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Side-by-side financial comparison of EZCORP INC (EZPW) and Fluence Energy, Inc. (FLNC). Click either name above to swap in a different company.

Fluence Energy, Inc. is the larger business by last-quarter revenue ($475.2M vs $382.0M, roughly 1.2× EZCORP INC). EZCORP INC runs the higher net margin — 11.6% vs -9.5%, a 21.1% gap on every dollar of revenue. On growth, Fluence Energy, Inc. posted the faster year-over-year revenue change (154.4% vs 19.3%). EZCORP INC produced more free cash flow last quarter ($31.7M vs $-232.6M). Over the past eight quarters, EZCORP INC's revenue compounded faster (15.6% CAGR vs -12.7%).

EZCORP, Inc. is an American pawn shop operator based in Austin, Texas which provides services across the United States and Latin America. It is a publicly traded company listed on the NASDAQ stock exchange and is the second largest pawn shop operator in the U.S. after Cash America International.

Progress Energy was a power generation and distribution company. Prior to its merger with Duke Energy, it was a Fortune 500 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. Headquartered in Raleigh, North Carolina, Progress Energy includes two major electric utilities that serve approximately 3.1 million customers in the Carolinas and Florida. As an independent company, the last chairman and CEO of Progress Energy was William D. Johnson;...

EZPW vs FLNC — Head-to-Head

Bigger by revenue
FLNC
FLNC
1.2× larger
FLNC
$475.2M
$382.0M
EZPW
Growing faster (revenue YoY)
FLNC
FLNC
+135.1% gap
FLNC
154.4%
19.3%
EZPW
Higher net margin
EZPW
EZPW
21.1% more per $
EZPW
11.6%
-9.5%
FLNC
More free cash flow
EZPW
EZPW
$264.3M more FCF
EZPW
$31.7M
$-232.6M
FLNC
Faster 2-yr revenue CAGR
EZPW
EZPW
Annualised
EZPW
15.6%
-12.7%
FLNC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
EZPW
EZPW
FLNC
FLNC
Revenue
$382.0M
$475.2M
Net Profit
$44.3M
$-45.1M
Gross Margin
58.4%
4.9%
Operating Margin
15.9%
-14.8%
Net Margin
11.6%
-9.5%
Revenue YoY
19.3%
154.4%
Net Profit YoY
42.8%
-8.7%
EPS (diluted)
$0.55
$-0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EZPW
EZPW
FLNC
FLNC
Q4 25
$382.0M
$475.2M
Q3 25
$336.8M
$1.0B
Q2 25
$311.0M
$602.5M
Q1 25
$306.3M
$431.6M
Q4 24
$320.2M
$186.8M
Q3 24
$294.6M
$1.2B
Q2 24
$281.4M
$483.3M
Q1 24
$285.6M
$623.1M
Net Profit
EZPW
EZPW
FLNC
FLNC
Q4 25
$44.3M
$-45.1M
Q3 25
$26.7M
$17.9M
Q2 25
$26.5M
$6.3M
Q1 25
$25.4M
$-31.0M
Q4 24
$31.0M
$-41.5M
Q3 24
$15.2M
$47.8M
Q2 24
$17.9M
$785.0K
Q1 24
$21.5M
$-9.2M
Gross Margin
EZPW
EZPW
FLNC
FLNC
Q4 25
58.4%
4.9%
Q3 25
59.0%
13.7%
Q2 25
59.1%
14.8%
Q1 25
58.3%
9.9%
Q4 24
57.9%
11.4%
Q3 24
59.5%
12.8%
Q2 24
59.2%
17.2%
Q1 24
58.7%
10.3%
Operating Margin
EZPW
EZPW
FLNC
FLNC
Q4 25
15.9%
-14.8%
Q3 25
11.0%
4.4%
Q2 25
11.6%
1.9%
Q1 25
11.2%
-10.2%
Q4 24
13.1%
-31.4%
Q3 24
8.8%
6.2%
Q2 24
7.9%
1.1%
Q1 24
9.6%
-2.3%
Net Margin
EZPW
EZPW
FLNC
FLNC
Q4 25
11.6%
-9.5%
Q3 25
7.9%
1.7%
Q2 25
8.5%
1.0%
Q1 25
8.3%
-7.2%
Q4 24
9.7%
-22.2%
Q3 24
5.2%
3.9%
Q2 24
6.4%
0.2%
Q1 24
7.5%
-1.5%
EPS (diluted)
EZPW
EZPW
FLNC
FLNC
Q4 25
$0.55
$-0.34
Q3 25
$0.35
$0.18
Q2 25
$0.34
$0.01
Q1 25
$0.33
$-0.24
Q4 24
$0.40
$-0.32
Q3 24
$0.20
$0.34
Q2 24
$0.25
$0.00
Q1 24
$0.29
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EZPW
EZPW
FLNC
FLNC
Cash + ST InvestmentsLiquidity on hand
$465.9M
$452.6M
Total DebtLower is stronger
$518.6M
Stockholders' EquityBook value
$1.1B
$388.0M
Total Assets
$2.0B
$2.3B
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EZPW
EZPW
FLNC
FLNC
Q4 25
$465.9M
$452.6M
Q3 25
$469.5M
$690.8M
Q2 25
$472.1M
$436.3M
Q1 25
$505.2M
$568.6M
Q4 24
$174.5M
$607.4M
Q3 24
$170.5M
$448.7M
Q2 24
$218.0M
$388.2M
Q1 24
$229.1M
$411.8M
Total Debt
EZPW
EZPW
FLNC
FLNC
Q4 25
$518.6M
Q3 25
$518.1M
Q2 25
$517.6M
Q1 25
$620.5M
Q4 24
$327.7M
Q3 24
$327.3M
Q2 24
$361.3M
Q1 24
$360.9M
Stockholders' Equity
EZPW
EZPW
FLNC
FLNC
Q4 25
$1.1B
$388.0M
Q3 25
$1.0B
$429.6M
Q2 25
$990.1M
$407.4M
Q1 25
$851.6M
$388.2M
Q4 24
$823.9M
$409.4M
Q3 24
$804.6M
$472.1M
Q2 24
$801.5M
$421.2M
Q1 24
$800.4M
$413.1M
Total Assets
EZPW
EZPW
FLNC
FLNC
Q4 25
$2.0B
$2.3B
Q3 25
$2.0B
$2.4B
Q2 25
$1.9B
$2.1B
Q1 25
$1.8B
$2.3B
Q4 24
$1.5B
$2.2B
Q3 24
$1.5B
$1.9B
Q2 24
$1.5B
$1.7B
Q1 24
$1.5B
$1.5B
Debt / Equity
EZPW
EZPW
FLNC
FLNC
Q4 25
0.48×
Q3 25
0.51×
Q2 25
0.52×
Q1 25
0.73×
Q4 24
0.40×
Q3 24
0.41×
Q2 24
0.45×
Q1 24
0.45×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EZPW
EZPW
FLNC
FLNC
Operating Cash FlowLast quarter
$39.1M
$-226.8M
Free Cash FlowOCF − Capex
$31.7M
$-232.6M
FCF MarginFCF / Revenue
8.3%
-48.9%
Capex IntensityCapex / Revenue
2.0%
1.2%
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters
$121.7M
$-179.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EZPW
EZPW
FLNC
FLNC
Q4 25
$39.1M
$-226.8M
Q3 25
$51.3M
$265.7M
Q2 25
$34.8M
$-153.9M
Q1 25
$36.9M
$-46.2M
Q4 24
$26.0M
$-211.2M
Q3 24
$43.3M
$10.5M
Q2 24
$33.7M
$-21.1M
Q1 24
$15.1M
$70.9M
Free Cash Flow
EZPW
EZPW
FLNC
FLNC
Q4 25
$31.7M
$-232.6M
Q3 25
$35.7M
$260.9M
Q2 25
$25.7M
$-157.4M
Q1 25
$28.6M
$-50.5M
Q4 24
$20.4M
$-213.3M
Q3 24
$24.4M
$7.3M
Q2 24
$30.5M
$-23.5M
Q1 24
$8.6M
$69.9M
FCF Margin
EZPW
EZPW
FLNC
FLNC
Q4 25
8.3%
-48.9%
Q3 25
10.6%
25.0%
Q2 25
8.3%
-26.1%
Q1 25
9.3%
-11.7%
Q4 24
6.4%
-114.2%
Q3 24
8.3%
0.6%
Q2 24
10.8%
-4.9%
Q1 24
3.0%
11.2%
Capex Intensity
EZPW
EZPW
FLNC
FLNC
Q4 25
2.0%
1.2%
Q3 25
4.6%
0.5%
Q2 25
2.9%
0.6%
Q1 25
2.7%
1.0%
Q4 24
1.8%
1.1%
Q3 24
6.4%
0.3%
Q2 24
1.1%
0.5%
Q1 24
2.3%
0.2%
Cash Conversion
EZPW
EZPW
FLNC
FLNC
Q4 25
0.88×
Q3 25
1.92×
14.81×
Q2 25
1.31×
-24.61×
Q1 25
1.45×
Q4 24
0.84×
Q3 24
2.85×
0.22×
Q2 24
1.88×
-26.87×
Q1 24
0.70×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EZPW
EZPW

Merchandise$210.1M55%
Pawn Service$131.9M35%
Jewelry Scrap$39.9M10%

FLNC
FLNC

Products$450.9M95%
Services$22.5M5%
Digital Applications And Solutions$1.9M0%

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