FirstCash Reports Record Revenue and Earnings for 2025
- Record Revenue Growth: FirstCash achieved a record revenue of $3.66 billion in 2025, an 8% increase year-over-year, with fourth-quarter revenue reaching $1.06 billion, up 20%, marking the first quarter in history where revenues exceeded $1 billion, indicating strong market demand and business expansion capabilities.
- Significant Profitability Improvement: The company reported a net income of $330 million for 2025, a 28% increase, while adjusted net income reached $390 million, up 29%, reflecting robust performance across all markets, particularly in the U.S. and Latin America with strong same-store revenue growth.
- Accelerated Strategic Expansion: FirstCash added 344 retail pawn locations in 2025, the highest increase since its merger with Cash America, further solidifying its leadership position in the U.S., Latin America, and the U.K., which is expected to lay the groundwork for future revenue and earnings growth.
- Increased Shareholder Returns: In 2025, FirstCash returned $186 million to shareholders through cash dividends and stock repurchases, demonstrating strong cash flows and a solid financial position, enhancing investor confidence and increasing long-term shareholder value.
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FirstCash Reports Record Revenue and Earnings for 2025
- Record Revenue Growth: FirstCash achieved a record revenue of $3.66 billion in 2025, an 8% increase year-over-year, with fourth-quarter revenue reaching $1.06 billion, up 20%, marking the first quarter in history where revenues exceeded $1 billion, indicating strong market demand and business expansion capabilities.
- Significant Profitability Improvement: The company reported a net income of $330 million for 2025, a 28% increase, while adjusted net income reached $390 million, up 29%, reflecting robust performance across all markets, particularly in the U.S. and Latin America with strong same-store revenue growth.
- Accelerated Strategic Expansion: FirstCash added 344 retail pawn locations in 2025, the highest increase since its merger with Cash America, further solidifying its leadership position in the U.S., Latin America, and the U.K., which is expected to lay the groundwork for future revenue and earnings growth.
- Increased Shareholder Returns: In 2025, FirstCash returned $186 million to shareholders through cash dividends and stock repurchases, demonstrating strong cash flows and a solid financial position, enhancing investor confidence and increasing long-term shareholder value.
FirstCash Q4 Earnings Exceed Expectations
- Strong Earnings Performance: FirstCash reported a Q4 Non-GAAP EPS of $2.64, beating expectations by $0.11, indicating effective financial management and improved profitability.
- Significant Revenue Growth: The company achieved Q4 revenue of $1.06 billion, a 19.9% year-over-year increase, surpassing market expectations by $40 million, reflecting the resilience of its business model and strong market demand.
- Optimistic Future Outlook: Gross transaction volumes for lease and loan originations are forecasted to increase by 5% to 10% in 2026 compared to 2025, signaling a solid recovery after the furniture-driven decline experienced in 2025.
- Revenue Forecast Adjustment: Although full-year 2026 revenues are expected to decline slightly due to lower comparable leased merchandise balances at the beginning of the current year compared to last year, the company is actively adjusting its strategies to navigate market changes.
Pawn Shop Stocks Surge as Gold Hits Record Highs
- Gold Price Surge: According to Canaccord Genuity, gold prices have surpassed $5,500 per ounce for the first time, driving stocks of pawn shops like EZCorp and FirstCash to rally nearly 60% and 35% respectively over the past six months, reflecting investors' preference for precious metals amid economic uncertainty.
- Increased Pawn Demand: As gold and silver prices rise, more individuals are pawning their metal jewelry, with a Canaccord survey indicating that jewelry remains the most frequently pawned category, providing robust support for the business growth of EZCorp and FirstCash.
- Analyst Rating Upgrades: Analyst Brian McNamara reiterated a
Profit Investment Exits FirstCash Holdings with $2.58 Million Sale
- Complete Exit: Profit Investment Management disclosed in a recent SEC filing that it fully sold its 16,257 shares in FirstCash Holdings for approximately $2.58 million, indicating a strategic shift in its risk assessment of the stock.
- Asset Management Reduction: This transaction reduced Profit Investment's position in FirstCash from $2.6 million to zero, while its overall stock holdings decreased by 69%, from $79.5 million to $24.7 million, reflecting a broader portfolio downsizing strategy.
- Market Performance: FirstCash shares have increased by 57.16% over the past year, significantly outperforming the S&P 500's 12% return, highlighting its strong position in the non-bank credit sector.
- Investor Attention: Despite Profit Investment's complete exit, FirstCash remains a noteworthy investment, with a total return of 160% over the past five years, equating to a compound annual growth rate of 21%, showcasing its consistent profitability and growth potential.
Visa Introduces USDC Settlement in the U.S. and Promotes Onchain Payments
Visa's USDC Settlement Initiative: Visa Inc. is modernizing payment systems by allowing U.S. institutions to settle obligations using USDC, a stablecoin, alongside traditional methods, enhancing speed and liquidity in transactions.
Collaboration with Circle and Blockchain Development: Visa is partnering with Circle to develop Arc, a high-performance Layer 1 blockchain, aimed at supporting Visa's commercial activities and USDC settlements, further integrating blockchain technology into its operations.
Strategic Positioning in Financial Services: This initiative positions Visa as a bridge between traditional finance and blockchain infrastructure, with plans for broader U.S. access by 2026 and the establishment of a Stablecoins Advisory Practice to assist financial institutions.
Stock Performance and Market Outlook: Visa's shares have increased by 8.7% over the past year, contrasting with a decline in the industry, while other financial service stocks like OppFi, FirstCash, and Dave have shown strong earnings growth and upward revisions in estimates.
FIS Enhances Asset Finance Platform with New SaaS Upgrade
FIS Asset Finance Solution Enhancement: Fidelity National Information Services (FIS) has upgraded its Asset Finance solution with a SaaS-based cloud offering, enhancing operational efficiency and lifecycle management for auto finance, which includes loans and leases.
Impact on Borrowers and Lenders: The new solution provides lenders with tools to modernize operations and offers borrowers seamless self-service access and personalized experiences, addressing rising customer expectations and operational challenges in the asset finance sector.
Financial Performance and Market Position: FIS's total revenues increased by 4.5% year-over-year in the first nine months of 2025, although its shares have seen a decline of 9.9% over the past three months, contrasting with the industry average drop of 17.7%.
Comparative Stock Performance: Other companies in the business services sector, such as FirstCash, EVERTEC, and FTI Consulting, have shown varying performance, with FirstCash gaining 9.9% in the last three months while EVERTEC and FTI Consulting experienced declines.
FirstCash Reports Record Revenue and Earnings for 2025
- Record Revenue Growth: FirstCash achieved a record revenue of $3.66 billion in 2025, an 8% increase year-over-year, with fourth-quarter revenue reaching $1.06 billion, up 20%, marking the first quarter in history where revenues exceeded $1 billion, indicating strong market demand and business expansion capabilities.
- Significant Profitability Improvement: The company reported a net income of $330 million for 2025, a 28% increase, while adjusted net income reached $390 million, up 29%, reflecting robust performance across all markets, particularly in the U.S. and Latin America with strong same-store revenue growth.
- Accelerated Strategic Expansion: FirstCash added 344 retail pawn locations in 2025, the highest increase since its merger with Cash America, further solidifying its leadership position in the U.S., Latin America, and the U.K., which is expected to lay the groundwork for future revenue and earnings growth.
- Increased Shareholder Returns: In 2025, FirstCash returned $186 million to shareholders through cash dividends and stock repurchases, demonstrating strong cash flows and a solid financial position, enhancing investor confidence and increasing long-term shareholder value.
FirstCash Q4 Earnings Exceed Expectations
- Strong Earnings Performance: FirstCash reported a Q4 Non-GAAP EPS of $2.64, beating expectations by $0.11, indicating effective financial management and improved profitability.
- Significant Revenue Growth: The company achieved Q4 revenue of $1.06 billion, a 19.9% year-over-year increase, surpassing market expectations by $40 million, reflecting the resilience of its business model and strong market demand.
- Optimistic Future Outlook: Gross transaction volumes for lease and loan originations are forecasted to increase by 5% to 10% in 2026 compared to 2025, signaling a solid recovery after the furniture-driven decline experienced in 2025.
- Revenue Forecast Adjustment: Although full-year 2026 revenues are expected to decline slightly due to lower comparable leased merchandise balances at the beginning of the current year compared to last year, the company is actively adjusting its strategies to navigate market changes.
Pawn Shop Stocks Surge as Gold Hits Record Highs
- Gold Price Surge: According to Canaccord Genuity, gold prices have surpassed $5,500 per ounce for the first time, driving stocks of pawn shops like EZCorp and FirstCash to rally nearly 60% and 35% respectively over the past six months, reflecting investors' preference for precious metals amid economic uncertainty.
- Increased Pawn Demand: As gold and silver prices rise, more individuals are pawning their metal jewelry, with a Canaccord survey indicating that jewelry remains the most frequently pawned category, providing robust support for the business growth of EZCorp and FirstCash.
- Analyst Rating Upgrades: Analyst Brian McNamara reiterated a
Profit Investment Exits FirstCash Holdings with $2.58 Million Sale
- Complete Exit: Profit Investment Management disclosed in a recent SEC filing that it fully sold its 16,257 shares in FirstCash Holdings for approximately $2.58 million, indicating a strategic shift in its risk assessment of the stock.
- Asset Management Reduction: This transaction reduced Profit Investment's position in FirstCash from $2.6 million to zero, while its overall stock holdings decreased by 69%, from $79.5 million to $24.7 million, reflecting a broader portfolio downsizing strategy.
- Market Performance: FirstCash shares have increased by 57.16% over the past year, significantly outperforming the S&P 500's 12% return, highlighting its strong position in the non-bank credit sector.
- Investor Attention: Despite Profit Investment's complete exit, FirstCash remains a noteworthy investment, with a total return of 160% over the past five years, equating to a compound annual growth rate of 21%, showcasing its consistent profitability and growth potential.
Visa Introduces USDC Settlement in the U.S. and Promotes Onchain Payments
Visa's USDC Settlement Initiative: Visa Inc. is modernizing payment systems by allowing U.S. institutions to settle obligations using USDC, a stablecoin, alongside traditional methods, enhancing speed and liquidity in transactions.
Collaboration with Circle and Blockchain Development: Visa is partnering with Circle to develop Arc, a high-performance Layer 1 blockchain, aimed at supporting Visa's commercial activities and USDC settlements, further integrating blockchain technology into its operations.
Strategic Positioning in Financial Services: This initiative positions Visa as a bridge between traditional finance and blockchain infrastructure, with plans for broader U.S. access by 2026 and the establishment of a Stablecoins Advisory Practice to assist financial institutions.
Stock Performance and Market Outlook: Visa's shares have increased by 8.7% over the past year, contrasting with a decline in the industry, while other financial service stocks like OppFi, FirstCash, and Dave have shown strong earnings growth and upward revisions in estimates.
FIS Enhances Asset Finance Platform with New SaaS Upgrade
FIS Asset Finance Solution Enhancement: Fidelity National Information Services (FIS) has upgraded its Asset Finance solution with a SaaS-based cloud offering, enhancing operational efficiency and lifecycle management for auto finance, which includes loans and leases.
Impact on Borrowers and Lenders: The new solution provides lenders with tools to modernize operations and offers borrowers seamless self-service access and personalized experiences, addressing rising customer expectations and operational challenges in the asset finance sector.
Financial Performance and Market Position: FIS's total revenues increased by 4.5% year-over-year in the first nine months of 2025, although its shares have seen a decline of 9.9% over the past three months, contrasting with the industry average drop of 17.7%.
Comparative Stock Performance: Other companies in the business services sector, such as FirstCash, EVERTEC, and FTI Consulting, have shown varying performance, with FirstCash gaining 9.9% in the last three months while EVERTEC and FTI Consulting experienced declines.
