Jefferson Capital, Inc. / DE

For the period ended Jun 30, 2026. Filed Aug 13, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 13, 2026

JCAP$20.25+2.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Part I — Financial Information

Part 1. Financial Information** **

Combined and Condensed Consolidated Balance Sheets* *

(Unaudited, in Thousands)


· · As of June 30, · · As of December 31, ·
· · 2026 · · 2025 ·
Assets
Cash and cash equivalents	$20,406	$23,231
Restricted cash	5,641	24,320
Accounts receivable	16,901	12,245
Other assets	14,281	16,273
Investments in receivables, net	1,946,819	1,928,742
Credit card receivables (net of allowance for	15,042	16,312
credit losses of $1,598 and $1,784)
Property, plant and equipment, net	1,711	1,695
Other intangible assets, net	5,246	6,541
Goodwill	57,761	58,014
Total Assets	$2,083,808	$2,087,373

Liabilities
Accounts payable and accrued expenses	$73,285	$95,208
Other liabilities	3,777	4,179
Current tax liabilities	1,074	855
Deferred tax liabilities	123,688	101,957
Notes payable, net	1,405,794	1,409,039
Total Liabilities	$1,607,618	$1,611,238

Stockholders' Equity
Common Stock par value $0.0001 per share; 330,000,000 shares authorized as of June 30, 2026 and December 31, 2025 and 57,435,586 and 58,298,923 shares issued and outstanding as of June 30, 2026 and December 31, 2025	$6	$6
Additional paid-in capital	(32,692)	(49,549)
Retained earnings	513,057	522,632
Accumulated other comprehensive income (loss)	(4,181)	3,046
Total stockholders' equity	$476,190	$476,135
Total Liabilities and Stockholders' Equity	$2,083,808	$2,087,373

Combined and Condensed Consolidated Statements of Operations and Comprehensive Income* *

(Unaudited, in Thousands, except Per Share amounts)


· · · · · · · · ·
· · For the Three Months Ended June 30, · · For the Six Months Ended June 30,
· · 2026 · · 2025 · · 2026 · · 2025
Revenues
Total portfolio income	$156,253	$138,877	$313,859	$277,571
Changes in recoveries	9,010	1,556	16,067	5,176
Total portfolio revenue	165,263	140,433	329,926	282,747
Credit card revenue	1,623	1,798	3,358	3,696
Servicing revenue	10,654	10,477	20,695	21,208
Total Revenues	177,540	152,708	353,979	307,651
Provision for credit losses	757	560	1,380	1,101
Operating Expenses
Salaries and benefits	21,880	6,254	44,255	20,276
Servicing expenses	64,822	43,546	130,400	86,339
Depreciation and amortization	844	1,250	1,716	2,854
Professional fees	3,053	9,444	5,334	11,611
Other selling, general and administrative	4,751	5,013	9,275	9,562
Total Operating Expenses	95,350	65,507	190,980	130,642
Net Operating Income	81,433	86,641	161,619	175,908

Other Income (Expense)
Interest expense	(30,370)	(25,824)	(60,948)	(50,717)
Foreign exchange and other income (expense)	2,270	1,089	3,718	3,620
Total other expense	(28,100)	(24,735)	(57,230)	(47,097)
Income Before Income Taxes	53,333	61,906	104,389	128,811
Provision for income taxes	(12,037)	(14,255)	(25,460)	(16,935)
Net Income	41,296	47,651	78,929	111,876
Foreign currency translation gain / (loss)	(1,525)	14,432	(7,226)	18,316
Comprehensive Income	$39,771	$62,083	$71,703	$130,192

Earnings per share
Basic	$0.67	$18.61	$1.28	$86.88
Diluted	0.67	16.76	1.28	78.26
Weighted average common shares outstanding
Basic	55,515	2,561	55,552	1,288
Diluted	55,519	2,843	55,554	1,430

Combined and Condensed Consolidated Statements of Stockholder’s Equity* *

(Unaudited, in Thousands, except per share amounts)


· · · · · · · · Accumulated · · · · · · · · ·
· · · Common Stock · · Other Comprehensive · · · Additional · · · Retained · · · Total
· · Share · · Par · · Income (Loss) · · · Paid-in Capital · · · Earnings · · · Equity
Balance, March 31, 2026	55,372	$6	$(2,655)	$(41,024)	$486,548	$442,875
Net income					41,296	41,296
Dividends to stockholders ($0.24 per share)					(14,788)	(14,788)
Shares issued	2,064	—				—
Stock based compensation				8,332		8,332
Foreign currency translation			(1,525)			(1,525)
Balance, June 30, 2026	57,436	$6	$(4,181)	$(32,692)	$513,056	$476,190


Balance, March 31, 2025		$—	$(11,709)	$—	$446,349	$434,640
Net income					47,651	47,651
Dividends to stockholders ($0.24 per share)					(16,424)	(16,424)
Shares issued	64,685	6		8,719		8,725
Foreign currency translation			14,432			14,432
Reorganization adjustments				(78,216)		(78,216)
Balance, June 30, 2025	64,685	$6	$2,723	$(69,497)	$477,576	$410,808


Balance, December 31, 2025	58,299	$6	$3,046	$(49,549)	$522,632	476,135
Net income					78,929	78,929
Dividends to stockholders ($0.24 per share)					(29,593)	(29,593)
Shares issued	2,137	—			—	—
Shares repurchased	(3,000)	—			(58,912)	(58,912)
Stock based compensation				16,857		16,857
Foreign currency translation			(7,226)			(7,226)
Balance, June 30, 2026	57,436	$6	$(4,181)	$(32,692)	$513,056	$476,190


Balance, December 31, 2024			$(15,593)	$—	$398,122	$382,529
Net income					111,876	111,876
Dividends to stockholders ($0.24 per share)					(32,422)	(32,422)
Shares issued	64,685	6		8,719		8,725
Foreign currency translation			18,316			18,316
Reorganization adjustments				(78,216)		(78,216)
Balance, June 30, 2025	64,685	$6	$2,723	$(69,497)	$477,576	$410,808

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.