Filing Flows › Enova International (ENVA) › Q3 2025
Enova International (ENVA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 24, 2025
Enova International (ENVA) reported revenue of $803M for the third quarter 2025 (Q3 2025), +16% from a year earlier and +5% from the quarter before. Operating margin was 24.5%, net earnings $80.3M (10.0% of revenue).
Enova International, Q3 2025: revenue $803M (+16% year over year), operating margin 24.5%, net earnings $80.3M, operating cash flow $482M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $803M | +5% | +16% |
| Gross profit | $461M | +4% | +15% |
| Operating profit | $197M | +7% | +28% |
| Net earnings | $80.3M | +5% | +85% |
| Operating cash flow | $482M | +8% | +21% |
| Free cash flow | $470M | +8% | +21% |
What changed
Revenue was $802.7M in Q3 2025, up 16% year over year and up 5% from the previous quarter.
Gross margin was 57.4%, down 0.6 points from a year earlier. Operating profit was $196.8M, a 24.5% margin (up 2.2 points year over year). Of the extra revenue versus a year earlier, 38% reached operating profit, above the 22% margin then. Operating expenses grew 7% against revenue growth of 16%. Net earnings were $80.3M, up 85% year over year. The effective tax rate was 27.1%.
Operating cash flow was $481.8M (up 21% year over year), 600% of net earnings. Non-cash charges added back $12.4M of depreciation and amortization and $8.5M of share-based compensation. Working capital and other items added $380.6M. Capital expenditures of $11.3M left free cash flow of $470.5M.
Questions
What was Enova International's revenue in the third quarter 2025?
Enova International (ENVA) reported revenue of $803M for the third quarter 2025 (Q3 2025), +16% from a year earlier and +5% from the quarter before.
Was Enova International profitable in the third quarter 2025?
Operating profit was $197M (24.5% of revenue) and net earnings $80.3M.