ENCORE CAPITAL GROUP INC (ECPG) financial statements: income statement, balance sheet and cash flow
ENCORE CAPITAL GROUP INC's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), ENCORE CAPITAL GROUP INC reported revenue of $1.8B (+34.4% year on year) and net income of $256.8M (+284.4% year on year).
Income statement
ENCORE CAPITAL GROUP INC income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Portfolio revenue
$1.5B
$1.3B
—
—
Changes in recoveries
$208.8M
($89.7M)
($82.5M)
$93.1M
Total debt purchasing revenue
$1.7B
$1.2B
$1.1B
$1.3B
Servicing revenue
$88.4M
$84.8M
$83.1M
$94.9M
Other revenues
$15.8M
$18.8M
$17.6M
$7.9M
Total revenues
$1.8B
$1.3B
$1.2B
$1.4B
Salaries and employee benefits
$458.2M
$422.9M
$391.5M
$375.1M
Cost of legal collections
$315.5M
$259.3M
$224.3M
$217.9M
General and administrative expenses
$165.9M
$163.8M
$144.9M
$145.8M
Other operating expenses
$144.5M
$130.8M
$111.2M
$111.2M
Collection agency commissions
$29.3M
$30.6M
$35.7M
$35.6M
Depreciation and amortization
$28.8M
$32.4M
$41.7M
$50.5M
Goodwill impairment
$0
$100.6M
$238.2M
—
Impairment of assets
$0
$18.5M
$18.7M
—
Total operating expenses
$1.1B
$1.2B
$1.2B
$936.2M
Income from operations
$626.6M
$157.3M
$16.5M
$462.2M
Interest expense
($293.9M)
($252.5M)
($201.9M)
($153.3M)
Loss on extinguishment of debt
($1.6M)
($7.8M)
$0
$0
Other income
$5.0M
$6.8M
$5.1M
$2.1M
Total other expense
($290.5M)
($253.5M)
($196.8M)
($151.2M)
Income (loss) before income taxes
$336.2M
($96.2M)
($180.3M)
$311.0M
Provision for income taxes
($79.3M)
($43.0M)
($26.2M)
($116.4M)
Net income (loss)
$256.8M
($139.2M)
($206.5M)
$194.6M
Basic (USD per share)
$11.05
-$5.83
-$8.72
$8.06
Diluted (USD per share)
$10.91
-$5.83
-$8.72
$7.46
Basic (shares)
23.2M
23.9M
23.7M
24.1M
Diluted (shares)
23.5M
23.9M
23.7M
26.1M
ENCORE CAPITAL GROUP INC income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Portfolio revenue
$400.2M
$390.0M
$370.1M
$361.2M
Changes in recoveries
$71.1M
$62.7M
$63.6M
$55.6M
Total debt purchasing revenue
$471.4M
$452.8M
$433.8M
$416.8M
Servicing revenue
$18.2M
$20.6M
$22.2M
$22.3M
Other revenues
$2.3M
$2.0M
$4.4M
$3.0M
Total revenues
$491.9M
$475.4M
$460.4M
$442.1M
Salaries and employee benefits
$119.6M
$114.5M
$117.1M
$117.7M
Cost of legal collections
$96.6M
$89.2M
$80.0M
$79.6M
General and administrative expenses
$38.7M
$39.6M
$39.2M
$41.3M
Other operating expenses
$36.8M
$34.8M
$37.1M
$37.0M
Collection agency commissions
$6.1M
$6.3M
$6.6M
$8.4M
Depreciation and amortization
$7.1M
$6.9M
$7.2M
$7.3M
Total operating expenses
$305.0M
$291.4M
$287.2M
$291.4M
Income from operations
$186.9M
$184.0M
$173.2M
$150.7M
Interest expense
($73.9M)
($73.0M)
($74.2M)
($73.9M)
Loss on extinguishment of debt
($30.5M)
—
—
—
Other income
$385.0K
$790.0K
$929.0K
$1.2M
Total other expense
($104.1M)
($72.3M)
($73.3M)
($72.7M)
Income before income taxes
$82.8M
$111.7M
$99.9M
$78.0M
Provision for income taxes
($18.8M)
($25.5M)
($25.2M)
($19.3M)
Net income
$64.0M
$86.2M
$74.7M
$58.7M
Basic (USD per share)
$2.97
$3.97
$3.22
$2.50
Diluted (USD per share)
$2.81
$3.86
$3.17
$2.49
Basic (shares)
21.6M
21.7M
23.2M
23.5M
Diluted (shares)
22.8M
22.3M
23.5M
23.6M
Balance sheet
ENCORE CAPITAL GROUP INC balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$156.8M
$199.9M
$158.4M
$143.9M
Receivable portfolios, net
$4.4B
$3.8B
—
—
Property and equipment, net
$82.1M
$80.6M
$104.0M
$113.9M
Other assets
$193.1M
$225.1M
$293.3M
$341.1M
Goodwill
$536.3M
$507.8M
$606.5M
$821.2M
Total assets
$5.3B
$4.8B
$4.6B
$4.5B
Accounts payable and accrued liabilities
$230.3M
$233.5M
$189.9M
$198.2M
Borrowings
$4.0B
$3.7B
$3.3B
$2.9B
Other liabilities
$131.5M
$116.1M
$186.0M
$231.7M
Total liabilities
$4.4B
$4.0B
$3.7B
$3.3B
Convertible preferred stock, $0.01 par value, 5,000 shares authorized, no shares issued and outstanding
0
0
0
0
Common stock, $0.01 par value, 75,000 shares authorized, 21,688 shares and 23,691 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively
217.0K
237.0K
235.0K
233.0K
Additional paid-in capital
$0
$19.3M
$11.1M
$0
Accumulated earnings
$1.1B
$909.9M
$1.0B
$1.3B
Accumulated other comprehensive loss
($128.1M)
($162.1M)
($123.9M)
($98.8M)
Total stockholders’ equity
$976.8M
$767.3M
$936.5M
$1.2B
Total liabilities and stockholders’ equity
$5.3B
$4.8B
$4.6B
$4.5B
ENCORE CAPITAL GROUP INC balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$182.9M
$227.2M
$172.5M
$172.9M
Receivable portfolios, net
$4.6B
$4.4B
$4.3B
$4.2B
Property and equipment, net
$80.6M
$79.3M
$82.0M
$84.1M
Other assets
$163.3M
$177.2M
$197.8M
$206.7M
Goodwill
$528.7M
$529.5M
$535.6M
$542.9M
Total assets
$5.6B
$5.5B
$5.3B
$5.2B
Accounts payable and accrued liabilities
$190.8M
$252.3M
$259.9M
$214.7M
Borrowings
$4.2B
$4.0B
$3.9B
$4.0B
Other liabilities
$116.2M
$130.2M
$111.3M
$115.3M
Total liabilities
$4.5B
$4.4B
$4.3B
$4.3B
Convertible preferred stock, $0.01 par value, 5,000 shares authorized, no shares issued and outstanding
0
0
0
0
Common stock, $0.01 par value, 75,000 shares authorized, 21,209 and 21,688 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively
212.0K
215.0K
229.0K
231.0K
Additional paid-in capital
$0
$0
$0
$0
Accumulated earnings
$1.2B
$1.2B
$1.1B
$1.0B
Accumulated other comprehensive loss
($131.4M)
($132.4M)
($131.3M)
($119.5M)
Total stockholders’ equity
$1.1B
$1.0B
$952.9M
$896.0M
Total liabilities and stockholders’ equity
$5.6B
$5.5B
$5.3B
$5.2B
Cash flow statement
ENCORE CAPITAL GROUP INC cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income (loss)
$256.8M
($139.2M)
($206.5M)
$194.6M
Depreciation and amortization
$28.8M
$32.4M
$41.7M
$50.5M
Other non-cash interest expense, net
$14.4M
$16.3M
$17.2M
$15.9M
Stock-based compensation expense
$18.3M
$14.0M
$13.9M
$15.4M
Deferred income taxes
$29.8M
($22.3M)
($55.9M)
$46.4M
Goodwill impairment
$0
$100.6M
$238.2M
—
Tangible asset impairment charges
$0
$18.5M
—
—
Changes in recoveries
($208.8M)
$89.7M
$82.5M
($93.1M)
Other, net
$7.7M
$17.9M
($2.3M)
$18.8M
Other assets
$9.9M
($28.2M)
$15.9M
($6.7M)
Accounts payable, accrued liabilities and other liabilities
($3.7M)
$56.4M
($10.4M)
($31.0M)
Net cash provided by operating activities
$153.2M
$156.2M
$153.0M
$210.7M
Purchases of receivable portfolios, net of put-backs
($1.4B)
($1.3B)
($1.1B)
($790.6M)
Collections applied to receivable portfolios
$1.1B
$859.9M
$658.1M
$709.2M
Purchases of real estate owned
$0
($212.0K)
($26.9M)
($39.3M)
Purchases of property and equipment
($26.3M)
($29.0M)
($24.8M)
($37.2M)
Proceeds from sale of real estate owned
$37.6M
$56.4M
$52.6M
—
Other, net
($1.9M)
$8.9M
($793.0K)
$27.7M
Net cash used in investing activities
($242.6M)
($440.4M)
($401.9M)
($130.2M)
Payment of loan and debt refinancing costs
($10.2M)
($21.4M)
($13.7M)
($1.7M)
Proceeds from credit facilities
$1.3B
$2.0B
$1.2B
$779.5M
Repayment of credit facilities
($1.4B)
($1.9B)
($989.6M)
($515.7M)
Proceeds from senior secured notes
$500.0M
$1.0B
$104.2M
$0
Repayment of senior secured notes
($116.0M)
($789.1M)
($39.1M)
($39.1M)
Proceeds from issuance of convertible senior notes
$0
$0
$230.0M
—
Repayment of convertible senior notes
($106.2M)
$0
($212.5M)
($221.2M)
Repayment of other debt
($42.5M)
—
—
—
Payments to settle derivative instruments
$0
($40.0M)
—
—
Repurchase and retirement of common stock
($90.4M)
$0
$0
($87.0M)
Other, net
($4.1M)
$5.0M
($7.0M)
($22.4M)
Net cash provided by financing activities
$44.9M
$317.8M
$268.3M
($107.4M)
Net (decrease) increase in cash and cash equivalents
($44.5M)
$33.5M
$19.4M
($27.0M)
Effect of exchange rate changes on cash and cash equivalents
$1.5M
$8.0M
($4.9M)
($18.7M)
Cash and cash equivalents, beginning of period
$199.9M
$158.4M
$143.9M
$189.6M
Cash and cash equivalents, end of period
$156.8M
$199.9M
$158.4M
$143.9M
Cash paid for interest
$259.8M
$210.6M
$163.8M
$131.4M
Cash paid for income taxes, net of refunds
$54.8M
$67.1M
$68.5M
$71.3M
Receivable portfolios transferred to real estate owned
$3.7M
$6.0M
$8.0M
$1.9M
ENCORE CAPITAL GROUP INC cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$150.2M
$86.2M
$180.2M
$105.5M
Depreciation and amortization
$14.0M
$6.9M
$21.8M
$14.7M
Loss on extinguishment of debt
$30.5M
—
—
—
Other non-cash interest expense, net
$5.2M
$2.5M
$11.2M
$7.2M
Stock-based compensation expense
$10.6M
$4.6M
$13.0M
$8.7M
Changes in recoveries
($133.9M)
($62.7M)
($140.7M)
($77.1M)
Other, net
$7.6M
$4.7M
$7.2M
$7.0M
Other assets
$8.5M
$4.9M
$17.3M
$14.9M
Accounts payable, accrued liabilities and other liabilities
($39.9M)
$35.3M
$26.3M
($26.2M)
Net cash provided by operating activities
$52.9M
$82.3M
$136.4M
$54.8M
Purchases of receivable portfolios, net of put-backs
($800.3M)
($359.5M)
($1.1B)
($725.4M)
Collections applied to receivable portfolios
$665.0M
$328.4M
$846.3M
$553.4M
Purchases of property and equipment
($13.2M)
($4.9M)
($19.3M)
($13.3M)
Other, net
$17.9M
$8.5M
$23.7M
$15.7M
Net cash used in investing activities
($130.7M)
($27.4M)
($215.5M)
($169.7M)
Payment of loan and debt refinancing costs
($38.4M)
($1.1M)
($3.9M)
($2.5M)
Proceeds from credit facilities
$791.1M
$358.0M
$812.8M
$549.6M
Repayment of credit facilities
($723.8M)
($304.2M)
($699.5M)
($418.5M)
Proceeds from senior secured notes
$1.1B
—
$0
$0
Repayment of senior secured notes
($983.5M)
—
$0
$0
Repurchase and retirement of common stock
($47.0M)
($20.1M)
($35.3M)
($25.2M)
Other, net
($20.2M)
($14.0M)
($23.5M)
($16.2M)
Net cash provided by financing activities
$106.8M
$18.6M
$50.6M
$87.2M
Net increase (decrease) in cash and cash equivalents
$29.1M
$73.5M
($28.6M)
($27.6M)
Effect of exchange rate changes on cash and cash equivalents
($3.0M)
($3.1M)
$1.2M
$646.0K
Cash and cash equivalents, beginning of period
$156.8M
$156.8M
$199.9M
$199.9M
Cash and cash equivalents, end of period
$182.9M
$227.2M
$172.5M
$172.9M
Cash paid for interest
$148.7M
$37.3M
$172.8M
$133.8M
Cash paid for income taxes, net of refunds
$33.8M
$860.0K
$40.2M
$29.3M
Receivable portfolios transferred to real estate owned