Filing Flows › Encore Capital Group (ECPG) › Q3 2026 › vs Q2 2026
Encore Capital Group (ECPG) Q3 2026 vs Q2 2026 (quarter over quarter)
Encore Capital Group's revenue rose $52.7M (+11%) from $492M in Q2 2026 to $545M in Q3 2026. Operating margin 42.3% against 38.0% (+4.4 pts).
Encore Capital Group, Q3 2026: revenue $545M (+18% year over year), operating margin 42.3%, net earnings $124M, operating cash flow $107M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 42.3% | 38.0% | +4.4 pts |
| Net margin | 22.8% | 13.0% | +9.8 pts |
| Free cash flow margin | 18.7% | -7.7% | +26.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $545M | $492M | $52.7M | +11% |
| Operating profit | $231M | $187M | $43.7M | +23% |
| Costs & expenses | $314M | $305M | $9.0M | +3% |
| Pre-tax earnings | $161M | $82.8M | $77.9M | +94% |
| Other expense, net | $69.8M | $104M | −$34.2M | -33% |
| General & admin | $43.6M | $38.7M | $4.9M | +13% |
| Other operating costs | $270M | $266M | $4.1M | +2% |
| Net earnings | $124M | $64.0M | $60.0M | +94% |
| Income tax | $36.8M | $18.8M | $17.9M | +95% |
| Depreciation & amortization | $7.1M | $7.1M | −$2K | 0% |
| Share-based compensation | $4.7M | $6.0M | −$1.3M | -22% |
| Working capital & other | $29.1M | $107M | −$77.4M | -73% |
| Operating cash flow | $107M | −$29.4M | $136M | — |
| Free cash flow (OCF − capex) | $102M | −$37.8M | $140M | — |
| Capital expenditures | $4.8M | $8.4M | −$3.6M | -43% |
Questions
How much did Encore Capital Group's revenue grow quarter over quarter in Q3 2026?
Encore Capital Group's revenue rose $52.7M (+11%) from $492M in Q2 2026 to $545M in Q3 2026. Operating margin 42.3% against 38.0% (+4.4 pts).