World Acceptance swings to $1.9 million Q2 net loss as revenue rises 2.3%
World Acceptance reported a fiscal 2026 second-quarter net loss of $1.9 million, or $0.38 per diluted share, compared with net income of $22.1 million, or $3.99 per share, a year earlier. Total revenues rose 2.3% to $134.5 million, and gross loans grew 1.5% year over year, the first annual growth since September 2022. The loss reflected a $24.0 million rise in share-based compensation, $3.7 million in early bond redemption expenses, and higher credit loss provisions, so shareholders face lower reported profit this quarter.
Key points
- Net loss of $1.9 million, or $0.38 per diluted share, versus net income of $22.1 million, or $3.99 per share, in the prior-year quarter
- Total revenues increased 2.3% to $134.5 million; gross loans outstanding reached $1.32 billion at September 30, 2025
- Early redemption of remaining bonds resulted in $3.7 million of expenses; general and administrative expenses rose 55.3% to $72.0 million
- Repurchased 385,867 shares, or 7.4% of outstanding stock, for about $66.6 million during the quarter
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.