Filing Flows › Jefferson Capital (JCAP) › Q2 2026
Jefferson Capital (JCAP) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Jefferson Capital (JCAP) reported revenue of $178M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +0.6% from the quarter before. Operating margin was 45.9%, net earnings $41.3M (23.3% of revenue).
Jefferson Capital, Q2 2026: revenue $178M (+16% year over year), operating margin 45.9%, net earnings $41.3M, operating cash flow $43.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $178M | +0.6% | +16% |
| Operating profit | $81.4M | +2% | -6% |
| Net earnings | $41.3M | +10% | -13% |
| Operating cash flow | $43.3M | +9% | -45% |
What changed
Revenue was $177.5M in Q2 2026, up 16% year over year and up 1% from the previous quarter. United States was the largest line at 72% of revenue. United States added $17.8M year over year (up 16%), 72% of the total change.
Operating profit was $81.4M, a 45.9% margin (down 10.9 points year over year). Operating profit fell $5.2M even though revenue rose $24.8M versus Q2 2025, so costs grew faster than sales. Total costs grew 45% against revenue growth of 16%. Net earnings were $41.3M, down 13% year over year. The effective tax rate was 22.6%.
Operating cash flow was $43.3M (down 45% year over year), 105% of net earnings. Non-cash charges added back $844K of depreciation and amortization and $8.3M of share-based compensation. Working capital and other items used $7.2M.
Questions
What was Jefferson Capital's revenue in the second quarter 2026?
Jefferson Capital (JCAP) reported revenue of $178M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +0.6% from the quarter before.
Was Jefferson Capital profitable in the second quarter 2026?
Operating profit was $81.4M (45.9% of revenue) and net earnings $41.3M.
Source: Jefferson Capital 10-Q on SEC EDGAR.