Encore Capital (ECPG) Operating Expenses (2010 - 2026)
Encore Capital's (ECPG) quarterly Operating Expenses came in at $305.0 million in Q2 2026, up 4.66% year-over-year from $291.4 million in Q2 2025, and up 4.65% quarter-over-quarter from $291.4 million in Q1 2026.
Analysis
Encore Capital (ECPG) Operating Expenses (2010 - 2026) Analysis & Trends
Encore Capital has disclosed Operating Expenses across 17 years of filings, most recently posting $305.0 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 4.66% year-over-year to $305.0 million; the TTM figure through Jun 2026 stood at $1.2 billion (down 2.62% YoY), while the FY2025 annual figure was $1.1 billion, down 1.46% from the prior year.
- Operating Expenses came in at $305.0 million for Q2 2026 at Encore Capital, up from $291.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $494.6 million in Q4 2023 to a low of $227.2 million in Q3 2022.
- Average Operating Expenses over 5 years is $280.0 million, with a median of $257.2 million recorded in 2024.
- Year-over-year, Operating Expenses jumped 109.3% in 2023 and fell 24.92% in 2025.
- Over 5 years, Operating Expenses stood at $236.3 million in 2022, then jumped by 109.3% to $494.6 million in 2023, then retreated by 19.16% to $399.8 million in 2024, then declined by 24.92% to $300.2 million in 2025, then climbed by 1.6% to $305.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $305.0 million in Q2 2026, $291.4 million in Q1 2026, and $300.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 44.18 Bn | 44.51 Bn | 4.68 Bn | 4.66 Bn |
| 2 | Royalty Pharma | 33.59 Bn | 35.70 Bn | - | 541.02 Mn |
| 3 | Royal Gold | 21.14 Bn | 21.00 Bn | 390.45 Mn | 173.18 Mn |
| 4 | OR Royalties | 6.88 Bn | 6.81 Bn | 82.22 Mn | -19.41 Mn |
| 5 | Encore Capital | 2.11 Bn | 1.93 Bn | 455.04 Mn | 304.97 Mn |
| 6 | Atlanticus Holdings | 1.41 Bn | 851.50 Mn | 686.46 Mn | 157.57 Mn |
| 7 | Jefferson Capital | 1.18 Bn | 1.16 Bn | - | 95.35 Mn |
| 8 | Lufax Holding | 1.04 Bn | -1.23 Bn | - | -1.93 Bn |
| 9 | Upbound | 998.67 Mn | 893.37 Mn | 594.84 Mn | 540.58 Mn |
| 10 | Metalla Royalty & Streaming | 942.93 Mn | 931.86 Mn | 4.75 Mn | -1.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 304.97 Mn |
| Mar 31, 2026 | 291.42 Mn |
| Dec 31, 2025 | 300.16 Mn |
| Sep 30, 2025 | 287.18 Mn |
| Jun 30, 2025 | 291.39 Mn |
| Mar 31, 2025 | 263.43 Mn |
| Dec 31, 2024 | 399.81 Mn |
| Sep 30, 2024 | 260.98 Mn |
| Jun 30, 2024 | 253.45 Mn |
| Mar 31, 2024 | 244.80 Mn |
| Dec 31, 2023 | 494.58 Mn |
| Sep 30, 2023 | 234.10 Mn |
| Jun 30, 2023 | 234.97 Mn |
| Mar 31, 2023 | 242.49 Mn |
| Dec 31, 2022 | 236.30 Mn |
| Sep 30, 2022 | 227.24 Mn |
| Jun 30, 2022 | 237.97 Mn |
| Mar 31, 2022 | 234.67 Mn |
| Dec 31, 2021 | 233.28 Mn |
| Sep 30, 2021 | 245.98 Mn |