Key Takeaways Enova's SMB loans made up 68% of portfolio, driving growth as originations surged 48% YoY.ENVA's SMB revenues rose 34% in Q4 2025, with margins expanding to 71.4% and stable credit metrics.ENVA expects 2026 growth led by SMB, guiding margins at 55% to 60% and at least 20% EPS growth.Enova International, Inc. (ENVA) is increasingly being defined by one thing, small and medium business (SMB) lending at scale. The company has been leaning into SMB demand with a model built for speed, data-driven ...