Enova International (ENVA)
NYSE:ENVA
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Earnings Data
Report Date
Jul 23, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
3.97Last Year’s EPS
3.23Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was broadly positive: management reported strong top-line growth (originations +33%, revenue +17%), record revenue and meaningful EPS expansion (+30%), improved credit metrics (consolidated NCO down 100 bps to 7.6%), solid liquidity and funding execution, and raised near-term guidance. Key risks discussed include higher operating and marketing expenses (operating expenses 36% of revenue; marketing 22%), still-elevated consumer charge-offs (14.3%), ongoing macro sensitivity to energy prices, and regulatory/timing uncertainty around the Grasshopper Bank acquisition. On balance, the favorable growth, improved credit trends, raised outlook, and strategic initiatives outweigh the manageable headwinds.Company Guidance
Record Revenue and Strong EPS Expansion
Total company revenue increased 17% year over year to a record $875.0M in Q1 2026; adjusted EPS rose 30% year over year to $3.87 per diluted share.
Robust Originations and Portfolio Growth
Total company originations grew 33% year over year to ~$2.3B and combined loan & finance receivables (portfolio) increased 28% year over year to nearly $5.3B.
Small Business (SMB) Outperformance
SMB originations increased 42% year over year to $1.7B; SMB revenue rose 37% to $418M; SMB receivables ended the quarter at $3.7B (≈70% of portfolio) and were ~39% higher than end of 2025.
Consumer Business Reacceleration and Stability
Consumer originations grew 10% year over year to $559M; consumer revenue increased 3% to $446M; consumer receivables totaled $1.6B, about 8% higher than end of 2025, with credit metrics stable or improving.
Improving Credit Metrics and Strong Net Revenue Margin
Consolidated net charge-off ratio declined 100 bps year over year to 7.6% (the lowest consolidated quarterly rate since 2023); consumer NCO fell to 14.3% (-90 bps YoY) and SMB NCO remained stable at 4.6%. Consolidated net revenue margin was 60% in Q1 and fair value premium remained stable at 115%.
Solid Liquidity and Funding Execution
Ended Q1 with approximately $1.1B of liquidity (≈$436M cash & marketable securities + $654M available debt facility capacity); upsized four secured warehouse facilities by $377M at existing terms; cost of funds modestly improved to 8.2% (from 8.3% in Q4).
Raised Near-Term Outlook and Clear Forward Guidance
Company raised outlook: Q2 2026 revenue expected +15% to +20% YoY with net revenue margin 55%–60%; full-year originations expected ~20% higher than 2025 and management expects adjusted EPS growth of at least ~25% (CFO also noted a 20%–25% range in guidance scenarios).
Strategic Technology and M&A Initiatives
Continued investment in machine learning, automation and applied/generative AI to drive efficiencies and risk management; progressing on combination with Grasshopper Bank with expected net synergies that should drive >25% adjusted EPS accretion within first two years post-close (target close: second half of 2026).
ENVA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ENVA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2026 | $169.42 | $166.65 | -1.63% |
Jan 27, 2026 | $157.70 | $159.26 | +0.99% |
Oct 23, 2025 | $114.03 | $124.70 | +9.36% |
Jul 24, 2025 | $111.74 | $105.82 | -5.30% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Enova International (ENVA) report earnings?
Enova International (ENVA) is schdueled to report earning on Jul 23, 2026, After Close (Confirmed).
What is Enova International (ENVA) earnings time?
Enova International (ENVA) earnings time is at Jul 23, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ENVA EPS forecast?
ENVA EPS forecast for the fiscal quarter 2026 (Q2) is 3.97.