Jefferson Capital, Inc. / DE
Business
Jefferson Capital, Inc. purchases portfolios of nonperforming consumer receivables at discounts to face value and manages collections across credit card, auto, utilities, telecom, and other asset classes through internal legal channels, call centers, and third-party agencies. The company operates in the U.S., Canada, U.K., and Latin America, acquiring receivables via spot sales and forward flow agreements from Fortune 500 creditors, banks, fintech platforms, and credit card issuers. Jefferson also provides debt servicing and portfolio management services to credit originators and earns revenue through credit card acquisition programs.
Summary from 10-K filed 2026-07-01
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Total portfolio income | 560 | 396 | 307 | |
| Changes in recoveries | 6 | −419,000 | −13 | |
| Total portfolio revenue | 566 | 396 | 294 | |
| Credit card revenue | 7 | 8 | 9 | |
| Servicing revenue | 40 | 29 | 21 | |
| Total Revenues | 613 | 433 | 323 | |
| Provision for credit losses | 2 | 3 | 4 | |
| Salaries and benefits | 65 | 48 | 37 | |
| Servicing expenses | 187 | 131 | 102 | |
| Depreciation and amortization | 5 | 3 | 2 | |
| Professional fees | 19 | 11 | 7 | |
| Other selling, general and administrative | 19 | 17 | 8 | |
| Total Operating Expenses | 294 | 210 | 155 | |
| Net Operating Income | 316 | 220 | 164 | |
| Interest expense | −106 | −77 | −48 | |
| Foreign exchange and other income (expense) | 8 | −5 | 5 | |
| Total other expense | −98 | −83 | −43 | |
| Income Before Income Taxes | 218 | 138 | 121 | |
| Provision for income taxes | −30 | −9 | −9 | |
| Net income | 188 | 129 | 112 | |
| Net income attributable to noncontrolling interest | — | — | −20,000 | |
| Net Income attributable to Jefferson Capital, Inc. | 188 | 129 | 112 | |
| Foreign currency translation gain / (loss) | 19 | −14 | 8 | |
| Comprehensive Income | 207 | 115 | 120 | |
| Earnings per share, Basic (in dollars per share) | 5.64 | — | — | |
| Earnings per share, Diluted (in dollars per share) | 5.64 | — | — | |
| Weighted average common shares outstanding, Basic (in shares) | 30 | — | — | |
| Weighted average common shares outstanding, Diluted (in shares) | 30 | — | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 23 | 36 | 14 | |
| Restricted cash | 24 | 3 | 6 | |
| Accounts receivable | 12 | 17 | — | |
| Other assets | 16 | 14 | — | |
| Property, plant and equipment, net | 2 | 2 | — | |
| Other intangible assets, net | 7 | 10 | — | |
| Goodwill | 58 | 58 | 57 | |
| Total Assets | 2,087 | 1,654 | — | |
| Accounts payable and accrued expenses | 95 | 70 | — | |
| Other liabilities | 4 | 5 | — | |
| Current tax liabilities | 855,000 | — | — | |
| Deferred tax liabilities | 102 | 2 | — | |
| Notes payable, net | 1,409 | 1,195 | — | |
| Total Liabilities | 1,611 | 1,272 | — | |
| Common Stock par value $0.0001 per share; 330,000,000 shares and 0 shares authorized as of December 31, 2025 and December 31, 2024 and 58,298,923 and 0 shares issued and outstanding as of December 31, 2025 and December 31, 2024 | 6,000 | — | — | |
| Additional paid-in capital | −50 | — | — | |
| Retained earnings | 523 | 398 | — | |
| Accumulated other comprehensive income (loss) | 3 | −16 | — | |
| Total stockholder's equity | 476 | 383 | 304 | |
| Total Liabilities and Stockholder's Equity | 2,087 | 1,654 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Depreciation and amortization | 5 | 3 | 2 | |
| Amortization of debt issuance costs | 6 | 4 | 3 | |
| Provision for credit losses | 2 | 3 | 4 | |
| Stock-based compensation | 17 | 0 | — | |
| Deferred income tax | 21 | −527,000 | −754,000 | |
| Other assets | −2 | −435,000 | −26 | |
| Accounts receivable | 5 | −7 | 18 | |
| Accounts payable and accrued expenses | 25 | 37 | 9 | |
| Net cash provided by operating activities | 269 | 168 | 120 | |
| Acquisition, net of cash acquired | 0 | 0 | −6 | |
| Purchases of property and equipment, net | −1 | −6 | −1 | |
| Net cash used in investing activities | −402 | −542 | −403 | |
| Proceeds from notes payable | 1,188 | 1,082 | 655 | |
| Payments on notes payable | −969 | −650 | −328 | |
| Payment of debt issuance costs | −15 | −7 | −6 | |
| Dividends paid to stockholders | −63 | −36 | −31 | |
| Proceeds from issuance of common stock | 10 | 0 | — | |
| Net cash (used in) / provided by financing activities | 150 | 389 | 290 | |
| Exchange rate effects on cash balances held in foreign currencies | −7 | 3 | −1 | |
| Net (decrease) increase in cash and cash equivalents and restricted cash | 9 | 18 | 5 | |
| Interest paid | 96 | 58 | 45 | |
| Income taxes paid | 8 | 9 | 9 | |
| New leases assumed | 566,000 | 2 | 2 | |
| Deferred tax liability recognized in connection with reorganization | 79 | 0 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Jefferson Capital, Inc. / DE's CIK number?
Jefferson Capital, Inc. / DE's SEC CIK number is 0002046042 (2046042). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Jefferson Capital, Inc. / DE's SEC filings?
All of Jefferson Capital, Inc. / DE's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Jefferson Capital, Inc. / DE last report earnings?
Jefferson Capital, Inc. / DE (JCAP) most recently filed an earnings 8-K with the SEC on May 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-061149). This is Jefferson Capital, Inc. / DE's most recent earnings filing of record — not a forecast of its next earnings date.
What is Jefferson Capital, Inc. / DE's most recent earnings 8-K?
Jefferson Capital, Inc. / DE's latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001104659-26-061149. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Jefferson Capital, Inc. / DE's latest earnings 8-K →
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