The financials
Atlanticus Holdings Corporation by the numbers
Atlanticus Holdings Corporation (ATLC) reported revenue of $680M in Q1 2026 (quarter ended March 31, 2026), up 97% from the same quarter a year earlier. That came with a gross margin of 93% and net income of $44M (6.5% of revenue). For the full year FY2025, revenue was $1.97B (+50% year on year) and net income $122M. Its largest product in 2026-Q2 was Merchant Fees at $55M, 37% of the disclosed total, just ahead of Other at 32%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $680M | $345M | +97% |
| Gross profit | $635M | $313M | +103% |
| Operating income | $504M | $236M | +114% |
| Net income | $44M | $32M | +40% |
| Diluted EPS | $2.23 | $1.49 | +50% |
| Product | Revenue | Share |
|---|---|---|
| Merchant Fees | $55M | 37% |
| Other | $48M | 32% |
| Service Charges And Other Customer Related Fees Other | $22M | 14% |
| Interchange Revenues Other | $15M | 9.9% |
| Servicing Income Other | $11M | 7.3% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $151.7M (+36%)
Interchange Revenues Other grew +152% year on yearMerchant Fees -11% year on year
Segment Latestquarter on quarteryear on year
- Merchant Fees$55.4M$55.4MQoQ +72%year on year -11%+72%-11%
- Other$48.1M$48.1MQoQ +22%year on year +109%+22%+109%
- Service Charges And Other Customer Related Fees Other$22.0M$22.0MQoQ +9.3%year on year +89%+9.3%+89%
- Interchange Revenues Other$15.1M$15.1MQoQ +39%year on year +152%+39%+152%
- Servicing Income Other$11.1M$11.1MQoQ +31%year on year +104%+31%+104%