Earnings Releases·Nov 4, 2026, 4:15 PM ET

Encore Capital Group — Third Quarter 2026 Earnings Summary

Consolidated revenue rose 18% year-over-year to $544.5 million, while GAAP net income surged 66% to $124.0 million ($5.57 per diluted share), driven by record global collections of $753.8 million (+14%) and portfolio purchases of $389.7 million (+13%).
Management raised full-year 2026 guidance across all key metrics: global portfolio purchases to $1.50–$1.55 billion, global collections to $2.90–$2.95 billion, and EPS to $15.50–$16.00, reflecting over 40% growth compared to 2025.
The company returned capital via $27 million in third-quarter share repurchases (totaling $73 million YTD) and reported Adjusted EBITDA of $245.2 million, up from $184.8 million in the prior year period.
Strong performance was attributed to the U.S. market's robust portfolio supply and operational execution, with MCM delivering record collections of $589.0 million (+17%), while the company maintains confidence in capitalizing on favorable purchasing conditions.