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PROG Holdings PRG Four — Total restructuring expenses

Other segment segments

Purchasing Power
$3.34M
Progressive Leasing
$147.25K

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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:RestructuringCostsAndAssetImpairmentCharges.

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
(in thousands)Progressive LeasingPurchasing PowerFourOtherTotal
Severance$526$3,343$3,869
Other restructuring activities33
Total restructuring expenses$526$3,343$3$3,872

ITEM 1.FINANCIAL STATEMENTS

FAQ

What is PROG Holdings's four — total restructuring expenses?
PROG Holdings (PRG) reported four — total restructuring expenses of $0 in Q1 2026.
What does four — total restructuring expenses mean?
Includes costs associated with significant organizational changes, such as workforce reductions, facility closures, or strategic realignments within the segment. These expenses are typically non-recurring and are used to improve long-term operational efficiency. Investors track this to understand the impact of transformation initiatives on short-term profitability.

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