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PROG Holdings PRG Financing Receivables

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Other financials

Income statement

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Revenue$742.7M+11.1%
Gross profit$680.2M+1.8%
Operating income$65.3M+15.9%
Net income$36.1M+3.8%
EPS (diluted)$0.89+7.2%

Balance sheet

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Cash & equivalents$79.5M-62.7%
Total debt$936.1M+55.0%
Total equity$774.4M+18.3%
Total assets$2.0B+39.0%

Cash flow

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Operating cash flow$171.7M-18.2%
CapEx$3.1M+60.5%
Free cash flow$168.6M-19.0%

Valuation

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Market cap$1.71B+33.9%
Enterprise value$2.56B+54.8%
P/E11.5×+5.6×
P/S0.7×+0.2×

Profitability

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Operating margin8.7%0.0pp
Net margin6%-2.7pp
FCF margin22.8%

Returns & leverage

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Return on equity20.7%-13.1pp
Debt / equity1.2×+0.3×

Where this comes from

Reported directly by PROG Holdings in its filing.

Tagged under the XBRL concept us-gaap:NotesReceivableNet.

The source filing: PROG Holdings’s 10-Q, filed April 29, 2026.

Filed
Apr 29, 2026, 9:26 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001808834-26-000066
Assets(Unaudited) / March 31,2026 / (in thousands, except share data)December 31,2025 / (in thousands, except share data)
Receivables (net of allowances and unearned interest income of $80,638 in 2026 and $68,806 in 2025; includes $203,043 recorded at fair value in 2026)1387,58674,228
Other receivables (net of allowances and unearned interest income of $3,344 in 2026 and $0 in 2025; includes $20,891 recorded at fair value in 2026)134,588
Lease merchandise (net of accumulated depreciation and allowances of $412,002 in 2026 and $407,104 in 2025)531,292609,009
Loans receivable (net of allowances and unamortized fees of $18,055 in 2026 and $18,246 in 2025)71,00090,648
Property and equipment, net21,81719,526
Goodwill and other intangibles, net771,676353,835
Income tax receivable26,60147,894
Deferred income tax assets19,31119,561

ITEM 1.FINANCIAL STATEMENTS

FAQ

What is PROG Holdings's financing receivables?
PROG Holdings (PRG) reported financing receivables of $71M in Q1 2026.
How has PROG Holdings's financing receivables changed year-over-year?
PROG Holdings's financing receivables decreased by 47.6% year-over-year, from $135.41M to $71M.
What is the long-term trend for PROG Holdings's financing receivables?
Over 5 years (2020 to 2025), PROG Holdings's financing receivables has grown at a 2.8% compound annual growth rate (CAGR), from $79.15M to $90.65M.

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