Filing Flows › Enova International (ENVA) › Q1 2026
Enova International (ENVA) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 23, 2026
Enova International (ENVA) reported revenue of $875M for the first quarter 2026 (Q1 2026), +17% from a year earlier and +4% from the quarter before. Operating margin was 23.7%, net earnings $91.1M (10.4% of revenue).
Enova International, Q1 2026: revenue $875M (+17% year over year), operating margin 23.7%, net earnings $91.1M, operating cash flow $475M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $875M | +4% | +17% |
| Gross profit | $529M | +5% | +24% |
| Operating profit | $207M | +11% | +20% |
| Net earnings | $91.1M | +15% | +25% |
| Operating cash flow | $475M | -5% | +21% |
| Free cash flow | $464M | -5% | +23% |
What changed
Revenue was $875.1M in Q1 2026, up 17% year over year and up 4% from the previous quarter.
Gross margin was 60.4%, up 3.3 points from Q1 2025. Operating profit was $207.1M, a 23.7% margin (up 0.6 points year over year). Of the extra revenue versus Q1 2025, 27% reached operating profit, above the 23% margin then. Operating expenses grew 27% against revenue growth of 17%. The fastest-growing cost line was Other operating costs (+29%). Net earnings were $91.1M, up 25% year over year. The effective tax rate was 19.3%.
Operating cash flow was $474.5M (up 21% year over year), 521% of net earnings. Non-cash charges added back $8.9M of depreciation and amortization and $8.7M of share-based compensation. Working capital and other items added $365.8M. Capital expenditures of $10.8M left free cash flow of $463.8M.
Questions
What was Enova International's revenue in the first quarter 2026?
Enova International (ENVA) reported revenue of $875M for the first quarter 2026 (Q1 2026), +17% from a year earlier and +4% from the quarter before.
Was Enova International profitable in the first quarter 2026?
Operating profit was $207M (23.7% of revenue) and net earnings $91.1M.