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PROG Holdings PRG Progressive Leasing — Depreciation, Depletion and Amortization

Other segment segments

Purchasing Power
$8.09M
Four
$253K

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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$1.73B+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:DepreciationDepletionAndAmortization.

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
Provision for credit losses12,9619,5971,60924,167
Total533,921103,85222,25111,488671,512
Other segment items:
Depreciation and amortization25,3118,08525350114,150
Restructuring expenses5263,34333,872
Gain on sale of lease receivables(6,457)(6,457)
Gain on change in fair value of receivables(5,712)(5,712)
Interest expense312,0995,2141,073318,389

ITEM 1.FINANCIAL STATEMENTS

FAQ

What is PROG Holdings's progressive leasing — depreciation, depletion and amortization?
PROG Holdings (PRG) reported progressive leasing — depreciation, depletion and amortization of $5.31M in Q1 2026.
How has PROG Holdings's progressive leasing — depreciation, depletion and amortization changed year-over-year?
PROG Holdings's progressive leasing — depreciation, depletion and amortization increased by 3.6% year-over-year, from $5.13M to $5.31M.
What is the long-term trend for PROG Holdings's progressive leasing — depreciation, depletion and amortization?
Over 4 years (2021 to 2025), PROG Holdings's progressive leasing — depreciation, depletion and amortization has grown at a -10.3% compound annual growth rate (CAGR), from $31.76M to $20.6M.
What does progressive leasing — depreciation, depletion and amortization mean?
This metric represents the non-cash expense recognized by the Progressive Leasing segment to allocate the cost of tangible and intangible assets over their estimated useful lives. It reflects the wear and tear or obsolescence of assets used to support the lease-to-own business model. Monitoring this helps investors assess the capital intensity of the segment's operations.

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