Welcome to our dedicated page for Prog Holdings SEC filings (Ticker: PRG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The PROG Holdings, Inc. (NYSE: PRG) SEC filings page on Stock Titan provides access to the company’s official regulatory disclosures as filed with the U.S. Securities and Exchange Commission. PROG Holdings is a Georgia-incorporated fintech holding company whose common stock trades on the New York Stock Exchange under the symbol PRG, and its filings offer detailed insight into its business, capital structure, and material events.
For PRG, Form 8-K current reports are especially relevant. Recent 8-K filings describe the entry into and completion of a Unit Purchase Agreement to acquire Purchasing Power’s parent entity, including the $420 million cash consideration, the presence of non-recourse funding debt at the acquired business, and the use of cash on hand and debt financing to fund the transaction. Other 8-Ks outline the sale of the Vive Financial credit card receivables portfolio to a subsidiary of Atlanticus Holdings Corporation, quarterly cash dividend declarations, and the announcement of quarterly financial results.
Filings also detail amendments to PROG Holdings’ credit agreement, such as the incurrence of an incremental term loan, updated interest rate grids, leverage covenants, and provisions permitting receivables and warehouse financing facilities. These documents help investors understand the company’s leverage profile, liquidity tools, and covenant structure.
Over time, users can also review annual reports on Form 10-K and quarterly reports on Form 10-Q (when available) for information on Progressive Leasing, Four Technologies, Build, and other segments, as well as risk factors and accounting policies referenced in earnings releases. Form 4 insider transaction reports, when filed, can shed light on trading activity by directors and executives.
Stock Titan enhances this information by offering AI-powered summaries that explain the key points of lengthy filings, highlight changes in leverage or obligations, and surface important terms in acquisition agreements and credit facilities. Real-time updates from EDGAR ensure that new PRG filings, including 10-Ks, 10-Qs, 8-Ks, and Forms 3 and 4, are quickly available in one place for further analysis.
PROG Holdings Inc ownership filing shows 2,512,510 shares beneficially owned by Vanguard Portfolio Management as of 03/31/2026, representing 6.27% of common stock. The filing reports sole voting power for 43,152 shares and sole dispositive power for 2,512,510 shares. The filing was signed on 04/29/2026 by Vanguard's Head of Global Fund Administration and notes holdings include Vanguard funds and managed accounts.
PROG Holdings, Inc. reports Q1 2026 results and completes a $424.2 million cash acquisition of Purchasing Power. Revenue from continuing operations was $742.7 million versus $668.4 million a year earlier, with net earnings of $36.1 million compared with $34.7 million. Diluted earnings per share from continuing operations were $0.89 versus $0.83. Purchasing Power, now a new segment, contributed $107.1 million of revenue but a $7.5 million net loss in the quarter. Total assets rose to $2.04 billion, driven by acquired receivables and $110.7 million of new goodwill, while total debt increased to $936.1 million, including asset‑backed financing tied to securitized receivables. Cash, cash equivalents and restricted cash ended at $79.5 million.
PROG Holdings reported strong Q1 2026 results and increased its full-year 2026 outlook. Revenue from continuing operations rose 11.1% to $742.7 million, while net earnings from continuing operations reached $36.2 million.
Adjusted EBITDA grew 29.2% to $90.3 million, lifting margin to 12.2% of revenues. Diluted EPS from continuing operations was $0.89, and non-GAAP diluted EPS climbed 37.8% to $1.24. Consolidated GMV rose 54.4% to $805.6 million, helped by the Purchasing Power acquisition and triple-digit growth at Four Technologies.
The company ended the quarter with $69.4 million of cash and $943.7 million of gross debt, and has reduced net recourse debt by $210 million since acquiring Purchasing Power, bringing its net leverage ratio to 2.0x. PROG now guides 2026 revenue to $3.0–$3.1 billion, adjusted EBITDA to $343–$370 million, and non-GAAP EPS to $4.40–$4.80, all higher than previous ranges.
PROG Holdings, Inc. filed an amended report to add full-year 2024 and interim 2025 financial statements for its newly acquired subsidiary P‑Squared, LLC (Purchasing Power) and related unaudited pro forma results for the combined company. These disclosures help show how Purchasing Power’s business fits into PROG’s financial profile.
For 2024, Purchasing Power generated about $543.9 million in total revenue, mainly from product sales, and recorded a net loss of roughly $15.2 million. At year-end 2024 it reported total assets of about $590.7 million, long‑term debt of roughly $497.8 million, and negative member’s equity. The notes state PROG’s subsidiary acquired Purchasing Power on January 2, 2026 for $420 million in cash, and subsequent events describe repayment of several Purchasing Power debt facilities and a new $225 million asset‑backed notes issuance in 2026.
PROG Holdings Inc ownership update: The Vanguard Group reports 0% beneficial ownership of Common Stock, holding 0 shares. The filing explains an internal realignment of Vanguard on January 12, 2026 under SEC Release No. 34-39538, with certain subsidiaries now reporting separately.
The report is signed by Ashley Grim on 03/27/2026 and lists Vanguard's address and its statement that no single other person holds more than 5% of the class.
PROG Holdings is asking shareholders to approve four key items at its 2026 annual meeting, including electing ten directors, an advisory vote on executive compensation, ratifying Ernst & Young LLP as auditor, and expanding its 2015 Equity and Incentive Plan share pool to 13,298,000 shares.
The company highlights its shift from a single-product, lease-to-own model toward a multi-product ecosystem spanning Progressive Leasing, Four BNPL, MoneyApp cash advances and the newly acquired Purchasing Power payroll-deduction platform. In 2025, revenue from continuing operations was $2.4 billion, GMV rose 12.1% to $2.5 billion, and Adjusted EBITDA was $269 million, while net earnings from continuing operations were $146.8 million, down from $197.3 million.
Four’s GMV grew 144.2% to $736.5 million, Progressive Leasing’s GMV declined 8.6%, and the company returned $72.5 million to shareholders in 2025 through repurchasing about 4.5% of outstanding shares and paying quarterly dividends. Since late 2020 it has repurchased approximately 44.8% of its outstanding shares for $1.12 billion, which it believes offsets dilution from additional equity awards.
PROG Holdings updated its 2026 outlook to reflect ASC 606 revenue recognition for its recently acquired Purchasing Power business. Travel and Service revenue there will be reported net of certain direct costs, cutting Purchasing Power’s 2026 revenue guidance by about $70 million at both ends of its range.
The company now expects total 2026 revenues from continuing operations of $2.95–$3.07 billion and Purchasing Power revenues of $610–$660 million, while still targeting low double‑digit Purchasing Power growth. Management reaffirmed that these changes are largely presentation‑driven and are not expected to materially affect gross margin, earnings before taxes, adjusted EBITDA, or the broader 2026 financial outlook, including adjusted EBITDA of $320–$350 million and non‑GAAP EPS of $4.00–$4.45.
PROG Holdings, Inc. President and CEO Steven A. Michaels disposed of 41,759 shares of common stock on March 6, 2026 to satisfy a tax liability related to vesting restricted stock units, at $33.26 per share. Following this tax-withholding transaction, he directly holds 635,288 shares and indirectly holds 10,000 shares through his spouse.
PROG Holdings, Inc. Chief Financial Officer Brian Garner reported a Form 4 transaction involving company common stock. On March 6, 2026, 13,418 shares were disposed of at $33.26 per share as a tax-withholding disposition tied to the vesting of restricted stock units. After this tax-related share delivery/withholding, Garner directly owned 143,828 shares of PROG Holdings common stock.
PROG Holdings, Inc. principal accounting officer and VP of financial reporting George M. Sewell reported a tax-related share disposition tied to equity compensation. On March 6, 2026, 965 shares of common stock were withheld at $33.26 per share to cover a tax liability upon vesting of restricted stock units, rather than sold in an open-market trade. After this withholding, Sewell directly owned 30,385 common shares, with an additional 177 shares held indirectly through a 401(k) plan.