Filing Flows › Ezcorp (EZPW) › Q3 FY26
Ezcorp (EZPW) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Aug 5, 2026
Ezcorp (EZPW) reported revenue of $419M for the third quarter fiscal 2026 (Q3 FY26), +35% from a year earlier and -6% from the quarter before. Operating margin was 13.1%, net earnings $38.2M (9.1% of revenue).
Ezcorp, Q3 FY26: revenue $419M (+35% year over year), operating margin 13.1%, net earnings $38.2M, operating cash flow $42.8M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $419M | -6% | +35% |
| Gross profit | $246M | -5% | +34% |
| Operating profit | $54.8M | -19% | +52% |
| Net earnings | $38.2M | -22% | +44% |
| Operating cash flow | $42.8M | -12% | +23% |
| Free cash flow | $32.9M | -13% | +28% |
What changed
Revenue was $418.7M in Q3 FY26, up 35% year over year and down 6% from the previous quarter. Merchandise sales was the largest line at 50% of revenue. Merchandise sales added $41.0M year over year (up 24%), 38% of the total change. Other revenues declined 10%.
Gross margin was 58.8%, down 0.3 points from Q3 FY25. Operating profit was $54.8M, a 13.1% margin (up 1.5 points year over year). Of the extra revenue versus Q3 FY25, 17% reached operating profit, above the 12% margin then. Operating expenses grew 30% against revenue growth of 35%. The fastest-growing cost line was Other operating costs (+31%). Net earnings were $38.2M, up 44% year over year. The effective tax rate was 26.0%.
Operating cash flow was $42.8M (up 23% year over year), 111% of net earnings. Non-cash charges added back $9.7M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items used $9.5M. Capital expenditures of $9.9M left free cash flow of $32.9M.
Questions
What was Ezcorp's revenue in the third quarter fiscal 2026?
Ezcorp (EZPW) reported revenue of $419M for the third quarter fiscal 2026 (Q3 FY26), +35% from a year earlier and -6% from the quarter before.
Was Ezcorp profitable in the third quarter fiscal 2026?
Operating profit was $54.8M (13.1% of revenue) and net earnings $38.2M.
Source: Ezcorp 10-Q on SEC EDGAR.