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PROG Holdings PRG Progressive Leasing — Selling, General and Administrative Expense

Other segment segments

Purchasing Power
$28.39M
Four
$12.65M

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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$1.71B+33.9%
Enterprise value$2.56B+54.8%
P/E11.5×+5.6×
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:SellingGeneralAndAdministrativeExpense.

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
Depreciation of lease merchandise409,010409,010
Cost of product sales62,50662,506
Provision for lease merchandise write-offs43,65143,651
Selling, general and administrative81,26028,38512,6549,879132,178
Provision for credit losses12,9619,5971,60924,167
Total533,921103,85222,25111,488671,512
Other segment items:
Depreciation and amortization25,3118,08525350114,150

ITEM 1.FINANCIAL STATEMENTS

FAQ

What is PROG Holdings's progressive leasing — selling, general and administrative expense?
PROG Holdings (PRG) reported progressive leasing — selling, general and administrative expense of $81.26M in Q1 2026.
How has PROG Holdings's progressive leasing — selling, general and administrative expense changed year-over-year?
PROG Holdings's progressive leasing — selling, general and administrative expense decreased by 1.1% year-over-year, from $82.18M to $81.26M.
What is the long-term trend for PROG Holdings's progressive leasing — selling, general and administrative expense?
Over 3 years (2022 to 2025), PROG Holdings's progressive leasing — selling, general and administrative expense has grown at a 1.1% compound annual growth rate (CAGR), from $321.27M to $331.78M.
What does progressive leasing — selling, general and administrative expense mean?
The overhead costs required to operate the segment, including marketing, administrative salaries, and general corporate support. This metric helps investors evaluate the operational leverage and cost discipline within the business unit.

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