Atlanticus Holdings Corp(ATLC)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Rank #209 of 2,879 stocksTOP 10%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
ATLC Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Atlanticus Holdings Corp (ATLC), a Financials sector company. 13F Pro's AI-powered ranking engine scores ATLC at 73.1/100 on a 32-signal composite quality model, placing it at rank #209 of 2,879 stocks — the top 10% of the AI-ranked universe. ATLC scores in the top quartile across free cash flow (97.3), revenue growth (96.1), profitability (93.2). Areas of concern include revenue scale (29.5) and institutional flow (30.6), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), Atlanticus Holdings Corp reports quarterly revenue of $189.7M, net income of $44.2M, free cash flow of $286.3M. Top institutional holders of ATLC by reported 13-F value include WELLINGTON MANAGEMENT GROUP LLP, DIMENSIONAL FUND ADVISORS, BlackRock,, based on the most recent SEC filings. ATLC trades on the Nasdaq exchange and files with the SEC under CIK 1464343. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ATLC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Atlanticus Holdings Corp directly from SEC EDGAR. Atlanticus Holdings Corp's 13F Pro composite quality score has ranged between 65 and 78 since 2021, currently 73.1 — a stable long-term trajectory across 27 quarterly and live scoring snapshots.
What's Driving ATLC's Business? Latest 10-Q Breakdown
AI-extracted from Atlanticus Holdings Corp's 10-Q filed 2026-05-07 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net income of $44.6M (+43% YoY) driven by 97% revenue growth to $679.5M, boosted by Mercury acquisition and strong general purpose credit card expansion.
Biggest Revenue Drivers
Total revenue: $679.5M+97% YoY
Growth in private label credit and general purpose credit card receivables driven by Mercury acquisition and expansion of existing retail partnerships.
Increase in annual fees, cash advance fees and other credit product fees from expanded receivables base.
Growth in interchange revenues, servicing income and service charges from larger customer base and receivables portfolio.
Largest Expense Items
Higher servicing costs from significant growth in managed receivables and Mercury acquisition integration.
Increased marketing investment to acquire over 2.2M new accounts; expansion of general purpose credit cards.
Margins: Net margin of $189.7M reflects operating leverage from revenue growth, though partially offset by higher interest expense and fair value losses on receivables. The filing indicates continued margin pressure from elevated interest rates on new funding facilities and higher charge-offs from seasoning of newer receivables acquired in prior quarters.
Watch Items from the Filing
- Top five retail partners represent 83.6% of private label credit receivables outstanding as of March 31, 2026; loss of major retail partner could materially reduce revenues.
- Changes in fair value of loans generated $365.5M loss in Q1 2026 vs. $178.3M prior year; reflects elevated charge-offs and portfolio seasoning risk from rapid growth.
- Mercury acquisition (September 2025) added $3,078.7M in general purpose credit card receivables representing 41.4% of consolidated total assets; integration and execution risk noted.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q1 2026
$189.7M
Net Income
Q1 2026
$44.2M
Free Cash Flow
Q1 2026
$286.3M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+57.0% YoYNet Income
+18.3% YoYEPS (Diluted)
+40.6% YoYTotal Assets
+181.7% YoYOp. Cash Flow
+38.9% YoY| Metric | FY 2025 | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $557.2M +57.0% | $354.8M -8.3% | $386.7M -11.9% | $438.7M +177.4% | $158.2M +2746.9% | $5.6M |
| Net Income | $120.6M +18.3% | $102.0M -24.8% | $135.6M -23.8% | $177.9M +572.8% | $26.4M +236.6% | $7.9M |
| EPS (Diluted) | $5.96 +40.6% | $4.24 -27.3% | $5.83 -22.9% | $7.56 +355.4% | $1.66 +196.4% | $0.56 |
| Total Assets | $7.62B +181.7% | $2.71B +13.3% | $2.39B +22.8% | $1.94B +107.6% | $936.3M +60.7% | $582.6M |
| Operating Cash Flow | $638.0M +38.9% | $459.3M +32.7% | $346.1M +63.0% | $212.4M +112.4% | $100.0M +133.3% | $42.9M |
AI Insight: ATLC Financial Trends
ATLC revenue doubled from $90M to $190M over eight quarters while equity grew 49% to $648M.
• Revenue accelerated from $90M in Q2 2024 to $190M in Q1 2026, doubling over eight quarters.
• Equity steadily expanded from $434M to $648M, a 49% increase since Q2 2024.
• Operating cash flow surged to $286M in Q1 2026 from $107M in Q3 2025.
• Net income volatility evident with decline to $25M in Q3 2025 before rebounding to $44M.
⚠ Net income declined 19% to $25M in Q3 2025 despite 41% revenue growth that quarter.
⚠ Operating cash flow dropped 21% to $107M in Q3 2025 from prior quarter levels.
AI Insight: ATLC Ratio Trends
Atlanticus margins and returns rebounded sharply in Q1 2026 after hitting multi-year lows in Q3 2025.
• Operating margin recovered from 23.1% in Q3 2025 to 31.0% in Q1 2026.
• ROIC surged from 22.0% in Q3 2025 to 36.3% in Q1 2026, highest in dataset.
• ROE climbed from 17.0% in Q3 2025 to 27.3% in Q1 2026.
⚠ TTM metrics lag quarterly trends significantly, suggesting recent improvement may be volatile.
⚠ ROA remains subdued at 2.4% in Q1 2026 versus 3.9% highs in 2024-2025.
Get alerted when ATLC's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for Atlanticus Holdings Corp including:
Top Institutional Holders of ATLC
WELLINGTON MANAGEMENT GROUP LLP
$39.6M754,958 shDIMENSIONAL FUND ADVISORS LP
$27.4M522,545 shBlackRock, Inc.
$22.6M430,167 shVANGUARD CAPITAL MANAGEMENT LLC
$12.3M235,281 shAMERICAN CENTURY COMPANIES INC
$9.7M185,091 shGEODE CAPITAL MANAGEMENT, LLC
$7.5M143,095 shBRIDGEWAY CAPITAL MANAGEMENT, LLC
$6.4M121,403 shHB Wealth Management, LLC
$6.2M118,788 shSTATE STREET CORP
$6.1M115,879 shRENAISSANCE TECHNOLOGIES LLC
$6.1M115,558 sh
| Fund | Value | Shares |
|---|---|---|
| WELLINGTON MANAGEMENT GROUP LLP | $39.6M | 754,958 |
| DIMENSIONAL FUND ADVISORS LP | $27.4M | 522,545 |
| BlackRock, Inc. | $22.6M | 430,167 |
| VANGUARD CAPITAL MANAGEMENT LLC | $12.3M | 235,281 |
| AMERICAN CENTURY COMPANIES INC | $9.7M | 185,091 |
| GEODE CAPITAL MANAGEMENT, LLC | $7.5M | 143,095 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $6.4M | 121,403 |
| HB Wealth Management, LLC | $6.2M | 118,788 |
| STATE STREET CORP | $6.1M | 115,879 |
| RENAISSANCE TECHNOLOGIES LLC | $6.1M | 115,558 |
More Financials Companies
View all Financials →Put ATLC on your watchlist
Track score changes the day Atlanticus Holdings Corp files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is ATLC a good stock to buy?
13F Pro's AI-powered analysis of Atlanticus Holdings Corp (ATLC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ATLC are available on the ATLC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ATLC?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ATLC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Atlanticus Holdings Corp's investment landscape.