| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 80 | 16.6x | 17.8x | Top tier | |
Growth | 86 | 17.7% | 7.1% | Top tier | |
Quality | 96 | — | — | Top tier | |
Safety | 26 | — | — | Bottom tier | |
Capital Return | 26 | — | 2.12% | Bottom tier | |
Momentum | 93 | 126.2% | 2.9% | Top tier | |
Sentiment | 35 | 4 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Enova International provides online credit to consumers and small businesses, leveraging a scalable operating platform and machine learning-powered analytics and risk technologies. Its loan and finance receivables portfolio reached $5.5 billion in fiscal Q2 2026, with 69% allocated to small business products and 31% to consumer products. The company generates revenue from both credit portfolios, with small business financing revenue of $439 million and consumer business revenue of $477 million during the quarter.
In fiscal Q2 2026, revenue reached $928.9 million, up 22% year over year, and gross profit was $568.1 million, equivalent to approximately 61.2% of revenue. Net income was $105.1 million, and earnings per share according to the financial statements was $4, while adjusted earnings per share was $4.31, up 33% year over year. Credit originations increased 27% to approximately $2.3 billion, driving 28% year-over-year portfolio balance growth.
The small business segment led growth, with credit originations rising 29% to $1.6 billion and revenue growing 35%, while consumer originations increased 23% to $691 million and revenue grew 11%. Consolidated credit quality improved, as the net charge-off rate declined to 7.3% from 8.1% in fiscal Q2 2025, and the net revenue margin reached 61%. At the same time, operating expenses including marketing increased to 35% of revenue from 32% a year earlier, due to higher marketing spending of $204 million.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus on ENVA stock is Buy, with an average price target of $248.6 and a wide range between $200 and $283. The average target is below the 52-week high of $267.45, while the highest target exceeds that peak, reflecting a positive growth assessment offset by clear differences regarding margin sustainability, credit quality, and execution of the Grasshopper Bank transaction.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
Consolidated credit originations increased 27% to approximately $2.3 billion, lifting revenue 22% to $928.9 million. The loan and finance receivables portfolio grew 28% to $5.5 billion, alongside an improvement in the net charge-off rate to 7.3%. As a result, net income reached $105.1 million and adjusted earnings per share increased 33% to $4.31.
Small business financing was the fastest growth driver in fiscal Q2 2026, with credit originations rising 29% to $1.6 billion and revenue increasing 35% to $439 million. This portfolio's balances reached $3.8 billion, up 36% year over year, and small business products came to represent 69% of the total portfolio. By comparison, consumer originations grew 23% to $691 million and consumer revenue increased 11% to $477 million.
The consolidated net charge-off rate declined in fiscal Q2 2026 to 7.3% from 8.1% in fiscal Q2 2025 and 7.6% in the previous quarter. The consumer rate improved by 170 basis points year over year to 12.8%, while the small business rate was 4.8% compared with 4.7% a year earlier. The consolidated over-30-day delinquency rate also remained roughly stable at 7.5% compared with the previous quarter, and management confirmed that risk appetite had not changed.
Management raised its fiscal 2026 outlook to revenue growth of between 20% and 25% compared with fiscal 2025. It also expects adjusted earnings per share growth of between 30% and 35%, with continued operating leverage. For fiscal Q3 2026, it expects year-over-year revenue growth of approximately 25%, a net revenue margin of between 55% and 60%, and adjusted earnings per share growth of approximately 30%.
Enova expects the planned combination with Grasshopper Bank to enable the expansion of NetCredit products into new geographies and the use of bank deposits to reduce funding costs. Management estimates that net synergies will increase adjusted earnings per share by more than 25% once fully realized during the first two years after closing. As of the July 23, 2026 call, the company was in discussions with the OCC and the Federal Reserve regarding their review of the application, and the fiscal 2026 outlook did not include any contribution from the transaction.
Small business financing represents 69% of the $5.5 billion portfolio, so conditions affecting this segment have a significant impact on asset quality and growth. Management also expects the net revenue margin to decline to a range of 55%–60% in fiscal Q3 2026 from 61% in Q2, as consumer performance returns to its normal levels. Other risks include marketing spending rising to $204 million in Q2, completion of the Grasshopper Bank transaction depending on OCC and Federal Reserve approvals, and net insider sales of $5.9 million during the three months through June 18, 2026, with the possibility that those sales were prearranged.
