Filing Flows › Ezcorp (EZPW) › Q3 FY25
Ezcorp (EZPW) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Jul 30, 2025
Ezcorp (EZPW) reported revenue of $311M for the third quarter fiscal 2025 (Q3 FY25), +11% from a year earlier and +2% from the quarter before. Operating margin was 11.6%, net earnings $26.5M (8.5% of revenue).
Ezcorp, Q3 FY25: revenue $311M (+10% year over year), operating margin 11.6%, net earnings $26.5M, operating cash flow $34.8M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $311M | +2% | +11% |
| Gross profit | $184M | +3% | +10% |
| Operating profit | $36.0M | +5% | +62% |
| Net earnings | $26.5M | +4% | +48% |
| Operating cash flow | $34.8M | -6% | +3% |
| Free cash flow | $25.7M | -10% | -16% |
What changed
Revenue was $311.0M in Q3 FY25, up 11% year over year and up 2% from the previous quarter. Merchandise sales was the largest line at 54% of revenue. Jewelry scrapping sales added $11.6M year over year (up 75%), 39% of the total change. Other revenues declined 14%.
Gross margin was 59.1%, down 0.2 points from a year earlier. Operating profit was $36.0M, a 11.6% margin (up 3.7 points year over year). Of the extra revenue versus a year earlier, 47% reached operating profit, above the 8% margin then. Operating expenses grew 2% against revenue growth of 11%. Net earnings were $26.5M, up 48% year over year. The effective tax rate was 23.7%.
Operating cash flow was $34.8M (up 3% year over year), 131% of net earnings. Non-cash charges added back $8.0M of depreciation and amortization and $4.2M of share-based compensation. Working capital and other items used $3.9M. Capital expenditures of $9.1M left free cash flow of $25.7M.
Questions
What was Ezcorp's revenue in the third quarter fiscal 2025?
Ezcorp (EZPW) reported revenue of $311M for the third quarter fiscal 2025 (Q3 FY25), +11% from a year earlier and +2% from the quarter before.
Was Ezcorp profitable in the third quarter fiscal 2025?
Operating profit was $36.0M (11.6% of revenue) and net earnings $26.5M.
Source: Ezcorp 10-Q on SEC EDGAR.