Enova Posts 22 Percent Q2 Revenue Gain
Enova International (NYSE:ENVA), a digital financial services company focused on non-prime consumer and small business lending, released its quarterly earnings on July 24, 2025, covering the second quarter of fiscal 2025. The most significant news was that the company outperformed both revenue (GAAP) and earnings (non-GAAP) estimates, reporting Non-GAAP earnings per share (EPS) of $3.23 compared to analysts’ projections of $2.98, and GAAP revenue of $764 million over the $756.58 million estimate. This marked the fifth straight quarter of over 20% year-over-year growth in both revenue and originations. The quarter was highlighted by continued strength in new and repeat lending activity, with some caution warranted regarding increased net charge-off ratios and a modest drop in net revenue margin. Overall, the company delivered a solid quarter, outpacing expectations in profitability and revenue growth.
Source: Analyst estimates for the quarter provided by FactSet.
Enova International provides digital lending solutions primarily to non-prime consumers and small businesses. Its brands, such as CashNetUSA, NetCredit, and OnDeck, offer online personal loans, lines of credit, and small business financing. Enova’s key differentiator is its use of advanced analytics and machine learning to underwrite and manage credit risk at scale, enabling quick funding decisions and efficient risk management.
Source Fool.com
