Here are the 10-K annual reports from PROG Holdings, Inc. (PRG) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow PRG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PRG filings page.
PROG Holdings is a financial technology holding company focused on alternative payment options for near-prime and subprime consumers. Its Progressive Leasing segment provides in-store, app-based, and e-commerce lease-to-own solutions and generated about 96% of consolidated revenue for the year ended December 31, 2025.
The company also operates Four, a buy now, pay later platform, and MoneyApp for interest-free cash advances. In October 2025, PROG sold the loan portfolio of its Vive segment and began winding down that business. On January 2, 2026, it acquired Purchasing Power, which offers payroll-deduction purchasing programs to millions of employees.
Management highlights a unified ecosystem strategy, heavy use of proprietary decisioning algorithms, and significant reliance on large retail partners. Key risks include regulatory scrutiny of subprime and BNPL products, macroeconomic pressure on customers, cybersecurity threats, concentration in a few major POS partners, and compliance costs tied to evolving privacy and consumer protection rules.