vs

Side-by-side financial comparison of PROG Holdings, Inc. (PRG) and Qnity Electronics, Inc. (Q). Click either name above to swap in a different company.

Qnity Electronics, Inc. is the larger business by last-quarter revenue ($1.3B vs $651.6M, roughly 2.0× PROG Holdings, Inc.). Qnity Electronics, Inc. runs the higher net margin — 16.5% vs 5.5%, a 11.0% gap on every dollar of revenue. On growth, PROG Holdings, Inc. posted the faster year-over-year revenue change (457.1% vs 11.1%).

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.

PRG vs Q — Head-to-Head

Bigger by revenue
Q
Q
2.0× larger
Q
$1.3B
$651.6M
PRG
Growing faster (revenue YoY)
PRG
PRG
+446.0% gap
PRG
457.1%
11.1%
Q
Higher net margin
Q
Q
11.0% more per $
Q
16.5%
5.5%
PRG

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
PRG
PRG
Q
Q
Revenue
$651.6M
$1.3B
Net Profit
$36.1M
$211.0M
Gross Margin
45.1%
Operating Margin
10.0%
21.3%
Net Margin
5.5%
16.5%
Revenue YoY
457.1%
11.1%
Net Profit YoY
3.8%
6.0%
EPS (diluted)
$3.68
$1.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PRG
PRG
Q
Q
Q1 26
$651.6M
Q4 25
$525.4M
Q3 25
$595.1M
$1.3B
Q2 25
$604.7M
Q1 25
$684.1M
Q4 24
$558.9M
Q3 24
$606.1M
$1.1B
Q2 24
$592.2M
Net Profit
PRG
PRG
Q
Q
Q1 26
$36.1M
Q4 25
$40.5M
Q3 25
$33.1M
$211.0M
Q2 25
$38.5M
Q1 25
$34.7M
Q4 24
$57.5M
Q3 24
$84.0M
$199.0M
Q2 24
$33.8M
Gross Margin
PRG
PRG
Q
Q
Q1 26
Q4 25
Q3 25
45.1%
Q2 25
Q1 25
Q4 24
Q3 24
47.0%
Q2 24
Operating Margin
PRG
PRG
Q
Q
Q1 26
10.0%
Q4 25
6.9%
Q3 25
9.0%
21.3%
Q2 25
10.0%
Q1 25
8.2%
Q4 24
8.9%
Q3 24
8.1%
21.8%
Q2 24
9.4%
Net Margin
PRG
PRG
Q
Q
Q1 26
5.5%
Q4 25
7.7%
Q3 25
5.6%
16.5%
Q2 25
6.4%
Q1 25
5.1%
Q4 24
10.3%
Q3 24
13.9%
17.3%
Q2 24
5.7%
EPS (diluted)
PRG
PRG
Q
Q
Q1 26
$3.68
Q4 25
$0.99
Q3 25
$0.82
$1.01
Q2 25
$0.95
Q1 25
$0.83
Q4 24
$1.33
Q3 24
$1.94
$0.95
Q2 24
$0.77

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PRG
PRG
Q
Q
Cash + ST InvestmentsLiquidity on hand
$69.4M
$128.0M
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$774.4M
$9.1B
Total Assets
$2.0B
$12.5B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRG
PRG
Q
Q
Q1 26
$69.4M
Q4 25
$308.8M
Q3 25
$292.6M
$128.0M
Q2 25
$222.0M
Q1 25
$213.3M
Q4 24
$90.9M
Q3 24
$221.7M
Q2 24
$250.1M
Total Debt
PRG
PRG
Q
Q
Q1 26
Q4 25
$594.9M
Q3 25
$1.7B
Q2 25
Q1 25
Q4 24
$643.6M
Q3 24
Q2 24
Stockholders' Equity
PRG
PRG
Q
Q
Q1 26
$774.4M
Q4 25
$746.4M
Q3 25
$703.6M
$9.1B
Q2 25
$668.7M
Q1 25
$654.4M
Q4 24
$650.3M
Q3 24
$630.8M
$11.1B
Q2 24
$581.9M
Total Assets
PRG
PRG
Q
Q
Q1 26
$2.0B
Q4 25
$1.6B
Q3 25
$1.5B
$12.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$1.5B
Debt / Equity
PRG
PRG
Q
Q
Q1 26
Q4 25
0.80×
Q3 25
0.19×
Q2 25
Q1 25
Q4 24
0.99×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PRG
PRG
Q
Q
Operating Cash FlowLast quarter
$782.0M
Free Cash FlowOCF − Capex
$568.0M
FCF MarginFCF / Revenue
44.5%
Capex IntensityCapex / Revenue
16.8%
Cash ConversionOCF / Net Profit
3.71×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRG
PRG
Q
Q
Q1 26
Q4 25
$-54.9M
Q3 25
$110.0M
$782.0M
Q2 25
$69.9M
Q1 25
$209.9M
Q4 24
$-84.5M
Q3 24
$31.9M
Q2 24
$55.4M
Free Cash Flow
PRG
PRG
Q
Q
Q1 26
Q4 25
$-57.5M
Q3 25
$106.5M
$568.0M
Q2 25
$68.0M
Q1 25
$208.0M
Q4 24
$-86.8M
Q3 24
$29.8M
Q2 24
$53.5M
FCF Margin
PRG
PRG
Q
Q
Q1 26
Q4 25
-10.9%
Q3 25
17.9%
44.5%
Q2 25
11.2%
Q1 25
30.4%
Q4 24
-15.5%
Q3 24
4.9%
Q2 24
9.0%
Capex Intensity
PRG
PRG
Q
Q
Q1 26
Q4 25
0.5%
Q3 25
0.6%
16.8%
Q2 25
0.3%
Q1 25
0.3%
Q4 24
0.4%
Q3 24
0.3%
Q2 24
0.3%
Cash Conversion
PRG
PRG
Q
Q
Q1 26
Q4 25
-1.36×
Q3 25
3.32×
3.71×
Q2 25
1.82×
Q1 25
6.05×
Q4 24
-1.47×
Q3 24
0.38×
Q2 24
1.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PRG
PRG

Segment breakdown not available.

Q
Q

Semiconductor Technologies$693.0M54%
Interconnect Solutions$583.0M46%

Related Comparisons