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PROG Holdings Q2 FY26 net earnings from continuing operations slip 0.5% to $37.4 million; revenue rises 22.3% to $719.7 million

PROG Holdings Q2 FY26 net earnings from continuing operations slip 0.5% to $37.4 million; revenue rises 22.3% to $719.7 million

ReutersReuters2026/07/29 12:25
By:Reuters
  • PROG Holdings posted Q2 net earnings from continuing operations of $37.4 million, while revenue climbed 22.3% to $719.7 million.
  • Diluted EPS from continuing operations slipped to $0.92; non-GAAP diluted EPS rose 19% to $1.19.
  • Adjusted EBITDA from continuing operations increased 22.8% to $88.4 million; consolidated GMV jumped 60.1% to $902 million.
  • Progressive Leasing revenue fell 3.4% to $550.6 million, while Four revenue more than doubled to $35.1 million.
  • Raised 2026 revenue outlook to $3.03 billion-$3.1 billion, forecasting diluted EPS of $3.82-$4.06.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PROG Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001808834-26-000101), on July 29, 2026, and is solely responsible for the information contained therein.

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