World Acceptance Q2 net income rises to $8.8 million, $1.92 per diluted share

World Acceptance Corporation reported fiscal 2027 second quarter results for the three months ended September 30, 2026, swinging to net income of $8.8 million, or $1.92 per diluted share, from a net loss of $1.7 million a year earlier. Total revenues rose 3.2% to $139.2 million, and the provision for credit losses fell to $46.0 million, while gross loans were roughly flat year over year at $1.319 billion.

Key points

• Q2 net income of $8.8 million, or $1.92 per diluted share, versus a net loss of $1.7 million, or $0.33 per diluted share, a year earlier
• Total revenues increased 3.2% to $139.2 million; net charge-offs rose to 17.6% of average net loans on an annualized basis from 17.1%
• Company repurchased 133,199 shares for approximately $25.0 million in the quarter; about $25.0 million remained under the current repurchase program as of September 30, 2026
• Six-month results included $4.8 million in expense related to the CEO transition; adjusted net income was $18.5 million, or $4.05 per diluted share

The filing

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.