FirstCash Posts Record Q3, Raises Dividend 10% to $0.46, Reaffirms Ramsdens Close by Year-End
FCFS sits 29% above its 52-week low of $146.77 on elevated volume (2.3× avg).
Summary
FirstCash reported record Q3 revenue of $1.10 billion (+18%) and adjusted EPS of $2.68, beating the $2.63 estimate, and raised its quarterly dividend 10% to $0.46 while buying back $123 million of stock in the quarter. Pawn growth of 28% carried results; AFF remains the drag with Q4 net revenue guided down 15-20%.
Key Events · Earnings and Guidance · FCFS
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Record Q3 Revenue and EPS Beat
Revenue of $1.10 billion rose 18% from $935.6 million; GAAP diluted EPS was $2.33 versus $1.86, and adjusted EPS of $2.68 beat the $2.63 IBES estimate.
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Pawn Segments Grow 28%
Pawn segment revenue and segment income both increased 28% year over year, with record pawn receivables of $908 million versus $788 million a year ago and 13 consecutive quarters of double-digit same-store U.S. receivables growth.
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Dividend Raised 10% to $0.46
The board declared a $0.46 fourth quarter dividend, up 10% from the prior quarterly rate, payable November 24, 2026 to holders of record November 13, 2026; annualized that is $1.84 per share.
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$123M Buyback in Q3
FirstCash repurchased 592,000 shares at an average $208.64 for $123 million in Q3, taking year-to-date repurchases to 1,210,000 shares for $250 million, with $50 million remaining on the July 2026 authorization.
Analysis · FCFS · Trade & Services
The quarter itself was strong: revenue of $1.10 billion, up 18%, GAAP EPS of $2.33 versus $1.86 a year ago, and adjusted EPS of $2.68 that beat the $2.63 IBES estimate. Pawn is doing the heavy lifting — pawn segment revenue and segment income both rose 28%, with record pawn receivables of $908 million and 13 straight quarters of double-digit same-store U.S. receivables growth. The weak spot is American First Finance, where merchant bankruptcies and furniture weakness pushed gross transaction volume down 15% and net revenue down 20%, and management guides Q4 net revenue down another 15-20%. Against that, the board raised the quarterly dividend 10% to $0.46 (annualized $1.84) and the company bought back $123 million of stock in the quarter, $250 million year-to-date, with $50 million left on the July authorization. The Ramsdens deal cleared both shareholder and FCA approval and is targeted to close by end-2026 pending antitrust clearance, which would take the store base above 3,500. Net debt to adjusted EBITDA was 2.7x, improved from 2.9x a year ago, so the buyback and dividend are comfortably funded.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 29.3% of the 1529 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, FCFS was trading at $189.22 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $8.2B. The 52-week trading range was $146.77 to $238.93. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.