FirstCash Q2 revenue beats estimates on strong pawn demand

Firstcash Holdings (Texas)

23/07/2026 11:17

    

    Overview
  
US pawn store operator's Q2 revenue rose 29% yr/yr, beating analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Company completed $150 mln share buyback and authorized new $150 mln repurchase plan

    

    Outlook
  
FirstCash raises full-year 2026 guidance for consolidated pawn segment revenue growth
Company expects U.S. pawn fees to grow at mid-teen or better rates in H2 and full year 2026
Retail POS Payment Solutions net revenue expected to decrease 20% to 25% for full year 2026

    

    Result Drivers
  
STRONG PAWN DEMAND - Co said record results were driven by robust consumer demand for pawn products and services, with consolidated pawn receivables up 63% in total and 22% on a same-store basis yr/yr, per CEO Rick Wessel
STORE EXPANSION - Addition of 20 pawn locations in Q2, including acquisitions and new stores across all major markets, contributed to revenue growth
LATIN AMERICA GROWTH - Latin America pawn segment revenue rose 42% in Q2 on a USD basis, driven by increased pawn fees, merchandise sales, and favorable currency movements

    
Company press release: ID:nGNX9GTdS8

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Revenue
Beat
$1.07 bln
$1.03 bln (6 Analysts)
Q2 Adjusted EPS
Beat
$2.50
$2.40 (6 Analysts)
Q2 EPS
 
$2.12
 
Q2 Adjusted Net Income
Beat
$110.11 mln
$104.16 mln (6 Analysts)
Q2 Net Income
 
$93.47 mln
 
Q2 Dividend
 
$0.42
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "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 Firstcash Holdings Inc is $245.00, about 17.4% above its July 22 closing price of $208.74
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months ago

    

    Reuters Recommended Reads
  
July 21 - Synchrony beats profit estimates on solid spending, higher interest income 
July 23 - Trump's new pick to run consumer finance watchdog to face Senate
July 20 - How PayPal went from Wall Street favorite to unwilling merger target

    
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.)