LM Funding America (NASDAQ:LMFA) Posts Earnings Results, Misses Expectations By $0.16 EPS

Posted by Stanley Muller on May 15th, 2026

LM Funding America (NASDAQ:LMFA – Get Free Report) posted its quarterly earnings results on Friday. The financial services provider reported ($0.47) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.31) by ($0.16), FiscalAI reports. LM Funding America had a negative return on equity of 80.72% and a negative net margin of 304.39%.The firm had revenue of $2.11 million for the quarter, compared to analysts’ expectations of $3.00 million.

Here are the key takeaways from LM Funding America’s conference call:

LM Funding said it mined 26.1 Bitcoin in Q1 2026, up 19% sequentially, as energized hash rate reached a company-record 790 petahash and March output hit a record 9.6 Bitcoin.
Revenue was about $2.1 million, down year over year due to a lower Bitcoin price, while mining margin held relatively steady at 24.1% helped by curtailment and energy sales.
The company reported a $10.1 million net loss and an $8.4 million core EBITDA loss, driven largely by a $7 million non-cash fair value adjustment tied to the decline in Bitcoin prices during the quarter.
Management emphasized that the company’s Bitcoin treasury recovered significantly after quarter-end, rising to an estimated $27.3 million by May 11, while also noting the shares still trade at a discount to the value of its Bitcoin holdings.
LM Funding extended the maturity of its Galaxy Digital facility to June 26, 2026, giving it more flexibility as it evaluates settlement options and future capital structure moves.

LM Funding America Stock Down 9.7%

Shares of NASDAQ LMFA traded down $0.02 during mid-day trading on Friday, reaching $0.23. 450,442 shares of the company traded hands, compared to its average volume of 499,648. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.18 and a current ratio of 1.18. The company’s fifty day moving average is $0.29 and its two-hundred day moving average is $0.51. LM Funding America has a fifty-two week low of $0.18 and a fifty-two week high of $5.14.

Institutional Trading of LM Funding America

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Armistice Capital LLC grew its holdings in LM Funding America by 28.4% in the 2nd quarter. Armistice Capital LLC now owns 397,899 shares of the financial services provider’s stock valued at $1,138,000 after buying an additional 87,905 shares during the last quarter. Citadel Advisors LLC acquired a new stake in LM Funding America in the 3rd quarter valued at approximately $139,000. Two Sigma Investments LP acquired a new stake in LM Funding America in the 3rd quarter valued at approximately $100,000. Jane Street Group LLC acquired a new stake in LM Funding America in the 2nd quarter valued at approximately $70,000. Finally, XTX Topco Ltd acquired a new stake in LM Funding America in the 2nd quarter valued at approximately $54,000. Institutional investors and hedge funds own 22.73% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of LM Funding America in a report on Friday, March 27th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $5.00.

Get Our Latest Stock Analysis on LMFA

About LM Funding America

(Get Free Report)

LM Funding America, Inc, headquartered in Miami, Florida, is a specialty finance company that provides retail installment contracts to subprime borrowers. The company originates, acquires, and manages motor vehicle retail financing through a network of franchised and independent automobile dealerships across the United States. LM Funding America holds and services its loan portfolio through its wholly owned subsidiary, LM Funding America Service Corp., and offers floorplan financing to new and used vehicle dealers through LM Funding Floorplan LLC.

Established in 2013, LM Funding America completed its initial public offering on the Nasdaq Stock Market in 2015, enabling the company to expand its lending operations and geographic presence.