Company: FCFS
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000840489-25-000120
Chunk: 147

Company: FirstCash Holdings, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 2
Chunk 147
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 Company’s 2024 Annual Report on Form 10-K. There have been no changes to the Company’s significant accounting policies for the nine months ended September 30, 2025.

25

RESULTS OF OPERATIONS (unaudited)

Operating Results for the Three Months Ended September 30, 2025 Compared to the Three Months Ended September 30, 2024

The following tables present segment information for the three months ended September 30, 2025 compared to the three months ended September 30, 2024 (in thousands). Operating expenses include salary and benefit expenses of pawn store-level employees and certain of AFF’s operations-focused departments, occupancy costs, bank and other payment processing charges, data analytics and decisioning costs, information technology costs, advertising costs, security, insurance, utilities, supplies, other costs incurred by the pawn stores and other operational costs incurred by AFF. Administrative expenses and amortization expense of acquired intangible assets are not included in the segment pre-tax operating income.

Three Months Ended September 30, 2025 U.S.PawnLatinAmericaPawnU.K.PawnRetail POSPaymentSolutionsCorporate/Intersegment EliminationsConsolidatedRevenue:   Retail merchandise sales$252,963 $144,644 $14,066 $— $(705)(1)$410,968 Pawn loan fees138,867 67,199 15,022 — — 221,088 Leased merchandise income— — — 132,540 — 132,540 Interest and fees on finance receivables— — — 81,683 — 81,683 Wholesale scrap jewelry sales45,607 17,831 23,272 — — 86,710 Other revenue— — 2,590 — — 2,590 Total revenue437,437 229,674 54,950 214,223 (705)935,579 Cost of revenue:    Cost of retail merchandise sold145,411 92,931 10,755 — (374)(1)248,723 Depreciation of leased merchandise— — — 76,253 (225)(1)76,028 Provision for lease losses— — — 28,005 (85)(1)27,920 Provision for loan losses— — — 40,347 — 40,347 Cost