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Enova International Reports Third Quarter 2025 Results

On October 23, 2025, Enova International (NYSE: ENVA), a prominent online financial services company, announced its financial results for the third quarter ending September 30, 2025. The data highlights a robust growth trajectory fueled by strong market demand and stable credit performance.

Key Financial Highlights

1. Revenue Surge: Enova reported total revenue of $803 million, an increase of 16% from $690 million in Q3 2024.
2. Earnings Growth: Diluted earnings per share soared to $3.03, marking a striking 93% increase compared to $1.57 in the previous year. Adjusted earnings per share also improved significantly, rising 37% to $3.36 from $2.45.
3. Credit Performance: The consolidated credit performance remained consistent, with a net charge-off ratio of 8.5% and a net revenue margin maintaining at 57%. Notably, the 30+ day delinquency ratio saw a year-over-year improvement, dropping to 7.2%.
4. Liquidity Position: As of September 30, 2025, Enova held a robust liquidity position of $1.2 billion, comprising cash, marketable securities, and available facility capacities, further ensuring strategic flexibility for growth.
5. Share Repurchase Program: During this quarter, the company repurchased $38 million of its common stock, showcasing its confidence in the company's long-term value and shareholder returns.

Leadership Insights

David Fisher, CEO of Enova, expressed satisfaction with the quarterly results, attributing the company's success to effective demand management and stable credit performance across its small business (SMB) and consumer segments. He credited the robust growth to the company’s diversified product offerings and advanced machine learning models, enhancing operational efficiency.

Looking ahead, Fisher mentioned his excitement for the future under incoming CEO Steve Cunningham in January. He conveyed a strong belief in the company's methodical focused growth approach, emphasizing their continuous commitment to addressing customer needs and generating shareholder value.

Financial Stability and Future Outlook

Steve Cunningham, CFO, reinforced the company’s confidence in its financial strategy, highlighting six consecutive quarters of year-over-year adjusted EPS growth of at least 25%. The stable credit environment combined with operational efficiencies establishes a solid foundation for achieving sustainable results throughout the remainder of 2025 and into the future.

As Enova continues to navigate the evolving financial landscape, its growth in loans and finance receivables - which climbed to a record $4.5 billion - reflects its ongoing commitment to providing innovative financial solutions to underserved markets.

Conclusion

In summary, Enova International's Q3 2025 performance illustrates the company's resilience and growth potential in the financial services industry. With substantial revenue gains, improving credit metrics, and a strong leadership transition on the horizon, Enova is well-positioned for continued success in meeting the diverse needs of its clientele while fostering shareholder confidence.