Upbound Group, Inc. UPBD Rent-A-Center — Lease Charge Off
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Where this comes from
Reported directly by Upbound Group, Inc. in its filing.
Tagged under the XBRL concept upbd:LeaseChargeOff.
The official record: Upbound Group, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Upbound Group, Inc.'s rent-a-center — lease charge off?
- Upbound Group, Inc. (UPBD) reported rent-a-center — lease charge off of $21M in Q1 2026.
- How has Upbound Group, Inc.'s rent-a-center — lease charge off changed year-over-year?
- Upbound Group, Inc.'s rent-a-center — lease charge off increased by 2.9% year-over-year, from $20.4M to $21M.
- What is the long-term trend for Upbound Group, Inc.'s rent-a-center — lease charge off?
- Over 3 years (2022 to 2025), Upbound Group, Inc.'s rent-a-center — lease charge off has grown at a -4.1% compound annual growth rate (CAGR), from $91.7M to $80.8M.
- What does rent-a-center — lease charge off mean?
- This represents the value of lease agreements that have been deemed uncollectible and are written off as a loss within the Rent-A-Center segment. It is a critical indicator of credit risk and the effectiveness of the segment's customer underwriting and collection processes.