WORLD ACCEPTANCE CORP'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 (Mar 31, 2026 · FY), WORLD ACCEPTANCE CORP reported revenue of $585.2M (+3.6% year on year) and net income of $34.6M (-61.5% year on year).
| Line item | Mar 31, 2026 · FY | Mar 31, 2025 · FY | Mar 31, 2024 · FY | Mar 31, 2023 · FY |
|---|---|---|---|---|
| Interest and fee income | $484.8M | $465.1M | $468.5M | $508.3M |
| Insurance and other income, net | $100.3M | $99.8M | $104.7M | $108.2M |
| Total revenues | $585.2M | $564.8M | $573.2M | $616.5M |
| Provision for credit losses | $188.6M | $169.2M | $157.0M | $259.5M |
| Personnel | $200.0M | $141.1M | $164.5M | $177.7M |
| Occupancy and equipment | $48.4M | $49.1M | $49.8M | $52.1M |
| Advertising | $10.6M | $10.2M | $9.9M | $6.1M |
| Amortization of intangible assets | $3.2M | $3.8M | $4.2M | $4.5M |
| Other | $39.7M | $36.7M | $40.2M | $39.1M |
| Total general and administrative expenses | $301.9M | $240.9M | $268.6M | $279.5M |
| Interest expense | $49.4M | $42.7M | $48.2M | $50.5M |
| Total expenses | $539.9M | $452.9M | $473.8M | $589.4M |
| Income before income taxes | $45.2M | $112.0M | $99.4M | $27.1M |
| Income taxes | $10.7M | $22.2M | $22.1M | $5.9M |
| Net income | $34.6M | $89.7M | $77.3M | $21.2M |
| Basic (in dollars per share) | $7.00 | $16.54 | $13.45 | $3.69 |
| Diluted (in dollars per share) | $6.88 | $16.30 | $13.19 | $3.60 |
| Basic (in shares) | 4.9M | 5.4M | 5.7M | 5.7M |
| Diluted (in shares) | 5.0M | 5.5M | 5.9M | 5.9M |
| Line item | Jun 30, 2026 · Q1 | Dec 31, 2025 · Q3 | Sep 30, 2025 · Q2 | Jun 30, 2025 · Q1 |
|---|---|---|---|---|
| Interest and fee income | $121.5M | $126.0M | $119.0M | $115.3M |
| Insurance and other income, net | $17.7M | $15.3M | $15.5M | $17.1M |
| Total revenues | $139.2M | $141.3M | $134.5M | $132.5M |
| Provision for credit losses | $43.8M | $51.4M | $49.8M | $50.5M |
| Personnel | $50.8M | $51.3M | $48.0M | $45.8M |
| Occupancy and equipment | $12.0M | $12.4M | $11.8M | $11.8M |
| Advertising | $2.1M | $3.8M | $2.2M | $2.3M |
| Amortization of intangible assets | $773.7K | $777.0K | $808.6K | $831.0K |
| Other | $10.4M | $9.8M | $9.2M | $9.7M |
| Total general and administrative expenses | $76.1M | $78.1M | $72.0M | $70.4M |
| Interest expense | $11.4M | $12.8M | $14.3M | $9.6M |
| Total expenses | $131.3M | $142.3M | $136.2M | $130.5M |
| Income before income taxes | $7.9M | ($1.0M) | ($1.7M) | $1.9M |
| Income tax expense | $1.8M | ($102.0K) | $260.2K | $601.7K |
| Net income | $6.1M | ($911.3K) | ($1.9M) | $1.3M |
| Basic (in dollars per share) | $1.36 | -$0.19 | -$0.38 | $0.26 |
| Diluted (in dollars per share) | $1.33 | -$0.19 | -$0.38 | $0.25 |
| Basic (in shares) | 4.5M | 4.8M | 5.1M | 5.2M |
| Diluted (in shares) | 4.6M | 4.8M | 5.1M | 5.3M |
| Line item | Mar 31, 2026 · FY | Mar 31, 2025 · FY | Mar 31, 2024 · FY | Mar 31, 2023 · FY |
|---|---|---|---|---|
| Cash | $6.1M | $9.7M | $11.8M | $16.5M |
| Gross loans receivable | $1.3B | $1.2B | $1.3B | $1.4B |
| Unearned interest, insurance and fees | ($325.1M) | ($309.3M) | ($326.7M) | ($376.7M) |
| Allowance for credit losses | ($112.0M) | ($103.3M) | ($103.0M) | ($125.6M) |
| Loans receivable, net | $841.9M | $813.0M | $847.4M | $887.8M |
| Restricted cash | $23.3M | — | — | — |
| Income taxes receivable | $2.4M | $0 | $3.1M | — |
| Operating lease ROU assets, net | $71.5M | $76.2M | $79.5M | $81.3M |
| Property and equipment, net | $17.4M | $19.8M | $22.9M | $23.9M |
| Deferred income taxes, net | $41.2M | $33.3M | $30.9M | $41.7M |
| Other assets, net | $38.7M | $40.9M | $42.2M | $43.4M |
| Goodwill | $7.4M | $7.4M | $7.4M | $7.4M |
| Intangible assets, net | $4.2M | $7.4M | $11.1M | $15.3M |
| Total assets | $1.1B | $1.0B | $1.1B | $1.1B |
| Warehouse facility | $587.2M | — | — | — |
| Senior unsecured notes payable, net | $0 | $184.4M | $272.6M | $287.4M |
| Income taxes payable | $0 | $222.7K | $0 | $2.5M |
| Operating lease liability | $74.0M | $78.7M | $81.9M | $83.7M |
| Accounts payable and accrued expenses | $38.0M | $42.4M | $54.0M | $50.6M |
| Deferred revenue (contract liability) | $3.9M | — | — | — |
| Total liabilities | $703.1M | $568.1M | $631.9M | $732.1M |
| Preferred stock, no par value Authorized 5,000,000, no shares issued or outstanding | 0 | 0 | 0 | 0 |
| Common stock, no par value Authorized 95,000,000 shares; issued and outstanding 4,656,505 and 5,374,012 shares at March 31, 2026 and March 31, 2025, respectively | 0 | 0 | 0 | 0 |
| Additional paid-in capital | $279.4M | $266.4M | $286.4M | $288.1M |
| Retained earnings | $71.6M | $173.1M | $138.0M | $97.2M |
| Total shareholders' equity | $351.0M | $439.5M | $424.4M | $385.2M |
| Total liabilities and shareholders' equity | $1.1B | $1.0B | $1.1B | $1.1B |
| Line item | Jun 30, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash | $10.4M | $10.0M | $14.9M | $8.1M |
| Gross loans receivable | $1.3B | $1.4B | $1.3B | $1.3B |
| Unearned interest, insurance and fees | ($336.7M) | ($366.6M) | ($339.1M) | ($326.2M) |
| Allowance for credit losses | ($112.5M) | ($122.6M) | ($117.8M) | ($109.0M) |
| Loans receivable, net | $844.7M | $913.1M | $858.6M | $829.1M |
| Restricted cash | $17.6M | $32.2M | — | — |
| Income taxes receivable | $7.8M | $16.4M | $11.6M | $7.6M |
| Operating lease right‐of‐use assets, net | $72.8M | $72.3M | $73.1M | $74.6M |
| Property and equipment, net | $17.2M | $17.9M | $18.5M | $19.1M |
| Deferred income taxes, net | $37.1M | $32.1M | $32.5M | $29.1M |
| Other assets, net | $60.6M | $36.1M | $40.2M | $42.4M |
| Goodwill | $7.4M | $7.4M | $7.4M | $7.4M |
| Intangible assets, net | $3.4M | $5.0M | $5.8M | $6.6M |
| Total assets | $1.1B | $1.1B | $1.1B | $1.0B |
| Credit facility | $572.8M | $677.2M | $584.6M | — |
| Operating lease liability | $75.2M | $74.7M | $75.5M | $77.1M |
| Accounts payable and accrued expenses | $65.3M | $38.8M | $36.6M | $47.4M |
| Deferred revenue (contract liability) | $3.5M | — | — | — |
| Total liabilities | $716.9M | $790.8M | $696.7M | $596.2M |
| Preferred stock, no par value Authorized 5,000,000, no shares issued or outstanding | 0 | 0 | 0 | 0 |
| Common stock, no par value Authorized 95,000,000 shares; issued and outstanding 4,658,837 and 4,656,505 shares at June 30, 2026 and March 31, 2026, respectively | 0 | 0 | 0 | 0 |
| Additional paid-in capital | $286.7M | $275.5M | $273.5M | $266.5M |
| Retained earnings | $75.5M | $76.1M | $92.1M | $161.4M |
| Total shareholders' equity | $362.2M | $351.6M | $365.6M | $427.9M |
| Total liabilities and shareholders' equity | $1.1B | $1.1B | $1.1B | $1.0B |
| Line item | Mar 31, 2026 · FY | Mar 31, 2025 · FY | Mar 31, 2024 · FY | Mar 31, 2023 · FY |
|---|---|---|---|---|
| Net income | $34.6M | $89.7M | $77.3M | $21.2M |
| Amortization of intangible assets | $3.2M | $3.8M | $4.2M | $4.5M |
| Accrued unearned interest | ($2.3M) | $1.3M | ($1.1M) | $3.2M |
| Loss (gain) on extinguishment of senior unsecured notes payable | $3.7M | ($982.8K) | ($1.6M) | ($1.8M) |
| Amortization of deferred loan costs | $14.9M | $14.1M | $14.2M | $15.5M |
| Amortization of debt issuance costs | $1.6M | $1.3M | $1.7M | $1.7M |
| Amortization of discount on loans acquired in an asset purchase | ($358.8K) | ($597.0K) | — | — |
| Provision for credit losses | $188.6M | $169.2M | $157.0M | $259.5M |
| Depreciation | $5.8M | $6.3M | $6.7M | $6.2M |
| Gain on asset acquisitions, net of income tax | $0 | $0 | ($112.7K) | ($4.0M) |
| Gain on sale of property and equipment | ($376.9K) | ($60.1K) | ($57.1K) | $11.8K |
| Deferred income tax expense (benefit) | ($7.1M) | ($2.3M) | $10.7M | ($2.1M) |
| Stock-based compensation (reversal) related to equity classified awards | $19.3M | ($19.7M) | ($1.7M) | — |
| Gain on company-owned life insurance | ($156.8K) | ($171.7K) | ($154.1K) | ($104.1K) |
| Other assets, net | $5.5M | $1.1M | $1.2M | ($9.1M) |
| Income taxes payable and receivable | ($2.6M) | $3.3M | ($5.6M) | ($4.9M) |
| Deferred revenue (contract liability) | $576.0K | — | — | — |
| Accounts payable and accrued expenses | ($5.5M) | ($12.1M) | $3.1M | ($7.5M) |
| Net cash provided by operating activities | $259.4M | $254.2M | $265.8M | $291.6M |
| Originations of loans receivable | ($1.5B) | ($130.7M) | ($127.6M) | ($152.2M) |
| Repayments of loans receivable | $1.2B | — | — | — |
| Cash paid for acquisitions, primarily loans | $0 | ($18.9M) | ($2.0M) | ($23.1M) |
| Purchases of property and equipment | ($3.9M) | ($3.7M) | ($5.9M) | ($5.8M) |
| Proceeds from sale of property and equipment | $792.6K | $550.2K | $350.2K | $529.8K |
| Net cash used in investing activities | ($232.9M) | ($152.8M) | ($135.1M) | ($180.6M) |
| Borrowings from revolving credit facility | $769.5M | — | — | — |
| Payments on revolving credit facility | ($588.1M) | — | — | — |
| Payments for extinguished senior unsecured notes payable | ($188.3M) | — | — | — |
| Borrowing on warehouse facility | $232.9M | — | $0 | $0 |
| Payments on warehouse facility | ($89.6M) | ($88.0M) | ($14.0M) | ($7.2M) |
| Payments for debt extinguishment costs | ($26.4K) | ($12.5K) | ($28.1K) | ($22.9K) |
| Debt issuance costs associated with revolving credit facility | ($2.0M) | ($38.0K) | ($591.7K) | ($1.1M) |
| Debt issuance costs associated with warehouse facility | ($2.5M) | $0 | $0 | ($19.7K) |
| Proceeds from exercise of stock options | $2.7M | $2.4M | $2.9M | $654.9K |
| Payments for taxes related to net share settlement of equity awards | ($9.1M) | ($2.7M) | ($2.8M) | ($2.5M) |
| Repurchase of common stock | ($132.4M) | ($54.2M) | ($36.2M) | ($14.3M) |
| Net cash used in financing activities | ($6.8M) | ($103.5M) | ($135.3M) | ($113.7M) |
| Net change in cash and restricted cash | $19.6M | ($2.1M) | ($4.7M) | ($2.7M) |
| Cash and restricted cash at beginning of year | $9.7M | $11.8M | $16.5M | $19.2M |
| Cash and restricted cash at end of year | $29.4M | — | — | — |
| Interest paid during the year | $47.4M | $44.7M | $48.8M | $51.8M |
| Non-cash excise tax on stock repurchases | $1.2M | $486.1K | $301.3K | — |
| Line item | Jun 30, 2026 · Q1 | Dec 31, 2025 · YTD | Sep 30, 2025 · YTD | Jun 30, 2025 · Q1 |
|---|---|---|---|---|
| Net income | $6.1M | ($1.5M) | ($602.1K) | $1.3M |
| Amortization of intangible assets | $773.7K | $2.4M | $1.6M | $831.0K |
| Accrued unearned interest | ($1.9M) | ($10.4M) | ($4.7M) | ($2.4M) |
| Amortization of deferred loan cost | $4.1M | $11.0M | $7.1M | $3.7M |
| Loss on extinguishment of senior unsecured notes payable | $0 | $3.7M | $3.7M | $43.4K |
| Amortization of debt issuance costs | $561.2K | $1.0M | $507.4K | $279.1K |
| Amortization of discount on loans acquired in an asset purchase | ($12.9K) | ($337.0K) | ($292.4K) | ($210.5K) |
| Provision for credit losses | $43.8M | $151.8M | $100.4M | $50.5M |
| Depreciation | $1.4M | $4.4M | $3.0M | $1.5M |
| Gain on sale of property and equipment | ($193.6K) | ($423.8K) | ($363.8K) | ($330.4K) |
| Deferred income tax expense | $4.1M | $1.2M | $795.6K | $4.2M |
| Stock-based compensation related to equity classified awards | $5.2M | $14.6M | $9.2M | $3.1M |
| Other assets, net | $4.1M | $8.3M | $4.7M | ($1.5M) |
| Income taxes receivable | ($5.4M) | ($16.6M) | ($11.8M) | ($7.9M) |
| Deferred revenue (contract liability) | ($403.5K) | — | — | — |
| Accounts payable and accrued expenses | $2.1M | ($4.3M) | ($6.4M) | $5.0M |
| Net cash provided by operating activities | $64.4M | $164.8M | $106.8M | $58.2M |
| Originations of loans receivable | ($318.2M) | ($1.1B) | ($680.2M) | ($67.7M) |
| Repayments of loans receivable | $271.7M | $804.1M | $532.1M | — |
| Cash paid for acquisitions, primarily loans | ($2.3M) | $0 | $0 | — |
| Purchases of property and equipment | ($1.3M) | ($2.8M) | ($2.0M) | ($1.0M) |
| Proceeds from the sale of property and equipment | $240.7K | $719.9K | $650.2K | $479.9K |
| Purchases of historic tax credits | ($1.2M) | — | — | — |
| Net cash used in investing activities | ($51.0M) | ($254.2M) | ($149.4M) | ($68.3M) |
| Borrowings from revolving credit facility | $126.1M | $598.9M | $426.3M | — |
| Payments on revolving credit facility | ($102.4M) | ($285.6M) | ($104.2M) | — |
| Payments for extinguished senior unsecured notes payable | $0 | ($188.3M) | — | — |
| Borrowing on warehouse facility | $13.8M | $135.1M | — | — |
| Payments on warehouse facility | ($51.9M) | ($33.6M) | ($188.3M) | ($15.5M) |
| Payments for debt extinguishment costs | $0 | ($26.4K) | ($26.4K) | ($26.4K) |
| Debt issuance costs associated with revolving credit facility | ($214.5K) | ($1.9M) | ($1.9M) | ($132.9K) |
| Proceeds from exercise of stock options | $3.3M | $2.7M | $2.5M | $1.6M |
| Payments for taxes related to net share settlement of equity awards | ($1.3M) | ($8.3M) | ($4.6M) | ($4.6M) |
| Repurchase of common stock | ($2.2M) | ($94.6M) | ($79.6M) | ($13.0M) |
| Net cash provided by (used in) financing activities | ($14.8M) | $121.9M | $47.8M | $8.5M |
| Net change in cash and restricted cash | ($1.4M) | $32.5M | $5.2M | ($1.6M) |
| Cash and restricted cash at beginning of period | $29.4M | $9.7M | $9.7M | $9.7M |
| Cash and restricted cash at end of period | $28.0M | $42.2M | — | — |
| Interest paid during the period | $11.0M | $34.8M | $23.2M | $12.5M |
| Income taxes paid during the period | $2.0M | $6.1M | $5.4M | $1.0M |
| Excise tax on stock repurchases not paid during the period | $0 | $800.1K | $708.9K | $47.3K |
| Noncash investment in historic tax credits | $25.2M | — | — | — |
WORLD ACCEPTANCE CORP score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.