Short answer
PROG Holdings, Inc. (PRG) filed its Q2 2026 10-Q quarterly report on Jul 30, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $148M (down 75.6% year over year) with net income of $37M.
Q2 2026 key financials · XBRL
- Revenue
- $148M
- −75.6% YoY · +26.2% QoQ
- Net income
- $37M
- −3.8% YoY · +2.7% QoQ
- Operating margin
- 44.5%
- EPS (diluted)
- $0.91
- −4.2% YoY · +2.2% QoQ
Source: XBRL data from the PROG Holdings, Inc. (PRG) Q2 2026 10-Q on SEC EDGAR. USD.
PROG Holdings, Inc. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $719.7M, up 22.3% YoY from $588.5M, driven by Purchasing Power and Four
- Operating profit margin 9.1% vs 10.1% YoY; pretax margin 7.1% vs 8.7%
- Four best performer: pretax earnings $7.1M, up 139.9% YoY; Progressive Leasing pretax earnings $45.4M, down 11.9%
- Cash deployment: $424.2M acquisition of Purchasing Power, funded alongside $338.6M non-recourse debt
- Headwinds: inflation, fuel costs, geopolitical disruption and tighter decisioning; Progressive write-off provision 8.4% vs 7.5% YoY
Risk Factors
- No new or changed risk factors since the 2025 Annual Report
- Regulatory and compliance risk carried forward from the 2025 Annual Report
- Operational and competitive risks carried forward from the 2025 Annual Report
- Financial and liquidity risks carried forward from the 2025 Annual Report
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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