Every 10-Q that World Acceptance Corp (WRLD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow WRLD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WRLD filings page.
World Acceptance Corporation, a small-loan consumer finance company, reported quarterly results for the three months ended June 30, 2026. Total revenues were $139.2 million, up from $132.8 million a year earlier, driven mainly by interest and fee income of $121.5 million. Net income rose to $6.1 million from $1.6 million, with basic and diluted EPS of $1.36 and $1.33, respectively. Provision for credit losses decreased to $43.8 million from $50.5 million, while general and administrative expenses increased to $76.1 million.
As of June 30, 2026, gross loans receivable were $1.29 billion and net loans receivable were $844.7 million, supported by an allowance for credit losses of $112.5 million. Nonaccrual loans totaled $63.2 million, and cash plus restricted cash were $28.0 million. Shareholders’ equity was $362.2 million within total assets of $1.08 billion. The company funded operations primarily through a revolving credit facility with $467.6 million outstanding and a $175.0 million warehouse facility with $105.2 million drawn. Both facilities are SOFR-based, and the company reports compliance with all financial covenants after a temporary relaxation of its fixed charge coverage ratio for 2026.
The Board has authorized up to $50.0 million of share repurchases; as of June 30, 2026, $10.0 million remained under this program, and the company estimated additional repurchase capacity of approximately $63.8 million under its revolving credit agreement, subject to Board approval and other conditions. During 2025, it repurchased 347,064 shares for $60.0 million in a privately negotiated transaction at $172.88 per share. The company also revised prior-period financial statements to defer Refund Assurance Plan fees over a 36‑month coverage period under ASC 606; the change increased prior-quarter 2025 net income by $0.2 million but was concluded to be immaterial, so earlier reports were not restated.
World Acceptance Corporation filed its quarterly report showing modest revenue growth but a swing to a small loss. For the quarter ended December 31, 2025, total revenues were $141.3 million, slightly above $138.6 million a year earlier, but higher credit costs and expenses led to a net loss of $0.9 million versus $13.4 million of profit.
For the nine months, the company reported a $1.5 million net loss compared with $45.5 million of net income in the prior-year period as provision for credit losses and personnel costs increased. Gross loans receivable rose to $1.40 billion from $1.23 billion, funded in part by heavier use of a new revolving credit facility and a $175.0 million warehouse facility, while shareholders’ equity declined as the company repurchased stock and redeemed its senior notes.
World Acceptance Corporation (WRLD) reported a quarterly net loss as credit costs and operating expenses rose. For the three months ended September 30, 2025, total revenues were $134,465,850 versus $131,409,504 a year ago. The company recorded a net loss of $1,946,197 (basic and diluted EPS of $-0.38), compared with net income of $22,128,158 last year. Key drivers included a higher provision for credit losses of $49,840,902, personnel expenses of $47,989,296, and interest expense of $14,342,594.
Loans receivable, net increased to $858,575,978, and the allowance for credit losses rose to $117,796,583. The company fully redeemed its senior unsecured notes during the quarter (ending balance $0) and reported a loss on extinguishment of $3,703,866. Revolving credit facility borrowings increased to $584,586,124. WRLD established a warehouse facility on September 29, 2025, with no loans pledged and no borrowings as of quarter-end. Capital returns were significant: the company repurchased 347,064 shares for $60.0 million at $172.88 per share on September 3, 2025, and $80,309,096 in repurchases for the six months. Shares outstanding were 5,038,077 as of October 31, 2025, with $33.4 million remaining under the repurchase authorization.