FirstCash Holdings operates retail pawn stores and lease-to-own financing services serving cash- and credit-constrained consumers across the United States, Latin America, and the United Kingdom. The company generates revenue primarily from pawn loan fees charged on collateral (jewelry, electronics, tools, and other personal property), retail sales of merchandise acquired through loan forfeitures, and lease-to-own financing products for furniture and appliances. With thousands of pawn locations globally and a portfolio of earning assets concentrated in jewelry and other easily liquidatable inventory, the company benefits from flexible cash generation and operates with substantial operating margins in its core pawn business.