FirstCash Holdings (FCFS) Gross Margin (2010 - 2026)
FirstCash Holdings (FCFS) posted quarterly Gross Margin of 51.57% for Q1 2026, up 86.0% year-over-year from 27.73% in Q1 2025, and up 142.74% on a QoQ basis from 21.25% in Q4 2025.
FirstCash Holdings (FCFS) Gross Margin (2010 - 2026) Analysis & Trends
FirstCash Holdings (FCFS) has reported Gross Margin for 17 consecutive years, with 51.57% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 86.0% year-over-year to 51.57%; the TTM figure through Mar 2026 stood at 45.12% (down 24810.0% YoY), while the FY2025 annual figure was 50.28%, down 5785.0% from the prior year.
- Gross Margin came in at 51.57% for Q1 2026 at FirstCash Holdings, up from 21.25% in the prior quarter.
- The five-year high for Gross Margin was 115.99% in Q3 2023, with the low at 45.48% in Q4 2023.
- Average Gross Margin over 5 years is 67.99%, with a median of 100.91% recorded in 2022.
- Across the five-year window, Gross Margin tumbled 9207 bps in 2023 and jumped 6472 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 46.59% in 2022, then plunged by 198 bps to 45.48% in 2023, then climbed by 4 bps to 43.47% in 2024, then surged by 149 bps to 21.25% in 2025, then jumped by 143 bps to 51.57% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 51.57%, 21.25%, and 115.27% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | - |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | - |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 92.17% |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 93.80% |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 78.22% |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 84.45% |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 94.24% |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 97.03% |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | 71.98% |
| 10 | FirstCash Holdings | 125.59 Mn | -856.28 Mn | 542.38 Mn | 51.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 51.57% |
| Dec 31, 2025 | 21.25% |
| Sep 30, 2025 | 115.27% |
| Jun 30, 2025 | 107.19% |
| Mar 31, 2025 | 50.72% |
| Dec 31, 2024 | -43.47% |
| Sep 30, 2024 | 111.42% |
| Jun 30, 2024 | 108.79% |
| Mar 31, 2024 | 47.33% |
| Dec 31, 2023 | -45.48% |
| Sep 30, 2023 | 115.99% |
| Jun 30, 2023 | 109.98% |
| Mar 31, 2023 | 106.14% |
| Dec 31, 2022 | 46.59% |
| Sep 30, 2022 | 107.44% |
| Jun 30, 2022 | 100.91% |
| Mar 31, 2022 | 44.13% |
| Dec 31, 2021 | 69.61% |
| Sep 30, 2021 | 86.74% |
| Jun 30, 2021 | 57.56% |