Enova Q2 2026 Net Income Tops $105 Million

Enova International reported strong Q2 2026 results with revenue of about $929 million, up about 22% year over year. Diluted EPS rose 40% to $4.00, while adjusted EPS was $4.31, up 33% from the prior year. Originations jumped 27% to about $2.3 billion, underscoring solid demand and growth in its online lending platform. The company’s net revenue margin improved to about 61%, and the net charge-off ratio declined to 7.3%, signaling improved credit performance. Management highlighted regulatory challenges around its planned Grasshopper Bank acquisition but remains focused on closing the deal later this year and lifting full-year guidance. Enova's brands include CashNetUSA, NetCredit, OnDeck, and Pangea, and the update notes continued momentum in serving underserved consumers and small businesses in the US and Brazil.