Upbound Group Q3 2026 earnings rise to $34.3M
Full-year guidance was narrowed across revenue, Adjusted EBITDA and non-GAAP diluted EPS, with a higher EPS midpoint.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Upbound Group, Inc. (UPBD) reported third-quarter 2026 revenue of $1,146.2 million, down 1.6% year over year, and GAAP net earnings of $34.3 million, up from $13.2 million. GAAP diluted EPS was $0.58 versus $0.22; Adjusted EBITDA was $123.4 million, down 0.1%, and non-GAAP diluted EPS was $1.01 versus $1.00. Operating cash flow was $163.1 million; free cash flow was approximately $121 million.
Brigit revenue rose 36.6% to $78.8 million and net earnings increased 93.8% to $8.9 million. Acima revenue declined approximately 6.5% to $584.7 million, while net earnings rose 17.3% to $74.7 million; its lease charge-off rate was 8.7%, down 104 basis points. Rent-A-Center revenue was $459.0 million, down 0.4%, and same-store sales rose 1.8%.
Full-year 2026 guidance narrowed to revenue of $4.68-$4.78 billion, Adjusted EBITDA of $510-$525 million and non-GAAP diluted EPS of $4.15-$4.30, with a higher EPS midpoint. Upbound intends to repurchase up to $50 million of common stock under its existing program; management will determine timing and amount based on market conditions, share price, capital needs and other factors. It repaid approximately $77 million of debt; quarter-end net leverage was 2.4x, compared with 2.6x last quarter.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Moderate pointGAAP net earnings increased $21.1 million year over year to $34.3 million.
- Moderate pointBrigit revenue grew 36.6% year over year to $78.8 million.
- Moderate pointAcima Adjusted EBITDA grew 14.7% year over year to $86 million.
- Moderate pointAcima lease charge-off rate declined 104 basis points year over year to 8.7%.
Negative
- Moderate pointRent-A-Center Adjusted EBITDA declined 11.3% year over year to $66 million.
- Moderate pointBrigit net advance loss rate rose 111 basis points year over year to 4.4%.
Filing Explained
The 8-K reports that Acima entered an integration agreement to serve as Boost Mobile’s preferred lease-to-own solution across approximately 5,000 stores, creating a potential retail distribution channel.
8-K Event Classification
Key Figures
Key Terms
Adjusted EBITDA financial
Free Cash Flow financial
Net Leverage Ratio financial
Brigit Paying Users financial
Earnings Snapshot
Full-year 2026: consolidated revenue $4.68-$4.78 billion; Adjusted EBITDA $510-$525 million; non-GAAP diluted EPS $4.15-$4.30. Fourth quarter 2026: consolidated revenue $1.15-$1.25 billion; Adjusted EBITDA $125-$135 million; non-GAAP diluted EPS $1.00-$1.10.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were UPBD's third-quarter 2026 financial results?
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AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition.
On October 29, 2026, Upbound Group, Inc. issued a press release announcing its financial results for the quarter ended September 30, 2026. Copies of the press release and earnings release are attached hereto as Exhibits 99.1 and 99.2, respectively, and are incorporated herein by reference. The information contained in this paragraph, as well as Exhibits 99.1 and 99.2 referenced herein, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933.
Item 7.01 Regulation FD Disclosure.
On October 29, 2026, Upbound Group, Inc. issued an investor presentation announcing its financial results for the quarter ended September 30, 2026. A copy of the investor presentation is furnished herewith as Exhibit 99.3 and is incorporated herein by reference. The information contained in this paragraph, as well as Exhibit 99.3 referenced herein, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933.
Item 9.01 Financial Statements and Exhibits.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Hal Khouri Executive Vice President, Chief Financial Officer |
Upbound Group, Inc. Reports Third Quarter 2026 Results
PLANO, Texas--(BUSINESS WIRE)—October 29, 2026-- Upbound Group, Inc. (the "Company" or "Upbound") (NASDAQ:UPBD) today announced results for the quarter ended September 30, 2026. The earnings release, financial tables and related materials can be found on the Company's investor relations website at https://investor.upbound.com.
Today at 9 a.m. ET, Fahmi Karam, Chief Executive Officer, and Hal Khouri, Chief Financial Officer, will host a conference call to review the Company’s financial results. Interested parties can access a live webcast of the conference call via this link (Webcast Link) or through the Company's investor relations website.
Third Quarter 2026 Highlights1
About Upbound Group, Inc.
Upbound Group, Inc. (NASDAQ: UPBD), is a technology and data-driven leader in accessible and inclusive financial solutions that address the evolving needs and aspirations of underserved consumers. The Company’s customer-facing operating units include industry-leading brands such as Acima®, Brigit™, and Rent-A-Center® that facilitate consumer transactions across a wide range of store-based and digital channels in the United States, Mexico and Puerto Rico. Upbound Group, Inc. is headquartered in Plano, Texas. For additional information about the Company, please visit our website Upbound.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including, among others, statements regarding our 2026 financial guidance, future same store sales expectations and other statements regarding our future outlook. Such forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "could," "estimate," "predict," "continue," “maintain,” "should," "anticipate," "believe," or “confident,” or the negative thereof or variations thereon or similar terminology. Such forward-looking statements are based on particular assumptions that our management has made in light of its experience and its perception of expected future developments and other factors that it believes are appropriate under the circumstances, and are subject to various risks and uncertainties. Factors that could cause or contribute to material and adverse differences between actual and anticipated results include, but are not limited to, (1) the general strength of the economy and other economic conditions affecting consumer preferences, spending and payment behaviors, including the availability of credit to the Company's target consumers and to other consumers, impacts from continued or renewed inflation, central bank monetary policy initiatives to address inflation concerns and a possible recession or slowdown in economic growth, (2) risks described in our full third quarter 2026 earnings release and related materials, and (3) the other risks detailed from time to time in the reports filed by us with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2025, and our Quarterly Report on Form 10-Q for the quarter ended September 30, 2026, as well as subsequent Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by law, we are not obligated to, and do not undertake to, publicly release any revisions to these forward-looking statements to reflect any events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Non-GAAP Financial Measures
This release contains certain financial information determined by methods other than in accordance with U.S. Generally Accepted Accounting Principles (GAAP), including (1) Non-GAAP diluted earnings per share (net earnings or loss, as adjusted for special items (as defined below), net of taxes, divided by the number of shares of our common stock on a fully diluted basis) and (2) Adjusted EBITDA (net earnings before interest, taxes, stock-based compensation, depreciation and amortization, as adjusted for special items) on a consolidated and segment basis., (3) Free Cash Flow (net cash provided by operating activities less capital expenditures and net originations and collections of customer cash advances) and (4) Net Leverage Ratio (outstanding debt less cash and cash equivalents divided by trailing twelve months Adjusted EBITDA). “Special items” refers to certain gains and charges we view as extraordinary, unusual or non-recurring in nature or which we believe do not reflect our core business activities, and, for historical items, are reported as Other Gains and Charges in our Consolidated Statements of Operations. Because of the inherent uncertainty related to these special items, management does not believe it is able to provide a meaningful forecast of the comparable GAAP measures or reconciliation to any forecasted non-GAAP measures without unreasonable effort.
These non-GAAP measures are additional tools intended to assist our management in comparing our performance on a more consistent basis for purposes of business decision-making by removing the impact of certain items management believes do not directly reflect our core operations. These measures are intended to assist management in evaluating operating performance and liquidity, comparing performance and liquidity across periods, planning and forecasting future business operations, helping
determine levels of operating and capital investments and identifying and assessing additional trends potentially impacting our Company that may not be shown solely by comparisons of GAAP measures. Consolidated Adjusted EBITDA is also used as part of our incentive compensation program for our executive officers and others.
We believe these non-GAAP financial measures also provide supplemental information that is useful to investors, analysts and other external users of our consolidated financial statements in understanding our financial results and evaluating our performance and liquidity from period to period. However, non-GAAP financial measures have inherent limitations and are not substitutes for, or superior to, GAAP financial measures, and they should be read together with our consolidated financial statements prepared in accordance with GAAP. Further, because non-GAAP financial measures are not standardized, it may not be possible to compare such measures to the non-GAAP financial measures presented by other companies, even if they have the same or similar names.
Upbound Investor Relations:
investor.relations@upbound.com
972-624-6571
Upbound Group, Inc. Earnings Release October 29, 2026 Third Quarter 2026 Results & Key Metrics $1,146M $34M $123M $0.58 $1.01 $120M Total Revenue Adjusted EBITDA1 GAAP Diluted EPS Non-GAAP Free Cash Flow Net Earnings Diluted EPS1 Brigit Delivers Approximately 37% Topline Growth, Acima Expanded EBITDA Margin 270 bps, Rent-A-Center Achieves Fourth Consecutive Quarter of Positive Same-Store Sales Affirming Full Year EBITDA and EPS Guidance; Third Quarter Results Meet or Exceed All Guided Ranges Third Quarter Consolidated Results CEO Commentary "Our third quarter results demonstrate the resiliency of our business model and the strength of our disciplined underwriting strategy, in the midst of a difficult operating environment. Revenue came in at the high end of our outlook, while both Adjusted EBITDA and non-GAAP diluted EPS exceeded our expectations. Free cash flow more than doubled year over year, enabling us to further reduce leverage as we build for the future,” said CEO Fahmi Karam. • Consolidated revenue of $1,146.2 million decreased $18.5 million, or 1.6%, year-over-year. • GAAP operating profit of $71.2 million and non-GAAP operating profit1 of $103.7 million, compared to $52.8 million of GAAP operating profit and $106.1 million of non-GAAP operating profit in the prior year period. Third quarter 2026 GAAP operating profit margin was 6.2%, compared to 4.5% in the prior year period. • Net earnings on a GAAP basis of $34.3 million, compared to $13.2 million in the prior year period, a $21.1 million increase. Net profit margin of 3.0% increased 185 basis points year-over- year. “We are pleased with the progress across all three brands. Brigit delivered strong revenue growth while expanding its paying user base. At Acima, our prudent underwriting approach lowered lease charge-offs and drove strong growth in Adjusted EBITDA, along with • Adjusted EBITDA1 decreased 0.1% year-over-year to $123.4 million. meaningful margin expansion. We also reached an agreement establishing Acima as the • Adjusted EBITDA margin1 of 10.8% increased 16 basis points compared to the prior year period. preferred lease-to-own solution in approximately 5,000 Boost Mobile stores, expanding our presence in the wireless category. And Rent-A- Center achieved its fourth consecutive quarter of same- store sales growth,” added Mr. Karam. • GAAP diluted earnings per share was $0.58, compared to GAAP diluted earnings per share of $0.22 in the prior year period. • Non-GAAP diluted earnings per share1, which excludes the impact of special items described at the end of this release, was $1.01 for the third quarter of 2026, compared to $1.00 in the prior year period. “As we look ahead to 2027, we have the right leadership team in place, with the addition of Scott Young as Chief Operating Officer and Dev Chakraborty leading Brigit. Together, we are building Acima, Brigit, and Rent-A-Center into one connected enterprise, with shared data and capabilities serving an overlapping customer base. With improving profitability and a stronger balance sheet, we are well positioned to invest in our highest-return opportunities and create long- term value for shareholders,” concluded Mr. Karam. • Acima charge-off performance improved, with the LCO rate declining 104 basis points year over year, while the Rent-A- Center LCO rate increased 75 basis points and the Brigit advance loss rate rose 111 basis points to 4.4%. • Quarterly dividend per share of $0.39, or $1.56 annualized. 1 (1)Non-GAAP financial measure. Refer to definitions and reconciliations elsewhere in this release.
Third Quarter Segment Highlights • Paying subscribers increased 395k, an increase of 27.4%, y/y and 7.0% compared to the second quarter. Total Revenue Paying Subscribers $78.8M +36.6% y/y 1.84M +27.4% y/y • Average monthly revenue per user (ARPU) increased 4.7% y/y, driven by increased shift towards Brigit's Premium subscription tier, deeper engagement with marketplace offers, and higher expedited transfer revenue. Net Advance Loss Rate ARPU • Net advance loss rate increased 111 bps year over year and 74 bps sequentially, as strong portfolio growth was accompanied by a challenging macroeconomic environment. 4.4% +111 bps y/y $14.39 +4.7% y/y • Net earnings of $8.9M with a net profit margin of 11.2%, and Adjusted EBITDA1 of $14.7M with an Adjusted EBITDA margin1 of 18.7%. • Revenue of $584.7M decreased approximately 6.5% y/y. • GMV decreased approximately 11.0% y/y in the third quarter. Total Revenue Net Earnings $584.7M -6.5% y/y $74.7M +17.3% y/y • Lease charge-off rate decreased 104 bps year over year and 12 bps sequentially, driven by continued disciplined underwriting and strong portfolio performance. LCO Rate Adjusted EBITDA1 8.7% -104 bps y/y $86.0M +14.7% y/y • Net earnings margin was 12.8%, an increase of 259 bps from the prior year period, and Adjusted EBITDA margin1 was 14.7%, an increase of 272 bps y/y. • Company-owned same store sales increased 1.8% y/y, while consolidated segment revenue of $459.0M decreased approximately 0.4% y/y. Total Revenue Net Earnings $459.0M $55.6M -0.4% y/y -1.4% y/y • Lease charge-offs for company-owned Rent-A-Center stores were 5.4%, increasing 75 bps y/y. • Net earnings of $55.6M and Adjusted EBITDA1 of $66.3M decreased 1.4% and 11.3% y/y, respectively. LCO Rate 5.4% Adjusted EBITDA1 $66.3M -11.3% y/y +75 bps y/y Note: Definitions of certain key performance metrics are available on page five of this release. (1) Non-GAAP financial measure. Refer to definitions and reconciliations elsewhere in this release. 2
Full Year and Q4 2026 Guidance CFO Commentary “Third quarter results represented another strong quarter for Upbound, with all guided metrics at or above the high end of our expectations,” said CFO Hal Khouri. The Company narrows FY 2026 guidance on all metrics, while increasing the midpoint of it's Non-GAAP diluted EPS, and providing guidance for Q4 2026 “Brigit delivered revenue growth of 36.6% and increased paying users 27%, while expanding Adjusted EBITDA margin to 18.7%. Acima Adjusted EBITDA grew 14.7% year over year, with margin expanding approximately 270 basis points as lease charge-offs improved by more than 100 basis points. Rent-A-Center delivered its fourth consecutive quarter of same-store sales growth, up 1.8%, with Adjusted EBITDA up 4.9% from the second quarter.” Table 1 Consolidated Guidance1,2 Full Year 2026 Fourth Quarter 2026 Revenues ($B) $4.68 - $4.78 $1.15 - $1.25 Adj. EBITDA Excluding SBC ($M)3 Non-GAAP Diluted Earnings Per Share3 $510 - $525 $125 - $135 $4.15 - $4.30 $1.00 - $1.10 “Free cash flow of approximately $121 million brought our year-to-date total to approximately $340 million, and we continue to expect full-year free cash flow of at least $250 million, inclusive of estimated legal payments. We repaid approximately $77 million of debt in the quarter, reducing net leverage to 2.4x from 2.6x last quarter. Quarter-end liquidity was approximately $576 million.” 1. Consolidated includes Acima, Brigit, Rent-A-Center, Mexico, and Corporate Segments. 2. Due to the inherent uncertainty related to the special items identified in the tables below, management does not believe it is able to provide a meaningful forecast of the comparable GAAP measures or reconciliation to any forecasted GAAP measure without unreasonable effort. The actual amount of these items during 2026 may have a significant impact on our future GAAP results. 3. Non-GAAP financial measure. See descriptions below in this release. “We continue to prioritize disciplined deleveraging while funding our dividend and investing in technology and data capabilities. Given our strong cash flow generation and confidence in our strategic plan, we intend to repurchase up to $50 million of our common stock under our existing share repurchase program, originally authorized by the Board of Directors in December 2021, with the timing and amount of any repurchases to be determined by management based on market conditions, share price, capital needs and other factors,” concluded Mr. Khouri. Conference Call and Webcast Information Upbound Group, Inc. will host a conference call to discuss third quarter 2026 results, guidance and other operational matters on the morning of Thursday, October 29, 2026, at 9:00 a.m. ET. For a live webcast of the call, visit https://investor.upbound.com. Certain financial and other statistical information that will be discussed during the conference call will also be provided on the same website. 3
Financial Highlights Key Metrics Table 2 M20 e 2tr5ic on s (l$y)'s(5 M )Cilaliosnhs A - d evxa c n e c p e t Vpoelr u s mhear ( e 6)a$n4d0 A 4 R .9 P $ U21) 8Q.41$ 2 4 0 0 2 4 6.7Q P 1 a 2y0in 2 g 5U Q s 4 er2 s 0(72)5 1,5 C o 5 n 8s,o4l5id 1 a 1te,2 d 3 R 0 e ,1v5e8n1u,e55$01,7,2 1 1 8 9 A.7R $ P1U,1(87)6.$ 4 1 $ 41.4,119$61.24.R88 e $v1e4n.u 1 e 5RYe/Yve%nu C e h $ a 6 n 7 g . e 7$ 3 3 .7 1 % .97$.6 3 4 % .6 1 G0A.9 A % PG O A p AePratOin p g ePrartoinfigt/GPAroAfiP t $ N 7 e 7 t .4 E $ a 6r2n.in6g$s57$.128N.e6t$E8.a 8$ r n 6 in.8gNs et $ 3 P5r.8o$fit2M4.a8r$ g 1in92.7 7.4 N e % t P2r7o.7fit%M1a0r.g5i% n 2 A.d9j% . E2B.1I%TD1A.7%(1) A $ d 2j.2E.9 B $ I 1 T 1 D.4A$(1 1 1).1$A13d6j..1E $ B 1IT26D.A1$M12a5rg.9inA(d1j.)3 E 3 B .9IT % D 3 A 5. M 9%ar 17 g in.2 ( % 1)1 N 1 e.2t %Ad 1 v 0 a.7n%ce1L0o.5 s % s Ra G A teAP(9)O 3 p.e5r%ati2 n . g 4%Ex 3. p e 5 n %sResenats-A % -C o efnTteorta S l eR g e mveennut eL4e1a.s 7 e % P 4 o 1 r . t 4 fo % lio44-.3M%on G th A lyAVPa D luileut (a e d s EoPf pSe$ri0o.d61e$n0d.) 4 ( 2 1 $ 0 0).$3143N 1 o.n4-$G1A29A . P9$ D 1i3lu7t.e 4 d SEamPSe (S1t)o$re1.L 0 e 8 a $ s 1 e.0 P 0 o $ r 1tf.o0l1io O Vna-Rlu e e n(tYR/Yen % talCMhearn c g h e an- d aisseo,fNpeetri$od1,e 0 n 9 d 9).1(1 $ 1 1),10.5 4% 6 .6($31.2,2)%02 0 .3.7 N %etS C a a mshe PSrtoorv e idSeadlebsy (O Y p /Yer%atinC g haA n c g tiev)iti( e 1 s 2)$107.4 0 % .7$(2 1 . 4 0 8)%.0$ 0 4.81%.6FRreeeve C n a u s e h$ F 4l8o1w.6($14) 8$91.3 0 5 $.497$91.2 9 7 R.2e$v1e3n.u 5 e AYci/mYa % SCeghman e g n et G(1 M .5 V )%(2 ( ) 4 $ .9 4 ) 2 %7—.1$%45 GA 4 .1 A $ P54 Op 9 .8 e G ra M tinVg(YP/rYofi%t/G C A h A a Png N e e)t(2E ) a(r5n.i9n)g % s $ 8 6 .8 2 % .3$ 0 6.46%.4$ R 6 e 3 v.7eNnueet P$r6 o 4fi8t.M7$ a 6rg3i7n.132$.6 9 3 %11.0 3.6 R e % ve 1 n 3 u.3e%Y/ A Y d % j. E C B hIaT n D g A e ( 1 1.)8$% 6 1 7 3.4.5 $72 % 8 .1.6 $ % 69G.2 A A AdPj. E O B p I e T r DatAinMg aP r r g oifnit/(G1)A 1 A4P.0%Ne1t4E.7 a % rn1in4g.4 s % $7 O 7 n.3-R$7e3n.t7R$ en 7 5t.a6lNMeet rP c r h o afin t dis M a er,gNine1t1$.9 450 % 1 . 1 8 . $ 6 3 %9162.6.0$%46A5.d1jL. eE a B sIeT-D C A ha(1rg)e$8O8f.f6R$a8t5e.0(3$)864..97A%d4j..E6%BIT4D.9 A % M 3 a 0 r + giDna(y1)P1a3s.7t%D1u3e.3R % at 1 e 3 (.183%) 3O.6n%-Re 3.3 n t %Re 3 n.3ta % l M C e orrc po h a r n a d teisOe, wn N e e t d $ S6t2 o 3r.e0$C 6 o 3 u 8 n.t8($ U 7 . 1 S 0..&8LPeRas - eaCsh o afrpgeer-iOodff eR n a dte)1(,37)2081.8,7%2581.9,7%10.1% 60+ Day Past Due Rate (4)12.8%12.9%13.0%Brigit Segment (Q1 2025 figures represent February and March 2 2 *Please see footnotes on page 5. 4
Financial Highlights (continued) (1) Non-GAAP financial measure. Refer to the explanations and reconciliations elsewhere in this release. (2) Gross Merchandise Volume (GMV): The Company defines Gross Merchandise Volume as the retail value in U.S. dollars of merchandise acquired by the Acima segment that is leased to customers through a transaction that occurs within a defined period, net of estimated cancellations as of the measurement date. (3) Lease Charge-Offs (LCOs): Represents charge-offs of the net book value of unrecoverable on-rent merchandise with lease-to-own customers who are past due. This is typically expressed as a percentage of revenues for the applicable period. For the Rent-A-Center segment, LCOs exclude Get It Now, Home Choice, and Franchise- owned Rent-A-Center locations. For the Acima segment, LCOs exclude fraudulent lease-to-own contract losses. (4) 60+ Day Past Due Rate: Defined as the average number of accounts 60+ days past due as a % of total open leases. (5) Cash Advance Volume: Defined as total advance originations during the period. (6) Brigit Paying Users: Represents Brigit customers who have an active Plus or Premium account, not delinquent (not 45 days past due) on a cash advance, and made at least 1 of the last 2 subscription payments. (7) ARPU: Average monthly revenue per Brigit Paying User, where Brigit Paying User is defined as in footnote 6 above. (8) Net Advance Loss: Represents charge-offs of Brigit uncollectible cash advances that are 45+ days past due as a percentage of total cash advances originated in the period. (9) Lease Portfolio Value: Represents the aggregate dollar value of the expected monthly rental income associated with current active lease agreements from our Company- owned Rent-A-Center lease-to-own stores and e-commerce platform at the end of any given period. (10) Same Store Average Portfolio Value: Represents the aggregate dollar value of the expected monthly rental income associated with current active lease agreements from our Company-owned Rent-A-Center lease-to-own stores that were operated by us for 13 months or more at the end of any given period divided by the number of such stores. The Company excludes from the same store base any store that receives a certain level of customer accounts from closed stores or acquisitions. The receiving store will be eligible for inclusion in the same store base in the 30th full month following account transfer. (11) Same Store Sales (SSS): Same store sales generally represents revenue earned in Company-owned Rent-A-Center stores that were operated by us for 13 months or more and are reported on a constant currency basis as a percentage of total revenue earned in stores of the segment during the indicated period. The Company excludes from the same store sales base any store that receives a certain level of customer accounts from closed stores or acquisitions. The receiving store will be eligible for inclusion in the same store sales base in the 30th full month following account transfer. (12) 30+ Day Past Due Rate: Defined as the average number of accounts 30+ days past due as a % of total open leases for our Company-owned Rent-A-Center locations. 5
About Upbound Group, Inc. Upbound Group, Inc. (NASDAQ: UPBD), is a technology and data-driven leader in accessible and inclusive financial solutions that address the evolving needs and aspirations of underserved consumers. The Company’s customer-facing operating units include industry-leading brands such as Acima®, Brigit™, and Rent-A-Center® that facilitate consumer transactions across a wide range of store-based and digital channels in the United States, Mexico and Puerto Rico. Upbound Group, Inc. is headquartered in Plano, Texas. For additional information about the Company, please visit our website Upbound.com. Investor Contact Investor.relations@upbound.com 972-801-1103 6
Forward Looking Statements This press release, and the guidance above and the Company's related conference call contain forward-looking statements that involve risks and uncertainties. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward- looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "could," "estimate," "predict," "continue," "maintain," "should," "anticipate," "believe," or “confident,” or the negative thereof or variations thereon or similar terminology and including, among others, statements concerning (i) the Company's guidance for 2026 and future outlook, (ii) the impact of ongoing challenging macroeconomic conditions on the Company's business operations, financial performance, and prospects, (iii) the future business prospects and financial performance of the Company as a whole and the Company’s segments, (iv) the Company’s growth strategies, (v) the Company's expectations, plans and strategy relating to its capital structure and capital allocation, including any share repurchases under the Company's share repurchase program, (vi) the potential impact of legal proceedings, governmental inquiries and investigations the Company is involved in, and (vii) other statements that are not historical facts. However, there can be no assurance that such expectations will occur. The Company's actual future performance could differ materially and adversely from such statements. Factors that could cause or contribute to these differences include, but are not limited to: (1) difficulties encountered in managing the financial and operational performance of the Company's multiple business segments; (2) risks associated with pricing, value proposition and other changes to the Company’s consumer offerings and strategies being deployed in the Company's businesses; (3) the Company's ability to continue to effectively execute its strategic initiatives, including mitigating risks associated with any potential additional mergers and acquisitions, or lease-to-own refranchising opportunities; (4) the Company’s ability to effectively provide consumers with additional products and services beyond lease-to-own and products and services currently offered by the Company’s Brigit segment, including through third-party partnerships; (5) the possibility that costs, difficulties or disruptions related to the integration of Brigit operations into the Company’s other operations will be greater than expected; (6) the possibility that the anticipated benefits from the Brigit acquisition may not be fully realized or may take longer to realize than expected; (7) the general strength of the economy and other economic conditions affecting consumer preferences, spending and payment behaviors, including the availability of credit to the Company's target consumers and to other consumers, impacts from continued or renewed inflation, central bank monetary policy initiatives to address inflation concerns and a possible recession or slowdown in economic growth; (8) failure to effectively manage the Company's operating labor and non-labor operating expenses, including failure to effectively optimize our proprietary algorithms and customer decisioning tools to limit merchandise losses for our lease-to-own offerings; (9) the Company's ability to retain the revenue associated with acquired lease-to-own customer accounts and enhance the performance of acquired stores; (10) factors affecting the disposable income available to the Company's current and potential customers; (11) changes in the unemployment rate; (12) capital market conditions, including changes in interest rates and availability of funding sources for the Company; (13) changes in the Company's credit ratings; (14) the Company's ability to identify potential acquisition candidates, complete acquisitions and successfully integrate acquired companies; (15) disruptions caused by the operation of the Company's information management systems or disruptions in the systems of the Company's third-party retailers or other third parties with whom the Company does business; (16) risks related to the Company's virtual lease-to-own business, including the Company's ability to continue to develop and successfully implement the necessary technologies; (17) the Company's ability to achieve the benefits expected from its integrated virtual and staffed third- party retailer offering and to successfully grow this business segment; (18) exposure to potential operating margin degradation due to the higher cost of merchandise and higher merchandise losses in the Company's Acima segment compared to our Rent-A-Center segment; (19) additional risks associated with the Company’s Brigit segment and its consumer products and services, including managing losses, regulatory, licensing and other compliance risks, risks associated with the Company’s Brigit segment’s reliance on regulated banks and on providers of third-party data and technology and other third-party service providers; and other new risks for our Company; (20) the Company’s ability to (i) effectively adjust to changes in the composition of its offerings and product mix as a result of acquiring Brigit and continue to maintain the quality of existing offerings and (ii) successfully introduce other new product or service offerings on a timely and cost-effective basis; (21) changes in the Company’s future cash requirements as a result of the Brigit acquisition, whether caused by unanticipated increases in capital expenditures or working capital needs, unanticipated liabilities or otherwise; (22) litigation or administrative proceedings to which the Company is or may be a party to from time to time and changes in estimates relating to litigation reserves including, in each case in connection with the regulatory and litigation matters described in the Company’s most recent Form 10-K or Form 10-Q; (23) the Company’s compliance with applicable statutes and regulations governing the Company’s businesses, impacts from the enforcement of existing laws and regulations and the enactment of new laws and regulations adversely affecting the Company’s business, and any legislative or other regulatory enforcement efforts or private party litigation or arbitration that seeks to re-characterize store-based or virtual lease-to-own transactions as credit sales and to apply consumer credit laws and regulations to the Company’s lease-to-own business or to apply consumer credit laws to the Company’s Brigit segment’s non-credit consumer offerings, in each case including in connection with, but not limited to, the regulatory matters described in the Company's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q; (24) the Company's transition to more readily scalable “cloud-based” solutions; (25) the Company's ability to continue to enhance digital or e-commerce capabilities, including mobile applications; (26) the Company's ability to protect its proprietary intellectual property and to defend against allegations by third parties that any of the Company’s products, services or business activities may infringe against their intellectual property rights; (27) risks from development, deployment and governance of artificial intelligence (“AI”) and adjacent technologies, including technical failures or inaccuracies, rapid adoption by our competitors, and evolving regulatory requirements that may restrict certain AI uses or increase compliance costs; (28) the Company's ability or that of the Company's third-party retailers or other third parties with whom the Company does business to protect the integrity and security of customer, employee, supplier and third-party retailer or other third party information, from adverse effects of hacking, computer viruses, cybersecurity attacks or similar disruptions; (29) impairment of the Company's goodwill or other intangible assets; (30) disruptions in the Company's supply chain; (31) limitations of, or disruptions in, the Company's distribution network; (32) rapid inflation or deflation in the prices of the Company's lease-to-own products and other related costs; (33) allegations of product safety and quality control issues, including recalls of goods the Company leases to customers; (34) the Company's ability to execute, as well as the effectiveness of, lease-to-own store consolidations, including the Company's ability to retain the revenue from customer accounts merged into another store location as a result of a store consolidation; (35) the Company's available cash flow and its ability to generate sufficient cash flow to continue to fund the operations of its business; (36) increased competition from traditional competitors, virtual lease-to-own competitors, online retailers, Buy-Now-Pay-Later, earned wage access and financial health technology competitors and other fintech companies and other competitors, including subprime lenders; (37) the Company's ability to identify and successfully market products and services that appeal to its current and future targeted customer segments and to accurately estimate the size of the total addressable market; (38) consumer preferences and perceptions of the Company's brands; (39) the Company's ability to enter into new rental or lease purchase agreements and collect on existing rental or lease purchase agreements; (40) ongoing changes in tariff policies, including impacts from tariffs proposed or imposed by the current U.S. Presidential Administration on the price of imported goods, or consumer prices overall or other financial impacts of such tariffs or proposed or imposed retaliatory tariffs enacted by U.S. trading partners on the Company’s costs or target consumers; (41) adverse changes in the economic conditions of the industries, countries or markets that the Company serves; (42) information technology and data security costs; (43) the impact of breaches in data security or other disturbances to the Company's information technology and other networks; (44) changes in estimates relating to self-insurance liabilities and income tax reserves; (45) changes in the Company's effective tax rate; (46) fluctuations in foreign currency exchange rates; (47) the Company's ability to maintain an effective system of internal controls; and (48) the other risks detailed from time to time in the Company's SEC reports, including but not limited to, its most recent Annual Report on Form 10-K, and in its subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as required by law, the Company is not obligated to publicly release any revisions to these forward-looking statements to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. 7
Upbound Group, Inc. and Subsidiaries CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED Table 3 TBhrirgeiteM M e o x n icthos T EontadlerdevMenaurc e h s3 $ 1$, 2 6 0 4 2 8 6,6 2 9 0 0 2458 ( 1 in,6t0h5ou 67 s a,n67d0s,2 e 1 x , c 7 e 6 p 4 t 1, p e 2 r 1 s 9 h ,7 a 2 re 9 d $ a $ ta6)3 R 7 e ,2v8e7nu 48 e s 9R,0 e 2 n 5 ta 3 l 1s,8a6n1d 1fe 8 e,1s9 $ 09 1 1,61,7 4 6 2,536 $ 3899,212 Merchandise sales Subscriptions and fees Other 230,206 67,670 236,245 31,861 5,428 9,045 Total revenues 1,219,729 1,176,363 Cost of revenues Cost of rentals and fees Cost of merchandise sold Cost of subscriptions and fees Total cost of revenues Gross profit 357,627 267,892 7,748 633,267 586,462 352,546 269,682 4,006 626,234 550,129 Operating expenses Operating labor 149,110 250,262 57,090 14,139 38,423 509,024 77,438 26,881 (714) 149,167 219,011 63,787 12,252 43,297 487,514 62,615 27,798 (694) Non-labor operating expenses General and administrative expenses Depreciation and amortization Other gains and charges Total operating expenses Operating profit Interest expense Interest income Earnings before income taxes Income tax expense Net earnings 51,271 15,482 35,789 35,511 10,718 24,793 $ $ $ $ $ $ Basic weighted average shares Basic earnings per common share Diluted weighted average shares Diluted earnings per common share 57,534 0.62 55,945 0.44 58,846 0.61 58,358 0.42 REVENUES BY SEGMENT Acima Rent-A-Center 8
Upbound Group, Inc. and Subsidiaries SELECTED BALANCE SHEETS HIGHLIGHTS - UNAUDITED Table 4 March 31, (in thousands) 2026 2025 Cash and cash equivalents Receivables, net Prepaid expenses and other assets Rental merchandise, net On rent Held for rent Operating lease right-of-use assets Goodwill Total assets Operating lease liabilities Senior debt, net Senior notes, net Total liabilities $ 98,412 195,379 143,129 $ 107,325 184,826 50,810 1,099,059 127,657 275,730 488,158 3,128,117 288,513 995,249 444,339 2,412,385 715,732 1,056,606 116,275 269,291 488,374 3,043,130 275,896 1,090,181 442,374 2,363,917 679,213 $ $ Total stockholders’ equity 9
Non-GAAP Financial Measures This release and the Company's related conference call contain certain financial information determined by methods other than in accordance with U.S. Generally Accepted Accounting Principles (GAAP), including (1) Non-GAAP diluted earnings per share (net earnings or loss, as adjusted for special items (as defined below), net of taxes, divided by the number of shares of our common stock on a fully diluted basis), (2) Non-GAAP operating profit (operating profit, adjusted for special items), (3) Adjusted EBITDA (net earnings before interest, taxes, stock-based compensation, depreciation and amortization, as adjusted for special items) on a consolidated and segment basis, (4) Adjusted EBITDA margin (Adjusted EBITDA divided by total revenue) on a consolidated and segment basis, (5) Free Cash Flow (net cash provided by operating activities less capital expenditures and net originations and collections of customer cash advances), and (6) Net Leverage Ratio (outstanding debt less cash and cash equivalents divided by trailing twelve months Adjusted EBITDA). “Special items” refers to certain gains and charges we view as extraordinary, unusual or non-recurring in nature or which we believe do not reflect our core business activities. Special items are reported as Other Gains and Charges in our Consolidated Statements of Operations. For the periods presented herein, these special items are described in the quantitative reconciliation tables included below in this release. Because of the inherent uncertainty related to these special items, management does not believe it is able to provide a meaningful forecast of the comparable GAAP measures or reconciliation to any forecasted GAAP measure without unreasonable effort. These non-GAAP measures are additional tools intended to assist our management in comparing our performance on a more consistent basis for purposes of business decision- making by removing the impact of certain items management believes do not directly reflect our core operations. These measures are intended to assist management in evaluating operating performance and liquidity, comparing performance and liquidity across periods, planning and forecasting future business operations, helping determine levels of operating and capital investments and identifying and assessing additional trends potentially impacting our Company that may not be shown solely by comparisons of GAAP measures. Consolidated Adjusted EBITDA is also used as part of our incentive compensation program for our executive officers and others. We believe these non-GAAP financial measures also provide supplemental information that is useful to investors, analysts and other external users of our consolidated financial statements in understanding our financial results and evaluating our performance and liquidity from period to period. However, non-GAAP financial measures have inherent limitations and are not substitutes for, or superior to, GAAP financial measures, and they should be read together with our consolidated financial statements prepared in accordance with GAAP. Further, because non-GAAP financial measures are not standardized, it may not be possible to compare such measures to the non-GAAP financial measures presented by other companies, even if they have the same or similar names. 10
Reconciliation of Operating Profit to Non-GAAP Operating Profit, Net Earnings to Net Earnings Excluding Special Items and Non- GAAP Diluted Earnings Per Share Table 5 (1) Special items are reported as Other Gains and Charges in the Company’s Consolidated Statements of Operations included in Table 3 of this earnings release. (2) Includes amortization expense of approximately $10.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $4.0 million related to the fair value of acquired software assets. (3) Includes amortization expense of approximately $3.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $2.3 million related to the fair value of acquired software assets. (4) Includes $4.8 million in lease impairment charges and $1.1 million in other miscellaneous shutdown and holding costs related to 69 Rent-A-Center closed stores. (5) Includes amortization expense for Brigit replacement awards and other compensation related to the Brigit acquisition. 11
Reconciliation of Operating Profit to Non-GAAP Operating Profit, Net Earnings to Net Earnings Excluding Special Items and Non-GAAP Diluted Earnings Per Share Table 6 (1) Special items are reported as Other Gains and Charges in the Company’s Consolidated Statements of Operations included in Table 3 of our earnings release for the three months ended June 30, 2026. (2) Includes amortization expense of approximately $10.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $3.9 million related to the fair value of acquired software assets. (3) Includes fraudulent lease-to-own contract losses related to cybersecurity incidents within our Acima segment as disclosed in our Form 8-K filed on July 22, 2026. (4) Represents stock compensation expense related to common stock issued to Brigit employees under restricted stock agreements as part of the acquisition proceeds subject to vesting restrictions. (5) Includes amortization expense of approximately $3.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $2.4 million related to the fair value of acquired software assets. (6) Includes amortization expense for Brigit replacement awards and other compensation related to the Brigit acquisition. (7) Includes $1.7 million in disposal of fixed assets, $1.6 million in lease impairment charges and $0.7 million in other miscellaneous shutdown and holding costs related to 69 Rent-A-Center closed stores. (8) Includes net expenses of $(1.5) million related to estimated legal accruals and $0.45 million in litigation and defense expenses. Three Months Ended December 31, 2025(in thousands) "Gross Profit Operating Profit Earnings Before Income Tax Tax Expense Net Earnings Diluted Earnings per Share GAAP Results $586,679$57,245$29,861$10,118$19,743$0.34 Plus: Special Items(1)Legal matters(2)—20,66620,6664,93015,7360.26Acima acquired assets depreciation and amortization(3)—14,90014,9003,55411,3460.19Brigit acquired assets depreciation and amortization(4)—6,2166,2161,4834,7330.08Brigit equity consideration vesting(5)—4,4324,432—4,4320.08Brigit replacement awards and other compensation(6)—3,7463,7466733,0730.05Asset impairment(7)—1,1741,1742808940.02Brigit transaction costs—2525619— Other—(1,068)(1,068)(255)(813)(0.01)Non-GAAP Adjusted Results $586,679$107,336$79,952$20,789$59,163$1.01 12
Reconciliation of Operating Profit and Non-GAAP Operating Profit, Net Earnings to Net Earnings Excluding Special Items and Non- GAAP Diluted Earnings Per Share Table 7 (1) Special items are reported as Other Gains and Charges in the Company’s Consolidated Statements of Operations included in Table 3 of our earnings release for the three months ended September 30, 2025. (2) Includes amortization expense of approximately $10.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $4.0 million related to the fair value of acquired software assets. (3) Includes expenses of $8.9 million related to estimated legal accruals and $3.8 million in litigation and defense expenses primarily related to our Multi- State Attorneys’ General regulatory investigation, the settlement of a patent infringement lawsuit, and our current regulatory lawsuit with the New York Attorney General. (4) Primarily includes lease impairment related to the closure of certain refranchised stores. (5) Includes amortization expense of approximately $3.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $2.3 million related to the fair value of acquired software assets. (6) Represents stock compensation expense related to common stock issued to Brigit employees under restricted stock agreements as part of the acquisition proceeds subject to vesting restrictions. (7) Includes amortization expense for Brigit replacement awards and other compensation related to the Brigit acquisition. (8) Primarily includes interest income on tax refunds for prior years received in 2025 and shutdown and holding costs related to store closures and severance. Three Months Ended March 31, 2025(in thousands) Gross Profit Operating Profit Earnings Before Income Tax Tax Expense Net Earnings Diluted Earnings per Share GAAP Results $550,129$62,615$35,511$10,718$24,793$0.42 Plus: Special Items(1)Acima acquired assets depreciation and amortization(2)—14,90014,9004,16610,7340.18Legal matters(3)—10,64510,6452,9777,6680.14Brigit transaction costs—6,2186,2186965,5220.10Brigit equity consideration vesting(4)—4,0594,059—4,0590.07Brigit acquired assets depreciation and amortization(5)—4,1444,1441,1592,9850.05Accelerated stock compensation(6)—1,5991,5994481,1510.02Brigit replacement awards and other compensation(7)—1,0951,0953067890.01Other—6376371784590.01Discrete income tax items———15(15)— Non-GAAP Adjusted Results $550,129$105,912$78,808$20,663$58,145$1.00 13
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Table 8 (1) Special items are reported as Other Gains and Charges in the Company’s Consolidated Statements of Operations included in Table 3 of this earnings release. (2) Includes amortization expense of approximately $10.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $4.0 million related to the fair value of acquired software assets. (3) Includes amortization expense of approximately $3.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $2.3 million related to the fair value of acquired software assets. (4) Includes $4.8 million in lease impairment charges and $1.1 million in other miscellaneous shutdown and holding costs related to 69 Rent-A-Center closed stores. (5) Includes amortization expense for Brigit replacement awards and other compensation related to the Brigit acquisition. Three Months Ended March 31, 2026(in thousands) Acima Rent-A-Center Brigit Mexico Corporate Consolidated Net earnings (loss) $77,266$62,276$18,563$(92) $(122,224) $35,789 Plus: Interest expense, net————26,16726,167 Plus: Income tax expense————15,48215,482 Operating profit (loss)77,26662,27618,563(92)(80,575)77,438 Plus: Depreciation and amortization4045,010266338,06614,139 Plus: Stock-based compensation————6,0596,059 Plus: Special Items(1)Acima acquired assets depreciation and amortization(2)10,972———3,97214,944 Brigit acquired assets depreciation and amortization(3)——3,891—2,3256,216 Brigit replacement awards and other compensation(4)——440—5,0555,495 Brigit equity consideration vesting(5)————4,7164,716 Legal matters(6)————4,0534,053 Labor reduction costs—320——1,3391,659 Asset impairment and disposal————1,5051,505 Other—(205)——40(165)Adjusted EBITDA $88,642$67,401$22,920$541$(43,445) $136,059 14
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Table 9 (1) Special items are reported as Other Gains and Charges in the Company’s Consolidated Statements of Operations included in Table 3 of our earnings release for the three months ended June 30, 2026. (2) Includes amortization expense of approximately $10.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $3.9 million related to the fair value of acquired software assets. (3) Includes fraudulent lease-to-own contract losses related to cybersecurity incidents within our Acima segment as disclosed in our Form 8-K filed on July 22, 2026. (4) Represents stock compensation expense related to common stock issued to Brigit employees under restricted stock agreements as part of the acquisition proceeds subject to vesting restrictions. (5) Includes amortization expense of approximately $3.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $2.4 million related to the fair value of acquired software assets. (6) Includes amortization expense for Brigit replacement awards and other compensation related to the Brigit acquisition. (7) Includes $1.7 million in disposal of fixed assets, $1.6 million in lease impairment charges and $0.7 million in other miscellaneous shutdown and holding costs related to 69 Rent-A-Center closed stores. (8) Includes net expenses of $(1.5) million related to estimated legal accruals and $0.45 million in litigation and defense expenses. 15
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Table 10 (1) Special items are reported as Other Gains and Charges in the Company’s Consolidated Statements of Operations included in Table 4 of our earnings release for the three months ended March 31, 2026. (2) Includes amortization expense of approximately $11.0 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $4.0 million related to the fair value of acquired software assets. (3) Includes amortization expense of approximately $3.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $2.3 million related to the fair value of acquired software assets. (4) Includes amortization expense for Brigit replacement awards and other compensation related to the Brigit acquisition. (5) Represents stock compensation expense related to common stock issued to Brigit employees under restricted stock agreements as part of the acquisition proceeds subject to vesting restrictions. (6) Includes expenses of $3.5 million related to estimated legal accruals and $0.5 million in litigation and defense expenses. Three Months Ended September 30, 2025(in thousands) Acima Rent-A-Center Brigit Mexico Corporate Consolidated Net earnings (loss) $63,687$56,420$4,569$1,314$(112,769) $13,221 Plus: Interest expense, net————27,98927,989 Plus: Income tax expense————6,6496,649 Plus: Debt refinancing charges————4,8944,894 Operating profit (loss)63,68756,4204,5691,314(73,237)52,753 Plus: Depreciation and amortization3865,223205496,72212,900 Plus: Stock-based compensation————4,5374,537 Plus: Special Items(1)Acima acquired assets depreciation and amortization(2)10,929———3,97114,900 Legal matters(3)————12,61212,612 Asset impairment(4)—11,583———11,583 Brigit acquired assets depreciation and amortization(5)——3,891—2,3256,216 Brigit equity consideration vesting(6)————5,1015,101 Brigit replacement awards and other compensation(7)——800—3,6954,495 Brigit transaction costs————551551 Other(8)—1,483——(3,570)(2,087)Adjusted EBITDA $75,002$74,709$9,280$1,863$(37,293) $123,561 16
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Table 11 (1) Special items are reported as Other Gains and Charges in the Company’s Consolidated Statements of Operations included in Table 4 of our earnings release for the three and twelve months ended December 31, 2025. (2) Includes expenses of $19.7 million related to estimated legal accruals and $0.9 million in litigation and defense expenses primarily related to our Multi- State Attorneys’ General regulatory investigation, the settlement of a patent infringement lawsuit, and our current regulatory lawsuit with the New York Attorney General. (3) Includes amortization expense of approximately $10.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $4.0 million related to the fair value of acquired software assets. (4) Includes amortization expense of approximately $3.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $2.3 million related to the fair value of acquired software assets. (5) Represents stock compensation expense related to common stock issued to Brigit employees under restricted stock agreements as part of the acquisition proceeds subject to vesting restrictions. (6) Includes amortization expense for Brigit replacement awards and other compensation related to the Brigit acquisition. (7) Primarily includes lease impairment related to the closure of certain refranchised stores. Three Months Ended June 30, 2025(in thousands) Acima Rent-A-Center Brigit Mexico Corporate Consolidated Net earnings (loss) $82,003$63,001$10,472$1,936$(141,927) $15,485 Plus: Interest expense, net————27,88527,885 Plus: Income tax expense————7,3647,364 Operating profit (loss)82,00363,00110,4721,936(106,678)50,734 Plus: Depreciation and amortization3535,238184846,89012,983 Plus: Stock-based compensation————4,0214,021 Plus: Special Items(1)Legal matters(2)————32,51632,516 Acima acquired assets depreciation and amortization(3)10,929———3,97114,900 Brigit equity consideration vesting(4)————6,4056,405 Brigit acquired assets depreciation and amortization(5)——3,891—2,3256,216 Brigit replacement awards and other compensation(6)————4,9774,977 Asset impairment————206206 Brigit transaction costs————(109)(109)Other—157——194351 Adjusted EBITDA $93,285$68,396$14,381$2,420$(45,282) $133,200 17
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Table 12 (1) Special items are reported as Other Gains and Charges in the Company’s Consolidated Statements of Operations included in Table 3 of our earnings release for the three months ended September 30, 2025. (2) Includes amortization expense of approximately $10.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $4.0 million related to the fair value of acquired software assets. (3) Includes expenses of $8.9 million related to estimated legal accruals and $3.8 million in litigation and defense expenses primarily related to our Multi- State Attorneys’ General regulatory investigation, the settlement of a patent infringement lawsuit, and our current regulatory lawsuit with the New York Attorney General. (4) Primarily includes lease impairment related to the closure of certain refranchised stores. (5) Includes amortization expense of approximately $3.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $2.3 million related to the fair value of acquired software assets. (6) Represents stock compensation expense related to common stock issued to Brigit employees under restricted stock agreements as part of the acquisition proceeds subject to vesting restrictions. (7) Includes amortization expense for Brigit replacement awards and other compensation related to the Brigit acquisition. (8) Primarily includes interest income on tax refunds for prior years received in 2025 and shutdown and holding costs related to store closures and severance. Three Months Ended March 31, 2025(in thousands) Acima Rent-A-Center Brigit Mexico Corporate Consolidated Net earnings (loss) $73,708$66,415$8,829$1,223$(125,382) $24,793 Plus: Interest expense, net————27,10427,104 Plus: Income tax expense————10,71810,718 Operating profit (loss)73,70866,4158,8291,223(87,560)62,615 Plus: Depreciation and amortization3545,427114376,02312,252 Plus: Stock-based compensation7,9687,968 Plus: Special Items(1)Acima acquired assets depreciation and amortization(2)10,929———3,97114,900 Legal matters(3)————10,64510,645 Brigit transaction costs————6,2186,218 Brigit equity consideration vesting(4)————4,0594,059 Brigit acquired assets depreciation and amortization(5)——2,594—1,5504,144 Accelerated stock compensation(6)————1,5991,599 Brigit replacement awards and other compensation(7)————1,0951,095 Other—224——413637 Adjusted EBITDA $84,991$72,066$11,434$1,660$(44,019) $126,132 18
Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow Table 13 Three Months Three Months Ended March 31, 2026 2025 Ended December 31, 2025 (in thousands) Net cash provided by operating activities Net originations and collections of customer cash advances Purchase of property assets $ $ 170,660 $ 147,993 $ $ 41,584 (18,765) (15,964) 135,931 (10,257) (10,576) 127,160 (10,539) (17,536) 13,509 Free cash flow $ 19
Consolidated Net Leverage Ratio Table 14 Q1 Q4 (in millions, except net leverage ratio) Outstanding debt Less: Cash and cash equivalents Net debt 2026 2025 $ 1,456 98.4 1,357 $ 1,587 120.5 1,466 Adjusted EBITDA(1) Q1 2025 Q2 2025 — 133 126 133 Q3 2025 124 124 Q4 2025 126 126 Q1 2026 136 — Last twelve months Adjusted EBITDA $ 518.80 $ 508.80 Net leverage ratio 2.6 x 2.9 x (1) Refer to Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Table 11 through Table 15 for additional details of Adjusted EBITDA. 20
Third Quarter Earnings Review ™ October 29, 2026
Disclosures Forward-Looking Statements This communication contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including, among others, statements regarding our goals, plans and projections with respect to our operations, financial position and business strategy. Such forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "could," "estimate," "predict," "continue," “maintain,” "should," "anticipate," "believe," or “confident,” or the negative thereof or variations thereon or similar terminology. Such forward-looking statements are based on particular assumptions that our management has made in light of its experience and its perception of expected future developments and other factors that it believes are appropriate under the circumstances and are subject to various risks and uncertainties. Factors that could cause or contribute to material and adverse differences between actual and anticipated results include, but are not limited to, (1) the possibility that costs, difficulties or disruptions related to the integration of Brigit operations into our other operations will be greater than expected; (2) the possibility that the anticipated benefits from the Brigit acquisition may not be fully realized or may take longer to realize than expected; (3) our ability to (i) effectively adjust to changes in the composition of our offerings and product mix as a result of acquiring Brigit and continue to maintain the quality of existing offerings and (ii) successfully introduce other new product or service offerings on a timely and cost-effective basis; (4) changes in our future cash requirements as a result of the Brigit acquisition, whether caused by unanticipated increases in capital expenditures or working capital needs, unanticipated liabilities or otherwise; (5) the general strength of the economy and other economic conditions affecting consumer preferences, spending and payment behaviors, including the availability of credit to the Company's target consumers and to other consumers, impacts from continued or renewed inflation, central bank monetary policy initiatives to address inflation concerns and a possible recession or slowdown in economic growth, (6) the impacts of legal, regulatory and enforcement matters affecting our industries or Company; and (7) the other risks detailed from time to time in the reports filed by us with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, as well as subsequent Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this communication. Except as required by law, we are not obligated to, and do not undertake to, publicly release any revisions to these forward-looking statements to reflect any events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Use of Non-GAAP Financial Measures This communication contains certain financial information determined by methods other than in accordance with U.S. Generally Accepted Accounting Principles (GAAP), including (1) Non-GAAP diluted earnings per share (net earnings or loss, as adjusted for special items (as defined below), net of taxes, divided by the number of shares of our common stock on a fully diluted basis), (2) Adjusted EBITDA (net earnings before interest, taxes, stock-based compensation, depreciation and amortization, as adjusted for special items) on a consolidated and segment basis, (3) Net debt (outstanding debt less cash and cash equivalents), and (4) Net leverage ratio (outstanding debt less cash and cash equivalents divided by trailing twelve months Adjusted EBITDA). “Special items” refers to certain gains and charges we view as extraordinary, unusual or non- recurring in nature or which we believe do not reflect our core business activities. Special items are reported as Other Gains and Charges in our Consolidated Statements of Operations. For the periods presented herein, these special items are described in the quantitative reconciliation tables included in the appendix of this presentation. Because of the inherent uncertainty related to these special items, management does not believe it is able to provide a meaningful forecast of the comparable GAAP measures or reconciliation to any forecasted GAAP measure without unreasonable effort. These non-GAAP measures are additional tools intended to assist our management in comparing our performance on a more consistent basis for purposes of business decision-making by removing the impact of certain items management believes do not directly reflect our core operations. These measures are intended to assist management in evaluating operating performance and liquidity, comparing performance and liquidity across periods, planning and forecasting future business operations, helping determine levels of operating and capital investments and identifying and assessing additional trends potentially impacting our Company that may not be shown solely by comparisons of GAAP measures. Consolidated Adjusted EBITDA is also used as part of our incentive compensation program for our executive officers and others. We believe these non-GAAP financial measures also provide supplemental information that is useful to investors, analysts and other external users of our consolidated financial statements in understanding our financial results and evaluating our performance and liquidity from period to period. However, non-GAAP financial measures have inherent limitations and are not substitutes for, or superior to, GAAP financial measures, and they should be read together with our consolidated financial statements prepared in accordance with GAAP. Further, because non-GAAP financial measures are not standardized, it may not be possible to compare such measures to the non-GAAP financial measures presented by other companies, even if they have the same or similar names. Note that all sources in this presentation are from Company reports and Company estimates unless otherwise noted.
Our Mission Elevating Financial Opportunity for All Empowering underserved consumers with seamless, holistic financial tools to improve their financial lives.
Upbound: A Digital-First Platform Upbound is a technology and data-driven leader in innovative financial solutions for millions of underserved customers that provides industry-leading lease-to- own platforms and a subscription-based financial wellness app. Complementary financial solutions Delivered virtually with increasing scale Paired with prudent risk management Provides foundation for earnings growth Focus on innovative solutions dedicated to underserved consumers, providing them with access and choice across their financial journey Acima and Brigit's digital models expand access to more consumers through over 35k retailer locations, growing DTC marketplace, and top-rated fintech platform Disciplined, tactical approach to underwriting and risk management enables responsible growth Top-line growth paired with focus on efficiency drives opportunities for robust earnings growth 4
Upbound Segments at a Glance Three Interlocking Engines: Subscription FinTech, Virtual Lease-to-Own, Cash-Generative Rent-to-Own • Acquired by Upbound in Q1 2025 • Industry-leading financial wellness tools that utilize AI-powered cash flow data insights • Subscription offering provides access to innovative product offerings, including earned wage access/cash advance, credit building, budgeting and financial literacy tools • Virtual lease-to-own platform • Digital model expands access to more consumers through 35k+ retailer locations and expanding direct-to- consumer marketplace • Diverse merchant base supports resilience when demand varies across categories • Durable, resilient rent-to-own business model proven through 50+ year operating history • Over 2,000 stores in the U.S. and Mexico • Strong cash flow generation, enabling Upbound to fund growth opportunities across segments Three core brands addressing the needs of underserved consumers across their financial journey 5
Q3 Consolidated Financial Highlights $1.15 billion $34.3 million $0.58 Consolidated Revenue Net Income GAAP Diluted EPS -1.6% y/y +$21.1 million y/y +$0.36 y/y $163.1 million $123.4 million $1.01 Net Cash Provided by Operating Activities Adjusted EBITDA1 Non-GAAP Diluted EPS1 -0.1% y/y +$0.01 y/y +$73.2 million y/y 6 1 Non-GAAP financial measure. Refer to definitions and reconciliations elsewhere in this presentation.
$1,165 Q3'25 $1,196 Q4'25 $1,220 Q1'26 $1,163 Q2'26 $1,146 Q3'26 $13 Q3'25 $20 Q4'25 $36 Q1'26 $22 Q2'26 $34 Q3'26 $1.00 Q3'25 $1.01 Q4'25 $1.08 Q1'26 $1.07 Q2'26 $1.01 Q3'26 $124 Q3'25 $126 Q4'25 $136 Q1'26 $127 Q2'26 $123 Q3'26 Quarterly Consolidated Financial Trends Revenue ($M) Net Income ($M) Y/Y ∆ Y/Y ∆ 9% 11% 4% 1% -2% -57% -36% 44% 39% 159% Non-GAAP Diluted EPS1 Adjusted EBITDA1 ($M) Y/Y ∆ Y/Y ∆ 5% -4% 8% -4% 1% 6% 3% 8% -5% 0% 7 1 Non-GAAP financial measure. Refer to definitions and reconciliations elsewhere in this presentation.
Revenue by Source $58 Q3'25 $65 Q4'25 $68 Q1'26 $71 Q2'26 $79 Q3'26 1,444 Q3'25 1,551 Q4'25 1,558 Q1'26 1,719 Q2'26 1,839 Q3'26 3.3% Q3'25 3.5% Q4'25 3.5% Q1'26 3.6% Q2'26 4.4% Q3'26 $13.74 Q3'25 $14.15 Q4'25 $14.41 Q1'26 $14.30 Q2'26 $14.39 Q3'26 67% 19% 12% 2% Subscription Expedited Transfers Marketplace Other Brigit Quarterly Highlights Revenue ($M) Paying Users1 (000s) Net Advance Loss Rate2 ARPU3 *Upbound acquired Brigit on January 31, 2025. 1 Brigit Paying Users: Represents Brigit customers who have an active Plus or Premium account, not delinquent (not 45 days past due) on a cash advance, and made at least 1 of the last 2 subscription payments. 2 Net Advance Loss: Represents charge-offs of customer cash advances that are 45+ days past due as a percentage of total cash advances originated in the period. 3 ARPU: Average monthly revenue per Brigit Paying User, where Brigit Paying User is defined as in footnote 1 above. 8 Y/Y Δ - - - 37% 37% Y/Y Δ - - - 30% 27% Y/Y Δ - - - +98 bps +111 bps Y/Y Δ - - - 6% 5%
Rental Revenue by Product Category $625 Q3'25 $631 Q4'25 $649 Q1'26 $604 Q2'26 $585 Q3'26 $484 Q3'25 $550 Q4'25 $427 Q1'26 $466 Q2'26 $431 Q3'26 9.7% Q3'25 10.1% Q4'25 8.8% Q1'26 8.8% Q2'26 8.7% Q3'26 $75 Q3'25 $87 Q4'25 $89 Q1'26 $98 Q2'26 $86 Q3'26 38% 23% 19% 11% 9% Furniture Wheel & Tire Jewelry Electronics Other Acima Quarterly Highlights Revenue ($M) GMV1 ($M) Y/Y Δ 10% 9% 2% -2% -6% Y/Y Δ 11% 0% -6% -11% -11% Lease Charge-Off2 Rate Adjusted EBITDA3 ($M) Y/Y Δ +50 bps +110 bps -10 bps -50 bps -104 bps Y/Y Δ 0% 7% 4% 5% 15% 1 The Company defines Gross Merchandise Volume (GMV) as the retail value in U.S. dollars of merchandise acquired by the Acima segment that is leased to customers through a transaction that occurs within a defined period, net of estimated cancellations as of the measurement date. 2 Lease Charge-Offs (LCOs): Represents charge-offs of the net book value of unrecoverable on-rent merchandise with lease-to-own customers who are past due. This is typically expressed as a percentage of revenues for the applicable period. 3 Non-GAAP financial measure. Refer to definitions and reconciliations elsewhere in this presentation. 9
$461 Q3'25 $480 Q4'25 $482 Q1'26 $466 Q2'26 $459 Q3'26 $77 Q3'25 $82 Q4'25 $79 Q1'26 $81 Q2'26 $80 Q3'26 4.7% Q3'25 4.9% Q4'25 4.7% Q1'26 5.0% Q2'26 5.4% Q3'26 $75 Q3'25 $69 Q4'25 $67 Q1'26 $63 Q2'26 $66 Q3'26 39% 26% 19% 14% 2% Furniture Appliances Electronics Personal Electronics Other Rent-A-Center Quarterly Highlights Revenue ($M) Same Store Avg. Portfolio Value1 ($000s) Rental Revenue by Product Category Y/Y Δ -5% 0% -2% 0% 0% Y/Y Δ -2% 1% 1% 4% 0% Lease Charge-Off2 Rate Adjusted EBITDA3 ($M) Y/Y Δ -20 bps -10 bps +10bps +30 bps +75 bps Y/Y Δ -5% -13% -6% -8% -11% 1 Same Store Avg Portfolio Value: Represents the aggregate dollar value of the expected monthly rental income associated with current active lease agreements from our Company-owned Rent-A-Center lease-to-own stores that were operated by us for 13 months or more at the end of any given period divided by the number of such stores. The Company excludes from the same store base any store that receives a certain level of customer accounts from closed stores or acquisitions. The receiving store will be eligible for inclusion in the same store base in the 30th full month following account transfer. 2 3 For the Rent-A-Center segment, LCOs exclude Get-It-Now, Home Choice, and Franchise-owned Rent-A-Center locations. Non-GAAP financial measure. Refer to definitions and reconciliations elsewhere in this presentation. 10
Strong cash flow generation and liquidity position supports planned execution of the previously authorized share repurchase program Q3 Capital Allocation & Quarter-End Financial Position $163.1 million $576.3 million $1.2 billion Net Cash Provided by Operating Activities Liquidity1 Net Debt2 $16.1 million $23.5 million 2.4x Capital Expenditures Dividends Paid Net Leverage Ratio3 Net cash provided by operating activities, capital expenditures, and dividends paid represent expenditures for the full quarter. Liquidity, net debt, and net leverage ratio are as of quarter-end. 1 Liquidity represents cash and cash equivalents plus revolving credit availability at period-end. 2 Net debt is defined as outstanding debt less cash and cash equivalents. Non-GAAP financial measure. Refer to definitions and reconciliations elsewhere in this presentation. 3 Net leverage ratio is defined as outstanding debt less cash and cash equivalents divided by trailing twelve months Adjusted EBITDA, which is a Non-GAAP financial measure. Refer to definitions and reconciliations elsewhere in this presentation. 11 11
Full Year and Q4 2026 Guidance The Company narrows FY 2026 guidance on all metrics, while increasing the midpoint of it's Non-GAAP diluted EPS Consolidated Guidance1 Full Year 2026 Fourth Quarter 2026 Revenues ($B) $4.68 - $4.78 $510 - $525 $4.15 - $4.30 $1.15 - $1.25 $125 - $135 $1.00 - $1.10 Adj. EBITDA Excluding SBC ($M)2 Non-GAAP Diluted Earnings Per Share2 1.Consolidated includes Brigit, Acima, Rent-A-Center, Mexico, and Corporate Segments. 2.Non-GAAP financial measure. See descriptions elsewhere in this presentation. 12
Appendix
Reconciliation of Operating Profit to Non-GAAP Operating Profit, Net Earnings to Net Earnings Excluding Special Items and Non-GAAP Diluted Earnings Per Share For the Three Months Ended September 30, 2026 Earnings Diluted Earnings per Share Gross Profit Operating Profit Before Tax Net Earnings (in thousands) Income Tax Expense GAAP Results $ 580,219 $ 71,181 $ 46,727 $ 12,456 $ 34,271 $ 0.58 Plus: Special Items(1) Acima acquired assets depreciation and amortization(2) Brigit acquired assets depreciation and amortization(3) Store consolidation(4) Brigit replacement awards and other compensation(5) Labor reduction costs — — — — — 14,944 6,216 5,955 4,245 236 14,944 6,216 5,955 4,245 236 3,452 1,436 1,376 981 11,492 4,780 4,579 3,264 181 0.20 0.08 0.08 0.06 — 55 Legal matters — (51) (51) (12) (39) — Other — 580,219 937 103,663 937 79,209 216 19,960 721 59,249 0.01 1.01 Non-GAAP Adjusted Results $ $ $ $ $ $ (1) Special items are reported as Other Gains and Charges in the Company’s Consolidated Statements of Operations included in Table 3 of our earnings release. (2) Includes amortization expense of approximately $10.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $4.0 million related to the fair value of acquired software assets. (3) Includes amortization expense of approximately $3.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $2.3 million related to the fair value of acquired software assets. (4) Includes $4.8 million in lease impairment charges and $1.1 million in other miscellaneous shutdown and holding costs related to 69 Rent-A-Center closed stores. (5) Includes amortization expense for Brigit replacement awards and other compensation related to the Brigit acquisition. 14
Reconciliation of Operating Profit to Non-GAAP Operating Profit, Net Earnings to Net Earnings Excluding Special Items and Non-GAAP Diluted Earnings Per Share Three Months Ended September 30, 2025 Earnings Diluted Earnings per Share Gross Profit Operating Profit Before Tax Net Earnings (in thousands) Income Tax Expense GAAP Results Plus: Debt refinancing charges Plus: Special Items(1) $ 563,076 $ 52,753 $ 19,870 4,894 $ 6,649 1,150 $ 13,221 3,744 $ 0.22 0.06 — — Acima acquired assets depreciation and amortization(2) Legal matters(3) Asset impairment(4) Brigit acquired assets depreciation and amortization(5) Brigit equity consideration vesting(6) Brigit replacement awards and other compensation(7) Brigit transaction costs — — — — — — — 14,900 12,612 11,583 6,216 5,101 4,495 551 (2,087) 106,124 14,900 12,612 11,583 6,216 5,101 4,495 551 3,502 2,964 2,722 1,461 — 1,056 129 (490) 11,398 9,648 8,861 4,755 5,101 3,439 422 0.19 0.16 0.15 0.08 0.09 0.06 0.01 (0.02) 1.00 Other(8) — (2,087) 78,135 (1,597) 58,992 Non-GAAP Adjusted Results $ 563,076 $ $ $ 19,143 $ $ (1) Special items are reported as Other Gains and Charges in the Company’s Consolidated Statements of Operations included in Table 3 of our earnings release for the three months ended September 30, 2025. (2) Includes amortization expense of approximately $10.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $4.0 million related to the fair value of acquired software assets. (3) Includes expenses of $8.9 million related to estimated legal accruals and $3.8 million in litigation and defense expenses primarily related to our Multi-State Attorneys’ General regulatory investigation, the settlement of a patent infringement lawsuit, and our current regulatory lawsuit with the New York Attorney General. (4) Primarily includes lease impairment related to the closure of certain refranchised stores. (5) Includes amortization expense of approximately $3.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $2.3 million related to the fair value of acquired software assets. (6) Represents stock compensation expense related to common stock issued to Brigit employees under restricted stock agreements as part of the acquisition proceeds subject to vesting restrictions. (7) Includes amortization expense for Brigit replacement awards and other compensation related to the Brigit acquisition. (8) Primarily includes interest income on tax refunds for prior years received in 2025 and shutdown and holding costs related to store closures and severance. 15
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) For the Three Months Ended September 30, 2026 Rent-A- (in thousands) Acima Center Brigit Mexico Corporate Consolidated Net earnings (loss) $ 74,693 $ 55,613 $ 8,857 — — 8,857 29 $ 1,390 — $ (106,282) $ 34,271 Plus: Interest expense, net Plus: Income tax expense Operating profit (loss) Plus: Depreciation and amortization Plus: Stock-based compensation Plus: Special Items(1) — — 74,693 370 — — 55,613 4,293 — 24,454 12,456 (69,372) 8,804 24,454 12,456 71,181 14,192 5,527 — 1,390 696 — — — 5,527 Acima acquired assets depreciation and amortization(2) Brigit acquired assets depreciation and amortization(3) Store consolidation(4) Brigit replacement awards and other compensation(5) Labor reduction costs 10,972 — — — 5,955 — — 3,891 — 1,964 — — — — — — 3,972 2,325 — 2,281 232 14,944 6,216 5,955 4,245 236 — — — 4 Legal matters — — — — (51) (51) Other Adjusted EBITDA — 86,035 418 66,283 — 14,741 — 2,086 519 (45,763) 937 123,382 $ $ $ $ $ $ (1) Special items are reported as Other Gains and Charges in the Company’s Consolidated Statements of Operations included in Table 3 of our earnings release. (2) Includes amortization expense of approximately $10.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $4.0 million related to the fair value of acquired software assets. (3) Includes amortization expense of approximately $3.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $2.3 million related to the fair value of acquired software assets. (4) Includes $4.8 million in lease impairment charges and $1.1 million in other miscellaneous shutdown and holding costs related to 69 Rent-A-Center closed stores. (5) Includes amortization expense for Brigit replacement awards and other compensation related to the Brigit acquisition. 16
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) For the Three Months Ended June 30, 2026 Rent-A- (in thousands) Acima Center Brigit Mexico Corporate Consolidated Net earnings (loss) Plus: Interest expense, net Plus: Income tax expense $ 73,443 $ 54,658 $ 7,512 — $ (272) — — $ (113,757) 25,001 7,674 $ 21,584 25,001 7,674 — — — — — Operating profit (loss) 73,443 373 54,658 4,592 — 7,512 27 (272) 673 — (81,082) 8,258 4,430 54,259 13,923 4,430 Plus: Depreciation and amortization Plus: Stock-based compensation Plus: Special Items(1) — — Acima acquired assets depreciation and amortization(2) Acima fraudulent lease-to-own contract losses(3) Brigit equity consideration vesting(4) Brigit acquired assets depreciation and amortization(5) Brigit replacement awards and other compensation(6) Store consolidation(7) 10,972 13,255 — — — — — — — — — — — — — — — — — 3,972 — 12,197 2,325 4,067 — 14,944 13,255 12,197 6,216 4,435 3,965 (1,061) 524 — — — — 3,891 368 — 3,965 — Legal matters(8) Labor reduction costs — — (1,061) 518 — 6 Other — (47) — — (1) (48) Adjusted EBITDA $ 98,043 $ 63,174 $ 11,798 $ 401 $ (46,377) $ 127,039 (1) Special items are reported as Other Gains and Charges in the Company’s Consolidated Statements of Operations included in Table 3 of our earnings release for the three months ended June 30, 2026. (2) Includes amortization expense of approximately $10.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $3.9 million related to the fair value of acquired software assets. (3) Includes fraudulent lease-to-own contract losses related to cybersecurity incidents within our Acima segment as disclosed in our Form 8-K filed on July 22, 2026. (4) Represents stock compensation expense related to common stock issued to Brigit employees under restricted stock agreements as part of the acquisition proceeds subject to vesting restrictions. (5) Includes amortization expense of approximately $3.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $2.4 million related to the fair value of acquired software assets. (6) Includes amortization expense for Brigit replacement awards and other compensation related to the Brigit acquisition. (7) Includes $1.7 million in disposal of fixed assets, $1.6 million in lease impairment charges and $0.7 million in other miscellaneous shutdown and holding costs related to 69 Rent-A-Center closed stores. (8) Includes net expenses of $(1.5) million related to estimated legal accruals and $0.45 million in litigation and defense expenses. 17
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Three Months Ended March 31, 2026 Rent-A- (in thousands) Acima Center Brigit Mexico Corporate Consolidated Net earnings (loss) $ 77,266 — $ 62,276 — $ 18,563 — — 18,563 26 $ (92) — — (92) 633 — $ (122,224) $ 35,789 Plus: Interest expense, net Plus: Income tax expense Operating profit (loss) Plus: Depreciation and amortization Plus: Stock-based compensation Plus: Special Items(1) 26,167 15,482 (80,575) 8,066 26,167 15,482 77,438 14,139 6,059 — — 77,266 404 — 62,276 5,010 — — 6,059 Acima acquired assets depreciation and amortization(2) Brigit acquired assets depreciation and amortization(3) Brigit replacement awards and other compensation(4) Brigit equity consideration vesting(5) Legal matters(6) Labor reduction costs Asset impairment and disposal Other 10,972 — — — — — — — 3,891 440 — — — — — — — — — 541 3,972 2,325 5,055 4,716 4,053 1,339 1,505 40 14,944 6,216 5,495 4,716 4,053 1,659 1,505 (165) — — — — — — — — — — 320 — (205) 67,401 Adjusted EBITDA $ 88,642 $ $ 22,920 $ $ (43,445) $ 136,059 (1) Special items are reported as Other Gains and Charges in the Company’s Consolidated Statements of Operations included in Table 4 of our earnings release for the three months ended March 31, 2026. (2) Includes amortization expense of approximately $11.0 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $4.0 million related to the fair value of acquired software assets. (3) Includes amortization expense of approximately $3.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $2.3 million related to the fair value of acquired software assets. (4) Includes amortization expense for Brigit replacement awards and other compensation related to the Brigit acquisition. (5) Represents stock compensation expense related to common stock issued to Brigit employees under restricted stock agreements as part of the acquisition proceeds subject to vesting restrictions. (6) Includes expenses of $3.5 million related to estimated legal accruals and $0.5 million in litigation and defense expenses. 18
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Three Months Ended December 31, 2025 Rent-A- (in thousands) Acima Center Brigit Mexico Corporate Consolidated Net earnings (loss) $ 75,573 $ 63,685 $ 6,786 — — 6,786 26 $ 977 — — 977 581 — $ (127,278) $ 19,743 Plus: Interest expense, net Plus: Income tax expense Operating profit (loss) Plus: Depreciation and amortization Plus: Stock-based compensation Plus: Special Items(1) — — 75,573 363 — — 63,685 5,416 — 27,384 10,118 (89,776) 7,438 27,384 10,118 57,245 13,824 4,739 — — 4,739 Legal matters(2) — 10,929 — — — — — — — — 3,891 — 383 — — — — — — — 20,666 3,971 2,325 4,432 3,363 — 20,666 14,900 6,216 4,432 3,746 1,174 25 Acima acquired assets depreciation and amortization(3) Brigit acquired assets depreciation and amortization(4) Brigit equity consideration vesting(5) Brigit replacement awards and other compensation(6) Asset impairment(7) — — — — 1,174 — — — Brigit transaction costs 25 Other Adjusted EBITDA — 86,865 (1,068) 69,207 — 11,086 — 1,558 — (42,817) (1,068) 125,899 $ $ $ $ $ $ (1) Special items are reported as Other Gains and Charges in the Company’s Consolidated Statements of Operations included in Table 4 of our earnings release for the three and twelve months ended December 31, 2025. (2) Includes expenses of $19.7 million related to estimated legal accruals and $0.9 million in litigation and defense expenses primarily related to our Multi-State Attorneys’ General regulatory investigation, the settlement of a patent infringement lawsuit, and our current regulatory lawsuit with the New York Attorney General. (3) Includes amortization expense of approximately $10.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $4.0 million related to the fair value of acquired software assets. (4) Includes amortization expense of approximately $3.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $2.3 million related to the fair value of acquired software assets. (5) Represents stock compensation expense related to common stock issued to Brigit employees under restricted stock agreements as part of the acquisition proceeds subject to vesting restrictions. (6) Includes amortization expense for Brigit replacement awards and other compensation related to the Brigit acquisition. (7) Primarily includes lease impairment related to the closure of certain refranchised stores. 19
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Three Months Ended September 30, 2025 Rent-A- (in thousands) Acima Center Brigit Mexico Corporate Consolidated Net earnings (loss) $ 63,687 $ 56,420 $ 4,569 — — — 4,569 20 $ 1,314 $ (112,769) 27,989 6,649 4,894 (73,237) 6,722 $ 13,221 27,989 6,649 Plus: Interest expense, net Plus: Income tax expense Plus: Debt refinancing charges Operating profit (loss) Plus: Depreciation and amortization Plus: Stock-based compensation Plus: Special Items(1) — — — — — — — — — 4,894 63,687 386 — 56,420 5,223 — 1,314 549 — 52,753 12,900 4,537 — 4,537 Acima acquired assets depreciation and amortization(2) Legal matters(3) Asset impairment(4) Brigit acquired assets depreciation and amortization(5) Brigit equity consideration vesting(6) Brigit replacement awards and other compensation(7) Brigit transaction costs 10,929 — — — 11,583 — — — — — — — — — 3,971 12,612 — 2,325 5,101 3,695 551 14,900 12,612 11,583 6,216 5,101 4,495 — — — — 3,891 — 800 — — — — — — — 551 Other(8) Adjusted EBITDA — 75,002 1,483 74,709 — 9,280 — 1,863 (3,570) (37,293) (2,087) 123,561 $ $ $ $ $ $ (1) Special items are reported as Other Gains and Charges in the Company’s Consolidated Statements of Operations included in Table 3 of our earnings release for the three months ended September 30, 2025. (2) Includes amortization expense of approximately $10.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $4.0 million related to the fair value of acquired software assets. (3) Includes expenses of $8.9 million related to estimated legal accruals and $3.8 million in litigation and defense expenses primarily related to our Multi-State Attorneys’ General regulatory investigation, the settlement of a patent infringement lawsuit, and our current regulatory lawsuit with the New York Attorney General. (4) Primarily includes lease impairment related to the closure of certain refranchised stores. (5) Includes amortization expense of approximately $3.9 million related to the total fair value of acquired intangible assets and incremental depreciation expense of approximately $2.3 million related to the fair value of acquired software assets. (6) Represents stock compensation expense related to common stock issued to Brigit employees under restricted stock agreements as part of the acquisition proceeds subject to vesting restrictions. (7) Includes amortization expense for Brigit replacement awards and other compensation related to the Brigit acquisition. (8) Primarily includes interest income on tax refunds for prior years received in 2025 and shutdown and holding costs related to store closures and severance. 20
Supplemental Segment Performance Details – GAAP For the Three Months Ended September 30, 2026 Rent-A- Three Months Ended September 30, 2025 Rent-A- Center (in millions) Revenue Rentals and fees Merchandise sales Subscriptions and fees Other Acima 461.4 123.2 — Center Brigit Mexico Corporate Consolidated (in millions) Revenue Rentals and fees Merchandise sales Subscriptions and fees Other Acima 488.5 136.5 — Brigit Mexico Corporate Consolidated $ $ $ 398.2 56.0 — 4.9 459.0 $ — $ 21.6 1.0 — 0.9 23.6 $ — — — — — $ 881.3 180.2 78.8 $ $ $ 393.2 60.7 — $ — $ 19.6 $ — — — — — $ 901.3 198.1 57.7 — 78.8 — — 57.7 — 0.9 — 0.2 0.1 584.7 6.0 0.2 625.3 7.2 7.6 Total revenue $ $ 78.8 $ $ $ 1,146.2 Total revenue $ 461.1 $ 57.7 $ 20.7 $ $ 1,164.7 For the Three Months Ended September 30, 2026 Rent-A- Center Three Months Ended September 30, 2025 Rent-A- Center (in millions) Acima Brigit Mexico Corporate Consolidated (in millions) Acima Brigit Mexico Corporate Consolidated Cost of revenues Cost of revenues Cost of rentals and fees Cost of merchandise sold Cost of subscriptions and fees Total cost of revenues $ $ 241.5 159.9 — $ $ 97.8 52.1 — $ $ — $ $ 5.9 0.9 — $ $ — — — — $ $ 345.2 212.8 7.9 Cost of rentals and fees Cost of merchandise sold Cost of subscriptions and fees Total cost of revenues $ $ 261.0 181.0 — $ 97.9 49.2 — $ $ — $ $ 5.3 0.7 — $ $ — — — — $ 364.1 230.9 6.6 — 7.9 7.9 — 6.6 6.6 401.4 149.9 6.8 565.9 442.0 $ 147.1 6.0 $ 601.6 For the Three Months Ended September 30, 2026 Rent-A- Center Three Months Ended September 30, 2025 Rent-A- Center (in millions) Acima Brigit Mexico Corporate Consolidated (in millions) Acima Brigit Mexico Corporate Consolidated Operating expenses Operating expenses Operating labor expense Non-labor operating expenses General and administrative expenses Depreciation and amortization Other gains and charges Total operating expenses $ $ 23.6 73.0 0.8 0.4 11.0 108.7 $ 117.2 121.0 4.7 4.3 6.4 $ 1.5 52.9 1.8 — 5.9 $ 5.2 7.2 2.3 0.7 — $ — — 51.3 8.8 9.3 69.4 $ 147.4 254.0 60.9 14.2 32.5 Operating labor expense Non-labor operating expenses General and administrative expenses Depreciation and amortization Other gains and charges Total operating expenses $ $ 25.2 82.6 0.5 0.4 10.9 119.6 $ 120.6 114.5 4.2 5.2 13.1 257.6 $ $ 1.2 38.8 1.8 — 4.7 $ $ 4.8 6.2 1.9 0.5 — — — 41.8 6.7 24.7 73.2 $ 151.7 242.1 50.2 12.9 53.4 $ 253.6 $ 62.0 $ 15.4 $ $ 509.0 $ 46.5 13.4 $ $ 510.3 For the Three Months Ended September 30, 2026 Rent-A- Center 4.5 Three Months Ended September 30, 2025 Rent-A- Center (in millions) Capital expenditures Acima 0.1 Brigit Mexico Corporate Consolidated $ 16.1 (in millions) Capital expenditures Acima Brigit Mexico $ 1.0 Corporate $ 12.7 Consolidated $ 20.5 $ $ $ 0.1 $ 0.6 $ 10.8 $ — $ 6.8 $ — 21
Supplemental Segment Performance Details – Including Non-GAAP Adjustments For the Three Months Ended September 30, 2026 Three Months Ended September 30, 2025 Rent-A- Center Rent-A- Center (in millions) Revenue Rentals and fees Merchandise sales Subscriptions and fees Other Acima 461.4 123.2 — Brigit Mexico Corporate Consolidated (in millions) Revenue Rentals and fees Merchandise sales Subscriptions and fees Other Acima 488.5 136.5 — Brigit Mexico Corporate Consolidated $ $ $ 398.2 56.0 — $ — $ 21.6 1.0 $ — — — — — $ $ 881.3 180.2 78.8 6.0 1,146.2 $ $ $ 393.2 60.7 — $ — $ 19.6 0.9 $ — — — — — $ 901.3 198.1 57.7 — 78.8 — — 57.7 — — 0.9 — 0.2 0.1 584.7 4.9 0.2 625.3 7.2 7.6 Total revenue $ 459.0 $ 78.8 $ 23.6 $ Total revenue $ 461.1 $ 57.7 $ 20.7 $ $ 1,164.7 For the Three Months Ended September 30, 2026 Rent-A- Center Three Months Ended September 30, 2025 Rent-A- Center (in millions) Acima Brigit Mexico Corporate Consolidated (in millions) Acima Brigit Mexico Corporate Consolidated Cost of revenues Cost of revenues Cost of rentals and fees Cost of merchandise sold Cost of subscriptions and fees Total cost of revenues $ $ 241.5 159.9 — $ $ 97.8 52.1 — $ $ — $ $ 5.9 0.9 — $ $ — — — — $ $ 345.2 212.8 7.9 Cost of rentals and fees Cost of merchandise sold Cost of subscriptions and fees Total cost of revenues $ $ 261.0 181.0 — $ 97.9 49.2 — $ $ — $ $ 5.3 0.7 — $ $ — — — — $ 364.1 230.9 6.6 — 7.9 7.9 — 6.6 6.6 401.4 149.9 6.8 565.9 442.0 $ 147.1 6.0 $ 601.6 For the Three Months Ended September 30, 2026 Rent-A- Three Months Ended September 30, 2025 Rent-A- Center (in millions) Acima Center Brigit Mexico Corporate Consolidated (in millions) Acima Brigit Mexico Corporate Consolidated Operating expenses Operating expenses Operating labor expense Non-labor operating expenses General and administrative expenses Depreciation and amortization Other gains and charges(1) Total operating expenses $ $ 23.6 73.0 0.8 0.4 — $ 117.2 121.0 4.7 4.3 — $ 1.5 $ 5.2 7.2 2.3 0.7 — $ — — 51.3 8.8 — 60.1 $ 147.4 254.0 60.9 14.2 — Operating labor expense Non-labor operating expenses General and administrative expenses Depreciation and amortization Other gains and charges(1) Total operating expenses $ $ 25.2 82.6 0.5 0.4 — $ 120.6 114.5 4.2 5.2 — $ 1.2 $ 4.8 6.2 1.9 0.5 — $ — — 41.8 6.7 — 48.6 $ 151.7 242.1 50.2 12.9 — 52.9 1.8 — — 56.1 38.8 1.8 — — 41.8 97.7 $ 247.2 $ $ 15.4 $ $ 476.6 108.7 $ 244.5 $ $ 13.4 $ $ 457.0 (1) For purposes of disclosing non-GAAP operating expenses we exclude Other gains and charges. Additional details of Other gains and charges are included as special item adjustments in the reconciliation tables on pages 14 and 16 of this presentation. (1) For purposes of disclosing non-GAAP operating expenses we exclude Other gains and charges. Additional details of Other gains and charges are included as special item adjustments in the reconciliation tables on pages 15 and 20 of this presentation. For the Three Months Ended September 30, 2026 Rent-A- Three Months Ended September 30, 2025 Rent-A- (in millions) Capital expenditures Acima 0.1 Center Brigit Mexico Corporate Consolidated $ 16.1 (in millions) Capital expenditures Acima Center Brigit Mexico Corporate Consolidated $ 20.5 $ $ 4.5 $ 0.1 $ 0.6 $ 10.8 $ — $ 6.8 $ — $ 1.0 $ 12.7 22
Consolidated Net Leverage Ratio Q3 2026 (in millions, except net leverage ratio) Outstanding debt Less: Cash and cash equivalents Net debt Adjusted EBITDA(1) Q4 2025 Q1 2026 Q2 2026 Q3 2026 $ $ 1,361.3 125.1 1,236.2 125.9 136.1 127.0 123.4 512.4 Last twelve months Adjusted EBITDA Net leverage ratio 2.4 x (1) Refer to Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) tables on pages 16 through 19 for additional details of Adjusted EBITDA. 23
Reconciliation of Net Earnings to Net Earnings Excluding Special Items, Non-GAAP Diluted Earnings Per Share Three Months Ended March 31, 2026 35,789 December 31, 2025 19,743 June 30, 2026 (in thousands) Net earnings Plus: Special Items(1) Less: Adjusted tax expense Net Earnings excluding Special Items $ $ $ $ $ $ 21,584 50,091 10,671 59,163 38,423 10,538 63,674 54,427 13,374 62,637 Diluted weighted average shares Non-GAAP diluted earnings per share 58,537 1.01 58,846 1.08 58,708 1.07 $ $ $ (1) Additional details of Special Items are included in the Reconciliation of Net Earnings to Adjusted EBITDA (Consolidated and by Segment) tables of our quarterly investor presentations for their respective periods, which can be found on pages 17 through 19 of this presentation. 24