What does progressive leasing — past due receivables mean?

The total amount of lease or financing receivables that have remained unpaid beyond their contractually scheduled due dates. This is a critical indicator of credit risk and the overall health of the consumer payment portfolio within the leasing segment.

PROG Holdings (PRG) Progressive Leasing — Past due receivables

Screener

Other segment segments

Purchasing Power

$20.89M—

Four

$7.34M—

Similar metrics at other companies

PTRNOther receivables — Accounts receivable, gross

$25.22M—

PTRNBrand partner receivables — Accounts receivable, gross

$84.92M—

HGVOther receivables — Accounts Receivable

$0-100%

HGVTax receivables — Accounts Receivable

$69M-41.5%

NRIMHome Mortgage Lending — Purchased receivables, net

$0—

CHDNOther receivables — Accounts receivable

$24M-4.0%

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:AccountsReceivableGross.

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)	March 31, 2026	December 31, 2025
Accounts receivable
Progressive Leasing accounts receivable:
Progressive Leasing accounts receivable	$128,152	$136,234
Less: accounts receivable allowance	(68,270)	(68,806)
Progressive Leasing accounts receivable, net	59,882	67,428
Four affiliate and interchange fees receivable	7,344	6,800
Purchasing Power accounts receivable
Accounts receivable - acquired portfolio (at fair value)	203,043	—

ITEM 1.FINANCIAL STATEMENTS

FAQ

What is PROG Holdings's progressive leasing — past due receivables?: PROG Holdings (PRG) reported progressive leasing — past due receivables of $128.15M in Q1 2026.
What does progressive leasing — past due receivables mean?: The total amount of lease or financing receivables that have remained unpaid beyond their contractually scheduled due dates. This is a critical indicator of credit risk and the overall health of the consumer payment portfolio within the leasing segment.