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PROG Holdings, Inc. 10-Q Filings

PRG NYSE

Every 10-Q that PROG Holdings, Inc. (PRG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, 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.

Rhea-AI Summary

PROG Holdings, Inc., a financial technology holding company with Progressive Leasing, Purchasing Power and Four segments, reported second-quarter 2026 revenues of 719,715 (in thousands), up from 588,503 (in thousands) a year earlier. Net earnings were 37,029 (in thousands), slightly below 38,483 (in thousands), with diluted earnings per share of $0.91. For the first half of 2026, revenues were 1,462,389 (in thousands) and net earnings were 73,083 (in thousands).

On January 2, 2026, the company acquired Purchasing Power for cash consideration of 424,227 (in thousands), adding a new reportable segment. The deal increased goodwill and other intangibles to 459,714 (in thousands) and assets to 2,048,066 (in thousands), while total debt rose to 887,064 (in thousands), including 600,000 (in thousands) of 6.00% senior notes and 293.7 million of consolidated asset‑backed VIE debt. Operating cash flow for the first half was 277,936 (in thousands), with 414,218 (in thousands) used in investing activities, primarily for the acquisition and loan funding. Purchasing Power contributed 237,500 (in thousands) of revenue and a pre‑tax net loss of 7,800 (in thousands) in the first half, while discontinued Vive operations produced a small net loss.

Rhea-AI Summary

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.

Rhea-AI Summary

PROG Holdings (PRG) reported Q3 2025 results and a major portfolio move. Revenue was $595.1 million, down slightly year over year, while diluted EPS was $0.82 versus $1.94 a year ago, reflecting a tougher tax comparison. Lease revenues and fees were $556.6 million, and interest and fees on loans receivable were $38.5 million.

Liquidity strengthened: cash and equivalents rose to $292.6 million, debt, net was $594.5 million, and the $350.0 million revolver had no borrowings outstanding at quarter end. As a subsequent event, the company completed the sale of substantially all Vive assets for an estimated $149.0 million in cash and expects an estimated pretax gain of approximately $30.0 million, with $3.0 to $5.0 million of related restructuring costs. Vive will be presented as discontinued operations beginning in the quarter ending December 31, 2025. Shares outstanding were 39,545,593 as of October 17, 2025.