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PROG Holdings PRG Progressive Leasing — Depreciation of lease merchandise
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Where this comes from
Reported directly by PROG Holdings in its filing.
Tagged under the XBRL concept prg:DepreciationOfLeaseMerchandise.
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 |
|---|---|---|---|---|---|
| Other revenues | — | 729 | 34,967 | 3,708 | 39,404 |
| 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 |
ITEM 1.FINANCIAL STATEMENTS
FAQ
- What is PROG Holdings's progressive leasing — depreciation of lease merchandise?
- PROG Holdings (PRG) reported progressive leasing — depreciation of lease merchandise of $409.01M in Q1 2026.
- How has PROG Holdings's progressive leasing — depreciation of lease merchandise changed year-over-year?
- PROG Holdings's progressive leasing — depreciation of lease merchandise decreased by 11.2% year-over-year, from $460.44M to $409.01M.
- What is the long-term trend for PROG Holdings's progressive leasing — depreciation of lease merchandise?
- Over 4 years (2021 to 2025), PROG Holdings's progressive leasing — depreciation of lease merchandise has grown at a -3.3% compound annual growth rate (CAGR), from $1.82B to $1.59B.
- What does progressive leasing — depreciation of lease merchandise mean?
- The systematic allocation of the cost of tangible assets leased to customers over their estimated useful lives. This expense reflects the wear and tear or obsolescence of the inventory deployed in the lease-to-own business model.
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