Filing Flows › Ezcorp (EZPW) › Q3 FY26 › vs Q3 FY25
Ezcorp (EZPW) Q3 FY26 vs Q3 FY25 (year over year)
Ezcorp's revenue rose $108M (+35%) from $311M in Q3 FY25 to $419M in Q3 FY26. The biggest changes: Merchandise sales +$41.0M (+24%); Pawn service charges +$37.1M (+32%); Jewelry scrap sales +$29.6M (+110%). Gross margin 58.8% against 59.1% (-0.3 pts).
Ezcorp, Q3 FY26: revenue $419M (+35% year over year), operating margin 13.1%, net earnings $38.2M, operating cash flow $42.8M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 58.8% | 59.1% | -0.3 pts |
| Operating margin | 13.1% | 11.6% | +1.5 pts |
| Net margin | 9.1% | 8.5% | +0.6 pts |
| Free cash flow margin | 7.9% | 8.3% | -0.4 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Merchandise sales | $210M | $169M | $41.0M | +24% |
| Pawn service charges | $152M | $115M | $37.1M | +32% |
| Jewelry scrap sales | $56.6M | $27.0M | $29.6M | +110% |
| Other revenues | $43K | $48K | −$5K | -10% |
| Revenue | $419M | $311M | $108M | +35% |
| Gross profit | $246M | $184M | $62.5M | +34% |
| Cost of revenue | $173M | $127M | $45.2M | +36% |
| Operating profit | $54.8M | $36.0M | $18.8M | +52% |
| Operating expenses | $191M | $148M | $43.7M | +30% |
| Pre-tax earnings | $52.0M | $34.7M | $17.3M | +50% |
| Other expense, net | $2.8M | $1.3M | $1.5M | +119% |
| General & admin | $34.0M | $27.5M | $6.5M | +24% |
| Other operating costs | $157M | $120M | $37.2M | +31% |
| Net earnings | $38.2M | $26.5M | $11.7M | +44% |
| Minority interests | $295K | $0 | $295K | — |
| Income tax | $13.5M | $8.2M | $5.3M | +65% |
| Depreciation & amortization | $9.7M | $8.0M | $1.6M | +21% |
| Share-based compensation | $4.1M | $4.2M | −$102K | -2% |
| Working capital & other | $9.2M | $3.9M | $5.3M | +134% |
| Operating cash flow | $42.8M | $34.8M | $8.0M | +23% |
| Free cash flow (OCF − capex) | $32.9M | $25.7M | $7.2M | +28% |
| Capital expenditures | $9.9M | $9.1M | $813K | +9% |
Questions
How much did Ezcorp's revenue grow year over year in Q3 FY26?
Ezcorp's revenue rose $108M (+35%) from $311M in Q3 FY25 to $419M in Q3 FY26.
What drove Ezcorp's revenue change in Q3 FY26?
Merchandise sales +$41.0M (+24%); Pawn service charges +$37.1M (+32%); Jewelry scrap sales +$29.6M (+110%).