PROG Holdings PRG Provision for lease merchandise write-offs
Provision for lease merchandise write-offs at other companies
Segments
By segment
Other financials
Where this comes from
Reported directly by PROG Holdings in its filing.
Tagged under the XBRL concept us-gaap:DirectFinancingLeaseNetInvestmentInLeaseAllowanceForCreditLossWriteoff.
The official record: PROG Holdings’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is PROG Holdings's provision for lease merchandise write-offs?
- PROG Holdings (PRG) reported provision for lease merchandise write-offs of $43.65M in Q1 2026.
- How has PROG Holdings's provision for lease merchandise write-offs changed year-over-year?
- PROG Holdings's provision for lease merchandise write-offs decreased by 9.1% year-over-year, from $48.02M to $43.65M.
- What is the long-term trend for PROG Holdings's provision for lease merchandise write-offs?
- Over 4 years (2021 to 2025), PROG Holdings's provision for lease merchandise write-offs has grown at a 8.1% compound annual growth rate (CAGR), from $126.98M to $173.12M.
- What does provision for lease merchandise write-offs mean?
- This metric quantifies the estimated losses associated with uncollectible lease merchandise, representing the portion of the lease portfolio deemed unrecoverable. It serves as a key indicator of credit risk management and the quality of the underlying customer base within the lease-to-own segment. High levels of write-offs may indicate deteriorating credit performance or aggressive underwriting standards.