FirstCash Highlights Strong 2025 Results and Pawn Expansion

FirstCash ( (FCFS) ) has issued an announcement.

FirstCash Holdings has published its latest investor presentation on its corporate website, outlining trailing twelve-month results through December 31, 2025, including $3.7 billion in revenue, GAAP net income of $330 million, adjusted net income of $390 million, adjusted EBITDA of $698 million and adjusted free cash flow of $307 million. The company reported that in the fourth quarter of 2025 GAAP net income and earnings per share rose about 25% year over year, highlighting strong momentum in its pawn-led model.

Management emphasized that pawn operations in the U.S., Latin America and the U.K. account for roughly 90% of projected 2026 segment contribution and that the business has historically performed well across economic cycles, benefiting when unsecured credit tightens. With over 3,300 stores as of year-end 2025, 1,697 of them opened or acquired since 2017, FirstCash continues to execute a long-term strategy of aggressive pawn footprint expansion and data-driven underwriting, a combination that underscores its growing scale and could further entrench its competitive position in serving cash-constrained consumers.

The most recent analyst rating on (FCFS) stock is a Hold with a $201.00 price target. To see the full list of analyst forecasts on FirstCash stock, see the FCFS Stock Forecast page.

Spark’s Take on FCFS Stock

According to Spark, TipRanks’ AI Analyst, FCFS is a Neutral.

The score is driven primarily by solid financial performance (growth, improving margins, and healthy cash generation) but is held back by the 2025 leverage increase and slowing free-cash-flow trend. Technicals are supportive of an uptrend but appear overbought, and valuation (P/E ~24.7 with a sub-1% yield) is a modest headwind.

To see Spark’s full report on FCFS stock, click here.

More about FirstCash

FirstCash Holdings, Inc. operates in the specialty finance and retail sector as a leading international pawn store operator with more than 3,300 retail pawn locations and about 22,000 employees. Its core business provides quick, small, fully collateralized pawn loans and sells pre-owned consumer goods such as jewelry, electronics, tools, appliances, sporting goods and musical instruments to predominantly unbanked, under-banked and credit-challenged customers across the U.S., Latin America and the U.K.

Pawn operations are the primary earnings driver, contributing roughly 90% of segment performance as of December 31, 2025, while a retail point-of-sale payment solutions business provides additional revenue diversification. The company pursues growth through opening new “de novo” stores, acquiring existing pawn chains in strategic markets and boosting revenue and operating profit per store, supported by a proprietary data ecosystem that optimizes lending decisions, pricing and retail margins across some 14 million annual transactions.

Average Trading Volume: 255,407

Technical Sentiment Signal: Buy

Current Market Cap: $8.67B

For detailed information about FCFS stock, go to TipRanks’ Stock Analysis page.