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

EZCORP INC is the larger business by last-quarter revenue ($382.0M vs $310.0M, roughly 1.2× MediaAlpha, Inc.). EZCORP INC runs the higher net margin — 11.6% vs 4.5%, a 7.1% gap on every dollar of revenue. On growth, EZCORP INC posted the faster year-over-year revenue change (19.3% vs 17.3%). Over the past eight quarters, MediaAlpha, Inc.'s revenue compounded faster (31.9% CAGR vs 15.6%).

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.

Alpha Group Co., Ltd. is a Chinese multinational conglomerate with animation, toy, mass media asset and entertainment company headquartered created by Cai Dongqing in 1993. In 2016, it changed its name from Alpha Animation. The company has a Chinese webcomics site, U17, and also an American film company, Alpha Pictures, and has announced the creation of an animation division also based in the United States.

EZPW vs MAX — Head-to-Head

Bigger by revenue
EZPW
EZPW
1.2× larger
EZPW
$382.0M
$310.0M
MAX
Growing faster (revenue YoY)
EZPW
EZPW
+2.0% gap
EZPW
19.3%
17.3%
MAX
Higher net margin
EZPW
EZPW
7.1% more per $
EZPW
11.6%
4.5%
MAX
Faster 2-yr revenue CAGR
MAX
MAX
Annualised
MAX
31.9%
15.6%
EZPW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
EZPW
EZPW
MAX
MAX
Revenue
$382.0M
$310.0M
Net Profit
$44.3M
$14.0M
Gross Margin
58.4%
15.1%
Operating Margin
15.9%
7.2%
Net Margin
11.6%
4.5%
Revenue YoY
19.3%
17.3%
Net Profit YoY
42.8%
701.8%
EPS (diluted)
$0.55

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
MAX
MAX
Q1 26
$310.0M
Q4 25
$382.0M
$291.2M
Q3 25
$336.8M
$306.5M
Q2 25
$311.0M
$251.6M
Q1 25
$306.3M
$264.3M
Q4 24
$320.2M
$300.6M
Q3 24
$294.6M
$259.1M
Q2 24
$281.4M
$178.3M
Net Profit
EZPW
EZPW
MAX
MAX
Q1 26
$14.0M
Q4 25
$44.3M
$31.4M
Q3 25
$26.7M
$14.9M
Q2 25
$26.5M
$-18.7M
Q1 25
$25.4M
$-1.9M
Q4 24
$31.0M
$4.6M
Q3 24
$15.2M
$9.5M
Q2 24
$17.9M
$3.6M
Gross Margin
EZPW
EZPW
MAX
MAX
Q1 26
15.1%
Q4 25
58.4%
15.4%
Q3 25
59.0%
14.2%
Q2 25
59.1%
15.0%
Q1 25
58.3%
15.8%
Q4 24
57.9%
16.3%
Q3 24
59.5%
15.1%
Q2 24
59.2%
17.8%
Operating Margin
EZPW
EZPW
MAX
MAX
Q1 26
7.2%
Q4 25
15.9%
7.7%
Q3 25
11.0%
6.4%
Q2 25
11.6%
-8.0%
Q1 25
11.2%
0.0%
Q4 24
13.1%
6.1%
Q3 24
8.8%
6.0%
Q2 24
7.9%
3.6%
Net Margin
EZPW
EZPW
MAX
MAX
Q1 26
4.5%
Q4 25
11.6%
10.8%
Q3 25
7.9%
4.9%
Q2 25
8.5%
-7.4%
Q1 25
8.3%
-0.7%
Q4 24
9.7%
1.5%
Q3 24
5.2%
3.7%
Q2 24
6.4%
2.0%
EPS (diluted)
EZPW
EZPW
MAX
MAX
Q1 26
Q4 25
$0.55
$0.50
Q3 25
$0.35
$0.26
Q2 25
$0.34
$-0.33
Q1 25
$0.33
$-0.04
Q4 24
$0.40
$0.09
Q3 24
$0.20
$0.17
Q2 24
$0.25
$0.07

Balance Sheet & Financial Strength

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

Metric
EZPW
EZPW
MAX
MAX
Cash + ST InvestmentsLiquidity on hand
$465.9M
$26.1M
Total DebtLower is stronger
$518.6M
$163.5M
Stockholders' EquityBook value
$1.1B
Total Assets
$2.0B
$367.7M
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EZPW
EZPW
MAX
MAX
Q1 26
$26.1M
Q4 25
$465.9M
$46.9M
Q3 25
$469.5M
$38.8M
Q2 25
$472.1M
$85.4M
Q1 25
$505.2M
$63.6M
Q4 24
$174.5M
$43.3M
Q3 24
$170.5M
$32.3M
Q2 24
$218.0M
$28.7M
Total Debt
EZPW
EZPW
MAX
MAX
Q1 26
$163.5M
Q4 25
$518.6M
$153.4M
Q3 25
$518.1M
$155.7M
Q2 25
$517.6M
$158.0M
Q1 25
$620.5M
$160.2M
Q4 24
$327.7M
$162.4M
Q3 24
$327.3M
$164.7M
Q2 24
$361.3M
$166.9M
Stockholders' Equity
EZPW
EZPW
MAX
MAX
Q1 26
Q4 25
$1.1B
$4.2M
Q3 25
$1.0B
$-29.8M
Q2 25
$990.1M
$-3.8M
Q1 25
$851.6M
$7.9M
Q4 24
$823.9M
$2.4M
Q3 24
$804.6M
$-8.4M
Q2 24
$801.5M
$-24.4M
Total Assets
EZPW
EZPW
MAX
MAX
Q1 26
$367.7M
Q4 25
$2.0B
$383.8M
Q3 25
$2.0B
$266.2M
Q2 25
$1.9B
$249.4M
Q1 25
$1.8B
$240.0M
Q4 24
$1.5B
$262.4M
Q3 24
$1.5B
$236.1M
Q2 24
$1.5B
$198.2M
Debt / Equity
EZPW
EZPW
MAX
MAX
Q1 26
Q4 25
0.48×
36.88×
Q3 25
0.51×
Q2 25
0.52×
Q1 25
0.73×
20.23×
Q4 24
0.40×
68.31×
Q3 24
0.41×
Q2 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
MAX
MAX
Operating Cash FlowLast quarter
$39.1M
Free Cash FlowOCF − Capex
$31.7M
FCF MarginFCF / Revenue
8.3%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters
$121.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EZPW
EZPW
MAX
MAX
Q1 26
Q4 25
$39.1M
$-7.4M
Q3 25
$51.3M
$23.6M
Q2 25
$34.8M
$25.7M
Q1 25
$36.9M
$23.7M
Q4 24
$26.0M
$14.5M
Q3 24
$43.3M
$8.1M
Q2 24
$33.7M
$21.6M
Free Cash Flow
EZPW
EZPW
MAX
MAX
Q1 26
Q4 25
$31.7M
$-7.5M
Q3 25
$35.7M
$23.6M
Q2 25
$25.7M
$25.5M
Q1 25
$28.6M
$23.6M
Q4 24
$20.4M
$14.5M
Q3 24
$24.4M
$8.0M
Q2 24
$30.5M
$21.5M
FCF Margin
EZPW
EZPW
MAX
MAX
Q1 26
Q4 25
8.3%
-2.6%
Q3 25
10.6%
7.7%
Q2 25
8.3%
10.2%
Q1 25
9.3%
8.9%
Q4 24
6.4%
4.8%
Q3 24
8.3%
3.1%
Q2 24
10.8%
12.0%
Capex Intensity
EZPW
EZPW
MAX
MAX
Q1 26
Q4 25
2.0%
0.0%
Q3 25
4.6%
0.0%
Q2 25
2.9%
0.1%
Q1 25
2.7%
0.0%
Q4 24
1.8%
0.0%
Q3 24
6.4%
0.0%
Q2 24
1.1%
0.1%
Cash Conversion
EZPW
EZPW
MAX
MAX
Q1 26
Q4 25
0.88×
-0.24×
Q3 25
1.92×
1.58×
Q2 25
1.31×
Q1 25
1.45×
Q4 24
0.84×
3.13×
Q3 24
2.85×
0.85×
Q2 24
1.88×
5.97×

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%

MAX
MAX

Segment breakdown not available.

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