Enova International (ENVA) shares surged 6.01% in after-hours trading on Thursday, following the release of stronger-than-expected second-quarter financial results. The sharp upward move reflects investor enthusiasm for the online lender’s robust performance across key metrics.

The company reported adjusted earnings of $4.31 per share, handily beating the analyst consensus estimate of $3.96 by 8.84% and rising 33.4% from $3.23 a year ago. Revenue climbed 22% to $928.9 million, exceeding the $909.6 million estimate, while net income jumped 38% to $105.1 million. Adjusted EBITDA of $256 million also topped Wall Street’s $237.6 million forecast, underscoring broad-based operating strength.

Driving the beat was a 27% increase in loan originations to $2.3 billion, which pushed total combined loans and finance receivables to a record $5.5 billion. Credit quality also improved, with the consolidated net charge-off ratio narrowing to 7.3% and the net revenue margin widening to 61%. Management raised its full-year outlook and highlighted the planned acquisition of Grasshopper Bank, expected to close later in 2026, further bolstering the growth narrative.