WRLD

MKT CAP:$766M

World Acceptance Corporation

Market Cap

$766M

Financial Services·Financial - Credit Services·🇺🇸 United States·NASDAQ

Financials·Financial·🇺🇸·NASDAQ

Stock Price

$151.32+$9.52 (+6.71%)

Apr 24, 2026

Company Details

World Acceptance Corporation, together with its subsidiaries, engages in small-loan consumer finance business. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancill...

CEO

Ravin Chad Prashad

IPO Date

Nov 26, 1991

Website

www.loansbyworld.com

Key Metrics TTM

Revenue

$573M

+2.6% YoY

Net Income

$43M

EPS (Diluted)

$7.81

Free Cash Flow

$252M

Revenue / Share

$114.12

Gross Margin

61.6%

Operating Margin

9.5%

Net Margin

7.5%

FCF Margin

44.0%

P/S

1.3x

P/E

17.9x

Earnings Reports

Q4 2026

May 5, 2026

PENDING

Q3 2026

Feb 9, 2026

$141M+1.9%EPS -$0.19

Q2 2026

Nov 6, 2025

$134M+2.3%EPS -$0.38

Q1 2026

Aug 6, 2025

$132M+2.3%EPS $0.25

FY 2025

May 22, 2025

$565M-1.5%EPS $16.30

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 22	$166M	$98M	$23M
Q1 23	$158M	$61M	-$11M
Q2 23	$151M	$70M	-$88.7K
Q3 23	$147M	$73M	$8M
Q4 23	$161M	$104M	$35M
Q1 24	$139M	$80M	$12M
Q2 24	$137M	$84M	$21M
Q3 24	$138M	$85M	$20M
Q4 24	$159M	$118M	$47M
Q1 25	$130M	$74M	$13M
Q2 25	$131M	$74M	$28M
Q3 25	$139M	$83M	$16M
Q4 25	$165M	$121M	$55M
Q1 26	$132M	$72M	$2M
Q2 26	$134M	$70M	-$2M
Q3 26	$141M	$90M	-$1M

Valuation

Quarter	P/S	P/E
Q4 22	1.9x	20.7x
Q1 23	1.2x	23.9x
Q2 23	0.9x	33.9x
Q3 23	0.7x	29.4x
Q4 23	0.8x	21.3x
Q1 24	1.3x	19.3x
Q2 24	1.3x	12.8x
Q3 24	1.3x	10.8x
Q4 24	1.4x	10.3x
Q1 25	1.3x	9.2x
Q2 25	1.2x	7.8x
Q3 25	1.1x	7.6x
Q4 25	1.2x	7.7x
Q1 26	1.6x	11.1x
Q2 26	1.6x	15.7x
Q3 26	1.3x	17.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 22	$110M	$109M
Q1 23	$58M	$57M
Q2 23	$78M	$77M
Q3 23	$69M	$68M
Q4 23	$86M	$84M
Q1 24	$60M	$58M
Q2 24	$63M	$62M
Q3 24	$59M	$58M
Q4 24	$84M	$82M
Q1 25	$48M	$47M
Q2 25	$54M	$53M
Q3 25	$61M	$60M
Q4 25	$91M	$90M
Q1 26	$58M	$57M
Q2 26	$49M	$48M
Q3 26	$58M	$57M

Capital Expenditures

Quarter	CapEx
Q4 22	$2M
Q1 23	$1M
Q2 23	$2M
Q3 23	$1M
Q4 23	$1M
Q1 24	$2M
Q2 24	$2M
Q3 24	$1M
Q4 24	$2M
Q1 25	$1M
Q2 25	$1M
Q3 25	$685.6K
Q4 25	$869.3K
Q1 26	$1M
Q2 26	$918.0K
Q3 26	$807.9K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 22	+13.7%	+59.0%
Q1 23	+21.8%	+54.6%
Q2 23	+9.7%	+22.3%
Q3 23	-1.4%	-1.6%
Q4 23	-3.1%	-11.5%
Q1 24	-11.8%	-24.7%
Q2 24	-9.5%	-23.4%
Q3 24	-6.0%	-14.7%
Q4 24	-1.2%	-11.0%
Q1 25	-7.0%	-8.2%
Q2 25	-4.0%	-10.8%
Q3 25	+0.6%	+3.7%
Q4 25	+3.8%	-2.2%
Q1 26	+2.3%	+11.9%
Q2 26	+2.3%	+31.6%
Q3 26	+1.9%	+16.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 22	$5M	2.9%
Q1 23	$4M	2.4%
Q2 23	$4M	2.5%
Q3 23	-$254.3K	-0.2%
Q4 23	$2M	1.0%
Q1 24	$1M	1.0%
Q2 24	-$3M	-2.4%
Q3 24	-$501.1K	-0.4%
Q4 24	$713.1K	0.4%
Q1 25	-$1M	-0.8%
Q2 25	-$18M	-13.7%
Q3 25	$449.3K	0.3%
Q4 25	-$1M	-0.7%
Q1 26	$3M	2.3%
Q2 26	$6M	4.5%
Q3 26	$5M	3.8%

OpEx Breakdown

Quarter	G&A	S&M
Q4 22	$58M	$2M
Q1 23	$55M	$2M
Q2 23	$54M	$1M
Q3 23	$50M	$1M
Q4 23	$54M	$2M
Q1 24	$52M	$3M
Q2 24	$47M	$2M
Q3 24	$49M	$4M
Q4 24	$57M	$1M
Q1 25	$47M	$2M
Q2 25	$30M	$3M
Q3 25	$50M	$4M
Q4 25	$51M	$1M
Q1 26	$55M	$2M
Q2 26	$57M	$2M
Q3 26	$108M	$4M

Revenue by Geography

Quarter

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$19M	$0	$19M
Q1 23	$13M	$0	$13M
Q2 23	$21M	$0	$21M
Q3 23	$21M	$0	$21M
Q4 23	$17M	$0	$17M
Q1 24	$16M	$0	$16M
Q2 24	$19M	$0	$19M
Q3 24	$13M	$0	$13M
Q4 24	$12M	$0	$12M
Q1 25	$11M	$0	$11M
Q2 25	$10M	$0	$10M
Q3 25	$16M	$0	$16M
Q4 25	$10M	$0	$10M
Q1 26	$8M	$0	$8M
Q2 26	$15M	$0	$15M
Q3 26	$9M	$0	$9M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 22	6M	-1.2%	-6.7%
Q1 23	6M	-1.1%	-2.8%
Q2 23	6M	+0.0%	-2.0%
Q3 23	6M	-0.8%	-3.1%
Q4 23	6M	+0.0%	-1.8%
Q1 24	6M	-5.5%	-6.2%
Q2 24	6M	+0.8%	-5.5%
Q3 24	6M	-1.3%	-5.9%
Q4 24	6M	+1.3%	-4.7%
Q1 25	6M	-6.2%	-5.5%
Q2 25	6M	-0.3%	-6.6%
Q3 25	5M	-1.5%	-6.8%
Q4 25	5M	-0.3%	-8.3%
Q1 26	5M	-2.9%	-5.0%
Q2 26	5M	-2.5%	-7.0%
Q3 26	5M	-2.6%	-8.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 22	$53.3K	3K
Q1 23	$50.6K	3K
Q2 23	$48.5K	3K
Q3 23	$47.0K	3K
Q4 23	$52.4K	3K
Q1 24	$45.3K	3K
Q2 24	$44.5K	3K
Q3 24	$44.8K	3K
Q4 24	$55.5K	3K
Q1 25	$45.1K	3K
Q2 25	$45.8K	3K
Q3 25	$48.3K	3K
Q4 25	$58.2K	3K
Q1 26	$46.7K	3K
Q2 26	$47.4K	3K
Q3 26	$49.8K	3K

Revenue / Employee