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PROG Holdings PRG Purchasing Power — Selling, General and Administrative Expense

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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 purchasing power — selling, general and administrative expense?
PROG Holdings (PRG) reported purchasing power — selling, general and administrative expense of $28.39M in Q1 2026.
What does purchasing power — selling, general and administrative expense mean?
This includes the operating expenses required to manage the Purchasing Power segment, such as personnel, marketing, and administrative overhead. It measures the operational efficiency and cost structure of the segment's business model. Investors use this to evaluate how effectively the segment scales its operations relative to revenue growth.

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