{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-013984","form_type":"8-K","ticker":"WRLD","cik":"0000108385","company_name":"WORLD ACCEPTANCE CORP","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.927250+00:00","generated_at":"2026-05-15T00:32:23.802703+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"World Acceptance Q4 net income falls 18% to $36.5M; gross loans up 4.4% YoY","bullets":["Net income $36.5M ($7.70 diluted EPS) vs $44.3M ($8.13) in Q4 FY25, a decline of $7.8M.","Gross loans outstanding $1.28B, +4.4% YoY; new customer loans decreased to 8.2% of portfolio.","Provision for credit losses $36.8M (+$3.8M YoY); net charge-offs 18.7% of avg loans vs 18.5%.","G&A expenses $81.5M (+23.6%); personnel expense up 33.2% due to share-based comp and hiring.","FY26 net income $35.0M ($6.97 EPS) vs $89.7M ($16.30) in FY25; debt-to-equity ratio 1.7:1."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-013984","json":"https://secwatch.observer/filing/0001437749-26-013984.json","markdown":"https://secwatch.observer/filing/0001437749-26-013984.md","text":"https://secwatch.observer/filing/0001437749-26-013984.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/108385/000143774926013984/0001437749-26-013984-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/108385/000143774926013984/wrld20260429_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T00:32:23.802703+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dfb3b97441053e6ea3c6a5ca7175ae6deffed849","claim":"WORLD ACCEPTANCE CORP reported fourth quarter of fiscal 2026 results: revenue Total revenues for the fourth quarter of fiscal 2026 increased to $177.6 million, net income The fourth quarter's $36.5 million net income was a $7.8 million decrease from net income of $44.3 million for the same, EPS Net income per diluted share was $7.70 in the fourth quarter of fiscal 2026.","evidence_excerpt":"The fourth quarter's $36.5 million net income was a $7.8 million decrease from net income of $44.3 million for the same quarter of the prior year. Net income per diluted share was $7.70 in the fourth quarter of fiscal 2026, as compared to net income per diluted share of $8.13 for the same quarter of the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/108385/000143774926013984/0001437749-26-013984-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of fiscal 2026"},{"label":"Revenue","value":"Total revenues for the fourth quarter of fiscal 2026 increased to $177.6 million"},{"label":"Net income","value":"The fourth quarter's $36.5 million net income was a $7.8 million decrease from net income of $44.3 million for the same"},{"label":"EPS","value":"Net income per diluted share was $7.70 in the fourth quarter of fiscal 2026"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}