The strong beat and raised trajectory (record PLO, revenue, and earnings) reinforce EZCORP's growth story. Traders should watch for upward analyst revisions and potential near-term momentum. The SMG integration will be key; any further M&A or store growth announcements could provide additional catalysts.
Price Chart
Executive Summary
EZCORP reported record Q2 FY2026 results, with revenue up 46% YoY to $446.9M and diluted EPS of $0.61, significantly exceeding the Street consensus of $0.36. The beat was driven by strong organic growth across U.S. and Latin America pawn segments, favorable gold prices, and the first full quarter contribution from the SMG acquisition. Net income attributable to EZCORP surged 93% to $49.1M.
Key Financial Metrics
Key Facts
- Revenue increased 46% YoY to $446.9M, a record high
- Diluted EPS of $0.61 beat consensus of $0.36 by 69%
- Net income attributable to EZCORP rose 93% to $49.1M
- Adjusted EBITDA grew 76% to $76.9M
- Pawn loans outstanding (PLO) rose 33% to $349.4M
- Added 123 stores in the quarter, including the SMG acquisition (105 stores)
- U.S. Pawn segment contribution up 59% to $78.1M
- Merchandise sales gross margin improved 200bps to 36%
Financial Impact
Revenue $446.9M, EPS $0.61 vs estimate $0.36, Net income $49.1M, Gross profit $260.0M
Risk Factors
- Gold price volatility could impact jewelry scrap sales margins
- Integration risk from the SMG acquisition (105 stores)
- Foreign exchange headwinds in Latin America (Mexican peso, Guatemalan quetzal)
- Inflation and minimum wage increases in Latin America may pressure store expenses
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000876523-26-000046 |
| Document: ezpw-20260506.htm | 0000876523-26-000046 |
| Document: 0000876523-26-000046-index-headers.html | 0000876523-26-000046 |
| Document: 0000876523-26-000046-index.html | 0000876523-26-000046 |
| Document: 0000876523-26-000046.txt | 0000876523-26-000046 |
| 8-K Data (Synthetic) | 0000876523-26-000046 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | Institutional Cluster | $29.12 | awaiting T+5 | — | $29.15 (+0.10%) |
Jun 12, 2026 19w ago | Institutional Cluster | $31.25 $31.72 | ▼ −1.50% | ▼ −0.83% | $29.15 (+6.72%) |
May 18, 2026 23w ago | 8-K | $33.37 $34.62 | ▲ +3.75% | ▲ +2.13% | $29.15 (−12.65%) |
May 6, 2026 24w ago | 8-K | $32.88 $32.99 | ▲ +0.33% | ▼ −1.17% | $29.15 (−11.34%) |
May 6, 2026 24w ago | Press Release | $32.88 $32.99 | ▲ +0.33% | ▼ −1.17% | $29.15 (−11.34%) |
May 4, 2026 25w ago | Press Release | $33.41 $33.57 | ▲ +0.48% | ▼ −1.51% | $29.15 (−12.75%) |
Feb 23, 2026 35w ago | Insider Cluster | $25.12 $27.17 | ▲ +8.16% | ▲ +7.54% | $29.15 (+16.04%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers