PROG Holdings, Inc.
For the period ended Oct 28, 2026. Filed Oct 28, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Oct 28, 2026 · Filed Oct 28, 2026
Use the contents to explore the available documents and sections.
PRG$37.71-3.0%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In thousands, except per share data)
(In thousands, except per share data)
| (Unaudited) Three months ended · (Unaudited) Nine months ended | ||||
|---|---|---|---|---|
| September 30, | September 30, | |||
| 2026 | 2025 | 2026 | 2025 | |
| Revenues | ||||
| Lease revenues and fees | $552,266 | $556,583 | $1,698,960 | $1,777,814 |
| Product and service revenues | 128,941 | — | 363,854 | — |
| Other revenue | 44,572 | 21,123 | 125,354 | 56,823 |
| 725,779 | 577,706 | 2,188,168 | 1,834,637 | |
| Costs and expenses | ||||
| Depreciation of lease merchandise | 376,821 | 378,499 | 1,150,142 | 1,224,049 |
| Cost of product sales | 75,826 | — | 214,034 | — |
| Provision for lease merchandise write-offs | 45,977 | 41,037 | 136,127 | 131,688 |
| Operating expenses | 135,007 | 95,588 | 428,624 | 287,121 |
| Provision for credit losses | 30,526 | 9,991 | 85,360 | 23,535 |
| 664,157 | 525,115 | 2,014,287 | 1,666,393 | |
| Gain on sale of lease receivables | 2,881 | — | 14,039 | — |
| Gain on change in fair value of receivables | 1,478 | — | 9,000 | — |
| Operating profit | 65,981 | 52,591 | 196,920 | 168,244 |
| Interest expense | (14,172) | (9,790) | (47,778) | (29,547) |
| Interest income | 501 | 1,899 | 1,538 | 4,417 |
| Earnings from continuing operations before income tax expense | 52,310 | 44,700 | 150,680 | 143,114 |
| Income tax expense | 14,832 | 12,433 | 39,606 | 38,676 |
| Net earnings from continuing operations | 37,478 | 32,267 | 111,074 | 104,438 |
| (Loss) earnings from discontinued operations, net of tax | (236) | 854 | (749) | 1,884 |
| Net earnings | $37,242 | $33,121 | $110,325 | $106,322 |
| Basic earnings per share | ||||
| Continuing operations | $0.95 | $0.81 | $2.78 | $2.60 |
| Discontinued operations | (0.01) | 0.02 | (0.02) | 0.05 |
| Total basic earnings per share | $0.94 | $0.83 | $2.76 | $2.65 |
| Diluted earnings per share | ||||
| Continuing operations | $0.92 | $0.80 | $2.73 | $2.55 |
| Discontinued operations | (0.01) | 0.02 | (0.02) | 0.05 |
| Total diluted earnings per share | $0.91 | $0.82 | $2.71 | $2.60 |
| Cash dividend declared per share | ||||
| Common stock | $0.14 | $0.13 | $0.42 | $0.39 |
| Weighted average shares outstanding | ||||
| Basic | 39,627 | 39,700 | 39,900 | 40,220 |
| Diluted | 40,550 | 40,481 | 40,697 | 40,960 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.