Jefferson Capital (JCAP) Q4 FY2025 earnings: revenue $155 million

Jefferson Capital, Inc. (JCAP) reported revenue of $155 million for Q4 FY2025, the quarter ended 31 December 2025. Net income was $38 million. The figures are the company's own, from the 10-K it filed with the SEC on 13 March 2026.

Revenue$155 million

Net income$38 million

Diluted EPSn/a

QuarterQ4 FY2025ended 31 December 2025

The quarter, against the one before and a year earlier

Line	Q4 FY2025	Q3 FY2025	A year earlier	Change on the year
Revenue	155	151	n/a	n/a
Operating income	70.6	70.0	n/a	n/a
Operating margin	45.6%	46.4%	n/a
Interest expense	28.7	26.5	n/a	n/a
Pre-tax income	44.1	45.5	n/a	n/a
Income tax	6.4	7.2	n/a	n/a
Effective tax rate	14.5%	15.7%	n/a
Net income	37.7	38.4	n/a	n/a
Net margin	24.4%	25.4%	n/a
Diluted EPS	n/a	$0.59	n/a	n/a

$ 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 and capital returned

Line	Q4 FY2025	Q3 FY2025	A year earlier	Change on the year
Operating cash flow	75.2	63.1	n/a	n/a
Capital expenditure	n/a	0.1	n/a	n/a
Free cash flow	n/a	63.0	n/a	n/a
Free cash flow margin	n/a	41.7%	n/a
Cash from investing	-280	-54.6	n/a	n/a
Cash from financing	209	-15.9	n/a	n/a
Depreciation and amortisation	1.0	1.4	n/a	n/a
Share-based compensation	8.4	8.8	n/a	n/a
Dividends paid	15.5	15.5	n/a	n/a
Dividend per share	n/a	$0.24	n/a	n/a
Diluted shares, weighted	30m	58m	n/a	n/a
Shares outstanding at period end	58m	58m	n/a	n/a

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

Balance sheet at quarter end

Line	Q4 FY2025	Q3 FY2025	A year earlier	Change on the year
Shareholders' equity	476	437	n/a	n/a
Debt	1,754	1,183	n/a	n/a
Other liabilities	n/a	183	n/a	n/a
Total liabilities and equity	2,087	1,803	n/a	n/a
Fixed assets	1.7	1.9	n/a	n/a
Goodwill	58.0	57.9	n/a	n/a
Intangible assets	6.5	n/a	n/a	n/a
Cash and equivalents	23.2	42.3	n/a	n/a
Other assets	1,998	1,701	n/a	n/a
Total assets	2,087	1,803	n/a	n/a

Questions

What was Jefferson Capital's revenue in Q4 FY2025?

Jefferson Capital (JCAP) reported revenue of $155 million for Q4 FY2025, the quarter ended 31 December 2025.

How much did Jefferson Capital earn in Q4 FY2025?

Net income for Q4 FY2025 was $38 million.

When did Jefferson Capital report Q4 FY2025 results?

Jefferson Capital filed its 10-K for the year that ended with the quarter on 13 March 2026; the fourth quarter is the year less the first three.

Quarterly results, the last 8 quarters

	Q2 FY2024	Q3 FY2024	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026
Revenue	104	111	155	153	151	155	176	178
Operating income	55.1	59.4	89.3	86.6	70.0	70.6	80.2	81.4
Operating margin	53%	54%	58%	57%	46%	46%	45%	46%
Interest expense	18.2	19.8	24.8	25.8	26.5	28.7	30.6	30.4
Pre-tax income	34.1	39.2	66.9	61.9	45.5	44.1	51.1	53.3
Tax rate	6%	6%	4%	23%	16%	14%	26%	23%
Net income	32.2	36.9	64.2	47.7	38.4	37.7	37.6	41.3
Net margin	31%	33%	41%	31%	25%	24%	21%	23%
Diluted EPS	n/a	n/a	n/a	$16.76	$0.59	n/a	$0.61	$0.67
Operating cash flow	n/a	7.7	51.7	78.9	63.1	75.2	39.6	43.3
Capital expenditure	n/a	0.1	n/a	n/a	0.1	n/a	n/a	n/a
Free cash flow	n/a	7.6	n/a	n/a	63.0	n/a	n/a	n/a
Buybacks	n/a	n/a	0.0	0.0	n/a	n/a	58.9	0.0
Dividends paid	n/a	20.0	16.0	16.4	15.5	15.5	0.0	29.6
Shares outstanding	58m	58m	55m	58m	58m	58m	55m	57m
Filing	10-Q	10-Q	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

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. 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. EPS is as filed for each quarter. A split or a bonus issue changes the share count, so quarters before it are on the old count.

10-K for the period ended 31 December 2025, filed 13 March 2026: the filing.