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Side-by-side financial comparison of PROG Holdings, Inc. (PRG) and Viper Energy, Inc. (VNOM). Click either name above to swap in a different company.
PROG Holdings, Inc. is the larger business by last-quarter revenue ($651.6M vs $393.0M, roughly 1.7× Viper Energy, Inc.). PROG Holdings, Inc. runs the higher net margin — 5.5% vs -19.6%, a 25.1% gap on every dollar of revenue. On growth, PROG Holdings, Inc. posted the faster year-over-year revenue change (457.1% vs 88.0%).
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.
Commonwealth Fusion Systems (CFS) is an American fusion power company founded in 2018 in Cambridge, Massachusetts, after a spin-off from the Massachusetts Institute of Technology (MIT). Its stated goal is to build a small fusion power plant based on the ARC tokamak design. It has participated in the United States Department of Energy’s INFUSE public-private knowledge innovation scheme with several national labs and universities.
PRG vs VNOM — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $651.6M | $393.0M |
| Net Profit | $36.1M | $-77.0M |
| Gross Margin | — | — |
| Operating Margin | 10.0% | -44.8% |
| Net Margin | 5.5% | -19.6% |
| Revenue YoY | 457.1% | 88.0% |
| Net Profit YoY | 3.8% | -257.1% |
| EPS (diluted) | $3.68 | $-0.52 |
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.
| Q1 26 | $651.6M | — | ||
| Q4 25 | $525.4M | — | ||
| Q3 25 | $595.1M | $393.0M | ||
| Q2 25 | $604.7M | — | ||
| Q1 25 | $684.1M | — | ||
| Q4 24 | $558.9M | — | ||
| Q3 24 | $606.1M | $209.0M | ||
| Q2 24 | $592.2M | — |
| Q1 26 | $36.1M | — | ||
| Q4 25 | $40.5M | — | ||
| Q3 25 | $33.1M | $-77.0M | ||
| Q2 25 | $38.5M | — | ||
| Q1 25 | $34.7M | — | ||
| Q4 24 | $57.5M | — | ||
| Q3 24 | $84.0M | $49.0M | ||
| Q2 24 | $33.8M | — |
| Q1 26 | 10.0% | — | ||
| Q4 25 | 6.9% | — | ||
| Q3 25 | 9.0% | -44.8% | ||
| Q2 25 | 10.0% | — | ||
| Q1 25 | 8.2% | — | ||
| Q4 24 | 8.9% | — | ||
| Q3 24 | 8.1% | 65.1% | ||
| Q2 24 | 9.4% | — |
| Q1 26 | 5.5% | — | ||
| Q4 25 | 7.7% | — | ||
| Q3 25 | 5.6% | -19.6% | ||
| Q2 25 | 6.4% | — | ||
| Q1 25 | 5.1% | — | ||
| Q4 24 | 10.3% | — | ||
| Q3 24 | 13.9% | 23.4% | ||
| Q2 24 | 5.7% | — |
| Q1 26 | $3.68 | — | ||
| Q4 25 | $0.99 | — | ||
| Q3 25 | $0.82 | $-0.52 | ||
| Q2 25 | $0.95 | — | ||
| Q1 25 | $0.83 | — | ||
| Q4 24 | $1.33 | — | ||
| Q3 24 | $1.94 | $0.52 | ||
| Q2 24 | $0.77 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $69.4M | $53.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $774.4M | $4.6B |
| Total Assets | $2.0B | $13.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $69.4M | — | ||
| Q4 25 | $308.8M | — | ||
| Q3 25 | $292.6M | $53.0M | ||
| Q2 25 | $222.0M | — | ||
| Q1 25 | $213.3M | — | ||
| Q4 24 | $90.9M | — | ||
| Q3 24 | $221.7M | — | ||
| Q2 24 | $250.1M | — |
| Q1 26 | — | — | ||
| Q4 25 | $594.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $643.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $774.4M | — | ||
| Q4 25 | $746.4M | — | ||
| Q3 25 | $703.6M | $4.6B | ||
| Q2 25 | $668.7M | — | ||
| Q1 25 | $654.4M | — | ||
| Q4 24 | $650.3M | — | ||
| Q3 24 | $630.8M | $3.3B | ||
| Q2 24 | $581.9M | — |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.5B | $13.7B | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.5B | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.80× | — | ||
| Q3 25 | — | — | ||
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $654.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-54.9M | — | ||
| Q3 25 | $110.0M | $654.0M | ||
| Q2 25 | $69.9M | — | ||
| Q1 25 | $209.9M | — | ||
| Q4 24 | $-84.5M | — | ||
| Q3 24 | $31.9M | — | ||
| Q2 24 | $55.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | $-57.5M | — | ||
| Q3 25 | $106.5M | — | ||
| Q2 25 | $68.0M | — | ||
| Q1 25 | $208.0M | — | ||
| Q4 24 | $-86.8M | — | ||
| Q3 24 | $29.8M | — | ||
| Q2 24 | $53.5M | — |
| Q1 26 | — | — | ||
| Q4 25 | -10.9% | — | ||
| Q3 25 | 17.9% | — | ||
| Q2 25 | 11.2% | — | ||
| Q1 25 | 30.4% | — | ||
| Q4 24 | -15.5% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 9.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 0.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | -1.36× | — | ||
| Q3 25 | 3.32× | — | ||
| 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
Segment breakdown not available.
VNOM
| Oil Income | $332.0M | 84% |
| Natural Gas Liquids Income | $46.0M | 12% |
| Natural Gas Income | $15.0M | 4% |