PROG HOLDINGS, INC. (PRG) FY2026 Q2 P&L / Income Statement
2026-04-01 to 2026-06-30
Revenue by Product and Service
2026-04-01 to 2026-06-30
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PROG HOLDINGS, INC. (PRG) FY2026 Q2 P&L / Income Statement
Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total revenues
- 719,715,000 US dollars
- Cost of product sales
- 75,702,000 US dollars
- Gross profit (calculated)
- 644,013,000 US dollars
- Operating costs, net of other operating income (calculated)
- 578,383,000 US dollars
- Operating profit
- 65,630,000 US dollars
- Other income (expense), net (calculated)
- negative 14,823,000 US dollars
- Earnings from continuing operations before income tax expense
- 50,807,000 US dollars
- Income tax expense
- 13,429,000 US dollars
- Net earnings
- 37,029,000 US dollars
- Lease revenues and fees
- 549,830,000 US dollars
- Product and service revenues
- 128,507,000 US dollars
- Other revenue
- 41,378,000 US dollars
- Depreciation of lease merchandise
- 364,311,000 US dollars
- Provision for lease merchandise write-offs
- 46,499,000 US dollars
- Operating expenses
- 143,417,000 US dollars
- Provision for credit losses
- 30,667,000 US dollars
- Gain on sale of lease receivables
- negative 4,701,000 US dollars
- Gain on change in fair value of receivables
- negative 1,810,000 US dollars
- (Loss) earnings from discontinued operations, net of tax
- negative 349,000 US dollars. Reported below-tax contribution to net income.
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- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

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Gross margin
89.5%
Gross profit / revenue
Operating margin
9.1%
Operating profit / revenue
Cash conversion
286.9%
Operating cash / net income, same period
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