Enova International Inc. Reports Strong Second Quarter Performance

Enova International Inc., a leading financial services company specializing in loans and financing services through advanced analytics and machine learning, has reported robust financial results for the second quarter of 2025. The company, which operates on the New York Stock Exchange, announced a significant increase in originations and revenue, alongside strong earnings per share (EPS) growth.

For the quarter ended June 30, 2025, Enova reported a 28% rise in originations and a 22% increase in total company revenue compared to the same period in 2024. Diluted earnings per share reached $2.86, marking a 48% increase, while adjusted earnings per share rose by 46% to $3.23. These results underscore the company’s consistent performance, with more than 20% year-over-year growth in revenue, originations, and adjusted EPS for the fifth consecutive quarter.

The company’s consolidated credit performance remained robust, with a net charge-off ratio of 8.1% and a net revenue margin of 58%. Year-over-year improvements were also noted in the consolidated 30+ day delinquency ratio, which decreased to 7.1%, and stability in the consolidated portfolio fair value premium at 115%. These metrics reflect a stable credit outlook for Enova.

Liquidity positions were strong, with cash and marketable securities, along with available capacity on facilities, totaling $1.1 billion as of June 30, 2025. During the quarter, Enova executed share repurchases amounting to $54 million.

David Fisher, Enova’s CEO, expressed satisfaction with the company’s performance, emphasizing a commitment to prudently managing the business to ensure sustainable and profitable growth. Fisher highlighted the strength of Enova’s diversified business model and its ability to leverage machine learning and analytics to serve underbanked consumers and small businesses globally.

Upcoming Leadership Transition

In addition to the financial results, Enova announced key senior leadership changes as part of its long-term transition planning. David Fisher will transition to the role of Executive Chairman of the Board of Directors, effective January 1, 2026, while continuing to lead the Board on company strategy and ensuring stability during the transition. Steve Cunningham, the current CFO, will succeed Fisher as CEO, also effective January 1, 2026. Cunningham has already joined the Board of Directors. Scott Cornelis, currently the Treasurer and VP of Finance, will take over as CFO from Cunningham.

These leadership changes are part of Enova’s strategic planning to ensure continuity and stability as the company continues to grow and adapt in the dynamic financial services landscape.

Enova International Inc. remains a key player in the consumer finance sector, with a market capitalization of $2.91 billion and a price-to-earnings ratio of 13.53. The company’s close price on July 23, 2025, was $111.74, with a 52-week high of $119.06 and a low of $72.43. As Enova navigates its leadership transition and continues to deliver strong financial performance, it remains focused on serving its target market of underbanked consumers and small businesses through innovative financial solutions.