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PROG Holdings PRG Operating Income

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Other financials

Income statement

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Revenue$742.7M+11.1%
Gross profit$680.2M+1.8%
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$1.73B+39.4%
Enterprise value$2.59B+59.4%
P/E11.7×+5.9×
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:OperatingIncomeLoss.

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
Line itemThree months ended March 31, 2026Three months ended March 31, 2025
689,534612,086
Gain on sale of lease receivables6,457
Gain on change in fair value of receivables5,712
Operating profit65,30956,342
Interest expense(18,389)(9,963)
Interest income643873
Earnings from continuing operations before income tax expense47,56347,252
Income tax expense11,34512,662

ITEM 1.FINANCIAL STATEMENTS

FAQ

What is PROG Holdings's operating income?
PROG Holdings (PRG) reported operating income of $65.31M in Q1 2026.
How has PROG Holdings's operating income changed year-over-year?
PROG Holdings's operating income increased by 15.9% year-over-year, from $56.34M to $65.31M.
What is the long-term trend for PROG Holdings's operating income?
Over 4 years (2021 to 2025), PROG Holdings's operating income has grown at a -11.3% compound annual growth rate (CAGR), from $333.53M to $206.79M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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