PROG Holdings, Inc.(PRG)Earnings, Financials & Key Ratios

PRG•NYSE

$43.76

12.2× P/E·Price updated Jul 7, 2026

SectorIndustrials IndustryRental & Leasing Sub-IndustryConsumer and workplace rental services

AboutPROG Holdings, Inc. operates as an omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers. It operates in two segments, Progressive Leasing and Vive. The Progressive Leasing segment offers lease-purchase solutions to customers for various merchandize in the furniture, appliances, electronics, jewelry, mobile phones and accessories, mattresses, and automobile electronics and accessories markets through point-of-sale and e-commerce retail partners, as well in-store, mobile, and online solutions. The Vive segment provides second-look and revolving credit products to customers that may not qualify for traditional prime lending through private label and Vive-branded credit cards. It offers lease-purchase solutions through approximately 24,000 third-party point-of-sale partner locations and e-commerce websites in 49 states and the District of Columbia. The company was formerly known as Aaron's Holdings Company, Inc. and changed its name to PROG Holdings, Inc. in December 2020. PROG Holdings, Inc. was founded in 1955 and is based in Draper, Utah.Show more

Revenue$2.41B-2.2%
EBITDA$1.85B+0.5%
Net Income$147M-25.6%
EPS (Diluted)3.59-20.8%
Gross Margin32.98%-67.0%
EBITDA Margin76.91%+2.8%
Operating Margin9.89%+25.0%
Net Margin6.09%-23.9%
ROE21.02%-33.8%

PRG Price & Volume

PROG Holdings, Inc. (PRG) stock price & volume — 10-year historical chart

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Volatile Revenue Growth Masks Structural Margin Risks

Investment Thesis • Updated 2026Q1

VerdictNeutral

Growth:Mixed

Profitability:Moderate

Financial:Healthy

Cash Flow:Mixed

Primary Risk:Regulatory and credit default

Key Thesis Takeaways

PROG Holdings faces a complex outlook characterized by inconsistent revenue growth, which oscillated between an 8.6% expansion in 2026Q1 and a 7.8% contraction in 2025Q4.
While the company maintains a significant liquidity buffer, the aggressive deployment of capital into lease merchandise and a surge in goodwill to $771.7 million in 2026Q1 raise concerns regarding asset quality and long-term earnings sustainability.
Investors should monitor the impact of potential regulatory fee caps on the company's ability to maintain its current 13.0% operating margin.

Verdict Logic

while the stock trades at a forward P/E of 9.92, the persistent volatility in free cash flow and the reliance on aggressive working capital deployment to fund lease merchandise growth warrant a cautious approach.

PRG Growth Metrics

PROG Holdings, Inc. (PRG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-2.74%

5 Years-0.61%

3 Years-2.48%

TTM0.45%

Profit CAGR

10 Years0.79%

5 Years-

3 Years14.14%

TTM-29.47%

EPS CAGR

10 Years6.8%

5 Years-

3 Years23.63%

TTM-25.2%

Return on Capital

10 Years13.44%

5 Years17.12%

3 Years16.02%

Last Year16.75%

PRG Recent Earnings

PROG Holdings, Inc. (PRG) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 12/12 qtrs (100%)●Beat Revenue 10/12 qtrs (83%)

Q2 2026Latest

Apr 29, 2026

Metric

Actual

Est

EPS

$1.24+59.0%

$0.78

Rev

$743M+1.4%

$733M

Q1 2026

Feb 18, 2026

Metric

Actual

Est

EPS

$0.74+23.3%

$0.60

Rev

$575M-1.6%

$584M

Q4 2025

Oct 22, 2025

Metric

Actual

Est

EPS

$0.90+23.3%

$0.73

Rev

$595M+2.3%

$582M

Q3 2025

Jul 23, 2025

Metric

Actual

Est

EPS

$1.02+29.1%

$0.79

Rev

$605M+2.8%

$588M

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 29, 2026	$1.24vs $0.78+59.0%	$743Mvs $733M+1.4%
Q1 2026	Feb 18, 2026	$0.74vs $0.60+23.3%	$575Mvs $584M-1.6%
Q4 2025	Oct 22, 2025	$0.90vs $0.73+23.3%	$595Mvs $582M+2.3%
Q3 2025	Jul 23, 2025	$1.02vs $0.79+29.1%	$605Mvs $588M+2.8%

Based on last 12 quarters of dataView full earnings history →

Latest PRG News

Recent stock market news and headlines for PROG Holdings, Inc. (PRG)

Business Wire·6h ago

PROG Holdings, Inc. to Release Second Quarter 2026 Financial Results on July 29, 2026

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Four Technologies, MoneyApp and Purchasing Power, is scheduled to release financial results for the second quarter of 2026 on Wednesday, July 29, 2026 prior to the market open.The Company has also scheduled a live webcast for July 29, 2026 at 8:30 A.M. ET to discuss its financial results for the second quarter of 2026. The webcast can be accessed via the below link, or through th.

Zacks Investment Research·Jun 26, 2026

PROG Holdings (PRG) Soars 5.1%: Is Further Upside Left in the Stock?

PROG Holdings (PRG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Zacks Investment Research·Jun 25, 2026

Aaron's Holdings Company, Inc. (PRG) Hits Fresh High: Is There Still Room to Run?

PROG Holdings (PRG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Peers Comparison

Key metrics vs top competitors for PROG Holdings, Inc. (PRG)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
PRGPROG Holdings, Inc.Current	$43.76	$1.75B	12.19	-2.2%	6.09%	21.02%	1.16%
UPBDUpbound Group, Inc.	$20.51	$1.19B	16.41	8.67%	1.78%	12.1%	—
WRLDWorld Acceptance Corporation	$199.11	$923.93M	28.94	3.7%	5.98%	9.36%	—
EZPWEZCORP, Inc.	$35.44	$2.08B	24.96	9.7%	9.93%	13.87%	—
AFRMAffirm Holdings, Inc.	$83.62	$27.85B	557.47	38.8%	11.95%	11.17%	—
SEZLSezzle Inc.	$177.63	$5.97B	47.75	66.08%	30.83%	90.93%	—

Compare PRG vs Peers

PROG Holdings, Inc. (PRG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs UPBD

Most directly comparable listed peer for PRG.

Scale Benchmark

vs AFRM

Larger-name benchmark to compare PRG against a more recognizable public peer.

Peer Set

Compare Top 5

vs UPBD, WRLD, EZPW, AFRM

PRG SEC Filings & Documents

PROG Holdings, Inc. (PRG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 29, 2026·SEC

Material company update

Mar 10, 2026·SEC

Material company update

Mar 2, 2026·SEC

10-K Annual Reports

FY 2026

Feb 18, 2026·SEC

FY 2025

Feb 19, 2025·SEC

FY 2024

Feb 21, 2024·SEC

10-Q Quarterly Reports

FY 2026

Apr 29, 2026·SEC

FY 2025

Oct 22, 2025·SEC

FY 2025

Jul 23, 2025·SEC

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PRG Frequently Asked Questions

PROG Holdings, Inc. (PRG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is PROG Holdings, Inc.'s revenue?

PROG Holdings, Inc. (PRG) reported $2.52B in revenue for fiscal year 2025. This represents a 818% increase from $274.2M in 1996.

How fast is PROG Holdings, Inc. growing?

PROG Holdings, Inc. (PRG) saw revenue decline by 2.2% over the past year.

Is PRG profitable?

Yes, PROG Holdings, Inc. (PRG) is profitable, generating $148.1M in net income for fiscal year 2025 (6.1% net margin).

Dividend & Returns

Does PRG pay dividends?

Yes, PROG Holdings, Inc. (PRG) pays a dividend with a yield of 1.16%. This makes it attractive for income-focused investors.

What is PRG's return on equity?

PROG Holdings, Inc. (PRG) has a return on equity (ROE) of 21.0%. This is excellent, indicating efficient use of shareholder capital.

What is PROG Holdings, Inc.'s free cash flow?

PROG Holdings, Inc. (PRG) generated $285.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in PRG back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →

Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

Apr 29, 2026

$1.24vs $0.78+59.0%

$743Mvs $733M+1.4%

Q1 2026

Feb 18, 2026

$0.74vs $0.60+23.3%

$575Mvs $584M-1.6%

Q4 2025

Oct 22, 2025

$0.90vs $0.73+23.3%

$595Mvs $582M+2.3%

Q3 2025

Jul 23, 2025

$1.02vs $0.79+29.1%

$605Mvs $588M+2.8%

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

PRGPROG Holdings, Inc.Current

$43.76

$1.75B

12.19

-2.2%

6.09%

21.02%

1.16%

UPBDUpbound Group, Inc.

$20.51

$1.19B

16.41

8.67%

1.78%

12.1%

—

WRLDWorld Acceptance Corporation

$199.11

$923.93M

28.94

3.7%

5.98%

9.36%

—

EZPWEZCORP, Inc.

$35.44

$2.08B

24.96

9.7%

9.93%

13.87%

—

AFRMAffirm Holdings, Inc.

$83.62

$27.85B

557.47

38.8%

11.95%

11.17%

—

SEZLSezzle Inc.

$177.63

$5.97B

47.75

66.08%

30.83%

90.93%

—