Atlanticus Q3 revenue rises 60%

Atlanticus Holdings

05/11/2026 21:49

Overview
US fintech firm's Q3 revenue rose 60% yr/yr, slightly beating analyst expectations
Results boosted by Mercury acquisition and gains from asset sales

Outlook
Atlanticus expects continued quarterly growth in general purpose credit card receivables
Company anticipates private label credit receivable balance to modestly increase in 2026
Atlanticus expects quarterly interest expense to increase throughout 2026

Result Drivers
MERCURY ACQUISITION - Co said Mercury acquisition contributed $205.3 mln to Q3 revenue growth and drove increases in managed receivables and active accounts
ASSET SALES - Q3 results included gains from sale of Auto Finance business and MERCURY word mark, totaling $47.6 mln pre-tax
RECEIVABLES AND CUSTOMER GROWTH - Growth in general purpose and private label credit card receivables and 18% increase in accounts served supported revenue expansion

Company press release: ID:nGNX2jjptw

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Beat*
$775.90 mln
$775.13 mln (6 Analysts)
Q3 Adjusted EPS
 
$3
 
Q3 EPS
 
$4.87
 
Q3 Net Income
Beat
$95.43 mln
$54.79 mln (6 Analysts)
Q3 Operating Expenses
 
-$161.89 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the consumer lending peer group is "buy."
Wall Street's median 12-month price target for Atlanticus Holdings Corp is $122.50, about 22.8% above its November 4 closing price of $99.75
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)