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ENVA

Enova International, Inc.

ENVA

Enova International, Inc. • NYSE
$131.09 ▲ 0.36% (+0.47)
Market Cap $3.25 B
52w High $133.33
52w Low $79.41
Dividend Yield 0%
P/E 12.13
Volume 61.33K
Outstanding Shares 24.80M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $802.678M ▲ $176.978M ▲ $80.314M ▲ 10.006% ▲ $3.22 ▲ $122.177M ▲
Q2-2025 $764.043M ▲ $174.571M ▲ $76.149M ▲ 9.967% ▲ $3.01 ▲ $111.673M ▲
Q1-2025 $745.541M ▲ $173.734M ▼ $72.945M ▲ 9.784% ▲ $2.84 ▲ $101.421M ▲
Q4-2024 $729.551M ▲ $180.851M ▲ $63.695M ▲ 8.731% ▲ $2.44 ▲ $88.403M ▲
Q3-2024 $689.924M $169.74M $43.414M 6.293% $1.64 $86.851M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $53.6M ▼ $5.962B ▲ $4.679B ▲ $1.284B ▲
Q2-2025 $55.56M ▲ $5.725B ▲ $4.496B ▲ $1.229B ▲
Q1-2025 $55.514M ▼ $5.457B ▲ $4.261B ▲ $1.197B ▼
Q4-2024 $73.91M ▲ $5.266B ▲ $4.069B ▲ $1.197B ▲
Q3-2024 $67.5M $4.976B $3.797B $1.179B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $80.314M ▲ $481.802M ▲ $-605.146M ▼ $100.778M ▼ $-22.478M ▼ $470.457M ▲
Q2-2025 $76.149M ▲ $447.364M ▲ $-528.236M ▼ $148.626M ▲ $67.587M ▲ $436.14M ▲
Q1-2025 $72.945M ▲ $391.144M ▼ $-509.59M ▲ $107.327M ▼ $-10.812M ▼ $378.269M ▼
Q4-2024 $63.695M ▲ $430.52M ▲ $-578.963M ▼ $216.971M ▲ $68.288M ▲ $420.342M ▲
Q3-2024 $43.414M $398.551M $-482.282M $66.752M $-16.925M $387.619M

Five-Year Company Overview

Income Statement

Income Statement Enova’s revenue has grown steadily over the last five years, suggesting its lending platforms are attracting more customers and higher loan volumes. Profitability at the operating level has generally improved, showing better cost control and scale benefits. However, bottom-line profit has not kept pace with revenue growth and is still below peak levels from a few years ago, which hints at rising credit costs, higher funding costs, or more conservative provisioning. Earnings per share have recently recovered somewhat, but the longer trend is flatter, pointing to a business that is growing in size yet still working to fully translate that growth into stronger, more consistent net profits.

Balance Sheet

Balance Sheet The balance sheet shows a company that has expanded aggressively, with assets growing meaningfully as Enova has built a larger loan book. This growth has been funded largely with additional debt, while equity has only inched up, resulting in higher financial leverage. For a lender, using more debt is common, but it does increase sensitivity to credit losses and funding market conditions. Cash on hand is relatively lean, implying that most capital is deployed into loans rather than held as idle liquidity, which is efficient but leaves less cushion if conditions worsen. Overall, the balance sheet supports growth but carries the typical risks of a leveraged, non-prime credit provider.

Cash Flow

Cash Flow Operating cash flow has strengthened over time, indicating that the core lending activities are generating more cash even as the business scales. Free cash flow closely tracks operating cash flow because the company has modest spending needs for physical assets, which is consistent with an online, tech-driven model. This pattern suggests that Enova can grow without heavy capital investment, relying instead on its data, systems, and funding lines. The main uncertainty lies not in the cash conversion of operations, which looks solid, but in how credit conditions and borrower performance will affect cash flows in future cycles.

Competitive Edge

Competitive Edge Enova occupies a focused niche in serving non-prime consumers and small businesses that are often ignored or underserved by traditional banks. Its strength comes from years of experience in this segment, a broad range of brands and products, and a fully online model that allows fast decisions and funding. The company’s proprietary data and lending models create barriers for new entrants, and its diversification between consumer and small business lending adds some resilience across different economic conditions. At the same time, Enova operates in a heavily scrutinized corner of financial services, where regulation, reputation risk, and competition from both fintechs and banks can shift quickly.

Innovation and R&D

Innovation and R&D Innovation is a core part of Enova’s identity, anchored by its AI-driven Colossus platform, which uses large amounts of proprietary data to assess risk in real time. This technology advantage enables rapid underwriting decisions and more tailored pricing for borrowers who lack traditional credit profiles. The company continues to refine its algorithms, explore new uses for AI across the customer journey, and potentially partner with established banks that want to reach non-prime customers. Future growth may also come from expanding products, using richer data sources, and entering new geographies, but these moves would need careful execution and regulatory navigation.

Summary

Enova has transformed itself into a larger, technology-led lender with strong revenue growth and improved operating performance, though net profits have been slower to advance. The balance sheet reflects a classic lending profile: growing assets funded by rising leverage, which boosts returns in good times but makes credit discipline and risk management critical. Cash generation is a relative bright spot, helped by an asset-light, online model. Competitively, Enova benefits from deep specialization in underserved markets and a sophisticated AI infrastructure, giving it an edge in speed and underwriting accuracy. The main watchpoints are credit quality, regulatory changes, and funding costs, all of which can meaningfully influence outcomes in a non-prime, highly scrutinized lending business.

NEWS

November 12, 2025 · 4:16 PM UTC

ENOVA ANNOUNCES NEW $400 MILLION SHARE REPURCHASE PROGRAM

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November 5, 2025 · 4:16 PM UTC

Enova To Present at the Stephens Investment NASH2025 Conference

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October 23, 2025 · 4:16 PM UTC

Enova Reports Third Quarter 2025 Results

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October 22, 2025 · 9:00 AM UTC

New Report: Small Businesses Remain Confident in Growth Opportunities, while Exploring AI and Waiting Out Tariff Effects

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October 9, 2025 · 4:16 PM UTC

Enova Announces Date of Third Quarter 2025 Financial Results Conference Call

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