EZCORP (EZPW) financial statements
EZCORP reported revenue of $1.3B in fiscal 2025, up 6.4% a year over 9 years.
Net income was $110M and the operating margin 11.7%, against 4.0% in 2016.
Free cash flow was $110M, and the company returned $7M in net buybacks.
The diluted share count rose 53% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from EZCORP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $731M | $748M | $812M | $847M | $823M | $730M | $886M | $1.0B | $1.2B | $1.3B |
| Cost of revenue | $258M | $267M | — | — | — | — | — | — | — | — |
| Gross profit | $428M | $436M | $482M | $494M | $449M | $449M | $528M | $610M | $682M | $746M |
| Selling, general and admin | $68M | $53M | $54M | $64M | $54M | $56M | $64M | $68M | $76M | $84M |
| Operating income | $29M | $53M | $67M | $47M | -$48M | $31M | $75M | $92M | $113M | $149M |
| Interest expense | $16M | $28M | $28M | $33M | $22M | $22M | $10M | $16M | $14M | $23M |
| Pre-tax income | $363,000 | $43M | $56M | $4M | -$70M | $16M | $68M | $52M | $116M | $147M |
| Income tax | $9M | $11M | $18M | $2M | -$2M | $7M | $18M | $13M | $33M | $37M |
| Net income | -$81M | $31M | $37M | $3M | -$68M | $9M | $50M | $38M | $83M | $110M |
| EPS (diluted) | -$1.49 | $0.58 | $0.64 | $0.05 | -$1.24 | $0.15 | $0.70 | $0.53 | $1.10 | $1.42 |
| Diluted shares | 54M | 54M | 58M | 56M | 55M | 56M | 82M | 81M | 84M | 83M |
| Gross margin | 58.6% | 58.2% | 59.3% | 58.4% | 54.6% | 61.6% | 59.6% | 58.1% | 58.7% | 58.5% |
| Operating margin | 4.0% | 7.1% | 8.3% | 5.5% | -5.9% | 4.3% | 8.5% | 8.8% | 9.7% | 11.7% |
| Net margin | -11.1% | 4.2% | 4.6% | 0.3% | -8.3% | 1.2% | 5.7% | 3.7% | 7.2% | 8.6% |
Balance sheet
Fiscal years, from EZCORP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $66M | $164M | $285M | $158M | $305M | $254M | $206M | $221M | $171M | $470M |
| Receivables | — | $20M | $19M | $11M | $7M | $9M | $8M | $31M | — | — |
| Inventory | $140M | $154M | $167M | $179M | $96M | $111M | $152M | $166M | $192M | $248M |
| Total current assets | $482M | $581M | $749M | $606M | $593M | $611M | $644M | $720M | $729M | $1.1B |
| Property, plant and equipment | $58M | $58M | $74M | $67M | $57M | $54M | $57M | $68M | $66M | $75M |
| Goodwill | $254M | $255M | $299M | $301M | $258M | $286M | $287M | $302M | $306M | $325M |
| Total assets | $983M | $1.0B | $1.2B | $1.1B | $1.2B | $1.3B | $1.3B | $1.5B | $1.5B | $2.0B |
| Total current liabilities | $95M | $73M | $260M | $91M | $132M | $155M | $153M | $192M | $269M | $201M |
| Long-term debt | $284M | $285M | $227M | $238M | $251M | $264M | $313M | $326M | $224M | $518M |
| Total liabilities | $389M | $364M | $502M | $339M | $548M | $595M | $656M | $722M | $689M | $926M |
| Shareholders' equity | $595M | $662M | $743M | $745M | $649M | $672M | $692M | $746M | $805M | $1.0B |
| Net debt | $218M | $120M | $132M | $81M | -$53M | $11M | $107M | $140M | $157M | $49M |
Cash flow
Fiscal years, from EZCORP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $68M | $51M | $89M | $104M | $49M | $46M | $67M | $102M | $114M | $149M |
| Capital spending | $13M | $25M | $40M | $39M | $29M | $24M | $32M | $40M | $36M | $39M |
| Free cash flow | $55M | $26M | $49M | $65M | $21M | $23M | $35M | $61M | $78M | $110M |
| Stock-based compensation | $5M | $6M | $11M | $10M | -$5M | $4M | $5M | $10M | $10M | $12M |
| Share buybacks (net) | -$12M | $0 | $0 | $0 | -$5M | $0 | -$2M | -$17M | -$12M | -$7M |
| Net borrowing | — | — | $168M | -$195M | $714,000 | -$15M | $0 | -$178M | -$34M | -$6M |
| Free cash flow margin | 7.5% | 3.4% | 6.0% | 7.6% | 2.5% | 3.1% | 3.9% | 5.9% | 6.7% | 8.7% |
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Open EZPW in InvestinglyQuestions
What was EZCORP's revenue in 2025?
$1.3B in fiscal 2025, from its 10-K filing.
How much free cash flow does EZCORP generate?
$110M in fiscal 2025 (operating cash flow minus capital spending).
From EZCORP's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.