First Cash's stock surged 5.03% during intraday trading on Thursday, following the release of its fourth-quarter financial results which significantly exceeded analyst expectations.

The pawn store operator reported Q4 adjusted earnings per share of $2.64, beating the consensus estimate of $2.51. Revenue for the quarter reached $1.06 billion, surpassing the expected $1.02 billion and representing a 20% year-over-year increase. The company also reported adjusted net income of $117.11 million, above the estimated $109.2 million.

The strong performance was driven by strategic store expansion, with First Cash adding 344 pawn locations in 2025, including through acquisitions, which boosted its global presence. The company reported record growth in pawn receivables, with both U.S. and Latin American segments showing strong double-digit increases. First Cash also provided a positive outlook for 2026, forecasting U.S. pawn fee revenue growth in the low double digits and Latin America pawn fees growing in the mid-teens.