Atlanticus Holdings Corp (ATLC) Form 10-Q — Aug 6, 2026

$ATLCForm 10-QFiled Aug 6, 2026, 4:17 PM ET0001437749-26-026279Original filing

Atlanticus Holdings posted Q2 2026 total revenue and other income of $744.3 million, up 88.8% from $394.2 million a year ago, with net income of $49.7 million versus $30.3 million. Diluted EPS rose to $2.50 from $1.51, and six-month net income reached $94.3 million on $1.42 billion of revenue. Growth was fueled largely by the September 11, 2025 acquisition of Mercury Financial, a near-prime credit card platform, which helped lift loans at fair value to $6.66 billion. The Mercury earn-out liability was marked down to $22.0 million from $40.0 million, contributing an $18.0 million fair-value gain to earnings.

Key figures

Eps: $3.13 basic / $2.50 diluted (Q2 2026); $5.93 basic / $4.74 diluted (six months 2026)
Revenue: $744.3 million (Q2 2026 total revenue and other income); $1,423.9 million (six months 2026)
Net Income: $49.7 million (Q2 2026); $94.3 million (six months 2026)
Total Debt: approximately $6,271.0 million ($5,578.9 million notes payable net + $692.1 million senior notes net)
Revenue Yoy: +88.8% (Q2 2026 vs Q2 2025)
Total Assets: $7,491.8 million
Cash Position: $555.2 million (plus $90.0 million restricted cash)
Shares Outstanding: 15170038
Net margin q2: $223.6 million vs $122.3 million prior year
Vies total assets: $6,743.1 million
Interest expense q2: $123.4 million vs $53.7 million prior year
Loans at fair value: $6,658.7 million
Effective tax rate q2: 24.7%
Caas income before taxes q2: $62.98 million
Mercury intangibles acquired: $32.4 million
Operating cash flow six months: $563.3 million vs $264.3 million prior year
Mercury contingent consideration: $22.0 million (down from $40.0 million at 12/31/2025)
Changes in fair value of loans q2: -$396.3 million vs -$216.8 million prior year
Auto finance income before taxes q2: $3.03 million

Price after filing

1 day: +0.0%7 days: -0.8%30 days: -2.4%

Close on the filing date to close N calendar days later (from $24.50). Historical, not a forecast.

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