Enova International Reports 22% Revenue Jump in Second Quarter

The company reported diluted earnings per share of $4.00, representing a 40% increase over the second quarter of 2025. Adjusted earnings per share reached $4.31, a 33% gain. Credit quality remained a primary driver of these results, as the consolidated net charge-off ratio improved to 7.3%, while the net revenue margin climbed to 61%.

CEO Steve Cunningham noted that the firm has now achieved eight consecutive quarters of year-over-year adjusted EPS growth exceeding 30%. Looking ahead, the company is moving forward with its planned acquisition of Grasshopper Bank, currently awaiting regulatory approval. Enova maintains a liquidity position of $929 million in cash, marketable securities, and available facility capacity as of June 30.