FirstCash Holdings, Inc.

FirstCash Holdings, Inc. (NASDAQ: FCFS) operates as the leading pawnshop operator across the United States, Latin America, and the United Kingdom. The company's website is www.firstcash.com.

FirstCash operates over 3,300 pawn store locations as of December 31, 2025, comprising 1,207 stores across 29 U.S. states and the District of Columbia, 1,837 stores throughout Latin America including 1,732 in Mexico plus operations in Guatemala, El Salvador, and Colombia, and 286 stores in the United Kingdom following the August 2025 acquisition of H&T Group plc. The company also operates American First Finance, a retail point-of-sale payment solutions business.

The pawn segment generates revenue through two primary channels: pawn lending fees, which accounted for 46 percent of consolidated net revenue in 2025, and merchandise sales, which represented 39 percent of revenue. Pawn loans are non-recourse transactions collateralized by personal property such as jewelry, electronics, tools, and musical instruments. The company's stores acquire merchandise inventory primarily through forfeited pawn collateral and direct purchases from customers, then resell these items at retail. The retail POS payment solutions segment contributed 15 percent of consolidated net revenue and offers lease-to-own products, retail installment sales agreements, and bank-originated installment loans through approximately 16,400 active merchant partner locations.

FirstCash employed approximately 22,000 people across seven countries as of December 31, 2025, including roughly 8,300 in the United States, 11,900 in Latin America, and 1,700 in the United Kingdom. The company resold approximately 14 million pre-owned consumer items valued at approximately $1.7 billion during 2025, positioning itself as a significant participant in the circular economy by extending product lifecycles and reducing manufacturing demand.

The company's business strategy focuses on profitable growth through opening new locations and acquiring existing pawn stores in strategic markets while enhancing productivity of existing stores. The pawn industry remains highly fragmented, with FirstCash representing the largest operator of large-format, full-service pawn stores in its primary markets.