Company: FCFS
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000840489-25-000120
Chunk: 113

Company: FirstCash Holdings, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 113
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2025 as compared to the three months ended September 30, 2024 (in thousands):

Three Months EndedSeptember 30,20252024Leased merchandise$104,772 $143,146 Finance receivables144,012 142,910 Total gross transaction volume$248,784 $286,056 

The following table details retail POS payment solutions earning assets as of September 30, 2025 as compared to September 30, 2024 (in thousands):

As of September 30, 20252024Leased merchandise, net:Leased merchandise, before allowance for lease losses$164,215 $231,796 Less allowance for lease losses(64,306)(93,823)Leased merchandise, net (1)$99,909 $137,973 Finance receivables, net:Finance receivables, before allowance for loan losses$268,855 $232,948 Less allowance for loan losses(115,721)(109,197)Finance receivables, net$153,134 $123,751 

(1)Includes $0.2 million of intersegment transactions as of both September 30, 2025 and 2024 related to the Company offering AFF’s LTO payment solution in its U.S. pawn stores that are eliminated upon consolidation. 

The following table details  retail POS payment solutions changes in the allowance for lease and loan losses and other portfolio metrics for the three months ended September 30, 2025 as compared to the three months ended September 30, 2024:

Three Months EndedSeptember 30, 20252024Leased merchandise portfolio metrics:Provision rate (1)26.7 %27.4 %Average monthly net charge-off rate (2)6.7 %6.8 %Delinquency rate (3)25.5 %23.6 %Finance receivables portfolio metrics:Provision rate (1)28.0 %28.4 %Average monthly net charge-off rate (2)5.2 %4.8 %Delinquency rate (3)22.4 %19.4 %

(1)Calculated as provision for lease or loan losses as a percentage of the respective gross transaction volume originated. 

(2)Calculated as charge-offs, net of recoveries, as a percentage of the respective average earning asset balance before allowance for lease or loan losses.