PROG Holdings Reports Second Quarter 2026 Results
PROG Holdings reported Q2 2026 revenue of $719.7 million, up 22.3% year-over-year, with Adjusted EBITDA rising 22.8% to $88.4 million. Consolidated GMV surged 60.1% to $902.0 million, driven by triple-digit growth at Four and contributions from the recently acquired Purchasing Power, while Progressive Leasing returned to positive GMV growth.
Key figures
- Eps
- 0.92
- Revenue
- 719700000
- Guidance
- FY26 Revenue $3.025B-$3.10B, Adj EBITDA $355M-$375M, Non-GAAP EPS $4.75-$5.00 (raised)
- Revenue Yoy
- 22.3%
- Gmv
- 902000000
- Gmv yoy
- 60.1%
- Debt repaid
- 50000000
- Eps non gaap
- 1.19
- Adjusted ebitda
- 88400000
- Dividend per share
- 0.14
- Net leverage ratio
- 1.7x
- Adjusted ebitda margin
- 12.3%
- Shares repurchased amount
- 10200000
AI analysis
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