What is PROG Holdings's progressive leasing — recoveries?

PROG Holdings (PRG) reported progressive leasing — recoveries of $11.93M in Q1 2026.

What does progressive leasing — recoveries mean?

The amount of cash collected on previously written-off lease or financing receivables. Recoveries indicate the effectiveness of the company's collections and recovery processes after an account has been classified as a loss.

PROG Holdings PRG Progressive Leasing — Recoveries

Similar metrics at other companies

OPLNFinance — Recoveries

$2M+5.3%

GPMTFinancing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Recovery

$300K+235%

SEDGFinancing Receivable Recoveries Collected

-$6.59M-354%

SCILong Term — Financing Receivable, Allowance for Credit Loss, Recovery

$0-100%

WEXCorporate Payments — Recoveries of amounts previously charged-off

$100K—

BKRecoveries

$11M+1,000%

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$1.66B+6.4%

Enterprise value$2.51B+36.4%

P/E11.2×+3.8×

P/S0.7×0.0×

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:FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery.

The official record: PROG Holdings’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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What is PROG Holdings's progressive leasing — recoveries?: PROG Holdings (PRG) reported progressive leasing — recoveries of $11.93M in Q1 2026.
What does progressive leasing — recoveries mean?: The amount of cash collected on previously written-off lease or financing receivables. Recoveries indicate the effectiveness of the company's collections and recovery processes after an account has been classified as a loss.