Filing Flows › Jefferson Capital (JCAP) › Q2 2025
Jefferson Capital (JCAP) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Jefferson Capital (JCAP) reported revenue of $153M for the second quarter 2025 (Q2 2025), +47% from a year earlier and -1% from the quarter before. Operating margin was 56.7%, net earnings $47.6M (31.2% of revenue).
Jefferson Capital, Q2 2025: revenue $153M (+47% year over year), operating margin 56.7%, net earnings $47.6M, operating cash flow $78.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $153M | -1% | +47% |
| Operating profit | $86.6M | -3% | +57% |
| Net earnings | $47.6M | -26% | +48% |
| Operating cash flow | $78.9M | +53% | — |
What changed
Revenue was $152.7M in Q2 2025, up 47% year over year and down 1% from the previous quarter. United States was the largest line at 73% of revenue. United States added $42.2M year over year (up 62%), 86% of the total change.
Operating profit was $86.6M, a 56.7% margin (up 3.6 points year over year). Of the extra revenue versus a year earlier, 64% reached operating profit, above the 53% margin then. Total costs grew 36% against revenue growth of 47%. Net earnings were $47.7M, up 48% year over year. The effective tax rate was 23.0%.
Operating cash flow was $78.9M, 166% of net earnings. Non-cash charges added back $1.2M of depreciation and amortization. Working capital and other items added $30.0M.
Questions
What was Jefferson Capital's revenue in the second quarter 2025?
Jefferson Capital (JCAP) reported revenue of $153M for the second quarter 2025 (Q2 2025), +47% from a year earlier and -1% from the quarter before.
Was Jefferson Capital profitable in the second quarter 2025?
Operating profit was $86.6M (56.7% of revenue) and net earnings $47.6M.
Source: Jefferson Capital 10-Q on SEC EDGAR.