NYSE$PRG

Prog Holdings Inc · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

PROG Holdings reported Q1 2026 total revenues of $742.7M and net earnings of $36.1M, with diluted EPS of $0.89.

For the quarter ended March 31, 2026, PROG generated total revenues of $742.7 million (+11% YoY) across Progressive Leasing lease revenue, Purchasing Power product/service revenue, and finance income. Operating profit was $65.3 million; net earnings were $36.1 million versus $34.7 million a year ago. Diluted EPS was $0.89 ($0.83 prior year). The company declared a $0.14 quarterly dividend.

  • Total revenues $742.7M (+11% YoY); lease revenue $596.9M.
  • Net earnings $36.1M; diluted EPS $0.89.
  • Operating profit $65.3M; interest expense $18.4M.
  • Purchasing Power and Four segments expanded product revenue mix.
  • Cybersecurity settlement of $3.3M covered by insurance.

Headline financials

Total Revenue

$743M

Previous: $684M+8.6%
EPS (adj)

$0.89

Previous: $0.83+7.2%
Capital Expenditures

-$3.15M

Previous: -$1.96M-60.5%
Net Income

$36.1M

Previous: $34.7M+3.8%
Operating Income

$65.3M

Previous: $56.3M+16.0%
Gross Profit

$680M

No prior period

Revenue & EPS history

Prog Holdings · Revenue · Quarterly

$743M

Q1 2026+8.6%vs Q1 2025
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Prog Holdings · $565M total across 2 segments · Q3 2023

  • Progressive Leasing
    $564M
  • Other
    $1.15M

Forward guidance

MD&A discusses lease receivable sales, Purchasing Power integration, and capital allocation; no numeric consolidated EPS guide in the 10-Q.

Tailwinds

  • Double-digit revenue growth with diversified revenue streams.
  • EPS up on higher operating profit.
  • Dividend maintained at $0.14 per share.

Headwinds

  • Higher interest expense vs. prior year.
  • Restructuring charges of $3.9M in Q1.
  • Regulatory/litigation overhang on MoneyApp cash advances.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.6%

Avg return

Earnings day

+3.2%

Avg return

5 days after

+5.3%

Avg return

30 days after

57%

36 / 63 earnings

Positive

+24.2%

Q1 2020

Best reaction

-43.1%

Q1 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.1%+24.2%+26.6%
Q4 2025+6.6%+12.7%-18.1%
Q3 2025-0.8%-3.5%-14.1%
Q1 2025-7.0%-2.6%+6.5%
Q3 2024-8.7%-8.6%+1.0%
Q2 2024+22.2%+29.9%+36.4%
Q1 2024+6.6%+5.2%+8.3%
Q4 2023-11.3%-9.2%+6.7%
Q3 2023-0.4%-2.6%-4.4%
Q2 2023+14.9%+11.9%-7.3%
Q1 2023+17.6%+17.2%+29.6%
Q4 2022+5.9%+8.4%+1.2%
Q3 2022+11.8%+16.3%+33.3%
Q2 2022+8.3%+16.3%+10.7%
Q1 2022+2.0%+2.4%+6.3%
Q4 2021-12.8%-14.2%-19.1%
Q3 2021+13.0%+14.0%+9.6%
Q2 2021-3.7%-6.0%+5.1%
Q1 2021+3.1%+8.4%+6.7%
Q4 2020+0.8%-2.2%-9.3%
Q3 2020-4.5%+1.6%+18.2%
Q2 2020+16.8%+14.2%+26.0%
Q1 2020+24.2%+14.2%+58.2%
Q4 2019-22.8%-24.0%-73.3%
Q3 2019-11.6%-21.3%-22.1%
Q2 2019-1.4%-2.8%-4.4%
Q1 2019+7.1%+4.5%+2.2%
Q4 2018+5.2%+4.6%+2.5%
Q3 2018-6.0%-4.6%+0.9%
Q2 2018-0.1%-0.5%+16.0%
Q1 2018-7.4%-10.7%-9.5%
Q4 2017+7.6%+5.5%+19.8%
Q3 2017-12.2%-14.9%-16.1%
Q2 2017+13.9%+13.1%+8.8%
Q1 2017+14.4%+16.2%+11.9%
Q4 2016-8.6%-8.3%+1.9%
Q3 2016+9.2%+9.6%+30.8%
Q2 2016+9.8%+8.5%+12.7%
Q1 2016+3.9%
Q4 2015-6.0%
Q3 2015-24.3%
Q2 2015-9.2%
Q1 2015+14.5%
Q4 2014+1.6%
Q3 2014-4.1%
Q2 2014+0.8%
Q1 2014+0.6%
Q4 2013+0.4%
Q3 2013+0.2%
Q2 2013+1.4%
Q1 2013-1.3%
Q4 2012+3.8%
Q3 2012-1.2%
Q2 2012+0.8%
Q1 2012+0.7%
Q4 2011-0.2%
Q3 2011-4.2%
Q2 2011+2.3%
Q1 2011+1.7%
Q4 2010+2.2%
Q3 2010-1.4%
Q2 2010-4.7%
Q1 2010-43.1%

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