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Atlanticus Holdings (ATLC) reported revenue of $680M for the first quarter 2026 (Q1 2026), +97% from a year earlier and -7% from the quarter before. Operating margin was 8.7%, net earnings $44.2M (6.5% of revenue).
Atlanticus Holdings, Q1 2026: revenue $680M (+97% year over year), operating margin 8.7%, net earnings $44.2M, operating cash flow $286M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $680M | -7% | +97% |
| Operating profit | $58.8M | +27% | +44% |
| Net earnings | $44.2M | +26% | +40% |
| Operating cash flow | $286M | +8% | +118% |
What changed
Revenue was $679.6M in Q1 2026, up 97% year over year and down 7% from the previous quarter.
Operating profit was $58.8M, a 8.7% margin (down 3.2 points year over year). Of the extra revenue versus Q1 2025, 5% reached operating profit, below the 12% margin then. Total costs grew 104% against revenue growth of 97%. The fastest-growing cost line was Other operating costs (+114%). Net earnings were $44.2M, up 40% year over year. The effective tax rate was 24.3%.
Operating cash flow was $286.3M (up 118% year over year), 642% of net earnings. Non-cash charges added back $5.1M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $235.3M.
Questions
What was Atlanticus Holdings' revenue in the first quarter 2026?
Atlanticus Holdings (ATLC) reported revenue of $680M for the first quarter 2026 (Q1 2026), +97% from a year earlier and -7% from the quarter before.
Was Atlanticus Holdings profitable in the first quarter 2026?
Operating profit was $58.8M (8.7% of revenue) and net earnings $44.2M.