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FirstCash Holdings FCFS Depreciation of leased merchandise

Depreciation of leased merchandise at other companies

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Segments

By geography

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Latin America$0

Other financials

Income statement

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Revenue$1.1B+29.4%
Gross profit$789.1M+31.4%
Net income$93.5M+56.3%
EPS (diluted)$2.12+58.2%

Balance sheet

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Cash & equivalents$172.3M+69.8%
Total debt$2.6B+13.4%
Total equity$2.3B+8.5%
Total assets$5.5B+21.5%

Cash flow

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Operating cash flow$176.8M+51.3%
CapEx$13.7M-19.5%
Free cash flow$132.8M+12.6%

Valuation

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Market cap$9.02B+50.0%
Enterprise value$11.48B+39.4%
P/E23.2×+2.6×
P/S2.2×+0.4×

Profitability

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Gross margin72.9%+0.1pp
Net margin9.4%+0.8pp
FCF margin14.5%+0.6pp

Returns & leverage

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Return on equity17.4%+3.2pp
Debt / equity1.1×0.0×
Current ratio4.9×+0.7×

Where this comes from

Reported directly by FirstCash Holdings in its filing.

Tagged under the XBRL concept fcfs:DepreciationOfLeasedMerchandise.

The source filing: FirstCash Holdings’s 10-Q, filed July 27, 2026.

Filed
Jul 27, 2026, 2:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000840489-26-000085
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Total revenue1,074,688830,6222,126,3391,667,045
Cost of revenue:
Cost of retail merchandise sold285,619230,326563,668454,450
Depreciation of leased merchandise71,65078,272152,709167,091
Provision for lease losses24,43932,54354,18360,105
Provision for loan losses39,93041,76182,77478,121
Cost of wholesale scrap jewelry sold119,06934,904195,79670,259
Other cost of revenue3121,158

Item 1. Financial Statements (Unaudited)

FAQ

What is FirstCash Holdings's depreciation of leased merchandise?
FirstCash Holdings (FCFS) reported depreciation of leased merchandise of $71.65M in Q2 2026.
How has FirstCash Holdings's depreciation of leased merchandise changed year-over-year?
FirstCash Holdings's depreciation of leased merchandise decreased by 8.5% year-over-year, from $78.27M to $71.65M.
What is the long-term trend for FirstCash Holdings's depreciation of leased merchandise?
Over 4 years (2021 to 2025), FirstCash Holdings's depreciation of leased merchandise has grown at a 123.3% compound annual growth rate (CAGR), from $12.83M to $319.12M.
What does depreciation of leased merchandise mean?
The systematic allocation of the cost of leased assets over their useful life. This reflects the wear and tear or obsolescence of inventory that is being rented out to customers.

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