UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                             Washington, DC 20549

                                  FORM 10-Q

                QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) OF
                     THE SECURITIES EXCHANGE ACT OF 1934

        For the Quarter Ended                 Commission File Number:
            June 30, 2005                            0-19133


                     FIRST CASH FINANCIAL SERVICES, INC.
            (Exact name of registrant as specified in its charter)


                     Delaware                      75-2237318
       (state or other jurisdiction    (IRS Employer Identification No.)
     of incorporation or organization)

      690 East Lamar Blvd., Suite 400
             Arlington, Texas                        76011
 (Address of principal executive offices)         (Zip Code)

     Registrant's telephone number, including area code:  (817) 460-3947


      Indicate by check mark whether the registrant (1) has filed all reports
 required to be filed by Section 13  or 15(d) of the Securities Exchange  Act
 of 1934 during the preceding 12 months (or for such shorter period that  the
 registrant was required to file such  reports), and (2) has been subject  to
 such filing requirements for the past 90 days.  Yes X  No ___

      Indicate by check mark whether the  registrant is an accelerated  filer
 (as defined in  Rule 12b-2  of the Securities  Exchange Act).  Yes X  No ___

      As  of July 26, 2005  there  were  15,556,561  shares  of  Common Stock
 outstanding.

<PAGE>

                        PART I.  FINANCIAL INFORMATION

 ITEM 1.  FINANCIAL STATEMENTS

                     FIRST CASH FINANCIAL SERVICES, INC.
                    CONDENSED CONSOLIDATED BALANCE SHEETS

                                                   June 30,        December 31,
                                             -------------------- -------------
                                               2005        2004        2004
                                              -------     -------     -------
                                                  (unaudited)
                                             (in thousands, except share data)
                     ASSETS
 Cash and cash equivalents................   $ 19,092    $ 20,083    $ 26,232
 Service charges receivable...............      4,776       4,208       4,512
 Pawn receivables.........................     26,924      23,063      23,429
 Short-term advance receivables, net of
   allowance of $505, $464 and $552,
   respectively...........................     14,068      13,069      15,465
 Inventories..............................     18,451      16,471      17,644
 Prepaid expenses and other current assets      1,731       1,114       1,378
 Income taxes receivable..................        829       3,044         867
                                              -------     -------     -------
    Total current assets .................     85,871      81,052      89,527
 Property and equipment, net..............     21,367      16,104      17,376
 Goodwill.................................     53,237      53,237      53,237
 Other....................................        905         739         799
                                              -------     -------     -------
                                             $161,380    $151,132    $160,939
                                              =======     =======     =======
      LIABILITIES AND STOCKHOLDERS' EQUITY
 Accounts payable.........................   $  1,346    $    832    $    856
 Accrued expenses.........................      6,969       6,692       8,686
                                              -------     -------     -------
    Total current liabilities ............      8,315       7,524       9,542
 Deferred income taxes payable............      7,509       6,555       7,351
                                              -------     -------     -------
                                               15,824      14,079      16,893
                                              -------     -------     -------
 Stockholders' equity:
   Preferred stock; $.01 par value;
     10,000,000 shares authorized ........          -           -           -
   Common stock; $.01 par value;
     90,000,000 shares authorized ........        167         161         166
   Additional paid-in capital ............     80,177      70,734      78,556
   Retained earnings .....................     88,732      66,158      77,440
   Common stock held in treasury .........    (23,520)          -     (12,116)
                                              -------     -------     -------
                                              145,556     137,053     144,046
                                              -------     -------     -------
                                             $161,380    $151,132    $160,939
                                              =======     =======     =======

                 The accompanying notes are an integral part
            of these condensed consolidated financial statements.

<PAGE>
                     FIRST CASH FINANCIAL SERVICES, INC.
                 CONDENSED CONSOLIDATED STATEMENTS OF INCOME


                                   Three Months Ended       Six Months Ended
                                        June 30,                June 30,
                                   -------------------     ------------------
                                    2005         2004       2005        2004
                                   -------     -------     -------    -------
                             (unaudited, in thousands, except per share amounts)
 Revenues:
   Merchandise sales..........    $ 22,544    $ 18,626    $ 46,781   $ 39,097
   Pawn service charges.......       9,569       8,044      18,523     16,178
   Short-term advance service
     charges..................      13,262      12,639      25,931     24,642
   Check cashing fees.........         691         723       1,517      1,633
   Other......................         262         286         575        618
                                   -------     -------     -------    -------
                                    46,328      40,318      93,327     82,168
                                   -------     -------     -------    -------
 Cost of revenues:
   Cost of goods sold.........      13,380      10,657      27,970     22,727
   Short-term advance loss
     provision................       3,018       3,017       4,599      4,406
   Check cashing returned
     items expense............          48          56         134        129
                                   -------     -------     -------    -------
                                    16,446      13,730      32,703     27,262
                                   -------     -------     -------    -------
 Gross profit.................      29,882      26,588      60,624     54,906
                                   -------     -------     -------    -------
 Expenses:
   Store operating expenses...      16,164      14,593      31,925     29,370
   Administrative expenses....       4,209       4,250       8,425      8,662
   Depreciation...............       1,370         988       2,662      1,909
   Interest expense ..........           -           -           -         43
   Interest income............         (87)        (18)       (171)       (32)
                                   -------     -------     -------    -------
                                    21,656      19,813      42,841     39,952
                                   -------     -------     -------    -------
 Income before income taxes...       8,226       6,775      17,783     14,954
 Provision for income taxes...       3,003       2,529       6,491      5,530
                                   -------     -------     -------    -------
 Net income...................    $  5,223    $  4,246    $ 11,292   $  9,424
                                   =======     =======     =======    =======
 Net income per share:
      Basic...................    $   0.33    $   0.26    $   0.71   $   0.60
                                   =======     =======     =======    =======
      Diluted.................    $   0.32    $   0.25    $   0.68   $   0.55
                                   =======     =======     =======    =======

                 The accompanying notes are an integral part
            of these condensed consolidated financial statements.

<PAGE>

                     FIRST CASH FINANCIAL SERVICES, INC.
               CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

                                                  Six Months Ended June 30,
                                                  -------------------------
                                                       2005        2004
                                                     --------    --------
                                                   (unaudited, in thousands)
 Cash flows from operating activities:
  Net income ....................................   $  11,292   $   9,424
  Adjustments to reconcile net income to net cash
    flows from operating activities:
    Depreciation  ...............................       2,662       1,909
    Short-term advance loss provision ...........       4,599       4,406
    Stock option and warrant income tax benefit..         666       5,821
  Changes in operating assets and liabilities:
    Service charges receivable ..................        (264)       (290)
    Inventories .................................        (315)       (285)
    Prepaid expenses and other assets ...........        (459)       (206)
    Accounts payable and accrued expenses .......      (1,227)     (3,362)
    Current and deferred income taxes  ..........         196        (831)
                                                     --------    --------
      Net cash flows from operating activities ..      17,150      16,586
                                                     --------    --------
 Cash flows from investing activities:
  Pawn receivables, net .........................      (3,987)     (3,624)
  Short-term advance receivables, net ...........      (3,202)     (3,716)
  Purchases of property and equipment ...........      (6,653)     (3,595)
                                                     --------    --------
      Net cash flows from investing activities ..     (13,842)    (10,935)
                                                     --------    --------
 Cash flows from financing activities:
  Proceeds from debt ............................           -       3,000
  Repayments of debt ............................           -      (9,000)
  Purchase of treasury stock ....................     (11,404)     (1,347)
  Proceeds from exercise of stock options
    and warrants ................................         956       5,932
                                                     --------    --------
      Net cash flows from financing activities ..     (10,448)     (1,415)
                                                     --------    --------

 Change in cash and cash equivalents.............      (7,140)      4,236
 Cash and cash equivalents at beginning
   of the period.................................      26,232      15,847
                                                     --------    --------
 Cash and cash equivalents at end of the period..   $  19,092   $  20,083
                                                     ========    ========
 Supplemental disclosure of cash flow information:
  Cash paid during the period for:
    Interest ....................................   $       -   $      43
                                                     ========    ========
    Income taxes ................................   $   6,086   $     541
                                                     ========    ========

 Supplemental disclosure of non-cash investing activity:
  Non-cash transactions in connection with pawn
    receivables settled through forfeitures of
    collateral transferred to inventories .......   $  17,554   $  15,110
                                                     ========    ========

                 The accompanying notes are an integral part
            of these condensed consolidated financial statements.

<PAGE>

                     FIRST CASH FINANCIAL SERVICES, INC.
             NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                 (UNAUDITED)


 Note 1 - Basis of Presentation

      The accompanying unaudited condensed consolidated financial statements,
 including the notes thereto,  include the accounts  of First Cash  Financial
 Services,  Inc.  (the  "Company"), and  its  wholly-owned  subsidiaries.  In
 addition, the  accompanying consolidated  financial statements  include  the
 accounts of Cash & Go, Ltd., a Texas limited partnership that owns financial
 services kiosks inside convenience  stores, in which the  Company has a  50%
 ownership interest.  All significant intercompany accounts and  transactions
 have been eliminated.

      Such unaudited consolidated financial  statements are condensed and  do
 not include all  disclosures and  footnotes required  by generally  accepted
 accounting principles in the United States of America for complete financial
 statements.  Such  interim  period financial  statements should  be read  in
 conjunction with the Company's consolidated financial statements,  which are
 included in the Company's December 31, 2004 Annual Report on Form 10-K.  The
 condensed consolidated financial statements as of June 30, 2005, and for the
 three and six-month periods ended June 30, 2005 and 2004, are unaudited, but
 in management's opinion, include all adjustments (consisting of only  normal
 recurring adjustments) considered necessary to present fairly the  financial
 position, results of  operations and cash  flows for  such interim  periods.
 Operating results for the  periods ended June 30,  2005 are not  necessarily
 indicative of the results that may be expected for the full fiscal year.

      Certain amounts  in  prior  year comparative  presentations  have  been
 reclassified in order to conform to the 2005 presentation.


 Note 2 - Revolving Credit Facility

      The Company maintains a  long-term line of  credit with two  commercial
 lenders (the "Credit Facility").  The Credit Facility provides a $25,000,000
 long-term line of credit that matures on April 15, 2007, and bears  interest
 at the prevailing LIBOR rate (which was approximately 3.4% at June 30, 2005)
 plus a fixed interest  rate margin of 1.375%.  Amounts available  under  the
 Credit Facility are limited to 300% of the Company's earnings before  income
 taxes, interest, and depreciation for the  trailing twelve months.  At  June
 30, 2005, the  Company had  no amounts  outstanding under  the facility  and
 $25,000,000  available  for  borrowings.  Under  the  terms  of  the  Credit
 Facility, the Company is required to  maintain certain financial ratios  and
 comply with certain technical covenants.  The Company was in compliance with
 the requirements and covenants of the  Credit Facility as of June 30,  2005,
 and July 26, 2005.  The Company is required to pay an annual commitment  fee
 of  1/8 of 1% on the  average daily unused  portion of  the Credit  Facility
 commitment.  The  Company's Credit Facility  contains provisions that  allow
 the Company to  repurchase stock and/or  pay cash  dividends within  certain
 parameters.  Substantially  all of the  unencumbered assets  of the  Company
 have been  pledged  as  collateral against  indebtedness  under  the  Credit
 Facility.


 Note 3 - Earnings Per Share

          The following table sets forth the computation of basic and diluted
 earnings per share (in thousands, except per share data):

                                          Three Months Ended  Six Months Ended
                                               June 30,          June 30,
                                          ------------------  ----------------
                                             2005     2004     2005     2004
                                            ------   ------   ------   ------
 Numerator:
      Net income for calculating basic
        and diluted earnings per share     $ 5,223  $ 4,246  $11,292  $ 9,424
                                            ======   ======   ======   ======
 Denominator:
      Weighted-average common shares
        for calculating basic earnings
        per share                           15,679   16,033   15,871   15,732
      Effect of dilutive securities:
        Stock options and warrants             738    1,261      844    1,454
                                            ------   ------   ------   ------
      Weighted-average common
        shares for calculating diluted
        earnings per share                  16,417   17,294   16,715   17,186
                                            ======   ======   ======   ======

 Basic earnings per share                  $  0.33  $  0.26  $  0.71  $  0.60
                                            ======   ======   ======   ======
 Diluted earnings per share                $  0.32  $  0.25  $  0.68  $  0.55
                                            ======   ======   ======   ======


 Note 4 - Employee Stock Incentive Plans

      The Company  accounts  for its  employee  stock incentive  plans  under
 Accounting Principles  Board  (APB) Opinion  No.  25, Accounting  for  Stock
 Issued  to  Employees,  and  the  related  interpretations  under  Financial
 Accounting Standards  Board (FASB)  Interpretation  No. 44,  Accounting  for
 Certain Transactions Involving  Stock Compensation.  Accordingly, no  stock-
 based employee compensation cost is reflected  in net income as all  options
 and warrants granted  had an  exercise price greater  than or  equal to  the
 market  value  of the  underlying common  stock  on  the date of  grant.  In
 accordance with  SFAS No. 148,  Accounting  for Stock-Based  Compensation  -
 Transition and Disclosure,  the  following table illustrates the  effect  on
 net  income  and  earnings per share as if  the Company had applied the fair
 value recognition  provisions  of  SFAS No. 123,  Accounting for Stock-Based
 Compensation, to stock-based employee compensation.

                                          Three Months Ended  Six Months Ended
                                               June 30,          June 30,
                                          ------------------  ----------------
                                             2005     2004     2005     2004
                                            ------   ------   ------   ------
   Net income, as reported                 $ 5,223  $ 4,246  $11,292  $ 9,424
   Less:  Stock-based employee
     compensation determined under the
     fair value requirements of SFAS
     123, net of income tax benefits            46       55    7,438    2,411
                                            ------   ------   ------   ------
   Adjusted net income                     $ 5,177  $ 4,191  $ 3,854  $ 7,013
                                            ======   ======   ======   ======
   Earnings per share:
      Basic, as reported                   $  0.33  $  0.26  $  0.71  $  0.60
      Basic, adjusted                      $  0.33  $  0.26  $  0.24  $  0.45

      Diluted, as reported                 $  0.32  $  0.25  $  0.68  $  0.55
      Diluted, adjusted                    $  0.32  $  0.24  $  0.23  $  0.41


    The fair values were determined using a Black-Scholes option-pricing
 model using the following assumptions:

                                      Three Months Ended   Six Months Ended
                                           June 30,           June 30,
                                      ------------------   ----------------
                                        2005      2004      2005      2004
                                       ------    ------    ------    ------
         Dividend yield                     -         -         -         -
         Volatility                      45.0%     52.7%     45.0%     52.7%
         Risk-free interest rate          3.5%      3.5%      3.5%      3.5%
         Expected life                5.0 years 5.5 years 5.0 years 5.5 years


      In December 2004,  the FASB issued  Statement No.  123(R), Share  Based
 Payments ("FAS 123(R)").  This  statement, which will  be effective for  the
 Company beginning in  2006, requires that  companies recognize  compensation
 expense equal  to the  fair  value of  stock  options or  other  share-based
 payments.  In January 2005, the Company issued options to purchase 2,076,000
 shares of common stock to certain employees and directors under its existing
 stock option plans.  These options were issued in seven equal layers to each
 recipient with exercise prices for the layers set at $25.00, $30.00, $35.00,
 $40.00, $45.00, $50.00 and $55.00.  The options were fully-vested as of  the
 date of  grant, and  accordingly, the  Company will  not record  share-based
 compensation expense related to these options when FAS 123(R) is adopted.

      During the period  from  January 1, 2005,  through  June 30, 2005,  the
 Company  issued  125,000 shares  of common stock relating to the exercise of
 outstanding stock options and  warrants for an  aggregate exercise price  of
 $1,623,000, including income tax benefit.



 ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
          RESULTS OF OPERATIONS

 GENERAL

      First Cash  Financial  Services, Inc.  (the  "Company"), is  a  leading
 provider of specialty consumer finance products.  As  of July 26, 2005,  the
 Company had 309 locations  in eleven U.S. states  and six states in  Mexico.
 The Company's pawn stores engage in  both consumer finance and retail  sales
 activities and are a convenient source for small consumer advances ("pawns")
 secured by pledged  tangible personal property such  as jewelry,  electronic
 equipment, tools, sporting goods  and  musical  equipment.  The pawn  stores
 also  retail  previously  owned  merchandise  acquired  through   collateral
 forfeitures and  over-the-counter purchases  from  customers.  Many  of  the
 Company's U.S.  pawn stores  also offer  payday advances  or related  credit
 services.

      The Company also  operates stand-alone payday  advance stores in  seven
 U.S.  states.  These  stores provide  a broad  range of  consumer  financial
 services products, including short-term or payday advances, payday  advance-
 related credit services,  check cashing, money  orders, money transfers  and
 prepaid card products.  In addition, the Company is a 50% partner in Cash  &
 Go, Ltd.,  a  Texas limited  partnership.  Cash & Go, Ltd. owns and operates
 kiosks  located inside convenience stores and offers  payday advance-related
 credit services and check cashing.

      Effective July 1, 2005,  First Cash began marketing a fee-based  credit
 services  package  in  its  Texas  locations,  which  includes  access  to a
 short-term  loan funded by an independent consumer  finance lender operating
 under  existing  Texas  laws.  The  Company's  credit  services  product  is
 authorized under existing provisions of the Texas Finance Code.  Under these
 provisions, First Cash Credit, Ltd. ("FCC"),  a wholly  owned subsidiary  of
 the Company, has registered as a "Credit  Services Organization" in order to
 provide, for  a fee,  credit services to help consumers  in obtaining credit
 and  improving their credit rating.  As part of these  services, FCC assists
 customers in applying  for loans from an independent,  Texas-based  consumer
 lending  company.  First Cash's Texas-based subsidiaries  continue to  offer
 pawn  loans  and  bank-funded  payday  advances,  as well as the  new credit
 services product.


 OPERATIONS AND LOCATIONS

      The following table details  store counts for  the three and  six-month
 periods ended June 30, 2005:

                                 Three Months Ended        Six Months Ended
                                    June 30, 2005           June 30, 2005
                               ----------------------  ----------------------
                                       Payday                  Payday
                                Pawn   Advance  Total   Pawn   Advance  Total
                               Stores  Stores  Stores  Stores  Stores  Stores
                               ------  ------  ------  ------  ------  ------
  Beginning of period count      205      92     297     197      87     284

  New stores opened                9       1      10      19       6      25

  Stores closed or consolidated    -       -       -      (2)      -      (2)
                               ------  ------  ------  ------  ------  ------
  End of period count            214      93     307     214      93     307
                               ======  ======  ======  ======  ======  ======

      At June 30, 2005,  a total of  69 pawn stores  also offered the  payday
 advance product in addition to  pawn loans and retail  sales.  For the  six-
 month period ended  June 30, 2005,  the Company's 50%  owned joint  venture,
 Cash & Go, Ltd.,  operated a total of  40 kiosks located inside  convenience
 stores in the state of Texas, which are not included in the above chart.  No
 kiosks were opened or closed during the six months ended June 30, 2005.

      Although the Company has had significant  increases in revenues due  to
 new store openings in 2004 and 2005, the Company has also incurred increases
 in operating  expenses attributable  to  the  additional  stores.  Operating
 expenses consist  of all  items directly  related to  the operation  of  the
 Company's stores,  including  salaries  and  related  payroll  costs,  rent,
 utilities,  equipment,  advertising,  property  taxes,  licenses,   supplies
 and  security.  Administrative  expenses  consist  of items  relating to the
 operation of the  corporate office,  including  the compensation and benefit
 costs  of  corporate  officers,   area  supervisors  and  other   operations
 management, accounting  and  administrative  costs,  information  technology
 costs, liability and casualty insurance,  outside legal and accounting  fees
 and stockholder-related expenses.

      Stores included in the same-store revenue calculations are those stores
 that were opened prior to the beginning of the prior year comparative fiscal
 period and are  still  open.  Also included are  stores that were  relocated
 during the year within a specified  distance serving the same market,  where
 there is not a  significant change in store  size and where  there is not  a
 significant overlap or gap  in timing between the  opening of the new  store
 and the closing  of the existing  store.  During  the periods reported,  the
 Company has not had store expansions  that involved a significant change  in
 the size of retail showrooms, and accordingly, no expanded stores have  been
 excluded from  the same-store calculations.  Revenues of the Cash & Go, Ltd.
 joint  venture  kiosks  are not included in same-store revenue calculations.
 Sales of scrap jewelry are included in same-store revenue calculations.


 CRITICAL ACCOUNTING POLICIES

      The preparation of financial  statements in conformity with  accounting
 principles generally  accepted  in the  United  States of  America  requires
 management to  make  estimates  and assumptions  that  affect  the  reported
 amounts of  assets  and  liabilities, related  revenues  and  expenses,  and
 disclosure of  gain and  loss contingencies  at the  date of  the  financial
 statements.  Such estimates and assumptions are subject to a number of risks
 and uncertainties, which may cause actual results to differ materially  from
 the  Company's  estimates.  Both the  significant accounting  policies  that
 management believes are the most critical to aid in fully understanding  and
 evaluating  the  reported  financial  results  and  the  effects  of  recent
 accounting pronouncements have  been reported in  the Company's 2004  Annual
 Report on Form 10-K.

      In December 2004,  the FASB issued  Statement No.  123(R), Share  Based
 Payments ("FAS 123(R)").  This  statement, which will  be effective for  the
 Company beginning in  2006, requires that  companies recognize  compensation
 expense equal  to the  fair  value of  stock  options or  other  share-based
 payments.  In January 2005, the Company issued options to purchase 2,076,000
 shares of common stock to certain employees and directors under its existing
 stock option plans.  These options were issued in seven equal layers to each
 recipient with exercise prices for the layers set at $25.00, $30.00, $35.00,
 $40.00, $45.00, $50.00 and $55.00.  The options were fully-vested as of  the
 date of  grant, and  accordingly, the  Company will  not record  share-based
 compensation expense related to  these options when  FAS 123(R) is  adopted.
 The Company designed  the terms  and conditions of  this option  grant in  a
 manner so as  to provide meaningful  long-term performance-based  incentives
 for the  management  team and  to  reduce future  share  based  compensation
 expense under  FAS  123(R).  In June 2005,  858,000  of the  options  issued
 in  January  2005  and  still  outstanding were canceled.  These options had
 exercise prices ranging from $45.00 to $55.00.  The Company anticipates that
 it  will record share-based compensation  expense, net of  income taxes,  in
 2006 of approximately $300,000 related  to the  vesting of  other previously
 issued options.


 RESULTS OF OPERATIONS

 Three months ended June 30, 2005, compared to the three months ended June
 30, 2004

      The following chart (amounts shown in thousands) details the components
 of revenues for the three months ended June 30, 2005 ("the Second Quarter of
 2005"), as compared  to the three  months ended June  30, 2004 ("the  Second
 Quarter of 2004").

                                             Three Months Ended June 30,
                                             ---------------------------
                                           2005     2004   Increase/Decrease
                                          ------   ------  -----------------
   Domestic revenues:
     Merchandise sales                   $13,183  $12,522   $  661      5%
     Scrap jewelry sales                   1,335    1,475     (140)    (9%)
     Pawn service charges                  5,995    5,532      463      8%
     Short-term advance service charges   13,262   12,639      623      5%
     Check cashing fees                      691      723      (32)    (4%)
     Other                                   262      286      (24)    (8%)
                                          ------   ------    -----    ----
                                          34,728   33,177    1,551      5%
                                          ------   ------    -----    ----
   Foreign revenues:
     Merchandise sales                     5,394    3,121    2,273     73%
     Scrap jewelry sales                   2,632    1,508    1,124     75%
     Pawn service charges                  3,574    2,512    1,062     42%
                                          ------   ------    -----    ----
                                          11,600    7,141    4,459     62%
                                          ------   ------    -----    ----
   Total revenues:
     Merchandise sales                    18,577   15,643    2,934     19%
     Scrap jewelry sales                   3,967    2,983      984     33%
     Pawn service charges                  9,569    8,044    1,525     19%
     Short-term advance service charges   13,262   12,639      623      5%
     Check cashing fees                      691      723      (32)    (4%)
     Other                                   262      286      (24)    (8%)
                                          ------   ------    -----    ----
                                         $46,328  $40,318   $6,010     15%
                                          ======   ======    =====    ====

      Same-store revenues (stores that  were in operation  during all of  the
 Second Quarter of both 2004  and  2005, excluding revenues of the Cash & Go,
 Ltd. joint venture kiosks) increased 9% or $3,378,000 for the Second Quarter
 of 2005 as compared to the same quarter last year. Revenues generated by the
 63 new pawn and  payday advance stores that  have opened since April 1, 2004
 increased by $3,272,000, compared to the same quarter last year.

      The following chart (amounts shown in  thousands) details the pawn  and
 short-term advance receivable balances as of  June 30, 2005, as compared  to
 June 30, 2004.

                                                 Balance at June 30,
                                                 -------------------
                                           2005     2004   Increase/Decrease
                                          ------   ------  -----------------
  Domestic receivables:
     Pawn receivables                    $17,852  $16,420  $ 1,432      9%
     Short-term advance receivables       14,068   13,069      999      8%
                                          ------   ------    -----    ----
                                          31,920   29,489    2,431      8%
                                          ------   ------    -----    ----
  Foreign receivables:
     Pawn receivables                      9,072    6,643    2,429     37%
                                          ------   ------    -----    ----
                                           9,072    6,643    2,429     37%
                                          ------   ------    -----    ----
  Total receivables:
     Pawn receivables                     26,924   23,063    3,861     17%
     Short-term advance receivables       14,068   13,069      999      8%
                                          ------   ------    -----    ----
                                         $40,992  $36,132   $4,860     13%
                                          ======   ======    =====    ====

      Of the $3,861,000  total increase in  pawn receivables, $1,804,000  was
 attributable to the growth at the stores  that were in operation as of  June
 30, 2005 and 2004, and $2,057,000 was attributable to the new  stores opened
 since  June 30,  2004.  Of  the  $999,000  increase  in  short-term  advance
 receivables, $658,000 was attributable to  the growth  in short-term advance
 receivables balances at  the stores that  were in operation  as of  June 30,
 2005  and  2004,  and  $577,000  was  attributable  to the new stores opened
 since June 30, 2004, less a decrease  in  short-term  advance receivables of
 $236,000 at the Cash & Go, Ltd. joint venture  kiosks.  The  Company's  loss
 provision reserve on short-term  advance receivables increased from $464,000
 at June 30, 2004, to $505,000 at June 30, 2005.

      Gross profit margins  on total merchandise  sales were  41% during  the
 Second Quarter of 2005  compared to 43% during  the Second Quarter of  2004.
 Retail merchandise  margins, which  exclude scrap  jewelry sales,  were  45%
 during the Second Quarter of 2005 compared to 46% during the Second  Quarter
 of  2004.  The  Company's loss  provision  relating to  short-term  advances
 decreased from 23.9% of short-term advance service charge revenues to  22.8%
 during the Second Quarter  of 2005.  During the Second Quarter of 2005,  the
 Company initiated  a program  to sell  selected payday  advance  receivables
 which have been previously written off.  The Company realized  approximately
 $445,000 from such sales and this amount was recorded as a reduction to  the
 short-term advance loss provision.

      Store operating expenses increased 11% to $16,164,000 during the Second
 Quarter  of  2005  compared  to  $14,593,000  during  the Second Quarter  of
 2004,   primarily  as  a  result  of  the   net  addition  of  60  pawn  and
 check cashing/short-term advance  stores since  April 1, 2004,  which  is  a
 24%  increase  in  store count.  Administrative  expenses  decreased  1%  to
 $4,209,000 during the Second Quarter of  2005 compared to $4,250,000  during
 the Second Quarter of 2004, which is attributable to net reductions in total
 administrative  and  supervisory  compensation  expense,  net  decreases  in
 certain Mexico  administrative  expenses  and  other  seasonal  and/or  non-
 recurring factors  affecting comparability  to the  prior  year.  Full  year
 administrative expenses for 2005 are expected  to increase in comparison  to
 2004.  The Company had no interest expense during the Second Quarter of 2005
 as a result of paying off all outstanding debt during Fiscal 2004.  Interest
 income increased from $18,000  in the Second Quarter  of 2004 to $87,000  in
 the Second  Quarter of  2005, due  primarily to  interest income  earned  on
 increased levels of invested cash and cash equivalents.

      For the  Second  Quarter of  2004  and 2005,  the  Company's  effective
 federal income tax  rate  of  37% differed from  the statutory  tax rate  of
 approximately 35% primarily as a result of state and foreign income taxes.

 Six months ended June 30, 2005, compared to the six months ended June 30,
 2004

      The following chart (amounts shown in thousands) details the components
 of revenues for  the six  months ended June  30, 2005  ("the Six-Month  2005
 Period"), as compared to the six months ended June 30, 2004 ("the  Six-Month
 2004 Period").

                                              Six Months Ended June 30,
                                              -------------------------
                                           2005     2004   Increase/Decrease
                                          ------   ------  -----------------
  Domestic revenues:
     Merchandise sales                   $27,742  $26,949   $  793      3%
     Scrap jewelry sales                   3,192    3,296     (104)    (3%)
     Pawn service charges                 12,048   11,602      446      4%
     Short-term advance service charges   25,931   24,642    1,289      5%
     Check cashing fees                    1,517    1,633     (116)    (7%)
     Other                                   575      618      (43)    (7%)
                                          ------   ------    -----    ----
                                          71,005   68,740    2,265      3%
                                          ------   ------    -----    ----
  Foreign revenues:
     Merchandise sales                     9,803    5,726    4,077     71%
     Scrap jewelry sales                   6,044    3,126    2,918     93%
     Pawn service charges                  6,475    4,576    1,899     41%
                                          ------   ------    -----    ----
                                          22,322   13,428    8,894     66%
                                          ------   ------    -----    ----
  Total revenues:
     Merchandise sales                    37,545   32,675    4,870     15%
     Scrap jewelry sales                   9,236    6,422    2,814     44%
     Pawn service charges                 18,523   16,178    2,345     14%
     Short-term advance service charges   25,931   24,642    1,289      5%
     Check cashing fees                    1,517    1,633     (116)    (7%)
     Other                                   575      618      (43)    (7%)
                                          ------   ------   ------    ----
                                         $93,327  $82,168  $11,159     14%
                                          ======   ======   ======    ====

      Same-store revenues (stores that  were in operation  during all of  the
 first half of 2004 and 2005, excluding revenues of the Cash & Go, Ltd. joint
 venture  kiosks)  increased 7% or $5,244,000  for the Six-Month 2005  Period
 as compared  to the same  period last year.  Revenues  generated  by the  77
 new pawn and  payday advance stores  that have opened since  January 1, 2004
 increased by $7,100,000, compared to the  same period last year.

      Gross profit margins  on total merchandise  sales were  40% during  the
 Six-Month 2005  Period compared  to 42%  during the  Six-Month 2004  Period.
 Retail merchandise  margins, which  exclude scrap  jewelry sales,  were  44%
 during the Six-Month 2005 Period compared  to 45% during the Six-Month  2004
 Period.  The  Company's  loss  provision  relating  to  short-term  advances
 decreased from 17.9%  of short-term advance  service charge revenues  during
 the Six-Month 2004 Period to 17.7% during the Six-Month 2005 Period.  During
 the Six-Month 2005 Period, the Company initiated a program to sell  selected
 payday advance  receivables which  have  been  previously written  off.  The
 Company realized approximately $445,000 from such sales and this amount  was
 recorded as a reduction to the short-term advance loss provision.

      Store operating expenses increased 9%  to  $31,925,000 during the  Six-
 Month  2005  Period  compared  to  $29,370,000  during  the  Six-Month  2004
 Period,  primarily  as  a  result  of  the  net  addition  of  72  pawn  and
 check cashing/short-term advance stores  since  January 1, 2004,  which is a
 31%  increase  in  store  count.  Administrative  expenses decreased  3%  to
 $8,425,000 during the  Six-Month 2005 Period  compared to $8,662,000  during
 the Six-Month 2004 Period, which is attributable to net reductions in  total
 administrative  and  supervisory  compensation  expense,  net  decreases  in
 certain Mexico  administrative  expenses  and  other  seasonal  and/or  non-
 recurring factors  affecting comparability  to the  prior  year.  Full  year
 administrative expenses for 2005 are expected  to increase in comparison  to
 2004.  The Company had no interest expense during the Six-Month 2005  Period
 as a result of paying off all outstanding debt during Fiscal 2004.  Interest
 expense  for  the  Six-Month  2004  Period  was  $43,000.   Interest  income
 increased from $32,000 in the Six-Month 2004 Period to $171,000 in the  Six-
 Month 2005  Period, due  primarily to  interest income  earned on  increased
 levels of invested cash and cash equivalents.

      For the  Second  Quarter of  2004  and 2005,  the  Company's  effective
 federal income tax  rate  of  37% differed from  the statutory  tax rate  of
 approximately 35% primarily as a result of state and foreign income taxes.


 LIQUIDITY AND CAPITAL RESOURCES

      The Company's operations  and store  openings have  been financed  with
 funds generated primarily from operations.

      The Company maintains a  long-term line of  credit with two  commercial
 lenders (the "Credit Facility").  The Credit Facility provides a $25,000,000
 long-term line of credit that matures on April 15, 2007, and bears  interest
 at the prevailing LIBOR rate (which was approximately 3.4% at June 30, 2005)
 plus a fixed interest  rate margin of 1.375%.  Amounts  available under  the
 Credit Facility are limited to 300% of the Company's earnings before  income
 taxes, interest,  depreciation  and  amortization for  the  trailing  twelve
 months.  At June 30, 2005, the Company had no amounts outstanding under  the
 facility and $25,000,000 available for borrowings.  Under the terms  of  the
 Credit Facility,  the  Company is  required  to maintain  certain  financial
 ratios and comply  with certain  technical covenants.  The  Company  was  in
 compliance with the requirements and covenants of the Credit Facility as  of
 June 30, 2005, and July 26, 2005.  The Company is required to pay an  annual
 commitment  fee  of  1/8  of  1% on  the  average  daily unused  portion  of
 the Credit Facility  commitment.  The  Company's  Credit  Facility  contains
 provisions that  allow  the Company  to  repurchase stock  and/or  pay  cash
 dividends within certain parameters.  Substantially all of the  unencumbered
 assets of the Company have been  pledged as collateral against  indebtedness
 under the Credit Facility.

      As of June 30, 2005, the Company's primary  sources  of liquidity  were
 $19,092,000 in  cash  and  cash  equivalents,  $45,768,000  in  receivables,
 $18,451,000 in inventories  and $25,000,000  of available  and unused  funds
 under the Company's  Credit  Facility.  The Company had  working capital  of
 $77,556,000 as of June 30, 2005, and total equity exceeded total liabilities
 by a ratio of 9 to 1.

      The Company utilized positive  cash flows from  operations in the  Six-
 Month 2005  Period  to fund  investing  and financing  activities  primarily
 related to the purchase of  treasury stock and to  opening  new stores.  Net
 cash provided by operating activities of  the Company during the six  months
 ended June 30, 2005, was $17,150,000, consisting primarily of net income  of
 $11,292,000 plus  non-cash  adjustments  for  depreciation,  the  short-term
 advance loss provision, the tax benefit from the exercise of employee  stock
 options, and a change in tax  balances of $2,662,000, $4,599,000,  $666,000,
 and $196,000, respectively, in  addition to a  decrease in accounts  payable
 and accrued expenses  of $1,227,000, net  of an increase  in service  charge
 receivables, inventory,  and  prepaid  assets  of  $264,000,  $315,000,  and
 $459,000, respectively.  Net  cash used by  investing activities during  the
 six months  ended  June  30, 2005,  was  $13,842,000,  which  was  primarily
 comprised of net cash outflows from pawn receivables activity of $3,987,000,
 net  cash  outflows   from  short-term  advance   receivables  activity   of
 $3,202,000, and  cash paid  for fixed  asset  additions of  $6,653,000.  The
 opening of 25 new stores and the purchases of corporate fixed assets  during
 the Six-Month 2005 Period contributed significantly  to the volume of  fixed
 asset  additions.  Net  cash  used by financing  activities was  $10,448,000
 during the six months ended June  30, 2005, which consisted of purchases  of
 treasury stock in the amount of $11,404,000, net of proceeds from  exercises
 of stock options and warrants of $956,000.

      For  purposes  of  its  internal  liquidity  assessments,  the  Company
 considers net  cash  changes  in pawn  receivables  and  short-term  advance
 receivables to be closely related  to operating  cash  flows.  For the  Six-
 Month 2005 Period  the total cash  flows from  operations were  $17,150,000,
 while net cash outflows related to pawn receivables activity and  short-term
 advance receivables activity were  $3,987,000 and $3,202,000,  respectively.
 The  combined  net  cash  flows  from  operations  and  pawn  and short-term
 advance receivables totaled  $9,961,000 for the Six-Month 2005  Period.  For
 the comparable  Six-Month  2004  Period,  cash flows  from  operations  were
 $16,586,000, and net cash  outflows related to  pawn receivables and  short-
 term advance receivables were $3,624,000 and $3,716,000,  respectively.  The
 combined net  cash flows  from operations  and pawn  and short-term  advance
 receivables totaled $9,246,000 for the Six-Month 2004 Period.

      The profitability  and liquidity  of the  Company  is affected  by  the
 amount of pawn receivables outstanding, which  is controlled in part by  the
 Company's  pawn lending  decisions.  The Company  is able  to influence  the
 frequency of  pawn  redemptions  by  increasing  or  decreasing  the  amount
 advanced in relation to  the resale value of  the pawned  property.  Tighter
 credit decisions generally result  in smaller pawn  advances in relation  to
 the estimated resale value of the pledged property and can thereby  decrease
 the Company's aggregate pawn receivables balance and, consequently, decrease
 pawn  service  charges.  Additionally, small  advances  in relation  to  the
 pledged property's estimated resale value tend to increase pawn  redemptions
 and improve the Company's liquidity.  Conversely, providing larger pawns  in
 relation to the estimated resale value of the pledged property can result in
 an increase  in the  Company's pawn  service  charge  income.  Also,  larger
 average pawn balances can result in  an increase in pawn forfeitures,  which
 increases the quantity of  goods on hand and,  unless the Company  increases
 inventory turnover, reduces the Company's liquidity.  The Company's  renewal
 policy allows customers to renew pawns  by repaying all accrued interest  on
 such pawns, effectively creating a new pawn transaction.

      The amount  of short-term  advances outstanding  and  the  related loss
 provision also affect the  profitability  and  liquidity of the Company.  An
 allowance for losses is provided on  active short-term advances and  service
 charges receivable,  based upon  expected default  rates, net  of  estimated
 future recoveries of previously defaulted  short-term  advances and  service
 charges receivable.  The  Company  considers  short-term advances  to be  in
 default if they are not repaid on the due date, and writes off the principal
 amount and service charges receivable as  of the default date, leaving  only
 active receivables in the  reported balances.  Net  defaults and changes  in
 the short-term advance allowance are charged to the short-term advance  loss
 provision.

      In addition to these factors, merchandise  sales and the pace of  store
 expansions affect the  Company's liquidity.  Management  believes that  cash
 generated from operations should be sufficient to accommodate the  Company's
 current operations for Fiscal 2005.  The Company has no significant  capital
 commitments.

      While  the  Company  continually  looks  for,  and  is  presented  with
 potential acquisition opportunities, the Company currently has no definitive
 plans or commitments for acquisitions.  The Company will evaluate  potential
 acquisitions, if any, based upon growth potential, purchase price, strategic
 fit and quality of management personnel among other factors.  If the Company
 encounters an  attractive opportunity  to acquire  new  stores in  the  near
 future, the Company may seek additional  financing, the terms of which  will
 be negotiated on a case-by-case basis.


 CAUTIONARY STATEMENT  REGARDING  RISKS  AND UNCERTAINTIES  THAT  MAY  AFFECT
 FUTURE RESULTS

 Forward-Looking Information

      This quarterly report may contain forward-looking statements about  the
 business,  financial  condition  and  prospects  of  First  Cash   Financial
 Services, Inc.  Forward-looking statements can  be identified by the use  of
 forward-looking  terminology  such  as  "believes,"  "projects,"  "expects,"
 "may," "estimates," "should," "plans," "intends," "could," or "anticipates,"
 or  the  negative  thereof,  or  other  variations  thereon,  or  comparable
 terminology, or by discussions of  strategy.  Forward-looking statements  in
 this quarterly report  include, without limitation,  the Company's  earnings
 per share forecast  for 2005,  its expectations  for new  store openings  in
 2005, and  its expectations  for transaction  and revenue  volumes from  its
 credit services and lending products in Texas.  These statements are made to
 provide the public with management's  assessment of the Company's  business.
 Although the Company  believes that the  expectations reflected in  forward-
 looking statements  are reasonable,  there can  be no  assurances that  such
 expectations will prove to be accurate.  Security holders are cautioned that
 such  forward-looking  statements  involve  risks  and  uncertainties.   The
 forward-looking statements contained in this quarterly report speak only  as
 of the  date of  this statement,  and the  Company expressly  disclaims  any
 obligation or undertaking to  release any updates or  revisions to any  such
 statement to reflect any change in the Company's expectations or any  change
 in events, conditions or circumstances on which any such statement is based.
 Certain  factors  may  cause  results   to  differ  materially  from   those
 anticipated by some of the statements  made  in this quarterly report.  Such
 factors are difficult  to predict  and many are  beyond the  control of  the
 Company.  Recently  revised  federal  regulations and  proposed  state-level
 legislation affecting the payday advance industry, which are described  more
 fully in  the  Company's Annual  Report  on Form  10-K  for the  year  ended
 December 31, 2004, could negatively  affect the Company's financial  results
 and growth  expectations in  certain markets;  however,  the impact  of  the
 revised regulations and legislation cannot be fully estimated at the current
 time.  Other  such  factors may  include changes  in regional,  national  or
 international economic conditions, changes or increases in competition,  the
 ability to open and integrate new stores, the ability to maintain  favorable
 banking relationships  as it  relates to  short-term lending  products,  the
 ability to integrate and  operate profitably the  credit service product  in
 Texas, changes  in  legislative  and  governmental  regulations,  unforeseen
 litigation, changes in  interest rates, changes  in tax  rates or  policies,
 changes in gold prices, changes in  foreign currency exchange rates,  future
 business decisions, and other uncertainties.

 Payday Advance Regulatory Developments

      The Company's  short-term or  payday advance  operations are  generally
 regulated directly by the  various states in which  the product is  offered.
 In the State  of Texas, the  Company has an  agreement with  County Bank  of
 Rehoboth Beach,  Delaware  ("County Bank"),  a  federally insured  State  of
 Delaware chartered financial institution, to act  as a loan servicer  within
 the state for County Bank.  The Company is licensed as a regulated servicing
 agent by  the State  of Texas.  The  Federal Deposit  Insurance  Corporation
 ("FDIC") regulates  the  ability of  state  chartered banks  to  enter  into
 relationships  with  out-of-state  payday  loan  servicers,  and   maintains
 guidelines under which such arrangements are  permitted.  Texas is the  only
 state  in  which  the  Company  functions  as  a  loan  servicer  through  a
 relationship with  a  state chartered  bank  that  is subject  to  the  FDIC
 guidelines for payday lending.

      On March 2, 2005, the FDIC issued revised payday lending guidelines for
 FDIC-supervised  banks.  The  revised  guidelines,  which  generally  became
 effective July 1, 2005, include a requirement that such banks cannot provide
 a payday loan to a customer with payday loans outstanding from any bank  for
 more than three months in the previous twelve months.  The  Company  expects
 that implementation of the revised guidelines will have a negative effect on
 some portion  of  its bank  funded  payday  lending revenues  in  its  Texas
 locations.  Customers who are rejected  for a payday advance by County  Bank
 due to the new FDIC guidelines or any other reason will be allowed to  apply
 for the Company's new credit services product.  The Company expects  revenue
 from its credit services product to  offset or exceed the expected  decrease
 in Texas-based  payday  advance  revenues  as  a  result  of  the  new  FDIC
 guidelines.  The Company's  payday  advance  revenues from  Texas  locations
 totaled $30,554,000 in Fiscal 2004 and represented approximately 17% of  the
 Company's total revenues for 2004.  For the six month period ended  June 30,
 2005,  payday  revenues  from   Texas  locations  totaled  $14,295,000   and
 represented approximately 15% of the Company's total revenues.

      In addition  to  federal  legislative  and  regulatory  oversight,  the
 consumer finance industry  is also  subject to  legislative initiatives  and
 regulatory  actions  at  the state  level.  If  state-level  legislative  or
 regulatory actions  that  had  negative  effects  on  the  consumer  finance
 industry were taken in states where the Company has a significant number  of
 stores,  those  actions  could  have  a  materially adverse  effect  on  the
 Company's lending activities and revenues.  There can be  no assurance  that
 additional local, state, or federal legislation will not be  enacted or that
 existing  laws  and regulations  will  not  be  amended,  which  would  have
 a materially  adverse  impact  on  the  Company's operations  and  financial
 condition.


 Other

      Certain factors  may  cause results  to  differ materially  from  those
 anticipated by some of the statements made in this report.  Such factors are
 difficult to predict and many are beyond the control of the Company, but may
 include changes in regional, national or international economic  conditions,
 changes  in  competition  from  various  sources  including  both  financial
 services entities  and  retail  businesses, the  ability  to  integrate  new
 stores, changes in governmental regulations, unforeseen litigation,  changes
 in capital  markets, changes  in interest  rates, changes  in tax  rates  or
 policies,  the  ability  to  maintain  a loan servicing relationship with an
 out-of-state  bank necessary  to generate  service charges  from  short-term
 advances in the  Texas market,  future business  decisions, changes  in gold
 prices, changes in foreign  currency  exchange rates,  and  other risks  and
 uncertainties indicated in the Company's 2004 Annual Report to Stockholders.


 ITEM 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

      Market risks relating to the Company's operations result primarily from
 changes in interest rates, gold prices  and foreign currency exchange  rates
 and  are  described  in  detail  in the Company's 2004 Annual Report on Form
 10-K.  The Company does not engage in speculative or leveraged transactions,
 nor does  it  hold or  issue  financial instruments  for  trading  purposes.
 There have been  no material  changes to  the Company's  exposure to  market
 risks since December 31, 2004.


 ITEM 4.  CONTROLS AND PROCEDURES

      (a) Evaluation of Disclosure Controls and Procedures

           The Company's Chief Executive Officer and Chief Financial  Officer
        have  evaluated  the   effectiveness  of  the  Company's   disclosure
        controls and  procedures (as defined in  Rule 13a-15(e) or Rule  15d-
        15(e) under  the Exchange Act)  as of the  end of  our second  fiscal
        quarter  of 2005.  Based  on  such  evaluation,  such  officers  have
        concluded that the  Company's disclosure controls and procedures  are
        effective.

      (b) Changes in Internal Control Over Financial Reporting

           There has been  no significant  change in  the Company's  internal
        control over  financial reporting that  was identified in  connection
        with  our evaluation  that occurred  during our  last fiscal  quarter
        ended June 30, 2005,  that has materially affected, or is  reasonably
        likely  to materially  affect, the  Company's internal  control  over
        financial reporting.


                         PART II.  OTHER INFORMATION

 ITEM 1.  LEGAL PROCEEDINGS

      There  have  been  no  material  developments  in  the  litigation  and
 arbitration previously  reported  in the  Company's  2004 Annual  Report  to
 Stockholders filed on Form 10-K.


 ITEM 2.  CHANGES IN SECURITIES

      During the period  from January  1, 2005,  through June  30, 2005,  the
 Company issued 38,000  shares of common  stock relating to  the exercise  of
 outstanding stock  options  for  an aggregate  exercise  price  of  $561,000
 (including income  tax effect).  During  the  period  from  January 1, 2005,
 through June 30, 2005,  the  Company issued  87,000 shares  of common  stock
 relating to  the exercise  of outstanding  stock warrants  for an  aggregate
 exercise price of $1,062,000 (including income tax effect).

      The transactions  set  forth in  the  above paragraphs  were  completed
 pursuant to  either  Section 4(2)  of  the Securities  Act  or Rule  506  of
 Regulation D of the Securities Act.  With respect to issuances made pursuant
 to Section 4(2) of the Securities Act, the transactions did not involve  any
 public offering and were sold to a limited group of persons.  Each recipient
 either received  adequate  information  about the  Company  or  had  access,
 through employment  or other  relationships, to  such information,  and  the
 Company determined that each recipient had such knowledge and experience  in
 financial and business matters  that they were able  to evaluate the  merits
 and risks of an investment in the  Company.  With respect to issuances  made
 pursuant to Rule  506 of  Regulation D of  the Securities  Act, the  Company
 determined that each purchaser  was an "accredited  investor" as defined  in
 Rule 501(a) under the Securities Act.  All sales of the Company's securities
 were made by  officers of the  Company who received no commission  or  other
 remuneration  for  the  solicitation  of  any  person   in  connection  with
 the respective  sales  of  securities  described  above.  The recipients  of
 securities  represented  their  intention  to  acquire  the  securities  for
 investment only and not with a  view to or for  sale in connection with  any
 distribution thereof  and  appropriate legends  were  affixed to  the  share
 certificates and other instruments issued in such transactions.

      In January  2005,  the Company  issued  options to  purchase  2,076,000
 shares of common stock to certain employees and directors under its existing
 stock option plans.  These options were issued in seven equal layers to each
 recipient with exercise prices for the layers set at $25.00, $30.00, $35.00,
 $40.00, $45.00, $50.00  and  $55.00.  In June 2005,  858,000 of the  options
 issued in January 2005 and still  outstanding were canceled.  These  options
 had exercise prices ranging from $45.00 to $55.00.

      On July 15, 2004, the Board  of Directors authorized the repurchase  of
 up to 1,600,000 shares of common stock.  During the period  from January  1,
 2005, through  July 26,  2005, the  Company  repurchased 576,000  shares  of
 common stock  at  an average  price  of $19.74  per  share under  the  stock
 repurchase program approved by the Board of Directors.

      The following table provides the information with respect to  purchases
 made by the Company of shares of its common stock during each month that the
 program was in effect during 2005.

                       Total     Average    Total Number of     Maximum Number
                      Number     Price   Shares Purchased as  Of Shares that May
                     Of Shares  Paid Per    Part of Publicly    Yet Be Purchased
                     Purchased   Share      Announced Plan      Under the Plan
                     ---------   -----      --------------      --------------
 January 1 through
   January 31, 2005        -    $    -                -              977,285
 February 1 through
   February 28, 2005       -         -                -              977,285
 March 1 through
   March 31, 2005          -         -                -              977,285
 April 1 through
   April 30, 2005    576,479     19.74          576,479              400,806
 May 1 through
   May 31, 2005            -         -                -              400,806
 June 1 through
   June 30, 2005           -         -                -              400,806
 July 1 through
   July 26, 2005           -         -                -              400,806
                     -------                    -------
     Total           576,479    $19.74          576,479
                     =======                    =======


 ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

    Not Applicable


 ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

    On  May   26,  2005,  the  Company  held   the  annual  meeting  of   its
 stockholders.  Of  the  16,716,355  issued  and  outstanding  common  shares
 entitled to vote at the meeting,  15,025,581 of  the common shares voted  in
 person or by proxy.  The shareholders  voted affirmatively on the  following
 two proposals:

   1. The stockholders ratified the election of Phillip Powell, director:

                      FOR       %     WITHHELD    %
                   14,455,754 96.2     569,827   3.8

   2. The stockholders ratified the selection  of Hein  &  Associates LLP  as
    independent auditors of the Company for the year ended December 31, 2005:

              FOR        %      AGAINST     %      ABSTAIN     %
           14,910,428  92.6     71,717     0.4      43,436    0.3


 ITEM 5.  OTHER INFORMATION

    None


 ITEM 6.  EXHIBITS

         Exhibits:

          31.1  Certification Pursuant to Section 302 of the Sarbanes-Oxley
                Act provided by J. Alan Barron, Chief Executive Officer

          31.2  Certification Pursuant to Section 302 of the Sarbanes-Oxley
                Act provided by R. Douglas Orr, Chief Financial Officer

          32.1  Certification Pursuant to 18 U.S.C. Section 1350, as Adopted
                Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
                provided by J. Alan Barron, Chief Executive Officer and
                R. Douglas Orr, Chief Financial Officer



                                  SIGNATURES


 Pursuant to the  requirements of the  Securities Exchange Act  of 1934,  the
 registrant has duly caused  this report to  be signed on  its behalf by  the
 undersigned thereunto duly authorized.


 Dated:  July 26, 2005         FIRST CASH FINANCIAL SERVICES, INC.
                               ----------------------------------
                               (Registrant)

                               /s/ J. ALAN BARRON
                               -----------------------
                               J. Alan Barron
                               Chief Executive Officer

                               /s/ R. DOUGLAS ORR
                               -----------------------
                               R. Douglas Orr
                               Chief Financial Officer
                               (Principal Accounting Officer)

<PAGE>

                              INDEX TO EXHIBITS


  EXHIBIT
  NUMBER                   DESCRIPTION
  ------                   -----------
   31.1    Certification Pursuant to Section 302 of the Sarbanes-Oxley Act
           provided by J. Alan Barron, Chief Executive Officer

   31.2    Certification Pursuant to Section 302 of the Sarbanes-Oxley Act
           provided by R. Douglas Orr, Chief Financial Officer

   32.1    Certification Pursuant to 18 U.S.C. Section 1350, as Adopted
           Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 provided
           by J. Alan Barron, Chief Executive Officer and R. Douglas Orr,
           Chief Financial Officer