环球验收 2025年度报告

Form 10-K__________________________________ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended:March31, 2026 OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _____________ Commission file number:000-19599 WORLD ACCEPTANCE CORPORATION (Exact name of registrant as specified in its charter) South Carolina57-0425114(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) (Address of principal executive offices)(Zip Code) (864) 298-9800(Registrant's telephone number, including area code) SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: Title of Each ClassTrading Symbol(s)Name of Each Exchange on Which RegisteredCommon Stock, no par valueWRLDThe NASDAQ Stock Market LLC(NASDAQ Global Select Market) SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: NONE Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. YesNo Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.YesNo Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or Section 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company.See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”and “emerging growth company” in Rule 12b-2 of the Exchange Act. Accelerated filer☒ If an emerging growth company, indicate by check mark if registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of itsinternal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered publicaccounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrantincluded in the filing reflect the correction of an error to previously issued financial statements.☒ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to § 240.10D-1(b). Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).Yes☐No The aggregate market value of voting stock held by non-affiliates of the registrant as of September30, 2025, computed by reference to theclosing sale price on such date, was $437,342,423.(For purposes of calculating this amount only, all directors and executive officers are treatedas affiliates.This determination of affiliate status is not necessarily a conclusive determination for other purposes.)As of May 27,2026,4,640,323 shares of the registrant’s Common Stock, no par value, were outstanding. DOCUMENTS INCORPORATED BY REFERENCEPortions of the Registrant's definitive Proxy Statement pertaining to the 2026 Annual Meeting of Shareholders (“the Proxy Statement”) to be filedpursuanttoRegulation14AareincorporatedhereinbyreferenceintoPartIIIhereof. TABLE OF CONTENTS PART I1.Business51A.Risk Factors141B.Unresolved Staff Comments291C.Cybersecurity292.Properties303.Legal Proceedings304.Mine Safety Disclosures31 5.Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities326.[Reserved]337.Management's Discussion and Analysis of Financial Condition and Results of Operations337A.Quantitative and Qualitative Disclosures About Market Risk438.Financial Statements and Supplementary Data449.Changes in and Disagreements With Accountants on Accounting and Financial Disclosure969A.Controls and Procedures969B.Other Information979C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections97 PART III10.Directors, Executive Officers and