Consumer Portfolio Services, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on October 30, 2026, reporting third-quarter net income of $6.953 million and total assets of $4.832 billion.

Key Highlights

  • Net income: $6.953 million for the three months ended September 30, 2026, compared to $4.853 million for the same period in 2025.
  • Total revenues: $131.910 million for Q3 2026, up from $108.421 million in Q3 2025.
  • Interest income: $129.082 million for the three months ended September 30, 2026, versus $107.166 million in the prior-year quarter.
  • Total assets: $4.832 billion as of September 30, 2026, compared to $3.858 billion as of December 31, 2025.
  • Finance receivables at fair value: $4.625 billion as of September 30, 2026, up from $3.656 billion at December 31, 2025.
  • Diluted earnings per share: $0.30 for Q3 2026, compared to $0.20 for Q3 2025.
  • Shares outstanding: 21,850,564 as of October 16, 2026, according to the filing.

Consumer Portfolio Services Reports Higher Revenue and Earnings in Third Quarter 2026

According to the filing, Consumer Portfolio Services, Inc. (NASDAQ:CPSS) recorded total revenues of $131.910 million for the three months ended September 30, 2026, driven primarily by interest income of $129.082 million. Total expenses for the same quarter were $121.832 million, with interest expense representing the largest component at $70.519 million. Income before income tax expense was $10.078 million, and income tax expense was $3.125 million, yielding net income of $6.953 million.

For the nine months ended September 30, 2026, the company reported total revenues of $365.633 million and net income of $18.726 million, compared to $325.060 million in revenues and $14.344 million in net income for the same period of 2025, according to the filing. Basic earnings per share for the nine-month period were $0.86, and diluted earnings per share were $0.80. The company disclosed purchases of finance receivables measured at fair value totaling $2.068 billion during the first nine months of 2026, and proceeds from issuance of securitization trust debt of $1.577 billion.

The condensed consolidated balance sheet as of September 30, 2026, showed total liabilities of $4.507 billion, including securitization trust debt of $3.459 billion and warehouse lines of credit of $735.840 million. Total shareholders' equity was $324.488 million, with retained earnings of $305.111 million. The company reported that it repurchased common stock during the nine months ended September 30, 2026, at a cost of $8.858 million, and received $3.447 million from the exercise of options and warrants, according to the cash flow statement.

What Was Disclosed

Consumer Portfolio Services filed its quarterly report covering the period ended September 30, 2026, disclosing third-quarter net income of $6.953 million, total assets of $4.832 billion, and finance receivables at fair value of $4.625 billion, with 21,889,129 shares issued and outstanding at quarter end.