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EZPW · 10-Q filed May 6, 2026

EZPW earnings analysis

What we found in EZPW's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.

Our reading of the filing · Free to read, no account needed

EZCORP reported a solid second quarter for fiscal 2026, with significant growth across key metrics. Revenue reached $395M, up 29% year-over-year, while diluted EPS surged to $0.61, reflecting an impressive increase of 84% compared to the prior year. Both U.S. and Latin American segments showed strong performance, driven by significant growth in jewelry scrap sales and pawn service charges.

What stood out

The parts that mattered.

Pulled out of the filing itself, with the figures the company reported.

Strong Revenue Growth
Revenue for Q2 2026 was $395M, up $89M or 29% YoY.
Significant EPS Increase
Diluted EPS rose to $0.61, up $0.28 or 84% compared to the prior year.
U.S. Pawn Segment Success
The U.S. Pawn segment's contribution increased by 59% to $78.1M.
Latin America Pawn Growth
Latin America Pawn segment revenues increased by 34% YoY, contributing $64M.
Improvement in Gross Margin
Gross margin increased to 59.5%, up from 57.9% in the same quarter last year.
Cash Flow Enhancement
Operating cash flow rose to $87.6M, up 39% from the previous year.
What to watch

And the other side of it.

The offsets in the same document — the things a summary that only listed the good news would have left out.

High Interest Expense
Interest expenses surged by 155% year-over-year, totaling $8.35M.
Cybersecurity Risks with AI Integration
Usage of AI in operations raises potential cybersecurity exposure.
Increased Debt Obligations
Total debt increased significantly, potentially straining liquidity.
The numbers

What they reported.

What the company itself reported, taken out of the document.

Earnings per share
$0.61
Gross margin
59.5%
Segment
U.S. Pawn
Segment
Latin America Pawn
Segment
SMG
Guidance

What they said about what is next.

Outlook deferred to earnings press release / call.

How we read the filing overall

The filing reads better than the one before it.

One reading of one document. It is not advice, and it is not a forecast.
Earlier filings

What came before.

10-Q · July 30, 2025
EZCORP reported a strong quarter: revenue of $310,981,000 (up $29,560,000 or 10.5% YoY and up ~$5,981,000 vs prior quarter) and diluted EPS of $0.34 (up $0.09 YoY and $0.01 vs prior quarter). Gross margin was ~59.1% and…
10-Q · April 28, 2025
EZCORP reported Q2 revenue of $306,316 (in thousands), up versus the prior-year quarter, with operating income rising to $34,248 and diluted EPS of $0.33. The company generated strong operating cash flow for the six…
10-K · November 13, 2024
EZCORP describes a focused three‑pillar strategy: Strengthen the Core, Cost Efficiency & Simplification, and Innovate & Grow, supported by IT/data modernization, risk/compliance and ESG initiatives. Fiscal 2024 showed…
10-Q · July 31, 2024
EZCORP reported Q3 revenue of $281,421,000, up $25,609,000 (+10.0%) versus the prior-year quarter, with gross profit of $166,727,000 (gross margin ~59.3%). Operating income was $22,154,000 (operating margin ~7.9%),…

This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.

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