Atlanticus Hold Financials
This page shows Atlanticus Hold (ATLCP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Balance-sheet expansion is lifting cash generation, but liability-funded growth is leaving each asset dollar less productive.
In FY2025, operating cash flow of$638M covered less than half of the investing outflow of$1.5B , so the year’s asset expansion was not self-funded despite cash inflows that ran well above net income. That financing-heavy growth coincided with debt-to-equity jumping to 11.5x and return on assets slipping to1.6% , meaning a larger platform is producing less profit per asset dollar.
The capital structure became much more dependent on liabilities in FY2025, with total liabilities reaching
The underlying revenue economics look steadier than the bottom line does: gross margin held near
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Atlanticus Hold's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Atlanticus Hold's revenue surged 38.8% year-over-year to $557.2M, reflecting rapid business expansion. This strong growth earns a score of 76/100.
Atlanticus Hold has elevated debt relative to equity (D/E of 11.47), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Atlanticus Hold's ROE of 19.8% shows moderate profitability relative to equity, earning a score of 59/100. This is down from 22.3% the prior year.
Atlanticus Hold passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Atlanticus Hold generates $5.29 in operating cash flow ($638.0M OCF vs $120.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Atlanticus Hold generated $557.2M in revenue in fiscal year 2025. This represents an increase of 38.8% from the prior year.
Atlanticus Hold reported $120.6M in net income in fiscal year 2025. This represents an increase of 9.5% from the prior year.
Atlanticus Hold earned $5.96 per diluted share (EPS) in fiscal year 2025. This represents an increase of 24.9% from the prior year.
Cash & Balance Sheet
Atlanticus Hold held $621.1M in cash against $0 in long-term debt as of fiscal year 2025.
Atlanticus Hold had 15M shares outstanding in fiscal year 2025. This represents an increase of 0.1% from the prior year.
Margins & Returns
Atlanticus Hold's gross margin was 71.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.6 percentage points from the prior year.
Atlanticus Hold's net profit margin was 21.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 5.8 percentage points from the prior year.
Atlanticus Hold's ROE was 19.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.5 percentage points from the prior year.
Capital Allocation
Atlanticus Hold spent $69.6M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 32.1% from the prior year.
ATLCP Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $189.7M+7.9% | $175.9M+24.9% | $140.8M+15.1% | $122.3M+3.5% | $118.2M+0.6% | $117.5M+17.0% | $100.4M+11.4% | $90.1M |
| Cost of Revenue | $44.9M-19.2% | $55.6M+42.4% | $39.0M+14.5% | $34.1M+6.0% | $32.2M-10.2% | $35.8M+27.6% | $28.1M+1.3% | $27.7M |
| Gross Profit | $144.8M+20.4% | $120.3M+18.2% | $101.8M+15.4% | $88.2M+2.5% | $86.1M+5.4% | $81.7M+13.0% | $72.3M+15.9% | $62.4M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $28.6M+27.4% | $22.5M+23.6% | $18.2M+36.0% | $13.4M-13.7% | $15.5M+23.4% | $12.6M+2.1% | $12.3M+2.7% | $12.0M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $122.8M-2.0% | $125.2M+65.9% | $75.5M+40.6% | $53.7M+12.9% | $47.5M+6.4% | $44.7M+5.1% | $42.5M+12.0% | $37.9M |
| Income Tax | $14.3M+22.9% | $11.6M+47.1% | $7.9M-19.9% | $9.9M+1.1% | $9.7M+9.6% | $8.9M+9.9% | $8.1M+80.9% | $4.5M |
| Net Income | $44.2M+31.7% | $33.5M+34.3% | $25.0M-18.3% | $30.6M-3.0% | $31.5M+4.7% | $30.1M+1.9% | $29.5M+21.7% | $24.3M |
| EPS (Diluted) | $2.23 | N/A | $1.21-19.9% | $1.51+1.3% | $1.49 | N/A | $1.27+28.3% | $0.99 |
ATLCP Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $7.5B-2.1% | $7.6B+7.7% | $7.1B+94.3% | $3.6B+11.3% | $3.3B0.0% | $3.3B+7.6% | $3.0B+7.1% | $2.8B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $651.1M+4.8% | $621.1M+46.1% | $425.0M+29.0% | $329.4M-6.0% | $350.4M-6.7% | $375.4M+21.6% | $308.7M-12.0% | $350.9M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $6.8B-2.8% | $7.0B+8.1% | $6.5B+112.1% | $3.0B+12.6% | $2.7B+0.4% | $2.7B+8.9% | $2.5B+9.0% | $2.3B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $648.4M+6.5% | $608.7M+3.3% | $589.3M+4.6% | $563.3M+5.7% | $532.7M+8.1% | $492.9M+7.7% | $457.7M+5.5% | $433.8M |
| Retained Earnings | $548.3M+8.3% | $506.4M+6.9% | $473.6M+5.0% | $450.9M+6.7% | $422.6M+7.1% | $394.6M+7.1% | $368.3M+6.7% | $345.1M |
ATLCP Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $286.3M+7.5% | $266.3M+147.8% | $107.5M-19.0% | $132.7M+0.8% | $131.6M+7.3% | $122.6M+9.1% | $112.4M-2.8% | $115.6M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$51.2M+89.4% | -$484.5M+4.4% | -$506.9M-25.0% | -$405.5M-253.0% | -$114.9M+34.7% | -$176.0M+42.5% | -$306.3M-55.3% | -$197.2M |
| Financing Cash Flow | -$198.5M-143.2% | $459.8M+4.0% | $442.2M+50.1% | $294.6M+637.0% | -$54.9M-132.6% | $168.3M-1.8% | $171.5M+2565.0% | $6.4M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $3.8M-76.6% | $16.4M+65424.0% | $25K-98.7% | $1.9M-96.3% | $51.2M+104.7% | $25.0M-3.1% | $25.8M+1928.6% | $1.3M |
ATLCP Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 76.3%+7.9pp | 68.4%-3.9pp | 72.3%+0.2pp | 72.1%-0.7pp | 72.8%+3.3pp | 69.5%-2.5pp | 72.0%+2.8pp | 69.3% |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 23.3%+4.2pp | 19.1%+1.3pp | 17.7%-7.3pp | 25.0%-1.7pp | 26.7%+1.0pp | 25.6%-3.8pp | 29.4%+2.5pp | 27.0% |
| Return on Equity | 6.8%+1.3pp | 5.5%+1.3pp | 4.2%-1.2pp | 5.4%-0.5pp | 5.9%-0.2pp | 6.1%-0.3pp | 6.5%+0.9pp | 5.6% |
| Return on Assets | 0.6%+0.1pp | 0.4%+0.1pp | 0.4%-0.5pp | 0.8%-0.1pp | 1.0%+0.0pp | 0.9%-0.1pp | 1.0%+0.1pp | 0.9% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 10.46-1.0 | 11.47+0.5 | 10.95+5.5 | 5.40+0.3 | 5.07-0.4 | 5.46+0.1 | 5.40+0.2 | 5.22 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Frequently Asked Questions
What is Atlanticus Hold's annual revenue?
Atlanticus Hold (ATLCP) reported $557.2M in total revenue for fiscal year 2025. This represents a 38.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Atlanticus Hold's revenue growing?
Atlanticus Hold (ATLCP) revenue grew by 38.8% year-over-year, from $401.4M to $557.2M in fiscal year 2025.
Is Atlanticus Hold profitable?
Yes, Atlanticus Hold (ATLCP) reported a net income of $120.6M in fiscal year 2025, with a net profit margin of 21.6%.
What is Atlanticus Hold's gross margin?
Atlanticus Hold (ATLCP) had a gross margin of 71.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Atlanticus Hold's net profit margin?
Atlanticus Hold (ATLCP) had a net profit margin of 21.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Atlanticus Hold's return on equity (ROE)?
Atlanticus Hold (ATLCP) has a return on equity of 19.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Atlanticus Hold's operating cash flow?
Atlanticus Hold (ATLCP) generated $638.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Atlanticus Hold's total assets?
Atlanticus Hold (ATLCP) had $7.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Atlanticus Hold's debt-to-equity ratio?
Atlanticus Hold (ATLCP) had a debt-to-equity ratio of 11.47 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Atlanticus Hold's return on assets (ROA)?
Atlanticus Hold (ATLCP) had a return on assets of 1.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Atlanticus Hold's Piotroski F-Score?
Atlanticus Hold (ATLCP) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Atlanticus Hold's earnings high quality?
Atlanticus Hold (ATLCP) has an earnings quality ratio of 5.29x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Atlanticus Hold?
Atlanticus Hold (ATLCP) scores 23 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.