What does progressive leasing — cost of product sales mean?

The direct costs associated with acquiring or producing the goods that are subsequently leased or sold to customers. Tracking this metric is essential for evaluating the segment's gross margin and the efficiency of its supply chain and procurement processes.

PROG Holdings (PRG) Progressive Leasing — Cost of product sales

Screener

Other segment segments

Purchasing Power

$62.51M—

Four

$0—

Similar metrics at other companies

BCRXReportable Segment — Cost of product sales

$3.84M+37.2%

RIGLSingle reportable segment — Cost of product sales

$4.61M+4.5%

GEHCProduct — Cost of Sales

$2.22B+2.6%

BCPCSpecialty Products — Cost of Sales

$14.26M-10.8%

MCHPSemiconductor products — Cost of Sales

$545.8M+9.4%

INSEProduct Sales — Cost of Goods Sold

$3.5M-12.5%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$171.7M-18.2%

CapEx$3.1M+60.5%

Free cash flow$168.6M-19.0%

Valuation

See full

Market cap$1.73B+39.4%

Enterprise value$2.59B+59.4%

P/E11.7×+5.9×

P/S0.7×+0.2×

Profitability

See full

Operating margin8.7%0.0pp

Net margin6%-2.7pp

FCF margin22.8%—

Returns & leverage

See full

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:CostOfRevenue.

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 Leasing	Purchasing Power	Four	Other	Total
Total revenues	596,864	107,135	34,967	3,708	742,674
Significant segment expenses1
Depreciation of lease merchandise	409,010	—	—	—	409,010
Cost of product sales	—	62,506	—	—	62,506
Provision for lease merchandise write-offs	43,651	—	—	—	43,651
Selling, general and administrative	81,260	28,385	12,654	9,879	132,178
Provision for credit losses	—	12,961	9,597	1,609	24,167
Total	533,921	103,852	22,251	11,488	671,512

ITEM 1.FINANCIAL STATEMENTS

FAQ

What is PROG Holdings's progressive leasing — cost of product sales?: PROG Holdings (PRG) reported progressive leasing — cost of product sales of $0 in Q1 2026.
What does progressive leasing — cost of product sales mean?: The direct costs associated with acquiring or producing the goods that are subsequently leased or sold to customers. Tracking this metric is essential for evaluating the segment's gross margin and the efficiency of its supply chain and procurement processes.