The financials
PROG Holdings, Inc. by the numbers
PROG Holdings, Inc. (PRG) reported revenue of $720M in Q2 2026 (quarter ended June 30, 2026), up 22% from the same quarter a year earlier. That came with a gross margin of 89% and net income of $37M (5.1% of revenue). For the full year FY2025, revenue was $2.41B (+0.4% year on year) and net income $147M. Its largest product in 2026-Q1 was Lease Revenuesand Fees at $597M, 80% of the disclosed total, just ahead of Product And Service at 14%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $720M | $589M | +22% |
| Gross profit | $644M | $589M | +9.4% |
| Operating income | $66M | $59M | +11% |
| Net income | $37M | $38M | −3.8% |
| Diluted EPS | $0.91 | $0.95 | −4.2% |
| Product | Revenue | Share |
|---|---|---|
| Lease Revenuesand Fees | $597M | 80% |
| Product And Service | $106M | 14% |
| Product And Service Other | $39M | 5.3% |
| Service | $5.8M | 0.8% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $748.5M (+26%)
Product And Service Other grew +134% year on yearLease Revenues and Fees -8.4% year on year
Segment Latestquarter on quarteryear on year
- Lease Revenues and Fees$596.9M$596.9MQoQ +7.2%year on year -8.4%+7.2%-8.4%
- Product And Service$106.4M$106.4MQoQ -year on year ---
- Product And Service Other$39.4M$39.4MQoQ -year on year +134%-+134%
- Service$5.8M$5.8MQoQ -year on year ---
- Interest And Fees On Loans Receivable--QoQ -year on year ---
Rental & Leasing Services
Ranks #7 of 15 by Smart Score