Atlanticus Holdings (ATLC) financial statements
Atlanticus Holdings reported revenue of $2.0B in fiscal 2025, up 43.5% a year over 9 years.
Net income was $122M.
The diluted share count rose 38% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Atlanticus Holdings's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $76M | $5M | $6M | $14M | $563M | $748M | $1.0B | $1.2B | $1.3B | $2.0B |
| Cost of revenue | $31M | $32M | $37M | $49M | $63M | $75M | $95M | $101M | $118M | $161M |
| Gross profit | $45M | -$26M | -$32M | -$36M | $500M | $673M | $951M | $1.1B | $1.2B | $1.8B |
| Interest expense | $20M | $28M | $37M | $51M | $52M | $54M | $82M | $109M | $160M | $302M |
| Pre-tax income | -$12M | -$47M | $3M | $32M | $114M | $220M | $149M | $129M | $139M | $160M |
| Income tax | -$6M | -$6M | -$4M | $6M | $20M | $42M | $15M | $27M | $28M | $39M |
| Net income | -$6M | -$41M | $8M | $26M | $94M | $178M | $136M | $103M | $111M | $122M |
| EPS (diluted) | -$0.46 | -$2.93 | $0.56 | $1.66 | $3.95 | $7.56 | $5.83 | $4.24 | $4.77 | $5.96 |
| Diluted shares | 14M | 14M | 14M | 15M | 20M | 21M | 19M | 19M | 19M | 19M |
| Gross margin | 59.7% | -498.0% | -568.6% | -259.6% | 88.8% | 89.9% | 90.9% | 91.3% | 91.0% | 91.8% |
| Net margin | -8.3% | -773.4% | 141.4% | 192.3% | 16.7% | 23.8% | 13.0% | 8.9% | 8.5% | 6.2% |
Balance sheet
Fiscal years, from Atlanticus Holdings's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $93M | $71M | — | — | — | — | — | $339M | $375M | $621M |
| Property, plant and equipment | $4M | $3M | $4M | $3M | $2M | $7M | $10M | $11M | $11M | $13M |
| Total assets | $363M | $426M | $583M | $936M | $1.2B | $1.9B | $2.4B | $2.7B | $3.3B | $7.6B |
| Total liabilities | $357M | $462M | $605M | $847M | $991M | $1.5B | $1.9B | $2.2B | $2.7B | $7.0B |
| Shareholders' equity | $6M | -$36M | -$22M | $906,000 | $77M | $288M | $326M | $395M | $493M | $609M |
| Net debt | -$93M | -$71M | — | — | — | — | — | -$339M | -$375M | -$621M |
Cash flow
Fiscal years, from Atlanticus Holdings's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $39M | -$26M | $43M | $100M | $213M | $212M | $348M | $459M | $469M | $638M |
| Capital spending | $349,000 | $395,000 | $1M | $250,000 | $749,000 | — | — | — | — | — |
| Free cash flow | $39M | -$27M | $41M | $100M | $212M | — | — | — | — | — |
| Stock-based compensation | — | $2M | $1M | $2M | $1M | $3M | $4M | $4M | $4M | $4M |
| Share buybacks (net) | -$949,000 | -$389,000 | -$723,000 | -$3M | -$3M | -$25M | -$89M | -$18M | -$53M | -$70M |
| Net borrowing | $64M | $85M | $162M | $281M | $128M | -$586M | -$310M | -$754M | -$566M | -$2.7B |
| Free cash flow margin | 50.8% | -509.5% | 746.5% | 725.0% | 37.6% | — | — | — | — | — |
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What was Atlanticus Holdings's revenue in 2025?
$2.0B in fiscal 2025, from its 10-K filing.
From Atlanticus Holdings's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.