Filing Flows › Enova International (ENVA) › Q2 2025
Enova International (ENVA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 25, 2025
Enova International (ENVA) reported revenue of $764M for the second quarter 2025 (Q2 2025), +22% from a year earlier and +2% from the quarter before. Operating margin was 24.1%, net earnings $76.1M (10.0% of revenue).
Enova International, Q2 2025: revenue $764M (+22% year over year), operating margin 24.1%, net earnings $76.1M, operating cash flow $447M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $764M | +2% | +22% |
| Gross profit | $441M | +4% | +19% |
| Operating profit | $184M | +7% | +27% |
| Net earnings | $76.1M | +4% | +41% |
| Operating cash flow | $447M | +14% | +24% |
| Free cash flow | $436M | +15% | +25% |
What changed
Revenue was $764.0M in Q2 2025, up 22% year over year and up 2% from the previous quarter.
Gross margin was 57.8%, down 1.1 points from a year earlier. Operating profit was $184.1M, a 24.1% margin (up 1.0 points year over year). Of the extra revenue versus a year earlier, 29% reached operating profit, above the 23% margin then. Operating expenses grew 14% against revenue growth of 22%. The fastest-growing cost line was Other operating costs (+17%). Net earnings were $76.1M, up 41% year over year. The effective tax rate was 24.6%.
Operating cash flow was $447.4M (up 24% year over year), 587% of net earnings. Non-cash charges added back $10.3M of depreciation and amortization and $8.1M of share-based compensation. Working capital and other items added $352.8M. Capital expenditures of $11.2M left free cash flow of $436.1M.
Questions
What was Enova International's revenue in the second quarter 2025?
Enova International (ENVA) reported revenue of $764M for the second quarter 2025 (Q2 2025), +22% from a year earlier and +2% from the quarter before.
Was Enova International profitable in the second quarter 2025?
Operating profit was $184M (24.1% of revenue) and net earnings $76.1M.