Enova International reported record results for the third quarter 2026, surpassing $1 billion in quarterly revenue for the first time in its history. Growth was supported by robust demand and consistent credit performance, with originations and total receivables both increasing approximately 30% year-over-year while net charge-off ratios moderated.
Key Highlights
- Total revenue of $1.01 billion rose 26% year-over-year, exceeding the consensus estimate of $1.00 billion.
- Adjusted earnings per share reached $4.48, a 33% increase from the prior year and ahead of the $4.42 analyst estimate.
- Consolidated originations jumped 31% to $2.6 billion, driving total combined loans and finance receivables to a record $5.9 billion.
- Credit quality showed sequential stability, with the consolidated net charge-off ratio improving to 8.1% from 8.5% in the third quarter of 2025.
- Capital return continued with $46 million in share repurchases during the quarter, leaving $252 million in remaining capacity.