Filing Flows › Enova International (ENVA) › Q4 2025
Enova International (ENVA) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 20, 2026
Enova International (ENVA) reported revenue of $839M for the fourth quarter 2025 (Q4 2025), +15% from a year earlier and +5% from the quarter before. Operating margin was 22.2%, net earnings $79.0M (9.4% of revenue).
Enova International, Q4 2025: revenue $839M (+15% year over year), operating margin 22.2%, net earnings $79.0M, operating cash flow $499M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $839M | +5% | +15% |
| Gross profit | $502M | +9% | +22% |
| Operating profit | $187M | -5% | +20% |
| Net earnings | $79.0M | -2% | +24% |
| Operating cash flow | $499M | +4% | +16% |
| Free cash flow | $487M | +4% | +16% |
What changed
Revenue was $839.4M in Q4 2025, up 15% year over year and up 5% from the previous quarter.
Gross margin was 59.8%, up 3.2 points from a year earlier. Operating profit was $186.6M, a 22.2% margin (up 1.0 points year over year). Of the extra revenue versus a year earlier, 29% reached operating profit, above the 21% margin then. Operating expenses grew 22% against revenue growth of 15%. The fastest-growing cost line was General & admin (+24%). Net earnings were $79.0M, up 24% year over year. The effective tax rate was 20.0%.
Operating cash flow was $498.8M (up 16% year over year), 632% of net earnings. Non-cash charges added back $9.1M of depreciation and amortization and $8.5M of share-based compensation. Working capital and other items added $402.2M. Capital expenditures of $11.7M left free cash flow of $487.1M.
Questions
What was Enova International's revenue in the fourth quarter 2025?
Enova International (ENVA) reported revenue of $839M for the fourth quarter 2025 (Q4 2025), +15% from a year earlier and +5% from the quarter before.
Was Enova International profitable in the fourth quarter 2025?
Operating profit was $187M (22.2% of revenue) and net earnings $79.0M.