Ezcorp (EZPW) Q4 FY2026 earnings: revenue $447 million, up 32.7% on the year

Ezcorp Inc. (EZPW) reported revenue of $447 million for Q4 FY2026, the quarter ended 30 September 2026, up 32.7% on the same quarter a year earlier. Net income was $34 million, up 28.5% on the year, and diluted earnings per share $0.43. The figures are the company's own, from the 10-K it filed with the SEC on 12 November 2026.

Revenue

$447 million

+32.7% on the year · +6.8% on the quarter

Q1 FY2025Q4 FY2026

Operating margin

12.6%

11.0% a year earlier

Q1 FY2025Q4 FY2026

Net income

$34 million

+28.5% on the year · -10.2% on the quarter

Q1 FY2025Q4 FY2026

Diluted EPS

$0.43

+26.5% on the year · -10.4% on the quarter

Q1 FY2025Q4 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Quarterly net income and EPS rose: Net income attributable to EZCORP rose 28% to $34.3 million. Diluted EPS rose 26% to $0.43, or 23% to $0.43 on an adjusted basis.
Pawn loans outstanding rose 31%: PLO reached $402.8 million, up 31%, or 16% on a same-store basis. Management attributed the growth mainly to additional stores, including SMG, and higher average loan size on jewelry collateral.
Latin America contribution up 56%: Latin America Pawn segment contribution rose 56% to $24.4 million, or 49% to $23.4 million on a constant currency basis. Full-year segment contribution rose 46% to $88.5 million.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q4 FY2026	Q3 FY2026	Q4 FY2025	On the quarter	On the year
Revenue	447	419	337	+6.8%	+32.7%
Gross profit	256	246	199	+3.9%	+28.8%
Gross margin	57.2%	58.8%	59.0%
Operating income	56.4	54.8	37.0	+2.8%	+52.4%
Operating margin	12.6%	13.1%	11.0%
Interest expense	8.9	8.4	8.1	+6.8%	+9.6%
Pre-tax income	47.7	52.0	36.3	-8.3%	+31.5%
Income tax	13.5	13.5	9.6	-0.4%	+40.8%
Effective tax rate	28.2%	26.0%	26.4%
Net income	34.3	38.2	26.7	-10.2%	+28.5%
Net margin	7.7%	9.1%	7.9%
Diluted EPS	$0.43	$0.48	$0.34	-10.4%	+26.5%

$ million except per share.

Fourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q4 FY2026	Q3 FY2026	Q4 FY2025	On the quarter	On the year
Operating cash flow	55.8	42.8	51.3	+30.4%	+8.8%
Capital expenditure	17.6	9.9	15.5	+77.8%	+13.5%
Free cash flow	38.2	32.9	35.7	+16.1%	+6.8%
Free cash flow margin	8.5%	7.9%	10.6%
Cash from investing	-65.8	-67.9	-51.8
Cash from financing	-4.3	-19.1	-1.2
Depreciation and amortisation	10.3	9.7	8.2	+6.7%	+25.9%
Share-based compensation	4.1	4.1	3.3	+0.9%	+27.5%
Buybacks	3.0	4.0	1.0	-25.6%	+199.2%
Diluted shares, weighted	84m	83m	83m	+0.5%	+0.7%
Shares outstanding at period end	61m	61m	61m	-0.2%	+0.8%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q4 FY2026	Q3 FY2026	Q4 FY2025	On the quarter	On the year
Shareholders' equity	1,192	1,165	1,025	+2.4%	+16.3%
Non-controlling interest	0.7	3.1	0.0	-76.1%
Debt	520	519	518	+0.1%	+0.4%
Operating lease liabilities	234	221	185	+5.6%	+26.6%
Finance lease liabilities	0.5	0.4	0.6	+31.0%	-7.0%
Other liabilities	286	257	222	+11.4%	+28.8%
Total liabilities and equity	2,234	2,166	1,951	+3.1%	+14.5%
Fixed assets	96.6	89.0	75.3	+8.5%	+28.2%
Goodwill	479	475	325	+0.8%	+47.5%
Intangible assets	123	125	58.8	-1.0%	+109.9%
Cash and equivalents	295	311	470	-5.1%	-37.1%
Inventory	358	316	248	+13.3%	+44.2%
Other assets	881	850	774	+3.7%	+13.8%
Total assets	2,234	2,166	1,951	+3.1%	+14.5%

Questions

What was Ezcorp's revenue in Q4 FY2026?

Ezcorp (EZPW) reported revenue of $447 million for Q4 FY2026, the quarter ended 30 September 2026, up 32.7% on the same quarter a year earlier.

How much did Ezcorp earn in Q4 FY2026?

Net income for Q4 FY2026 was $34 million, up 28.5% on the year, and diluted earnings per share $0.43.

When did Ezcorp report Q4 FY2026 results?

Ezcorp filed its 10-K for the year that ended with the quarter on 12 November 2026; the fourth quarter is the year less the first three.

Quarterly results, the last 20 quarters

	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026	Q4 FY2026 *
Revenue	221	216	216	233	264	258	256	270	300	286	281	295	320	306	311	337	382	447	419	447
Gross profit	132	129	130	138	152	149	149	159	173	168	167	175	185	178	184	199	223	260	246	256
Gross margin	60%	60%	60%	59%	58%	58%	58%	59%	58%	59%	59%	60%	58%	58%	59%	59%	58%	58%	59%	57%
Operating income	22.2	24.2	13.6	14.9	28.2	26.7	20.6	16.6	37.1	27.3	22.2	26.0	41.9	34.2	36.0	37.0	60.6	67.8	54.8	56.4
Operating margin	10%	11%	6%	6%	11%	10%	8%	6%	12%	10%	8%	9%	13%	11%	12%	11%	16%	15%	13%	13%
Interest expense	2.4	2.5	2.7	2.3	6.2	3.4	3.4	3.5	3.4	3.4	3.5	3.2	3.1	3.3	8.5	8.1	8.2	8.4	8.4	8.9
Pre-tax income	21.3	20.1	13.1	13.2	24.5	-7.3	21.3	13.1	37.7	28.7	23.0	26.3	41.4	34.4	34.7	36.3	59.2	65.5	52.0	47.7
Tax rate	26%	26%	7%	44%	32%	n/a	14%	22%	24%	25%	22%	42%	25%	26%	24%	26%	25%	24%	26%	28%
Net income	15.7	14.9	12.2	7.3	16.8	-6.8	18.2	10.3	28.5	21.5	17.9	15.2	31.0	25.4	26.5	26.7	44.3	49.1	38.2	34.3
Net margin	7%	7%	6%	3%	6%	-3%	7%	4%	9%	8%	6%	5%	10%	8%	9%	8%	12%	11%	9%	8%
Diluted EPS	$0.21	$0.20	$0.17	$0.12	$0.25	-$0.12	$0.24	$0.15	$0.36	$0.29	$0.25	$0.20	$0.40	$0.33	$0.34	$0.34	$0.55	$0.61	$0.48	$0.43
Operating cash flow	9.0	21.6	17.9	18.0	11.7	35.2	27.5	27.5	21.5	15.1	33.7	43.3	26.0	36.9	34.8	51.3	39.1	48.5	42.8	55.8
Capital expenditure	5.0	5.5	7.6	13.8	7.2	11.3	9.3	12.7	7.2	6.5	3.2	18.9	5.6	8.4	9.1	15.5	7.5	10.5	9.9	17.6
Free cash flow	4.0	16.0	10.3	4.2	4.5	23.9	18.2	14.8	14.3	8.6	30.5	24.4	20.4	28.6	25.7	35.7	31.7	38.0	32.9	38.2
Buybacks	0.0	0.0	0.0	2.0	7.0	4.0	3.0	3.0	3.0	3.0	3.0	3.0	3.0	1.0	2.0	1.0	0.0	4.0	4.0	3.0
Shares outstanding	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	55m	55m	61m	61m	62m	62m	61m	61m
Filing	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-K for the period ended 30 September 2026, filed 12 November 2026: the filing.