PROG Holdings PRG Progressive Leasing — Provision for lease merchandise write-offs
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Where this comes from
Reported directly by PROG Holdings in its filing.
Tagged under the XBRL concept us-gaap:DirectFinancingLeaseNetInvestmentInLeaseAllowanceForCreditLossWriteoff.
The official record: PROG Holdings’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is PROG Holdings's progressive leasing — provision for lease merchandise write-offs?
- PROG Holdings (PRG) reported progressive leasing — provision for lease merchandise write-offs of $43.65M in Q1 2026.
- How has PROG Holdings's progressive leasing — provision for lease merchandise write-offs changed year-over-year?
- PROG Holdings's progressive leasing — provision for lease merchandise write-offs decreased by 9.1% year-over-year, from $48.02M to $43.65M.
- What is the long-term trend for PROG Holdings's progressive leasing — provision for lease merchandise write-offs?
- Over 3 years (2022 to 2025), PROG Holdings's progressive leasing — provision for lease merchandise write-offs has grown at a -3.7% compound annual growth rate (CAGR), from $193.93M to $173.12M.
- What does progressive leasing — provision for lease merchandise write-offs mean?
- An expense recognized to account for the estimated loss in value of lease assets that are unrecoverable or damaged beyond repair. It serves as a critical indicator of asset quality and the effectiveness of the segment's risk management and collection efforts.