Enova International, Inc.'s SEC filings document its online financial services business, public-company governance and financing arrangements used by lending subsidiaries. Recent 8-K reports cover operating results and amendments to receivables-backed facilities associated with OnDeck and NetCredit entities, including revolving loan commitments, note issuance arrangements and securitization facility terms.
Proxy materials describe board matters, shareholder voting items, executive compensation, equity awards and incentive-plan disclosures. Other material-event filings record management-transition compensation arrangements, capital-structure disclosures and obligations arising from amended credit facilities.
Enova International, Inc. (ENVA) deregistered 1,551,801 shares of common stock that remained unsold under its merger-related registration statement. Enova and Grasshopper Bancorp, Inc. agreed to mutually terminate their Merger Agreement effective October 16, 2026, and the related offering terminated. The shares had been registered for issuance in connection with the proposed merger.
Enova International, Inc. reported third-quarter 2026 revenue of $1,009.2 million and net income of $107.3 million, compared with $802.7 million and $80.3 million a year earlier. Net revenue was $614.4 million after a $394.8 million negative fair-value change, versus $460.7 million of net revenue after a $342.0 million negative change. Diluted earnings per share was $4.06, compared with $3.03.
For the first nine months of 2026, revenue was $2,813.2 million and net income was $303.5 million. Operating cash flow was $1,554.2 million. At September 30, loans and finance receivables at fair value totaled $6,596.0 million, and long-term debt was $5,376.9 million.
Wholly owned indirect subsidiaries issued $500.0 million and $300.9 million of asset-backed notes during the quarter. Proceeds from the $500.0 million issue funded small-business loan purchases and general corporate purposes; proceeds from the $300.9 million issue funded consumer-loan purchases, a reserve account, and transaction fees and expenses.
Enova International, Inc. reported third-quarter 2026 revenue of $1.01 billion, up 26% from $803 million a year earlier. Net income was $107 million, or $4.06 per diluted share, compared with third-quarter 2025 net income of $80 million and diluted EPS of $3.03. Adjusted earnings per share were $4.48, up 33%, and adjusted EBITDA was $269 million, up 23%.
Combined loans and finance receivables, including principal and accrued fees and interest, reached $5.9 billion, up 30% from the end of the third quarter of 2025, with $2.6 billion of originations. Net revenue margin was 61% versus 57%, and the net charge-off ratio fell to 8.1% from 8.5% year over year.
Liquidity was $1.3 billion at September 30, 2026, including cash and marketable securities and available capacity on facilities. Enova repurchased $46 million of common stock and began the fourth quarter with $252 million of available share repurchase capacity. Third-quarter costs included $1.4 million related to the planned acquisition of Grasshopper Bancorp, Inc. and its wholly owned subsidiary, Grasshopper Bank.
Enova International, Inc. and Grasshopper Bancorp, Inc., the parent of Grasshopper Bank, mutually terminated their Agreement and Plan of Merger effective October 16, 2026. Enova made a $4,000,000 cash payment to Grasshopper Bancorp under the termination agreement; neither party will pay other fees or have other liabilities to the other related to the merger agreement.
The agreement, entered into December 10, 2025 and amended December 18, 2025, contemplated Grasshopper merging into Enova, followed immediately by an interim national bank subsidiary of Enova merging into Grasshopper Bank, subject to the agreement’s terms and conditions.
NetCredit Receivables 2022, LLC, a wholly-owned indirect subsidiary of Enova International, Inc. (ENVA), entered into a fourth amendment to its Note Issuance and Purchase Agreement on October 13, 2026. Jefferies Funding LLC is the administrative agent and initial note purchaser; Citibank, N.A. is the collateral agent and paying agent, alongside note purchasers from time to time party to the agreement.
As amended, the agreement lists a $200,000,000 commitment amount, a borrowing rate of SOFR + 4.00%, and a 90% Funding Rate. The revolving period terminates October 15, 2028, and the maturity date is October 15, 2030.
Enova International, Inc. (ENVA), through its wholly owned indirect subsidiary OnDeck Asset Securitization IV, LLC (ODAS IV), issued $500,026,000 of fixed-rate asset-backed notes on September 25, 2026. Proceeds were used to purchase small-business loans from ODK Capital, LLC; OnDeck used substantially all proceeds from the transaction to purchase certain loans from affiliates and for other general corporate purposes. The notes have a weighted average fixed coupon of 6.22% per annum and are secured by a revolving pool of small-business loans. At issuance, ODAS IV held approximately $526 million of loans pledged as collateral.
The four classes, A through D, carry fixed rates from 5.61% to 8.28% per annum. Each class has a revolving period ending September 2028, optional prepayment beginning October 2027, and final maturity in October 2032. Continued facility use depends on loan eligibility, concentration limits and portfolio-performance covenants; failure to meet covenants or other requirements may result in accelerated repayment, an event of default or termination. ODAS IV owns the pledged assets, and noteholders have no direct recourse to Enova or OnDeck.
Enova International, Inc. (ENVA) reported that Executive Chairman David Fisher exercised stock options for 20,750 shares of common stock on September 17, 2026 at an exercise price of $20.73 per share, converting a tandem non-qualified stock option with a limited stock appreciation right into common stock.
On the same date, Fisher sold 20,750 shares of common stock at a weighted average price of $178.2377 per share under a Rule 10b5-1 trading plan adopted on January 30, 2026. Following the option exercise, he held 145,363 derivative securities (options) directly.
Enova International, Inc. (ENVA) received a Rule 144 notice from officer David Fisher for a proposed sale of up to 31,163 shares of common stock through Merrill Lynch on the NYSE, with an aggregate market value of $5,364,399. The notice states that 24,898,371 shares of Enova common stock are outstanding. It also lists several prior open-market sales by Fisher over the past three months, including transactions in June, July, and August 2026.
Enova International, Inc. amended its HWCR 2023 Securitization Facility through a new Omnibus Amendment, updating terms on a large revolving receivables financing vehicle. The facility, held by wholly-owned indirect subsidiary HWC Receivables 2023, LLC, now provides a total commitment of $535,000,000, split between Class A revolving loans of $400,000,000 and Class B revolving loans of $135,000,000.
Class A borrowings accrue interest at SOFR plus 2.75%, while Class B borrowings are priced at SOFR plus 8.50%; the total facility borrowing rate is stated as SOFR plus 4.20%. The borrowing base advance rate is 65.5% for Class A and 87.5% for Class B and the overall facility. The revolving period extends through March 2028, with a final maturity in March 2029. Enova identifies this amended securitization facility as a material definitive agreement and a direct financial obligation or off-balance sheet obligation.
Enova International, Inc. (ENVA) disclosed that its wholly owned indirect subsidiary, OnDeck Asset Securitization IV, LLC, intends to issue $500,026,000 of Series 2026-1 fixed-rate asset-backed notes in a private securitization backed by a revolving pool of small business loans originated or purchased by ODK Capital, LLC (OnDeck).
The notes are structured in four classes: Class A $235.3 million at 5.61%, Class B $114.6 million at 6.05%, Class C $94.7 million at 6.73% and Class D $55.4 million at 8.28%, each with a legal final payment date of October 18, 2032, and are expected to be rated by KBRA from AA (sf) down to BB (sf). The Issuer will be the sole obligor; the notes are not obligations of, or guaranteed by, Enova or OnDeck.
The Issuer will use net proceeds to purchase small business loans from OnDeck and fund a reserve account, while OnDeck plans to use substantially all proceeds it receives to purchase small business loans from affiliates and for general corporate purposes. Supplemental data show OnDeck’s portfolio growth and credit performance, including as of July 31, 2026 term loan unpaid principal of $1.75 billion with a 61+ days past-due balance of $69.8 million, and an annualized net charge-off rate of 10.94% on term loans and 12.01% on lines of credit.