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Enova International ENVA Direct Operations And Technology Expense

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Other financials

Income statement

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Revenue$875.1M+17.4%
Gross profit$529.0M+24.1%
Operating income$207.1M+20.5%
Net income$91.1M+24.9%
EPS (diluted)$3.46+28.6%

Balance sheet

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Cash & equivalents$96.1M+73.2%
Total debt$4.9B+28.4%
Total equity$1.4B+17.1%
Total assets$6.9B+26.0%

Cash flow

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Operating cash flow$474.5M+21.3%
CapEx$10.8M-16.5%
Free cash flow$463.8M+22.6%

Valuation

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Market cap$5.04B+36.4%

Profitability

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Gross margin58.9%+1.3pp
Operating margin23.6%+1.2pp
Net margin10%+1.6pp
FCF margin56.6%+1.6pp

Returns & leverage

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Return on equity25.1%+5.2pp
Debt / equity3.5×+0.3×

Where this comes from

Reported directly by Enova International in its filing.

Tagged under the XBRL concept enva:DirectOperationsAndTechnologyExpense.

The official record: Enova International’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Enova International's direct operations and technology expense?
Enova International (ENVA) reported direct operations and technology expense of $75.75M in Q1 2026.
How has Enova International's direct operations and technology expense changed year-over-year?
Enova International's direct operations and technology expense increased by 21.3% year-over-year, from $62.46M to $75.75M.
What is the long-term trend for Enova International's direct operations and technology expense?
Over 4 years (2021 to 2025), Enova International's direct operations and technology expense has grown at a 15.0% compound annual growth rate (CAGR), from $147.7M to $258.18M.
What does direct operations and technology expense mean?
This metric captures the core variable costs directly associated with supporting the company's digital lending platform, including transaction processing, customer service operations, and technology infrastructure maintenance. It serves as a key indicator of the company's operational scalability and the efficiency of its automated underwriting and servicing systems. By tracking these expenses relative to revenue, investors can assess the company's ability to manage its cost-to-serve as it grows its loan portfolio.