Company: FCFS
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000840489-25-000120
Chunk: 161

Company: FirstCash Holdings, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 2
Chunk 161
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’s LTO payment solution in its U.S. pawn stores.

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The following table details retail POS payment solutions gross transaction volumes originated during the nine months ended September 30, 2025 as compared to the nine months ended September 30, 2024 (dollars in thousands):

Nine Months EndedSeptember 30,20252024Leased merchandise$309,594 $444,045 Finance receivables435,217 350,332 Total gross transaction volume$744,811 $794,377 

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

Nine Months EndedSeptember 30, 20252024Leased merchandise portfolio metrics:Provision rate (1)28.5 %29.3 %Average monthly net charge-off rate (2)6.2 %5.9 %Delinquency rate (3)25.5 %23.6 %Finance receivables portfolio metrics:Provision rate (1)27.2 %29.1 %Average monthly net charge-off rate (2)4.8 %4.5 %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.

(3)Calculated as the percentage of the respective contractual earning asset balance owed that is 1 to 89 days past due (the Company charges off leases and finance receivables when they are 90 days or more contractually past due).

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U.S. Pawn Segment

Retail Merchandise Sales Operations

U.S. retail merchandise sales increased 7% to $754.1 million during the nine months ended September 30, 2025 compared to $702.1 million for the nine months ended September 30, 2024. Same-store retail sales increased 6% during the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024. The increase in total and same-store retail sales was primarily due to continued strong demand for value priced merchandise and increased inventory levels during