Filing Flows › Enova International (ENVA) › Q1 2025
Enova International (ENVA) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 29, 2025
Enova International (ENVA) reported revenue of $746M for the first quarter 2025 (Q1 2025), +22% from a year earlier and +2% from the quarter before. Operating margin was 23.1%, net earnings $72.9M (9.8% of revenue).
Enova International, Q1 2025: revenue $746M (+22% year over year), operating margin 23.1%, net earnings $72.9M, operating cash flow $391M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $746M | +2% | +22% |
| Gross profit | $426M | +3% | +23% |
| Operating profit | $172M | +11% | +31% |
| Net earnings | $72.9M | +15% | +51% |
| Operating cash flow | $391M | -9% | +12% |
| Free cash flow | $378M | -10% | +12% |
What changed
Revenue was $745.5M in Q1 2025, up 22% year over year and up 2% from the previous quarter.
Gross margin was 57.2%, up 0.5 points from a year earlier. Operating profit was $171.9M, a 23.1% margin (up 1.6 points year over year). Of the extra revenue versus a year earlier, 30% reached operating profit, above the 21% margin then. Operating expenses grew 18% against revenue growth of 22%. The fastest-growing cost line was Other operating costs (+21%). Net earnings were $72.9M, up 51% year over year. The effective tax rate was 19.9%.
Operating cash flow was $391.1M (up 12% year over year), 536% of net earnings. Non-cash charges added back $10.1M of depreciation and amortization and $7.9M of share-based compensation. Working capital and other items added $300.2M. Capital expenditures of $12.9M left free cash flow of $378.3M.
Questions
What was Enova International's revenue in the first quarter 2025?
Enova International (ENVA) reported revenue of $746M for the first quarter 2025 (Q1 2025), +22% from a year earlier and +2% from the quarter before.
Was Enova International profitable in the first quarter 2025?
Operating profit was $172M (23.1% of revenue) and net earnings $72.9M.