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PROG Holdings PRG Purchasing Power — 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 purchasing power — depreciation of lease merchandise?
- PROG Holdings (PRG) reported purchasing power — depreciation of lease merchandise of $0 in Q1 2026.
- What does purchasing power — depreciation of lease merchandise mean?
- This metric reflects the systematic allocation of the cost of lease merchandise over its useful life within the Purchasing Power segment. As assets are leased to consumers, their value decreases, and this expense captures that consumption of economic value. It is a critical component in determining the segment's operating margin and the true cost of its lease-to-own business model.
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