FirstCash Holdings (FCFS) Gross Margin (2010 - 2026)
FirstCash Holdings (FCFS) posted Gross Margin of 49.54% for Q3 2026, down 1.09 percentage points from 50.63% a year earlier and down 0.12 percentage points from the prior quarter.
FirstCash Holdings (FCFS) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Margin at FirstCash Holdings was 50.20%, up 0.16 percentage points year-over-year; for FY2025, it was 50.28%, up 2.19 percentage points from FY2024.
- Annual Gross Margin has increased for three consecutive years, though with a five-year change of -5.58 percentage points (FY2020 to FY2025).
- In prior years, FirstCash Holdings' Gross Margin was 48.09% in FY2024 (+0.27 pp), 47.82% in FY2023 (+1.48 pp), 46.34% in FY2022 (-7.76 pp) and 54.10% in FY2021 (-1.75 pp).
- The Q3 2026 figure stands as the lowest quarterly Gross Margin since Q4 2024.
- On a year-over-year basis, Gross Margin increased in six of the last eight quarters, with an average year-over-year change of +1.07 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2025, with a gain of 3.39 percentage points; the weakest was Q1 2022, with a drop of 13.13 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 49.66% (Q2 2026), 51.57% (Q1 2026) and 50.06% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 42.59 Bn | 31.41 Bn | - | - |
| 2 | Orix | 41.61 Bn | 10.83 Bn | 12.74 Bn | 93.96% |
| 3 | Royalty Pharma | 38.85 Bn | 38.76 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 29.69 Bn | 29.69 Bn | - | - |
| 5 | Affirm Holdings | 25.49 Bn | 19.18 Bn | - | - |
| 6 | Synchrony Financial | 23.34 Bn | -44.29 Bn | - | - |
| 7 | Royal Gold | 20.84 Bn | 20.06 Bn | 390.45 Mn | 86.66% |
| 8 | Federal Home Loan Mortgage | 15.10 Bn | -3.58 Bn | - | - |
| 9 | Annaly Capital Management | 14.86 Bn | 5.89 Bn | - | - |
| 10 | FirstCash Holdings | 8.29 Bn | 7.66 Bn | 545.54 Mn | 49.54% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 49.54% |
| Jun 30, 2026 | 49.66% |
| Mar 31, 2026 | 51.57% |
| Dec 31, 2025 | 50.06% |
| Sep 30, 2025 | 50.63% |
| Jun 30, 2025 | 49.70% |
| Mar 31, 2025 | 50.72% |
| Dec 31, 2024 | 49.07% |
| Sep 30, 2024 | 48.32% |
| Jun 30, 2024 | 47.58% |
| Mar 31, 2024 | 47.33% |
| Dec 31, 2023 | 49.01% |
| Sep 30, 2023 | 49.43% |
| Jun 30, 2023 | 47.01% |
| Mar 31, 2023 | 45.63% |
| Dec 31, 2022 | 46.59% |
| Sep 30, 2022 | 48.10% |
| Jun 30, 2022 | 46.47% |
| Mar 31, 2022 | 44.13% |
| Dec 31, 2021 | 45.49% |
FirstCash Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FCFS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FCFS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FCFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();