Filing Flows › Encore Capital Group (ECPG) › Q2 2026
Encore Capital Group (ECPG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Encore Capital Group (ECPG) reported revenue of $492M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +3% from the quarter before. Operating margin was 38.0%, net earnings $64.0M (13.0% of revenue).
Encore Capital Group, Q2 2026: revenue $492M (+11% year over year), operating margin 38.0%, net earnings $64.0M, operating cash flow −$29.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $492M | +3% | +11% |
| Operating profit | $187M | +2% | +24% |
| Net earnings | $64.0M | -26% | +9% |
| Operating cash flow | −$29.4M | -136% | -408% |
What changed
Revenue was $491.9M in Q2 2026, up 11% year over year and up 3% from the previous quarter.
Operating profit was $186.9M, a 38.0% margin (up 3.9 points year over year). Of the extra revenue versus Q2 2025, 73% reached operating profit, above the 34% margin then. Total costs grew 5% against revenue growth of 11%. Net earnings were $64.0M, up 9% year over year. The effective tax rate was 22.8%.
Operating cash flow was −$29.4M. Non-cash charges added back $7.1M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $106.5M. Capital expenditures of $8.4M exceeded it, leaving free cash flow of −$37.8M.
Questions
What was Encore Capital Group's revenue in the second quarter 2026?
Encore Capital Group (ECPG) reported revenue of $492M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +3% from the quarter before.
Was Encore Capital Group profitable in the second quarter 2026?
Operating profit was $187M (38.0% of revenue) and net earnings $64.0M.