PROG Holdings, Inc.PRGEarnings & Financial Report
PROG Holdings, Inc. is a U.S.-based financial technology firm providing flexible lease-to-own and point-of-sale financing solutions to consumers. Operating primarily in the U.S. market, its core segments include retail partner financing, consumer lending, and payment services that help customers access electronics and household goods without traditional credit requirements.
Revenue
$641.9M
Gross Profit
N/A
Operating Profit
$39.8M
Net Profit
$22.0M
Gross Margin
N/A
Operating Margin
6.2%
Net Margin
3.4%
YoY Growth
-2.0%
EPS
$0.49
Financial Flow
PROG Holdings, Inc. Q1 2024 Financial Summary
PROG Holdings, Inc. reported revenue of $641.9M (down 2.0% YoY) for Q1 2024, with a net profit of $22.0M (down 54.3% YoY) (3.4% margin). Cost of goods sold was N/A.
Key Financial Metrics
| Total Revenue | $641.9M |
|---|---|
| Net Profit | $22.0M |
| Gross Margin | N/A |
| Operating Margin | 6.2% |
| Report Period | Q1 2024 |
Revenue Breakdown
PROG Holdings, Inc. Q1 2024 revenue of $641.9M breaks down across 3 segments, led by Lease Revenuesand Fees at $620.5M (96.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Lease Revenuesand Fees | $620.5M | 96.7% |
| Interestand Feeson Loans Receivable | $21.3M | 3.3% |
| Vive Financial LLC | $16.1M | 2.5% |
PROG Holdings, Inc. Annual Revenue by Year
PROG Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.4B |
| 2024 | $2.4B |
| 2023 | $2.3B |
| 2022 | $2.6B |
PROG Holdings, Inc. Quarterly Revenue & Net Profit History
PROG Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $525.4M | -6.0% | $40.5M | 7.7% |
| Q3 2025 | $595.1M | -1.8% | $33.1M | 5.6% |
| Q2 2025 | $604.7M | +2.1% | $38.5M | 6.4% |
| Q1 2025 | $684.1M | +6.6% | $34.7M | 5.1% |
| Q4 2024 | $558.9M | +9.9% | $57.5M | 10.3% |
| Q3 2024 | $606.1M | +4.0% | $84.0M | 13.9% |
| Q2 2024 | $592.2M | -0.1% | $33.8M | 5.7% |
| Q1 2024 | $641.9M | -2.0% | $22.0M | 3.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $641.9M | $592.2M | $606.1M | $558.9M | $684.1M | $604.7M | $595.1M | $525.4M |
| YoY Growth | -2.0% | -0.1% | 4.0% | 9.9% | 6.6% | 2.1% | -1.8% | -6.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.46B | $1.46B | $1.45B | $1.51B | $1.47B | $1.45B | $1.55B | $1.61B |
| Liabilities | $876.6M | $878.9M | $815.5M | $863.5M | $815.5M | $785.9M | $843.0M | $864.0M |
| Equity | $585.1M | $581.9M | $630.8M | $650.3M | $654.4M | $668.7M | $703.6M | $746.4M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $135.7M | $55.4M | $31.9M | $-84.5M | $209.9M | $69.9M | $110.0M | $-54.9M |