Encore Capital Group, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 4, 2026, reporting third-quarter and year-to-date financial results for the debt purchasing and servicing company.

Key Highlights

  • Third-quarter net income: The company reported net income of $124,013 thousand for the three months ended September 30, 2026, compared with $74,660 thousand in the same period of 2025, according to the filing.
  • Total revenues: Total revenues for the three months ended September 30, 2026 were $544,541 thousand, up from $460,353 thousand in the prior-year quarter.
  • Nine-month net income: Net income for the nine months ended September 30, 2026 was $274,255 thousand, versus $180,177 thousand for the same period in 2025.
  • Diluted earnings per share: Diluted EPS for the third quarter was $5.57, compared with $3.17 in the third quarter of 2025; nine-month diluted EPS was $12.21 versus $7.57.
  • Total assets: Total assets stood at $5,682,707 thousand as of September 30, 2026, up from $5,339,800 thousand at December 31, 2025.
  • Shares outstanding: Common shares outstanding as of October 28, 2026 were 20,866,343, the filing disclosed.
  • Loss on extinguishment of debt: The company recorded a loss on extinguishment of debt of $30,533 thousand in the nine months ended September 30, 2026, with no comparable amount in the prior-year period.

Encore Capital's Third-Quarter 2026 Financial Results

Encore Capital Group (NASDAQ:ECPG), a Delaware-incorporated debt purchaser and servicer headquartered in San Diego, California, reported total revenues of $544,541 thousand for the three months ended September 30, 2026, according to the filing. Debt purchasing revenue, which includes portfolio revenue of $414,414 thousand and changes in recoveries of $111,043 thousand, totaled $525,457 thousand for the quarter. Servicing revenue was $17,474 thousand for the same period, the filing stated.

Income from operations for the third quarter was $230,605 thousand, up from $173,178 thousand in the three months ended September 30, 2025. Interest expense for the quarter was $72,299 thousand, compared with $74,242 thousand in the prior-year quarter. For the nine months ended September 30, 2026, total revenues reached $1,511,824 thousand versus $1,295,250 thousand in the comparable prior-year period, the filing disclosed.

On the balance sheet as of September 30, 2026, receivable portfolios, net, were $4,763,412 thousand, compared with $4,371,532 thousand at December 31, 2025. Total borrowings were $4,237,800 thousand at September 30, 2026, rising from $4,001,293 thousand at year-end 2025. Total stockholders' equity was $1,078,682 thousand at September 30, 2026, against $976,750 thousand at December 31, 2025. The company also reported accumulated other comprehensive loss of $124,247 thousand at September 30, 2026. During the nine months ended September 30, 2026, the company incurred a loss on extinguishment of debt of $30,533 thousand, with no such loss recorded in the nine months ended September 30, 2025.

What Was Disclosed

Encore Capital Group filed its quarterly report covering the period ended September 30, 2026, disclosing third-quarter net income of $124,013 thousand, nine-month total revenues of $1,511,824 thousand, total assets of $5,682,707 thousand, and a nine-month loss on extinguishment of debt of $30,533 thousand, with 20,866,343 common shares outstanding as of October 28, 2026.