Enova International, Inc. reported first quarter ended March 31, 2026 results: revenue $875 million, net income $91 million, or $3.46 per diluted share, EPS $3.46 per diluted share.
“Grasshopper’s deposit businesses. We remain well positioned to deliver sustainable and profitable growth this year and beyond.” First Quarter 2026 Summary • Total revenue of $875 million increased 17% from $746 million in the first quarter of 2025. • Net revenue margin of 60% compared to 57% in the first quarter of 2025, reflecting continued solid credit”
Debt Financings
Enova International, Inc. amended revolving credit of $365,000,000 to $465,000,000 with BNP Paribas.
“the Amendment No. 2 increases the commitment amount of the Class A revolving loans from $365,000,000 to $465,000,000 and the commitment amount of the Class B revolving loans from $122,595,000 to $156,183,000”
Debt Financings
Enova International, Inc. amended credit facility of $150,000,000 to $200,000,000 with Midtown Madison Management LLC.
“ubsidiary of the Company, amended that certain Note Issuance and Purchase Agreement, dated February 21, 2024 (the “ NC LOC 2024 Facility ”), by entering into that certain Second Amendment to Note Issuance and Purchase Agreement (the “ Second Amendment ”) with Midtown Madison Management LLC, as administrative agent, Citibank, N.A., as collateral trustee, and the note purchasers party thereto.”
Debt Financings
Enova International, Inc. amended credit facility of $200,000,000 to $275,000,000 with Jefferies Funding LLC.
“rect subsidiary of the Company, amended that certain Note Issuance and Purchase Agreement, dated October 21, 2022 (the “ NCR 2022 Facility ”), by entering into that certain Third Amendment to Note Issuance and Purchase Agreement (the “ Third Amendment ”) with Jefferies Funding LLC, as administrative agent and initial note purchaser, Citibank, N.A., as collateral agent and paying agent, and the note purchasers party thereto.”
Debt Financings
Enova International, Inc. amended revolving credit of $200,000,000 to $300,000,000 with Truist Bank.
“the Twelfth Amendment increases the commitment amount of the Class A revolving loans from $200,000,000 to $300,000,000 and the commitment amount of the Class B revolving loans from $36,842,105.26 to $55,263,157.89”
Material Agreements
Enova International, Inc. amended Amendment No. 2 with BNP Paribas valued at from $365,000,000 to $465,000,000 (effective 2026-03-31).
“On March 31, 2026, HWC Receivables 2023, LLC, a wholly-owned indirect subsidiary of the Company, amended that certain Credit Agreement, dated May 25, 2023 (the “ Headway Facility ”) by entering into that certain Amendment No. 2 to Credit Agreement (the “ Amendment No. 2 ”) with BNP Paribas, as administrative agent and collateral agent, and the lenders party thereto.”
Material Agreements
Enova International, Inc. amended Second Amendment with Midtown Madison Management LLC valued at from $150,000,000 to $200,000,000 (effective 2026-03-30).
“On March 30, 2026, NetCredit LOC Receivables 2024, LLC (“ NC LOC 2024 ”), a wholly-owned indirect subsidiary of the Company, amended that certain Note Issuance and Purchase Agreement, dated February 21, 2024 (the “ NC LOC 2024 Facility ”), by entering into that certain Second Amendment to Note Issuance and Purchase Agreement (the “ Second Amendment ”) with Midtown Madison Management LLC, as administrative agent, Citibank, N.A., as collateral trustee, and the note purchasers party thereto.”
Material Agreements
Enova International, Inc. amended Third Amendment with Jefferies Funding LLC valued at from $200,000,000 to $275,000,000 (effective 2026-03-30).
“On March 30, 2026, NetCredit Receivables 2022, LLC, a wholly-owned indirect subsidiary of the Company, amended that certain Note Issuance and Purchase Agreement, dated October 21, 2022 (the “ NCR 2022 Facility ”), by entering into that certain Third Amendment to Note Issuance and Purchase Agreement (the “ Third Amendment ”) with Jefferies Funding LLC, as administrative agent and initial note purchaser, Citibank, N.A., as collateral agent and paying agent, and the note purchasers party thereto.”
Material Agreements
Enova International, Inc. amended Twelfth Amendment with Truist Bank valued at from $200,000,000 to $300,000,000 (effective 2026-03-30).
“On March 30, 2026, Receivable Assets of OnDeck, LLC, a wholly-owned indirect subsidiary of Enova International, Inc. (the “ Company ”), amended that certain Fourth Amended and Restated Credit Agreement, dated December 17, 2018 (the “ RAOD Facility ”) by entering into that certain Amendment No. 12 to Fourth Amended and Restated Credit Agreement (the “ Twelfth Amendment ”) with Truist Bank, as administrative agent, and the lenders party thereto.”
Debt Financings
Enova International, Inc. amended revolving credit of $825,000,000 with Bank of Montreal at base rate plus 0.50% and from the SOFR rate plus 3.50% to the SOFR rate plus 3.2 maturing August 28, 2029.
“the Third Amendment increases the total commitment amount from $665,000,000 to $825,000,000, extends the maturity date from June 30, 2026 to August 28, 2029 and reduces the interest rate, as applicable, from the base rate plus 0.75% to the base rate plus 0.50% and from the SOFR rate plus 3.50% to the SOFR rate plus 3.25%”
Debt Financings
Enova International, Inc. incurred credit facility of $150,000,000 with Banc of California at SOFR + 4.25% maturing July 17, 2028.
“table summarizes certain aspects of the Loan and Security Agreement: Class A Revolving Loans Class B Revolving Loans Total Facility Commitment Amount $125,000,000 $25,000,000 $150,000,000 Borrowing Rate SOFR + 3.50% SOFR + 8.00% SOFR + 4.25% Borrowing Base Advance Rate 75.0% 90.0% 90.0% Revolving Period Termination July 17, 2027 July 17, 2027 July 17, 2027 Maturity”
Lindsay Y. Corby was elected as Director at Enova International, Inc..
“Effective immediately, the Board of Directors of the Company has elected Lindsay Y. Corby as a member of its Board.”
Material Agreements
Enova International, Inc. entered into Series 2024-1 Indenture Supplement with Deutsche Bank Trust Company Americas valued at $399,574,000 initial principal amount (effective 2024-05-17).
“On May 17, 2024, OnDeck Asset Securitization IV, LLC (“ ODAS IV ”), a wholly-owned indirect subsidiary of Enova International, Inc. (the “ Company ”), issued $399,574,000 initial principal amount of Fixed-Rate Asset Backed Notes (the “ Series 2024-1 Notes ”) in a securitization transaction (the “ Series 2024-1 Transaction ” and such series, the “ 2024-1 Series ” ).”
Shareholder Votes
Enova International, Inc. shareholders approved Approval of the Enova International, Inc. Fourth Amended and Restated 2014 Long-Term Incentive Plan at the 2024-05-08 meeting.
“Proposal No. 4 - Approval of the Enova International, Inc. Fourth Amended and Restated 2014 Long-Term Incentive Plan.”
Shareholder Votes
Enova International, Inc. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year ending December 31, 2024 at the 2024-05-08 meeting.
“Proposal No. 3 - Ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year ending December 31, 2024.”
Shareholder Votes
Enova International, Inc. shareholders approved Non-binding advisory vote to approve the compensation paid to the Company’s named executive officers at the 2024-05-08 meeting.
“Proposal No. 2 - A non-binding advisory vote to approve the compensation paid to the Company’s named executive officers.”
Shareholder Votes
Enova International, Inc. shareholders approved Election of nine directors: Ellen Carnahan, Daniel R. Feehan, David Fisher, William M. Goodyear, James A. Gray, Gregg A. Kaplan, Mark P. McGowan, Linda Johnson Rice and Mark A. Tebbe at the 2024-05-08 meeting.
“Proposal No. 1 - Election of nine members of the Company’s Board of Directors for a one-year term to expire at the 2025 Annual Meeting of Stockholders.”
Earnings Releases
Enova International, Inc. reported the first quarter ended March 31, 2024 results: revenue $610 million, net income $48 million, or $1.64 per diluted share, EPS $1.64 per diluted share.
“in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Enova Reports First Quarter 2024 Results • Total revenue increased 26% from the first quarter of 2023 to $610 million • Diluted earnings per share and adjusted earnings per share increased 5% and 7% from the first quarter of 2023 to $1.64 and $1.91, respectively • Total company combined loans”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.