World Acceptance reports Q1 FY2027 net income of $6.1M, adjusted $9.7M excluding CEO costs

Filed July 24, 2026 · Period ending July 24, 2026 · ~1 min read

Key Changes

• high

  Net income $6.1M ($1.33/share), up from $1.6M ($0.30/share) prior year; adjusted net income $9.7M ($2.12/share) excluding $3.6M after-tax CEO transition expense. Total revenues rose 4.8% to $139.2M.

  Exhibit 99.1 view on EDGAR →
• high

  Credit quality improved: provision for credit losses fell $6.7M to $43.8M, net charge-offs down $1.5M to $43.3M, and annualized charge-off rate declined from 19.4% to 18.2% of average net loans.

  Exhibit 99.1 view on EDGAR →
• high

  New customer loan volume dropped 40.1% year-over-year after underwriting tightening at end of FY2026; management has since expanded underwriting and plans to carefully increase new customer lending.

  Exhibit 99.1 view on EDGAR →