FirstCash adds U.K. pawn segment via H&T acquisition, driving 29% net income growth

Filed April 24, 2026 · Period ending March 31, 2026 · Compared to 10-Q Apr 28, 2025 · ~2 min read

Key Changes

• high

  H&T acquisition completed August 2025 added 289 U.K. stores generating $101.7M revenue and $39.2M pre-tax income (39% margin) in Q1 2026, materially higher than U.S. (29%) and Latin America (20%) margins, establishing FirstCash as a global pawn operator across three continents.

  MD&A: H&T acquisition and U.K. segment results verify on EDGAR →
• high

  U.S. pawn revenue rose 16% to $489M with pre-tax income up 25% to $141M (29% margin), driven by 13% pawn fee growth and higher scrap jewelry revenue from elevated gold prices; Latin America revenue jumped 40% (10% constant currency) to $257M with income up 62% to $51M.

  MD&A: U.S. and Latin America pawn segment performance verify on EDGAR →
• high

  AFF segment revenue declined 11% to $204.5M and pre-tax income fell 50% to $25.9M, driven by 17% drop in leased merchandise income following late-2024 bankruptcy of two large furniture partners and 18% increase in loan loss provision including $7.6M for new off-balance-sheet loans.

  MD&A: AFF segment performance verify on EDGAR →