Enova International, Inc. Segments Disclosure
17. Operating Segment Information
During the three years ended December 31, 2025, the Company primarily provided online financial services to non-prime credit consumers and small businesses in the United States and Brazil. The Company has one reportable segment, which is composed of the Company’s domestic and international operations and corporate services. The Company has aggregated all components of its business into a operating segment based on the similarities of the economic characteristics, the nature of the products and services, the nature of the production and distribution methods, the shared technology platforms, the type of customer and the nature of the regulatory environment. The Company's Chief Operating Decision Maker, its , is regularly provided with significant segment expenses at a similar level and category as is disclosed in the Consolidated Statements of Income; as such, separate presentation is not provided in this Note.
The following table presents the Company’s revenue by geographic region for the years ended December 31, 2025, 2024 and 2023 (in thousands):
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Year Ended December 31, |
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2025 |
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2024 |
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2023 |
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Revenue |
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|
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United States |
|
$ |
3,072,575 |
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|
$ |
2,604,460 |
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|
$ |
2,087,519 |
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Other international countries |
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|
79,078 |
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|
|
53,340 |
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|
|
30,120 |
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Total revenue |
|
$ |
3,151,653 |
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|
$ |
2,657,800 |
|
|
$ |
2,117,639 |
|
The Company’s long-lived assets, which consist of the Company’s property and equipment, were $132.6 million and $120.0 million at December 31, 2025 and 2024, respectively. The operations for the Company’s domestic and international businesses are primarily located within the United States, and the value of any long-lived assets located outside of the United States is immaterial.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 20, 2026 | Showing above |
| 2024 | Feb 18, 2025 | |
| 2023 | Feb 23, 2024 | |
| 2022 | Feb 24, 2023 | |
| 2021 | Feb 28, 2022 | |
| 2017 | Feb 26, 2018 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.