World Acceptance Corporation filed its quarterly report on Form 10-Q with the SEC for the period ended September 30, 2026, disclosing consolidated financial statements and related notes for the second quarter of fiscal year 2027.

Key Highlights

  • Total assets of $1,083,887,067 as of September 30, 2026, up from $1,054,120,644 as of March 31, 2026, according to the filing.
  • Gross loans receivable reached $1,319,019,036 at quarter end, compared with $1,278,988,323 at March 31, 2026.
  • Allowance for credit losses was $116,325,781 as of September 30, 2026, versus $112,047,278 at March 31, 2026.
  • Retained earnings declined to $59,046,402 from $71,562,880 at March 31, 2026, the company disclosed.
  • Shares outstanding were 4,524,080 at September 30, 2026, down from 4,656,505 at March 31, 2026, and 4,435,857 as of November 3, 2026.
  • The revolving credit facility balance stood at $502,521,046, with the warehouse facility at $89,572,169, as of September 30, 2026.
  • The consolidated variable interest entity held gross loans receivable of $147,203,475 and total assets of $111,503,952 at September 30, 2026.

World Acceptance Corporation's Second-Quarter Balance Sheet and Loan Portfolio Details

World Acceptance Corporation, a consumer finance company headquartered in Greenville, South Carolina that provides small-loan installment lending products, filed its Form 10-Q for the quarterly period ended September 30, 2026 on NASDAQ:WRLD. The consolidated balance sheet shows total assets grew to $1,083,887,067 from $1,054,120,644 at the close of fiscal year 2026 on March 31, 2026. Net loans receivable, after deducting unearned interest, insurance and fees of $346,908,694 and the allowance for credit losses of $116,325,781, were reported at $855,784,561.

On the liabilities side, the filing reports that total liabilities reached $735,048,974 at September 30, 2026, compared with $703,115,353 at March 31, 2026. The revolving credit facility accounted for $502,521,046 of that total, while the warehouse facility contributed $89,572,169. Total shareholders' equity was $348,838,093, a decrease from $351,005,291 at March 31, 2026, driven in part by the decline in retained earnings noted above. Additional paid-in capital increased to $289,791,691 from $279,442,411 over the same period.

The filing also presents a separate disclosure for a consolidated variable interest entity (VIE). According to the filing, the VIE held gross loans receivable of $147,203,475 and restricted cash of $14,181,308, with total assets of $111,503,952 as of September 30, 2026, all of which are included in the consolidated balance sheets presented above. The VIE's warehouse facility liability was $89,572,169. The glossary defines the Notes as "$300 million in aggregate principal amount of 7.0% unsecured senior notes due November 2026 issued on September 27, 2021," and the company maintains multiple equity incentive plans, including the 2017 Plan and the 2025 Stock Incentive Plan, referenced throughout the filing's glossary of defined terms.

What Was Disclosed

World Acceptance Corporation's 10-Q for the quarter ended September 30, 2026 disclosed consolidated balance sheets, statements of operations, statements of shareholders' equity, and cash flow statements, along with a VIE asset and liability table, a glossary of defined terms covering equity plans and debt instruments, and management's discussion of financial condition.