WRLD
World Acceptance
Q1 2026 Report
World Acceptance Corporation (WRLD) Financial Results Q1 2026: Strategic Growth Amid Seasonality...
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Executive Summary
In the first quarter of fiscal year 2025, World Acceptance Corporation (WRLD) reported a total revenue of $129.5 million, reflecting a decline of 7.03% year-over-year and a substantial drop of 18.67% compared to the previous quarter. Despite these challenges, the management indicated a strategy centered on rightsizing and derisking the portfolio, with a focus on attaining moderation in customer growth amidst improving average loan yields. Net income for the quarter was reported at approximately $9.95 million, translating to an EPS of $1.79, marking an 8.48% increase from the same quarter last year but a significant decrease of 71.41% quarter-over-quarter. Management's remarks during the earnings call emphasized their commitment to achieving sustainable growth while managing costs and improving credit quality in the customer portfolio.
Key Performance Indicators
Revenue
129.53M
QoQ: -18.67% | YoY:-7.03%
Gross Profit
84.11M
64.93% margin
QoQ: -46.26% | YoY:-9.29%
Operating Income
22.70M
QoQ: -61.12% | YoY:83.70%
Net Income
9.95M
QoQ: -71.63% | YoY:4.28%
EPS
1.79
QoQ: -71.41% | YoY:8.48%
Revenue Trend
Margin Analysis
Key Insights
- Revenue: $129.5 million (YoY: -7.03%, QoQ: -18.67%)
- Gross Profit: $84.1 million (YoY: -9.29%, QoQ: -46.26%)
- Operating Income: $22.7 million (YoY: 83.70%, QoQ: -61.12%)
- Net Income: $9.95 million (YoY: 4.28%, QoQ: -71.63%)
- EPS: $1.79 (YoY: 8.48%, QoQ: -71.41%)