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
$595.1M
Gross Profit
N/A
Operating Profit
$53.5M
Net Profit
$33.1M
Gross Margin
N/A
Operating Margin
9.0%
Net Margin
5.6%
YoY Growth
-1.8%
EPS
$0.82
Financial Flow
PROG Holdings, Inc. Q3 2025 Financial Summary
PROG Holdings, Inc. reported revenue of $595.1M (down 1.8% YoY) for Q3 2025, with a net profit of $33.1M (down 60.6% YoY) (5.6% margin). Cost of goods sold was N/A.
Key Financial Metrics
| Total Revenue | $595.1M |
|---|---|
| Net Profit | $33.1M |
| Gross Margin | N/A |
| Operating Margin | 9.0% |
| Report Period | Q3 2025 |
Revenue Breakdown
PROG Holdings, Inc. Q3 2025 revenue of $595.1M breaks down across 3 segments, led by Progressive Leasing Segment at $556.6M (93.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Progressive Leasing Segment | $556.6M | 93.5% |
| Interest And Fees On Loans Receivable | $38.5M | 6.5% |
| Vive Segment | $17.4M | 2.9% |
PROG Holdings, Inc. Revenue by Segment — Quarterly Trend
PROG Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Progressive Leasing Segment and Interest And Fees On Loans Receivable) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Progressive Leasing Segment | $544.9M | $556.6M | $569.7M | $651.6M |
| Interest And Fees On Loans Receivable | — | $38.5M | $35.0M | $32.5M |
| Vive Segment | — | $17.4M | $16.2M | $15.7M |
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 |