10-Q · May 8, 2026
CPS reported robust Q1 2026 results with revenues of $112.3 million, marking a 5.1% increase from $106.9 million in the prior year. However, diluted EPS was $0.24, below expectations of $0.3, showcasing challenges amid…
Earnings analysis · 10-Q
CPSS earnings analysis
Filed August 7, 2026 · Our reading of the company's report
The latest report
Consumer Portfolio Services reported Q2 revenue of $121.389 million and diluted EPS of $0.27, representing revenue growth of 10.6% year over year and higher EPS than the $0.20 reported in Q2 2025. The quarter’s…
Read full summary
Consumer Portfolio Services reported Q2 revenue of $121.389 million and diluted EPS of $0.27, representing revenue growth of 10.6% year over year and higher EPS than the $0.20 reported in Q2 2025. The quarter’s operating momentum was positive, but the filing highlights substantial leverage: approximately $4,008.3 million of debt outstanding, including a $355.0 million increase in warehouse-line debt since December 31, 2025. No quantitative forward guidance was provided.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.27
What stood out
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Share repurchases continued
The company repurchased 231,134 shares during the quarter at an average price of $9.68, with $3.642 million remaining under the repurchase authorization at June 30, 2026.
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Continued securitization activity
The company completed a $50 million securitization of residual interests in March 2026; $168.8 million of residual-interest debt remained outstanding at June 30, 2026.
What to watch
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Substantial indebtedness
Total debt was approximately $4,008.3 million at June 30, 2026, including $3,131.1 million of securitization trust debt and $679.9 million of warehouse-line debt.
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Rapid growth in funding debt
Since December 31, 2025, securitization trust debt increased by $144.5 million and warehouse-line debt increased by $355.0 million, net of deferred financing costs, increasing refinancing and liquidity exposure.
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Debt-service dependence
The company had $28.5 million of subordinated renewable notes outstanding at June 30, 2026, compared with $29.0 million at December 31, 2025; management cautioned that failure to generate sufficient operating profits could impair required debt payments.
Management's outlook
No quantitative revenue or EPS guidance was provided in the filing; outlook was deferred to the earnings release/call.
Earlier filings 4
10-K · March 16, 2026
Consumer Portfolio Services (CPSS) describes a focused sub‑prime auto finance strategy: buy and service dealer-originated retail automobile contracts, finance them primarily through term securitizations and short‑term…
10-Q · November 10, 2025
Consumer Portfolio Services reported Q3 2025 total revenues of $108,421 thousand (up $7,841k or +7.8% vs. Q3 2024) and GAAP diluted EPS of $0.20 (unchanged vs. prior-year quarter). Operating profitability remained…
10-Q · November 7, 2024
Consumer Portfolio Services reported Q3 revenue of $100.58M and diluted EPS of $0.20. Revenue increased versus the year-ago quarter but income before tax and net income declined materially; operating margin compressed…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.