Enova International, Inc. reported significant financial growth in its latest quarterly results, with total revenue reaching $764.0 million for the three months ended June 30, 2025, a 21.6% increase from $628.4 million in the same period last year. The company's net revenue also rose to $441.5 million, up from $370.2 million, reflecting a net revenue margin of 57.8%. Net income for the quarter was $76.1 million, compared to $53.9 million in the prior year, resulting in diluted earnings per share of $2.86, up from $1.93.
The company experienced notable growth in both its consumer and small business loan portfolios, with revenue from small business loans increasing by 29.6% and consumer loans by 16.5%. The total loans and finance receivables at fair value reached $4.77 billion, up from $3.94 billion a year earlier. This growth was attributed to higher levels of originations leading to increased loan balances across both segments. The company also reported a 17.0% increase in the ending balance of combined consumer loans and finance receivables, totaling $1.52 billion.
Operationally, Enova has expanded its customer base and improved its engagement metrics, processing approximately 3.9 million transactions in 2024. The company continues to leverage its proprietary technology and analytics to enhance its underwriting processes and customer service capabilities. As of June 30, 2025, Enova had 25,012,613 shares of common stock outstanding, reflecting a slight decrease in shares compared to the previous year due to ongoing stock repurchase activities.
Looking ahead, Enova remains focused on strategic growth initiatives, including the expansion of its product offerings and geographic reach. The company has also been actively managing its debt, with total liabilities amounting to $4.50 billion as of June 30, 2025. Enova's management expressed confidence in the company's ability to navigate regulatory challenges and market conditions, particularly following a recent consent order with the Consumer Financial Protection Bureau, which requires compliance with certain operational restrictions. The company anticipates continued growth in its loan portfolios and expects to maintain sufficient liquidity to support its operations and strategic objectives.
About Enova International, Inc.
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